GDPEF (Resource Capital Gold) Days Payable: 210,970.00 (As of Sep. 2018)


What is Resource Capital Gold Days Payable?

Resource Capital Gold GDPEF -99.00% Days Payable is 210,970.00 as of Sep. 2018.

Resource Capital Gold's average Accounts Payable for the three months ended in Sep. 2018 was $4.62 Mil. Resource Capital Gold's Cost of Goods Sold for the three months ended in Sep. 2018 was $0.00 Mil. Hence, Resource Capital Gold's Days Payable for the three months ended in Sep. 2018 was 210,970.00.

The historical rank and industry rank for Resource Capital Gold's Days Payable or its related term are showing as below:

GDPEF's Days Payable is not ranked *
in the Metals & Mining industry.
Industry Median: 126.51
* Ranked among companies with meaningful Days Payable only.

Resource Capital Gold's Days Payable increased from Sep. 2017 (154,303.75) to Sep. 2018 (210,970.00). It may suggest that Resource Capital Gold delayed paying its suppliers.

Resource Capital Gold Days Payable Historical Data

* Premium members only.

The historical data trend for Resource Capital Gold'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.

Resource Capital Gold Days Payable Chart

Resource Capital Gold Annual Data
Trend Apr09 Apr10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4,270.50 10,585.00 18,592.19 182,226.25 226,665.00

Resource Capital Gold Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
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 154,303.75 0.00 0.00 0.00 210,970.00

Resource Capital Gold Days Payable Competitor Comparison

For the Other Precious Metals & Mining subindustry, Resource Capital Gold'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.

Resource Capital Gold Days Payable vs Metals & Mining Industry

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

* The bar in red indicates where Resource Capital Gold's Days Payable falls into.


Resource Capital Gold 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.

Resource Capital Gold's Days Payable for the fiscal year that ended in Jun. 2018 is calculated as

Days Payable (A: Jun. 2018 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jun. 2017 ) + Accounts Payable (A: Jun. 2018 )) / count ) / Cost of Goods Sold (A: Jun. 2018 )*Days in Period
=( (1.598 + 4.612) / 2 ) / 0.005*365
=3.105 / 0.005*365
=226,665.00

Resource Capital Gold's Days Payable for the quarter that ended in Sep. 2018 is calculated as:

Days Payable (Q: Sep. 2018 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2018 ) + Accounts Payable (Q: Sep. 2018 )) / count ) / Cost of Goods Sold (Q: Sep. 2018 )*Days in Period
=( (4.612 + 4.636) / 2 ) / 0.002*365 / 4
=4.624 / 0.002*365 / 4
=210,970.00

* 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 210,970.00 mean?
Resource Capital Gold (GDPEF) has a Days Payable of 210,970.00 as of Sep. 2018. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Resource Capital Gold and its competitors.
Is Resource Capital Gold's Days Payable too high?
Resource Capital Gold's current Days Payable is 210,970.00. The Metals & Mining industry median Days Payable is 126.51. Resource Capital Gold's value of 210,970.00 is 166661.5% above this industry median.
How does Resource Capital Gold's Days Payable compare to competitors?
Resource Capital Gold's Days Payable of 210,970.00 can be compared against companies in the Metals & Mining industry. The industry median Days Payable is 126.51. Resource Capital Gold's value of 210,970.00 is 166661.5% 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 126.51, based on 1,061 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. Resource Capital Gold's current Days Payable of 210,970.00 is 166661.5% 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 Resource Capital Gold and its competitors. For the Metals & Mining industry, the median Days Payable is 126.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Resource Capital Gold's current Days Payable is 210,970.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Resource Capital Gold stock overvalued right now?
Resource Capital Gold (GDPEF) has a current Days Payable of 210,970.00. The current Days Payable is 210,970.00 and 166661.5% above the Metals & Mining industry median of 126.51. 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 Resource Capital Gold (GDPEF), the current Days Payable is 210,970.00 as of Sep. 2018. 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.

Resource Capital Gold Business Description

Address 666 Burrard Street, Suite 500, Vancouver, BC, CAN, V6C 3P6
Resource Capital Gold Corp is a precious-metals developer and producer. The company has the pipeline of late-stage exploration, development and producing gold-silver assets in North America. The company is currently focusing on Dufferin Gold Mine and mill in Nova Scotia. It is also advancing the Corcoran Canyon, Tangier and Forest Hill gold-silver projects. Its mineral operations are located in Canada and the United States of America.