Silver X Mining (FRA:AGX) Days Payable : 192.59 (As of Dec. 2023)

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What is Silver X Mining Days Payable?

Silver X Mining's average Accounts Payable for the three months ended in Dec. 2023 was €10.32 Mil. Silver X Mining's Cost of Goods Sold for the three months ended in Dec. 2023 was €4.89 Mil. Hence, Silver X Mining's Days Payable for the three months ended in Dec. 2023 was 192.59.

The historical rank and industry rank for Silver X Mining's Days Payable or its related term are showing as below:

FRA:AGX' s Days Payable Range Over the Past 10 Years
Min: 125.42 Med: 167.07 Max: 213.24
Current: 213.24

During the past 4 years, Silver X Mining's highest Days Payable was 213.24. The lowest was 125.42. And the median was 167.07.

FRA:AGX's Days Payable is ranked better than
56.61% of 1067 companies
in the Metals & Mining industry
Industry Median: 131.81 vs FRA:AGX: 213.24

Silver X Mining's Days Payable declined from Dec. 2022 (203.04) to Dec. 2023 (192.59). It may suggest that Silver X Mining accelerated paying its suppliers.

Silver X Mining Days Payable Historical Data

The historical data trend for Silver X Mining'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.

* Premium members only.

Silver X Mining Days Payable Chart

Silver X Mining Annual Data

Trend

Feb20

Feb21

Dec22

Dec23

Days Payable

125.22

210.32

Silver X Mining Quarterly Data
	May20	Aug20	Feb21	May21	Sep21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial								203.04	185.46	194.56	346.84	192.59

Competitive Comparison of Silver X Mining's Days Payable

For the Other Industrial Metals & Mining subindustry, Silver X Mining'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.

Silver X Mining's Days Payable Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Silver X Mining's Days Payable falls into.

Silver X Mining 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.

Silver X Mining's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (9	+	10.306)	/	2 )	/	16.752	*	365
=	9.653					/	16.752	*	365
=	210.32

Silver X Mining's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (10.331	+	10.306)	/	2 )	/	4.889	*	365 / 4
=	10.3185					/	4.889	*	365 / 4
=	192.59

Silver X Mining Days Payable Related Terms

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Silver X Mining (FRA:AGX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Silver X Mining Corp (FRA:AGX) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

AGXPF:USA AGX:Germany AGX:Canada

Address

800 West Pender Street, Suite 1430, Vancouver, BC, CAN, V6C 2V6

Website

https://www.silverx-mining.com

Silver X Mining Corp is a Canadian silver mining company with assets in Peru and Ecuador. The Company operates in two reportable operating segments, the exploration and development of mineral properties. The company's flagship asset is the Nueva Recuperada silver lead zinc project located in Huancavelica, Peru. The firm offers diverse commodity exposure, including silver, gold, lead, and zinc opportunities. It also holds interest in the Coriorcco gold project.