GUYGF (G2 Goldfields) Days Payable : 0.00 (As of Nov. 2024)

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What is G2 Goldfields Days Payable?

G2 Goldfields's average Accounts Payable for the three months ended in Nov. 2024 was $3.40 Mil. G2 Goldfields's Cost of Goods Sold for the three months ended in Nov. 2024 was $0.00 Mil.

The historical rank and industry rank for G2 Goldfields's Days Payable or its related term are showing as below:

GUYGF' s Days Payable Range Over the Past 10 Years
Min: 5713.65 Med: 9187.57 Max: 88434.29
Current: 88434.29

During the past 13 years, G2 Goldfields's highest Days Payable was 88434.29. The lowest was 5713.65. And the median was 9187.57.

GUYGF's Days Payable is ranked better than
98.17% of 1040 companies
in the Metals & Mining industry
Industry Median: 131.845 vs GUYGF: 88434.29

G2 Goldfields's Days Payable declined from Nov. 2023 (76,832.50) to Nov. 2024 (0.00). It may suggest that G2 Goldfields accelerated paying its suppliers.

G2 Goldfields Days Payable Historical Data

The historical data trend for G2 Goldfields'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.

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G2 Goldfields Days Payable Chart

G2 Goldfields Annual Data

Trend

May15

May16

May17

May18

May19

May20

May21

May22

May23

May24

Days Payable

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9,365.90

5,328.21

5,944.94

21,180.14

58,473.00

G2 Goldfields Quarterly Data
	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24	Nov24
Days Payable	Get a 7-Day Free Trial															76,832.50	57,837.29	43,514.84	46,884.25	-

Competitive Comparison of G2 Goldfields's Days Payable

For the Gold subindustry, G2 Goldfields'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.

G2 Goldfields's Days Payable Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, G2 Goldfields's Days Payable distribution charts can be found below:

* The bar in red indicates where G2 Goldfields's Days Payable falls into.

G2 Goldfields 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.

G2 Goldfields's Days Payable for the fiscal year that ended in May. 2024 is calculated as

	Days Payable (A: May. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: May. 2023 )	+	Accounts Payable (A: May. 2024 ))	/	count )	/	Cost of Goods Sold (A: May. 2024 )	*	Days in Period
=	( (1.443	+	1.761)	/	2 )	/	0.01	*	365
=	1.602					/	0.01	*	365
=	58,473.00

G2 Goldfields's Days Payable for the quarter that ended in Nov. 2024 is calculated as:

	Days Payable (Q: Nov. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Aug. 2024 )	+	Accounts Payable (Q: Nov. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Nov. 2024 )	*	Days in Period
=	( (3.377	+	3.415)	/	2 )	/	0	*	365 / 4
=	3.396					/	0	*	365 / 4
=	N/A

G2 Goldfields Days Payable Related Terms

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G2 Goldfields Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » G2 Goldfields Inc (OTCPK:GUYGF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

GTWO:Canada

Address

141 Adelaide Street West, Suite 1101, Toronto, ON, CAN, M5H 3L5

Website

https://www.g2goldfields.com

G2 Goldfields Inc is a Canada-based company engaged in the business of acquiring and exploring mineral properties. The company's project portfolio includes Sandy Lake Gold Project in Canada, Aremu / Oko Gold Project in Guyana, and Peters Mine in Guyana.