PAAS (Pan American Silver) Days Payable : 30.64 (As of Sep. 2024)

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What is Pan American Silver Days Payable?

Pan American Silver's average Accounts Payable for the three months ended in Sep. 2024 was $184 Mil. Pan American Silver's Cost of Goods Sold for the three months ended in Sep. 2024 was $548 Mil. Hence, Pan American Silver's Days Payable for the three months ended in Sep. 2024 was 30.64.

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

PAAS' s Days Payable Range Over the Past 10 Years
Min: 19.15 Med: 25.1 Max: 31.82
Current: 30.22

During the past 13 years, Pan American Silver's highest Days Payable was 31.82. The lowest was 19.15. And the median was 25.10.

PAAS's Days Payable is ranked worse than
85.6% of 1042 companies
in the Metals & Mining industry
Industry Median: 129.5 vs PAAS: 30.22

Pan American Silver's Days Payable declined from Sep. 2023 (31.38) to Sep. 2024 (30.64). It may suggest that Pan American Silver accelerated paying its suppliers.

Pan American Silver Days Payable Historical Data

The historical data trend for Pan American Silver'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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Pan American Silver Days Payable Chart

Pan American Silver Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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18.98

24.86

22.20

20.35

24.92

Pan American Silver Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Payable	Get a 7-Day Free Trial															31.38	28.96	32.53	29.97	30.64

Competitive Comparison of Pan American Silver's Days Payable

For the Gold subindustry, Pan American Silver'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.

Pan American Silver's Days Payable Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Pan American Silver's Days Payable falls into.

Pan American Silver 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.

Pan American Silver'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
=	( (88.8	+	198.2)	/	2 )	/	2101.5	*	365
=	143.5					/	2101.5	*	365
=	24.92

Pan American Silver's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

	Days Payable (Q: Sep. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2024 )	+	Accounts Payable (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (193.6	+	174.3)	/	2 )	/	547.8	*	365 / 4
=	183.95					/	547.8	*	365 / 4
=	30.64

Pan American Silver Days Payable Related Terms

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Pan American Silver Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Pan American Silver Corp (NYSE:PAAS) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

0R07:UK PA2:Germany PA2:Germany PA2:Germany PAAS:Canada PAAS:Argentina

Address

733SeymourStreet, Suite 2100, Vancouver, BC, CAN, V6B0S6

Website

https://www.panamericansilver.com

Pan American Silver Corp is a mining company principally engaged in the operation and development of, and exploration for, silver and gold-producing properties and assets. The company's principal products are silver and gold, although it also produces and sells zinc, lead, and copper. Its operating mines comprise La Colorada, Dolores, Huaron, Morococha, Shahuindo, La Arena, Timmins West, Bell Creek, Manantial Espejo, and San Vicente mines.