Silver Bull Resources (FRA:LZ61) Days Payable : 12,957.50 (As of Jan. 2024)

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What is Silver Bull Resources Days Payable?

Silver Bull Resources's average Accounts Payable for the three months ended in Jan. 2024 was €0.28 Mil. Silver Bull Resources's Cost of Goods Sold for the three months ended in Jan. 2024 was €0.00 Mil. Hence, Silver Bull Resources's Days Payable for the three months ended in Jan. 2024 was 12,957.50.

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

FRA:LZ61' s Days Payable Range Over the Past 10 Years
Min: 72.08 Med: 2642.87 Max: 9874.91
Current: 9874.91

During the past 13 years, Silver Bull Resources's highest Days Payable was 9874.91. The lowest was 72.08. And the median was 2642.87.

FRA:LZ61's Days Payable is ranked better than
88.67% of 1068 companies
in the Metals & Mining industry
Industry Median: 129.525 vs FRA:LZ61: 9874.91

Silver Bull Resources's Days Payable increased from Jan. 2023 (4,391.41) to Jan. 2024 (12,957.50). It may suggest that Silver Bull Resources delayed paying its suppliers.

Silver Bull Resources Days Payable Historical Data

The historical data trend for Silver Bull Resources'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 Bull Resources Days Payable Chart

Silver Bull Resources Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Days Payable

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2,358.81

4,386.08

3,589.17

4,901.43

9,915.83

Silver Bull Resources Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Days Payable	Get a 7-Day Free Trial															4,391.41	5,805.78	8,912.08	18,021.88	12,957.50

Competitive Comparison of Silver Bull Resources's Days Payable

For the Other Industrial Metals & Mining subindustry, Silver Bull Resources'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 Bull Resources's Days Payable Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Silver Bull Resources's Days Payable falls into.

Silver Bull Resources 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 Bull Resources's Days Payable for the fiscal year that ended in Oct. 2023 is calculated as

	Days Payable (A: Oct. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Oct. 2022 )	+	Accounts Payable (A: Oct. 2023 ))	/	count )	/	Cost of Goods Sold (A: Oct. 2023 )	*	Days in Period
=	( (0.162	+	0.49)	/	2 )	/	0.012	*	365
=	0.326					/	0.012	*	365
=	9,915.83

Silver Bull Resources's Days Payable for the quarter that ended in Jan. 2024 is calculated as:

	Days Payable (Q: Jan. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Oct. 2023 )	+	Accounts Payable (Q: Jan. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jan. 2024 )	*	Days in Period
=	( (0.49	+	0.078)	/	2 )	/	0.002	*	365 / 4
=	0.284					/	0.002	*	365 / 4
=	12,957.50

Silver Bull Resources Days Payable Related Terms

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Silver Bull Resources (FRA:LZ61) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Silver Bull Resources Inc (FRA:LZ61) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

SVBL:USA SVB:Canada

Address

777 Dunsmuir Street, Suite 1605, Vancouver, BC, CAN, V7Y 1G6

Website

https://www.silverbullresources.com

Silver Bull Resources Inc is an exploration stage company engaged in acquiring and developing mineral properties. The company holds interests in various property concessions in Mexico within a mining district known as the Sierra Mojada District. The main project of the company is the Sierra Mojada Project. Its geographical segments are Mexico, Canada, and Kazakhstan.

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