Infinito Gold (Infinito Gold) Days Payable : 1,268.38 (As of Dec. 2014)

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What is Infinito Gold Days Payable?

Infinito Gold's average Accounts Payable for the three months ended in Dec. 2014 was $0.07 Mil. Infinito Gold's Cost of Goods Sold for the three months ended in Dec. 2014 was $0.01 Mil. Hence, Infinito Gold's Days Payable for the three months ended in Dec. 2014 was 1,268.38.

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

IGFFF's Days Payable is not ranked ^*
in the Metals & Mining industry.
Industry Median: 139.86
* Ranked among companies with meaningful Days Payable only.

Infinito Gold's Days Payable declined from Dec. 2013 (2,977.03) to Dec. 2014 (1,268.38). It may suggest that Infinito Gold accelerated paying its suppliers.

Infinito Gold Days Payable Historical Data

The historical data trend for Infinito 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.

Infinito Gold Days Payable Chart

Infinito Gold Annual Data

Trend

Mar05

Mar06

Mar07

Mar08

Mar09

Mar10

Mar11

Mar12

Mar13

Mar14

Days Payable

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20,771.82

133,225.00

8,262.27

4,927.50

Infinito Gold Quarterly Data
	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14
Days Payable	Get a 7-Day Free Trial															2,977.03	10,904.38	1,585.47	368.97	1,268.38

Competitive Comparison of Infinito Gold's Days Payable

For the Other Industrial Metals & Mining subindustry, Infinito 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.

Infinito Gold's Days Payable Distribution in the Metals & Mining Industry

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

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

Infinito 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.

Infinito Gold's Days Payable for the fiscal year that ended in Mar. 2014 is calculated as

	Days Payable (A: Mar. 2014 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2013 )	+	Accounts Payable (A: Mar. 2014 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2014 )	*	Days in Period
=	( (0.199	+	0.044)	/	2 )	/	0.009	*	365
=	0.1215					/	0.009	*	365
=	4,927.50

Infinito Gold's Days Payable for the quarter that ended in Dec. 2014 is calculated as:

	Days Payable (Q: Dec. 2014 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2014 )	+	Accounts Payable (Q: Dec. 2014 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2014 )	*	Days in Period
=	( (0.091	+	0.048)	/	2 )	/	0.005	*	365 / 4
=	0.0695					/	0.005	*	365 / 4
=	1,268.38

Infinito Gold Days Payable Related Terms

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Infinito Gold (Infinito Gold) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Infinito Gold Ltd (OTCPK:IGFFF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

1100 1st Street, Suite 600, Calgary, AB, CAN, T2G 1B1

Website

http://www.infinitogold.com

Infinito Gold Ltd is a Canadian based company, engaged in the exploration and development activity. The business activity of the group includes acquisition, exploration, and development of mineral interests primarily in Costa Rica. The company primarily explores for gold and holds an interest in the activity of the Crucitas project located in Northern Costa Rica.

Infinito Gold (Infinito Gold) Headlines

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