SPAUF (Spanish Mountain Gold) Days Payable : 2,141.12 (As of Sep. 2024)

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What is Spanish Mountain Gold Days Payable?

Spanish Mountain Gold's average Accounts Payable for the three months ended in Sep. 2024 was $0.33 Mil. Spanish Mountain Gold's Cost of Goods Sold for the three months ended in Sep. 2024 was $0.01 Mil. Hence, Spanish Mountain Gold's Days Payable for the three months ended in Sep. 2024 was 2,141.12.

The historical rank and industry rank for Spanish Mountain Gold's Days Payable or its related term are showing as below:

SPAUF' s Days Payable Range Over the Past 10 Years
Min: 0 Med: 0 Max: 2156.38
Current: 2156.38

During the past 13 years, Spanish Mountain Gold's highest Days Payable was 2156.38. The lowest was 0.00. And the median was 0.00.

SPAUF's Days Payable is ranked better than
73.61% of 1027 companies
in the Metals & Mining industry
Industry Median: 132 vs SPAUF: 2156.38

Spanish Mountain Gold's Days Payable increased from Sep. 2023 (1,874.13) to Sep. 2024 (2,141.12). It may suggest that Spanish Mountain Gold delayed paying its suppliers.

Spanish Mountain Gold Days Payable Historical Data

The historical data trend for Spanish Mountain Gold'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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Spanish Mountain Gold Days Payable Chart

Spanish Mountain Gold Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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Spanish Mountain Gold 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															1,874.13	-	-	3,043.84	2,141.12

Competitive Comparison of Spanish Mountain Gold's Days Payable

For the Gold subindustry, Spanish Mountain Gold'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.

Spanish Mountain Gold's Days Payable Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Spanish Mountain Gold's Days Payable falls into.

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Spanish Mountain Gold 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.

Spanish Mountain Gold'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
=	( (0	+	0)	/	1 )	/	0.057	*	365
=	0					/	0.057	*	365
=	0.00

Spanish Mountain Gold'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
=	( (0.467	+	0.19)	/	2 )	/	0.014	*	365 / 4
=	0.3285					/	0.014	*	365 / 4
=	2,141.12

Spanish Mountain Gold Days Payable Related Terms

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Spanish Mountain Gold Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Spanish Mountain Gold Ltd (OTCPK:SPAUF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

S3Y:Germany S3Y:Germany SPA:Canada

Address

1111 Melville Street, Suite 910, Vancouver, BC, CAN, V6E 3V6

Website

https://www.spanishmountaingold.com

Spanish Mountain Gold Ltd is an exploration stage resource company. It is focused on de-risking and optimizing its Spanish Mountain gold project in southern central British Columbia. The company has one operating segment being the Mineral exploration, and all of its long-term assets are located in Canada.

Spanish Mountain Gold Headlines

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