ECPN (El Capitan Precious Metals) Days Payable: 13.15 (As of Sep. 2017)


What is El Capitan Precious Metals Days Payable?

El Capitan Precious Metals ECPN Days Payable is 13.15 as of Sep. 2017.

El Capitan Precious Metals's average Accounts Payable for the three months ended in Sep. 2017 was $0.26 Mil. El Capitan Precious Metals's Cost of Goods Sold for the three months ended in Sep. 2017 was $1.79 Mil. Hence, El Capitan Precious Metals's Days Payable for the three months ended in Sep. 2017 was 13.15.

The historical rank and industry rank for El Capitan Precious Metals's Days Payable or its related term are showing as below:

ECPN's Days Payable is not ranked *
in the Metals & Mining industry.
Industry Median: 127.26
* Ranked among companies with meaningful Days Payable only.

El Capitan Precious Metals's Days Payable increased from Sep. 2016 (10.85) to Sep. 2017 (13.15). It may suggest that El Capitan Precious Metals delayed paying its suppliers.

El Capitan Precious Metals Days Payable Historical Data

* Premium members only.

The historical data trend for El Capitan Precious Metals's Days Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

El Capitan Precious Metals Days Payable Chart

El Capitan Precious Metals Annual Data
Trend Sep08 Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15 Sep16 Sep17
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 38.92 46.03

El Capitan Precious Metals Quarterly Data
Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.85 0.00 0.00 13,345.31 13.15

ECPN vs MAGE: Days Payable Comparison

For the Other Precious Metals & Mining subindustry, El Capitan Precious Metals's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

El Capitan Precious Metals Days Payable vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, El Capitan Precious Metals's Days Payable distribution charts can be found below:

* The bar in red indicates where El Capitan Precious Metals's Days Payable falls into.


El Capitan Precious Metals Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

El Capitan Precious Metals's Days Payable for the fiscal year that ended in Sep. 2017 is calculated as

Days Payable (A: Sep. 2017 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Sep. 2016 ) + Accounts Payable (A: Sep. 2017 )) / count ) / Cost of Goods Sold (A: Sep. 2017 )*Days in Period
=( (0.224 + 0.229) / 2 ) / 1.796*365
=0.2265 / 1.796*365
=46.03

El Capitan Precious Metals's Days Payable for the quarter that ended in Sep. 2017 is calculated as:

Days Payable (Q: Sep. 2017 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2017 ) + Accounts Payable (Q: Sep. 2017 )) / count ) / Cost of Goods Sold (Q: Sep. 2017 )*Days in Period
=( (0.288 + 0.229) / 2 ) / 1.794*365 / 4
=0.2585 / 1.794*365 / 4
=13.15

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 13.15 mean?
El Capitan Precious Metals (ECPN) has a Days Payable of 13.15 as of Sep. 2017. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on El Capitan Precious Metals and its competitors.
Is El Capitan Precious Metals' Days Payable too high?
El Capitan Precious Metals' current Days Payable is 13.15. The Metals & Mining industry median Days Payable is 127.26. El Capitan Precious Metals' value of 13.15 is 89.7% below this industry median.
How does El Capitan Precious Metals' Days Payable compare to MAGE?
El Capitan Precious Metals' Days Payable of 13.15 can be compared against companies in the Metals & Mining industry. The industry median Days Payable is 127.26. El Capitan Precious Metals' value of 13.15 is 89.7% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Metals & Mining company?
The median Days Payable among Metals & Mining companies is 127.26, based on 1,065 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. El Capitan Precious Metals's current Days Payable of 13.15 is 89.7% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on El Capitan Precious Metals and its competitors. For the Metals & Mining industry, the median Days Payable is 127.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. El Capitan Precious Metals's current Days Payable is 13.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is El Capitan Precious Metals stock overvalued right now?
El Capitan Precious Metals (ECPN) has a current Days Payable of 13.15. The current Days Payable is 13.15 and 89.7% below the Metals & Mining industry median of 127.26. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For El Capitan Precious Metals (ECPN), the current Days Payable is 13.15 as of Sep. 2017. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

El Capitan Precious Metals Business Description

Address 5871 Honeysuckle Road, Prescott, AZ, USA, 86305
El Capitan Precious Metals Inc is an exploration stage mining company. It explores for precious metals and other minerals. The company owns an interest in El Capitan Ltd which holds an interest in the El Capitan property located in New Mexico. Its objective is to market and sell the El Capitan Property to a mining company or enter a joint venture arrangement with a mining company to conduct mining operations. The El Capitan property consists of more than 350 Bureau of Land Management lode claims and four patented claims.