GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Premium Resources Ltd (OTCPK:PRMLF) » Definitions » Days Payable

PRMLF (Premium Resources) Days Payable : 580.86 (As of Dec. 2024)


View and export this data going back to 2022. Start your Free Trial

What is Premium Resources Days Payable?

Premium Resources's average Accounts Payable for the three months ended in Dec. 2024 was $2.20 Mil. Premium Resources's Cost of Goods Sold for the three months ended in Dec. 2024 was $0.35 Mil. Hence, Premium Resources's Days Payable for the three months ended in Dec. 2024 was 580.86.

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

PRMLF' s Days Payable Range Over the Past 10 Years
Min: 562.85   Med: 4389.35   Max: 15121.43
Current: 769.9

During the past 6 years, Premium Resources's highest Days Payable was 15121.43. The lowest was 562.85. And the median was 4389.35.

PRMLF's Days Payable is ranked better than
64.91% of 1026 companies
in the Metals & Mining industry
Industry Median: 131.835 vs PRMLF: 769.90

Premium Resources's Days Payable increased from Dec. 2023 (396.19) to Dec. 2024 (580.86). It may suggest that Premium Resources delayed paying its suppliers.

Premium Resources Days Payable Historical Data

The historical data trend for Premium 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.

* Premium members only.

Premium Resources Days Payable Chart

Premium Resources Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Payable
Get a 7-Day Free Trial 16,498.00 - 7,364.26 1,470.19 579.73

Premium Resources Quarterly Data
Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 396.19 2,244.03 677.28 818.64 580.86

Competitive Comparison of Premium Resources's Days Payable

For the Other Industrial Metals & Mining subindustry, Premium 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.

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

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

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


;
;

Premium 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.

Premium Resources'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
=( (1.776 + 1.75) / 2 ) / 1.11*365
=1.763 / 1.11*365
=579.73

Premium Resources's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

Days Payable (Q: Dec. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2024 ) + Accounts Payable (Q: Dec. 2024 )) / count ) / Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=( (2.655 + 1.75) / 2 ) / 0.346*365 / 4
=2.2025 / 0.346*365 / 4
=580.86

* 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 Resources Days Payable Related Terms

Thank you for viewing the detailed overview of Premium Resources's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Premium Resources Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Premium Resources Ltd (OTCPK:PRMLF) » Definitions » Days Payable
Comparable Companies
TSX:GMX TSXV:HPQ TSXV:FPX TSXV:KRY TSXV:NOAL TSX:SAU TSXV:UCU XCNQ:CACR TSXV:MKA TSXV:BOGO ASX:BHP ASX:RIO LSE:RIO SAU:1211 LSE:GLEN BSP:VALE3 MEX:GMEXICOB LSE:AAL ASX:FMG BOM:500188
Traded in Other Exchanges
R10:Germany PREM:Canada
Address
100 King Street West, Suite 3400, Toronto, ON, CAN, M5X 1A4
Website
https://www.premiumresources.com
Premium Resources Ltd is a mineral exploration and development company focused on discovering and advancing high-quality copper- nickel-cobalt-platinum element metals (Cu- Ni-Co-PGE) resources. The principal assets of the company are the Selebi and Selebi North nickel-copper-cobalt ("Ni-Cu-Co") mines (the "Selebi Mines") in Botswana and related infrastructure (together, the "Selebi Assets"), as well as the nickel, copper, cobalt, platinum-group elements ("Ni-Cu-Co-PGE") Selkirk mine (the "Selkirk Mine") in Botswana. It manages their portfolio, including the 100% owned Maniitsoq project in Greenland and the Post-Creek and Halcyon projects in Northern Ontario, Canada.