Stelmine Canada (FRA:SS5) Days Payable: 7,140.31 (As of Apr. 2024)


What is Stelmine Canada Days Payable?

Stelmine Canada FRA:SS5 Days Payable is 7,140.31 as of Apr. 2024.

Stelmine Canada's average Accounts Payable for the three months ended in Apr. 2024 was €0.31 Mil. Stelmine Canada's Cost of Goods Sold for the three months ended in Apr. 2024 was €0.00 Mil. Hence, Stelmine Canada's Days Payable for the three months ended in Apr. 2024 was 7,140.31.

The historical rank and industry rank for Stelmine Canada's Days Payable or its related term are showing as below:

FRA:SS5's Days Payable is not ranked *
in the Metals & Mining industry.
Industry Median: 127.26
* Ranked among companies with meaningful Days Payable only.

Stelmine Canada's Days Payable declined from Apr. 2023 (36,545.63) to Apr. 2024 (7,140.31). It may suggest that Stelmine Canada accelerated paying its suppliers.

Stelmine Canada Days Payable Historical Data

* Premium members only.

The historical data trend for Stelmine Canada'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.

Stelmine Canada Days Payable Chart

Stelmine Canada Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10,037.50 8,942.50 34,492.50 89,698.75 42,668.50

Stelmine Canada Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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 36,545.63 10,934.79 9,204.84 8,942.50 7,140.31

FRA:SS5 vs NRHI, ENRT, SNTAF: Days Payable Comparison

For the Other Industrial Metals & Mining subindustry, Stelmine Canada'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.

Stelmine Canada Days Payable vs Metals & Mining Industry

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

* The bar in red indicates where Stelmine Canada's Days Payable falls into.


Stelmine Canada 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.

Stelmine Canada's Days Payable for the fiscal year that ended in Jul. 2023 is calculated as

Days Payable (A: Jul. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jul. 2022 ) + Accounts Payable (A: Jul. 2023 )) / count ) / Cost of Goods Sold (A: Jul. 2023 )*Days in Period
=( (0.819 + 0.35) / 2 ) / 0.005*365
=0.5845 / 0.005*365
=42,668.50

Stelmine Canada's Days Payable for the quarter that ended in Apr. 2024 is calculated as:

Days Payable (Q: Apr. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jan. 2024 ) + Accounts Payable (Q: Apr. 2024 )) / count ) / Cost of Goods Sold (Q: Apr. 2024 )*Days in Period
=( (0.327 + 0.299) / 2 ) / 0.004*365 / 4
=0.313 / 0.004*365 / 4
=7,140.31

* 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 7,140.31 mean?
Stelmine Canada (FRA:SS5) has a Days Payable of 7,140.31 as of Apr. 2024. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Stelmine Canada and its competitors.
Is Stelmine Canada's Days Payable too high?
Stelmine Canada's current Days Payable is 7,140.31. The Metals & Mining industry median Days Payable is 127.26. Stelmine Canada's value of 7,140.31 is 5510.8% above this industry median.
How does Stelmine Canada's Days Payable compare to NRHI and ENRT?
Stelmine Canada's Days Payable of 7,140.31 can be compared against companies in the Metals & Mining industry. The industry median Days Payable is 127.26. Stelmine Canada's value of 7,140.31 is 5510.8% above 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. Stelmine Canada's current Days Payable of 7,140.31 is 5510.8% above 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 Stelmine Canada 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. Stelmine Canada's current Days Payable is 7,140.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Stelmine Canada stock overvalued right now?
Stelmine Canada (FRA:SS5) has a current Days Payable of 7,140.31. The current Days Payable is 7,140.31 and 5510.8% above 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 Stelmine Canada (FRA:SS5), the current Days Payable is 7,140.31 as of Apr. 2024. 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.

Stelmine Canada Business Description

Address 8255 Boulevard Henri-Bourassa, Bureau 230, Quebec, QC, CAN, G1G 4C8
Stelmine Canada Ltd is a Canadian mineral exploration company. It is engaged in the acquisition, exploration, production, and development of mining properties in Quebec. Its asset portfolio includes Courcy Property, Mercator Property, Joubert Property, Nouvelles property, Ilnu property, and Trieste Property.