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Lundin Mining (OSTO:LUMI SDB R) Days Payable : 44.33 (As of Mar. 2025)


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What is Lundin Mining Days Payable?

Lundin Mining's average Accounts Payable for the three months ended in Mar. 2025 was kr3,224 Mil. Lundin Mining's Cost of Goods Sold for the three months ended in Mar. 2025 was kr6,636 Mil. Hence, Lundin Mining's Days Payable for the three months ended in Mar. 2025 was 44.33.

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

OSTO:LUMI SDB R' s Days Payable Range Over the Past 10 Years
Min: 28.59   Med: 40.88   Max: 60.82
Current: 41.86

During the past 13 years, Lundin Mining's highest Days Payable was 60.82. The lowest was 28.59. And the median was 40.88.

OSTO:LUMI SDB R's Days Payable is ranked worse than
77.57% of 1012 companies
in the Metals & Mining industry
Industry Median: 126.99 vs OSTO:LUMI SDB R: 41.86

Lundin Mining's Days Payable declined from Mar. 2024 (57.87) to Mar. 2025 (44.33). It may suggest that Lundin Mining accelerated paying its suppliers.


Lundin Mining Days Payable Historical Data

The historical data trend for Lundin 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.

Lundin Mining Days Payable Chart

Lundin Mining Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 40.03 29.39 39.30 60.79 48.97

Lundin Mining Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 57.87 41.68 40.05 41.12 44.33

Competitive Comparison of Lundin Mining's Days Payable

For the Copper subindustry, Lundin 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.


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

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

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


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Lundin 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.

Lundin Mining's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

Days Payable (A: Dec. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2023 ) + Accounts Payable (A: Dec. 2024 )) / count ) / Cost of Goods Sold (A: Dec. 2024 )*Days in Period
=( (4039.74 + 3270.092) / 2 ) / 27239.955*365
=3654.916 / 27239.955*365
=48.97

Lundin Mining's Days Payable for the quarter that ended in Mar. 2025 is calculated as:

Days Payable (Q: Mar. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2024 ) + Accounts Payable (Q: Mar. 2025 )) / count ) / Cost of Goods Sold (Q: Mar. 2025 )*Days in Period
=( (3270.092 + 3177.94) / 2 ) / 6636.376*365 / 4
=3224.016 / 6636.376*365 / 4
=44.33

* 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.


Lundin Mining Days Payable Related Terms

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Lundin Mining Business Description

Address
1055 Dunsmuir Street, Suite 2800, Vancouver, BC, CAN, V7X 1L2
Lundin Mining Corp is a diversified Canadian base metals mining company with operations in Brazil, Chile, Portugal, Sweden, and the United States of America, producing copper, zinc, gold, and nickel. Its material mineral properties include Candelaria, Chapada, Eagle, Zinkgruvanand, Caserones, Neves-Corvo. The majority of the revenue is from Copper.

Lundin Mining Headlines

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