NATUF (North American Tungsten) Days Payable: 36.61 (As of Jun. 2015)


What is North American Tungsten Days Payable?

North American Tungsten NATUF -90.00% Days Payable is 36.61 as of Jun. 2015.

North American Tungsten's average Accounts Payable for the three months ended in Jun. 2015 was $6.51 Mil. North American Tungsten's Cost of Goods Sold for the three months ended in Jun. 2015 was $16.22 Mil. Hence, North American Tungsten's Days Payable for the three months ended in Jun. 2015 was 36.61.

The historical rank and industry rank for North American Tungsten's Days Payable or its related term are showing as below:

NATUF's Days Payable is not ranked *
in the Metals & Mining industry.
Industry Median: 126.51
* Ranked among companies with meaningful Days Payable only.

North American Tungsten's Days Payable increased from Jun. 2014 (32.07) to Jun. 2015 (36.61). It may suggest that North American Tungsten delayed paying its suppliers.

North American Tungsten Days Payable Historical Data

* Premium members only.

The historical data trend for North American Tungsten'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.

North American Tungsten Days Payable Chart

North American Tungsten Annual Data
Trend Sep05 Sep06 Sep07 Sep08 Sep09 Sep10 Sep11 Sep12 Sep13 Sep14
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 151.86 134.82 64.82 46.78 44.55

North American Tungsten Quarterly Data
Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15
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 32.07 46.20 64.34 47.18 36.61

North American Tungsten Days Payable Competitor Comparison

For the Other Industrial Metals & Mining subindustry, North American Tungsten'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.

North American Tungsten Days Payable vs Metals & Mining Industry

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

* The bar in red indicates where North American Tungsten's Days Payable falls into.


North American Tungsten 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.

North American Tungsten's Days Payable for the fiscal year that ended in Sep. 2014 is calculated as

Days Payable (A: Sep. 2014 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Sep. 2013 ) + Accounts Payable (A: Sep. 2014 )) / count ) / Cost of Goods Sold (A: Sep. 2014 )*Days in Period
=( (8.98 + 8.776) / 2 ) / 72.734*365
=8.878 / 72.734*365
=44.55

North American Tungsten's Days Payable for the quarter that ended in Jun. 2015 is calculated as:

Days Payable (Q: Jun. 2015 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2015 ) + Accounts Payable (Q: Jun. 2015 )) / count ) / Cost of Goods Sold (Q: Jun. 2015 )*Days in Period
=( (5.83 + 7.18) / 2 ) / 16.215*365 / 4
=6.505 / 16.215*365 / 4
=36.61

* 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 36.61 mean?
North American Tungsten (NATUF) has a Days Payable of 36.61 as of Jun. 2015. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on North American Tungsten and its competitors.
Is North American Tungsten's Days Payable too high?
North American Tungsten's current Days Payable is 36.61. The Metals & Mining industry median Days Payable is 126.51. North American Tungsten's value of 36.61 is 71.1% below this industry median.
How does North American Tungsten's Days Payable compare to competitors?
North American Tungsten's Days Payable of 36.61 can be compared against companies in the Metals & Mining industry. The industry median Days Payable is 126.51. North American Tungsten's value of 36.61 is 71.1% below 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 126.51, based on 1,061 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. North American Tungsten's current Days Payable of 36.61 is 71.1% below 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 North American Tungsten and its competitors. For the Metals & Mining industry, the median Days Payable is 126.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. North American Tungsten's current Days Payable is 36.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is North American Tungsten stock overvalued right now?
North American Tungsten (NATUF) has a current Days Payable of 36.61. The current Days Payable is 36.61 and 71.1% below the Metals & Mining industry median of 126.51. 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 North American Tungsten (NATUF), the current Days Payable is 36.61 as of Jun. 2015. 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.

North American Tungsten Business Description

Address 1188 West Georgia Street, Suite 1640, Vancouver, BC, CAN, V6E 4A2
North American Tungsten Corp Ltd is a Canadian based exploration and development company. It is engaged in the exploration, development, and operation of mineral properties. The company produces, processes, and sells tungsten concentrate. Its project portfolio includes Cantung mine site and Mactung deposit projects.