Panoro Minerals (Panoro Minerals) Days Payable : 1,716.37 (As of Dec. 2023)

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What is Panoro Minerals Days Payable?

Panoro Minerals's average Accounts Payable for the three months ended in Dec. 2023 was $0.79 Mil. Panoro Minerals's Cost of Goods Sold for the three months ended in Dec. 2023 was $0.04 Mil. Hence, Panoro Minerals's Days Payable for the three months ended in Dec. 2023 was 1,716.37.

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

POROF' s Days Payable Range Over the Past 10 Years
Min: 3346.32 Med: 11894.44 Max: 138943.33
Current: 3346.32

During the past 13 years, Panoro Minerals's highest Days Payable was 138943.33. The lowest was 3346.32. And the median was 11894.44.

POROF's Days Payable is ranked better than
78.18% of 1068 companies
in the Metals & Mining industry
Industry Median: 135.555 vs POROF: 3346.32

Panoro Minerals's Days Payable increased from Dec. 2022 (0.00) to Dec. 2023 (1,716.37). It may suggest that Panoro Minerals delayed paying its suppliers.

Panoro Minerals Days Payable Historical Data

The historical data trend for Panoro Minerals'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.

Panoro Minerals Days Payable Chart

Panoro Minerals Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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4,570.89

7,984.38

11,986.13

12,333.47

4,405.51

Panoro Minerals Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															-	95,630.00	3,534.74	1,546.97	1,716.37

Competitive Comparison of Panoro Minerals's Days Payable

For the Other Industrial Metals & Mining subindustry, Panoro Minerals'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.

Panoro Minerals's Days Payable Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Panoro Minerals's Days Payable falls into.

Panoro Minerals 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.

Panoro Minerals'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
=	( (1.187	+	1.058)	/	2 )	/	0.093	*	365
=	1.1225					/	0.093	*	365
=	4,405.51

Panoro Minerals's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (0.522	+	1.058)	/	2 )	/	0.042	*	365 / 4
=	0.79					/	0.042	*	365 / 4
=	1,716.37

Panoro Minerals Days Payable Related Terms

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

Panoro Minerals (Panoro Minerals) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Panoro Minerals Ltd (OTCPK:POROF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

PML:Peru PZM:Germany PML:Canada

Address

505 Burrard Street, Suite 480, One Bentall Centre, Vancouver, BC, CAN, V7X 1M3

Website

https://www.panoro.com

Panoro Minerals Ltd is a Canada-based exploration stage company engaged in the exploration and acquisition of mineral properties. The organization has one operating segment, Mineral exploration. The company's projects include Antilla, Cotabambas, and others. All of the company's exploration and evaluation assets are located in Peru.

Panoro Minerals (Panoro Minerals) Headlines

From GuruFocus

Panoro Minerals Announces Exploration Plans for Humamantata Copper Project, Peru

By GlobeNewswire GlobeNewswire • 01-20-2020

Panoro Minerals Announces Receipt of Early Deposit Payment from Wheaton Precious Metals for the Cotabambas Project, Peru

By GlobeNewswire GlobeNewswire • 04-01-2020

Panoro Minerals Ltd. to Webcast Live at VirtualInvestorConferences.com October 22nd

By PRNewswire PRNewswire • 10-19-2020