Northern Superior Resources (Northern Superior Resources) Days Payable : 14,554.38 (As of Sep. 2023)

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What is Northern Superior Resources Days Payable?

Northern Superior Resources's average Accounts Payable for the three months ended in Sep. 2023 was $0.16 Mil. Northern Superior Resources's Cost of Goods Sold for the three months ended in Sep. 2023 was $0.00 Mil. Hence, Northern Superior Resources's Days Payable for the three months ended in Sep. 2023 was 14,554.38.

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

NSUPF' s Days Payable Range Over the Past 10 Years
Min: 10459.44 Med: 24917.48 Max: 36831.82
Current: 10459.44

During the past 13 years, Northern Superior Resources's highest Days Payable was 36831.82. The lowest was 10459.44. And the median was 24917.48.

NSUPF's Days Payable is ranked better than
88.58% of 1068 companies
in the Metals & Mining industry
Industry Median: 129.525 vs NSUPF: 10459.44

Northern Superior Resources's Days Payable increased from Sep. 2022 (14,257.81) to Sep. 2023 (14,554.38). It may suggest that Northern Superior Resources delayed paying its suppliers.

Northern Superior Resources Days Payable Historical Data

The historical data trend for Northern Superior 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.

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Northern Superior Resources Days Payable Chart

Northern Superior Resources Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

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37,503.75

Northern Superior Resources Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Payable	Get a 7-Day Free Trial															14,257.81	15,246.35	13,748.33	4,189.90	14,554.38

Competitive Comparison of Northern Superior Resources's Days Payable

For the Gold subindustry, Northern Superior 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.

Northern Superior Resources's Days Payable Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Northern Superior Resources's Days Payable falls into.

Northern Superior 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.

Northern Superior Resources's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (0.162	+	1.482)	/	2 )	/	0.008	*	365
=	0.822					/	0.008	*	365
=	37,503.75

Northern Superior Resources's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

	Days Payable (Q: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (0.225	+	0.094)	/	2 )	/	0.001	*	365 / 4
=	0.1595					/	0.001	*	365 / 4
=	14,554.38

Northern Superior Resources Days Payable Related Terms

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Northern Superior Resources (Northern Superior Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Northern Superior Resources Inc (OTCPK:NSUPF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

SUP:Canada

Address

1351C Kelly Lake Road, Unit 7, Sudbury, ON, CAN, P3E 5P5

Website

https://www.nsuperior.com

Northern Superior Resources Inc is an exploration-stage junior mining company. It is engaged in the identification, acquisition, evaluation, and exploration of gold properties in Ontario and Quebec. It currently operates in a single segment, being the mining business in Canada and all its resource properties and equipment are situated in Canada. Its properties include TI-PA-HAA-KAA-NING (TPK) Gold/Silver/Copper Property, Croteau Est Gold Property, Lac Surprise Gold Property and many more.