Gabriel Resources (Gabriel Resources) Days Payable : 13,687.50 (As of Dec. 2023)

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What is Gabriel Resources Days Payable?

Gabriel Resources's average Accounts Payable for the three months ended in Dec. 2023 was $0.15 Mil. Gabriel Resources's Cost of Goods Sold for the three months ended in Dec. 2023 was $0.00 Mil. Hence, Gabriel Resources's Days Payable for the three months ended in Dec. 2023 was 13,687.50.

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

GBRRF' s Days Payable Range Over the Past 10 Years
Min: 611.43 Med: 1846.84 Max: 95729.55
Current: 44676

During the past 13 years, Gabriel Resources's highest Days Payable was 95729.55. The lowest was 611.43. And the median was 1846.84.

GBRRF's Days Payable is ranked better than
96.91% of 1068 companies
in the Metals & Mining industry
Industry Median: 131.36 vs GBRRF: 44676.00

Gabriel Resources's Days Payable declined from Dec. 2022 (48,499.38) to Dec. 2023 (13,687.50). It may suggest that Gabriel Resources accelerated paying its suppliers.

Gabriel Resources Days Payable Historical Data

The historical data trend for Gabriel 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.

Gabriel Resources Days Payable Chart

Gabriel Resources Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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827.03

1,326.17

32,637.08

83,514.03

96,930.31

Gabriel Resources Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															48,499.38	103,044.06	12,866.25	6,570.00	13,687.50

Competitive Comparison of Gabriel Resources's Days Payable

For the Other Precious Metals & Mining subindustry, Gabriel 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.

Gabriel Resources's Days Payable Distribution in the Metals & Mining Industry

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

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

Gabriel 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.

Gabriel Resources'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
=	( (4.095	+	0.154)	/	2 )	/	0.008	*	365
=	2.1245					/	0.008	*	365
=	96,930.31

Gabriel Resources'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
=	( (0.146	+	0.154)	/	2 )	/	0.001	*	365 / 4
=	0.15					/	0.001	*	365 / 4
=	13,687.50

Gabriel Resources Days Payable Related Terms

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Gabriel Resources (Gabriel Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Gabriel Resources Ltd (OTCPK:GBRRF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

GRZ:Germany GBU:Canada

Address

C/o RM Gold (Services) Ltd., 25 Southampton Buildings, London, GBR, WC2A 1AL

Website

https://www.gabrielresources.com

Gabriel Resources Ltd is a Canadian-based resource company. It is engaged in the exploration, evaluation, and development of precious metal mining projects located in Romania. The company holds an interest in the Rosia Montana and Bucium projects. It operates in two segments: Romania and the Corporate segment.