HHSRF (Hi Ho Silver Resources) Days Payable: 2,926.52 (As of Apr. 2021)


What is Hi Ho Silver Resources Days Payable?

Hi Ho Silver Resources HHSRF -99.75% Days Payable is 2,926.52 as of Apr. 2021.

Hi Ho Silver Resources's average Accounts Payable for the three months ended in Apr. 2021 was $0.22 Mil. Hi Ho Silver Resources's Cost of Goods Sold for the three months ended in Apr. 2021 was $0.01 Mil. Hence, Hi Ho Silver Resources's Days Payable for the three months ended in Apr. 2021 was 2,926.52.

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

HHSRF's Days Payable is not ranked *
in the Metals & Mining industry.
Industry Median: 127.62
* Ranked among companies with meaningful Days Payable only.

Hi Ho Silver Resources's Days Payable declined from Apr. 2020 (5,012.23) to Apr. 2021 (2,926.52). It may suggest that Hi Ho Silver Resources accelerated paying its suppliers.

Hi Ho Silver Resources Days Payable Historical Data

* Premium members only.

The historical data trend for Hi Ho Silver 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.

Hi Ho Silver Resources Days Payable Chart

Hi Ho Silver Resources Annual Data
Trend Jul11 Jul12 Jul13 Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 54,202.50 85,957.50 188,522.50 23,073.21 4,812.59

Hi Ho Silver Resources Quarterly Data
Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21
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 5,012.23 5,566.25 2,572.11 3,285.00 2,926.52

Hi Ho Silver Resources Days Payable Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Hi Ho Silver 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.

Hi Ho Silver Resources Days Payable vs Metals & Mining Industry

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

* The bar in red indicates where Hi Ho Silver Resources's Days Payable falls into.


Hi Ho Silver 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.

Hi Ho Silver Resources's Days Payable for the fiscal year that ended in Jul. 2020 is calculated as

Days Payable (A: Jul. 2020 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jul. 2019 ) + Accounts Payable (A: Jul. 2020 )) / count ) / Cost of Goods Sold (A: Jul. 2020 )*Days in Period
=( (0.486 + 0.226) / 2 ) / 0.027*365
=0.356 / 0.027*365
=4,812.59

Hi Ho Silver Resources's Days Payable for the quarter that ended in Apr. 2021 is calculated as:

Days Payable (Q: Apr. 2021 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jan. 2021 ) + Accounts Payable (Q: Apr. 2021 )) / count ) / Cost of Goods Sold (Q: Apr. 2021 )*Days in Period
=( (0.279 + 0.17) / 2 ) / 0.007*365 / 4
=0.2245 / 0.007*365 / 4
=2,926.52

* 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 2,926.52 mean?
Hi Ho Silver Resources (HHSRF) has a Days Payable of 2,926.52 as of Apr. 2021. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Hi Ho Silver Resources and its competitors.
Is Hi Ho Silver Resources' Days Payable too high?
Hi Ho Silver Resources' current Days Payable is 2,926.52. The Metals & Mining industry median Days Payable is 127.62. Hi Ho Silver Resources' value of 2,926.52 is 2193.2% above this industry median.
How does Hi Ho Silver Resources' Days Payable compare to competitors?
Hi Ho Silver Resources' Days Payable of 2,926.52 can be compared against companies in the Metals & Mining industry. The industry median Days Payable is 127.62. Hi Ho Silver Resources' value of 2,926.52 is 2193.2% 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 127.62, based on 1,064 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. Hi Ho Silver Resources's current Days Payable of 2,926.52 is 2193.2% 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 Hi Ho Silver Resources and its competitors. For the Metals & Mining industry, the median Days Payable is 127.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hi Ho Silver Resources's current Days Payable is 2,926.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hi Ho Silver Resources stock overvalued right now?
Hi Ho Silver Resources (HHSRF) has a current Days Payable of 2,926.52. The current Days Payable is 2,926.52 and 2193.2% above the Metals & Mining industry median of 127.62. 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 Hi Ho Silver Resources (HHSRF), the current Days Payable is 2,926.52 as of Apr. 2021. 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.

Hi Ho Silver Resources Business Description

Address Maple Ridge Square, P.O. Box 21199, Maple Ridge, BC, CAN, V2X 1P7
Hi Ho Silver Resources Inc is a Canadian based exploration company. It is engaged in the acquisition and exploration of mineral properties in British Columbia, Newfoundland, Labrador, and California. The company holds an interest in Norbeau Gold Property, Fairview South Okanagan Property, and Illite Clay project.