K92 Mining (K92 Mining) Days Payable : 33.74 (As of Dec. 2023)

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What is K92 Mining Days Payable?

K92 Mining's average Accounts Payable for the three months ended in Dec. 2023 was $13.3 Mil. K92 Mining's Cost of Goods Sold for the three months ended in Dec. 2023 was $35.9 Mil. Hence, K92 Mining's Days Payable for the three months ended in Dec. 2023 was 33.74.

The historical rank and industry rank for K92 Mining's Days Payable or its related term are showing as below:

KNTNF' s Days Payable Range Over the Past 10 Years
Min: 27.8 Med: 39.03 Max: 70.21
Current: 36.65

During the past 13 years, K92 Mining's highest Days Payable was 70.21. The lowest was 27.80. And the median was 39.03.

KNTNF's Days Payable is ranked worse than
80.99% of 1068 companies
in the Metals & Mining industry
Industry Median: 129.525 vs KNTNF: 36.65

K92 Mining's Days Payable declined from Dec. 2022 (36.58) to Dec. 2023 (33.74). It may suggest that K92 Mining accelerated paying its suppliers.

K92 Mining Days Payable Historical Data

The historical data trend for K92 Mining'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.

K92 Mining Days Payable Chart

K92 Mining Annual Data

Trend

Aug14

Aug15

Aug16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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33.12

27.57

38.65

40.47

41.41

K92 Mining Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															36.58	31.95	27.75	51.72	33.74

Competitive Comparison of K92 Mining's Days Payable

For the Gold subindustry, K92 Mining'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.

K92 Mining's Days Payable Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, K92 Mining's Days Payable distribution charts can be found below:

* The bar in red indicates where K92 Mining's Days Payable falls into.

K92 Mining 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.

K92 Mining's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (11.542	+	13.735)	/	2 )	/	111.388	*	365
=	12.6385					/	111.388	*	365
=	41.41

K92 Mining's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (12.843	+	13.735)	/	2 )	/	35.939	*	365 / 4
=	13.289					/	35.939	*	365 / 4
=	33.74

K92 Mining Days Payable Related Terms

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