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

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What is Resource Capital Gold Days Payable?

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: 135.555
* 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

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.

* Premium members only.

Resource Capital Gold Days Payable Chart

Resource Capital Gold Annual Data

Trend

Apr09

Apr10

Jun11

Jun12

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Days Payable

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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															154,303.75	-	-	-	210,970.00

Competitive Comparison of Resource Capital Gold's Days Payable

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's Days Payable Distribution in the 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

Resource Capital Gold Days Payable Related Terms

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Resource Capital Gold (Resource Capital Gold) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Resource Capital Gold Corp (OTCPK:GDPEF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

666 Burrard Street, Suite 500, Vancouver, BC, CAN, V6C 3P6

Website

http://www.rcgcorp.ca

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.

Resource Capital Gold (Resource Capital Gold) Headlines

From GuruFocus

Resource Capital Gold Closes Second Tranche of Non-Brokered Financing

By GlobeNewswire GlobeNewswire • 03-16-2018

Resource Capital Gold Corp Announces Filing For Stay Of Proceedings On Creditors

By GlobeNewswire GlobeNewswire • 01-30-2019

Resource Capital Gold: Board of Director Resignation

By GlobeNewswire GlobeNewswire • 11-03-2018