SRCH (Searchlight Minerals) Days Payable: 0.00 (As of Sep. 2016)


What is Searchlight Minerals Days Payable?

Searchlight Minerals SRCH +3.69% Days Payable is 0.00 as of Sep. 2016.

Searchlight Minerals's average Accounts Payable for the three months ended in Sep. 2016 was $0.56 Mil. Searchlight Minerals's Cost of Goods Sold for the three months ended in Sep. 2016 was $0.00 Mil.

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

SRCH's Days Payable is not ranked *
in the Metals & Mining industry.
Industry Median: 126.885
* Ranked among companies with meaningful Days Payable only.

Searchlight Minerals's Days Payable stayed the same from Sep. 2015 (0.00) to Sep. 2016 (0.00). stayed the same

Searchlight Minerals Days Payable Historical Data

* Premium members only.

The historical data trend for Searchlight 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.

Searchlight Minerals Days Payable Chart

Searchlight Minerals Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Searchlight Minerals Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16
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 0.00 0.00 0.00 0.00 0.00

SRCH vs WWR: Days Payable Comparison

For the Other Industrial Metals & Mining subindustry, Searchlight 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.

Searchlight Minerals Days Payable vs Metals & Mining Industry

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

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


Searchlight 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.

Searchlight Minerals's Days Payable for the fiscal year that ended in Dec. 2015 is calculated as

Days Payable (A: Dec. 2015 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2014 ) + Accounts Payable (A: Dec. 2015 )) / count ) / Cost of Goods Sold (A: Dec. 2015 )*Days in Period
=( (0.728 + 0.59) / 2 ) / 0*365
=0.659 / 0*365
=N/A

Searchlight Minerals's Days Payable for the quarter that ended in Sep. 2016 is calculated as:

Days Payable (Q: Sep. 2016 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2016 ) + Accounts Payable (Q: Sep. 2016 )) / count ) / Cost of Goods Sold (Q: Sep. 2016 )*Days in Period
=( (0.542 + 0.586) / 2 ) / 0*365 / 4
=0.564 / 0*365 / 4
=N/A

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 0.00 mean?
Searchlight Minerals (SRCH) has a Days Payable of 0.00 as of Sep. 2016. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Searchlight Minerals and its competitors.
Is Searchlight Minerals' Days Payable too high?
Searchlight Minerals' current Days Payable is 0.00.
How does Searchlight Minerals' Days Payable compare to WWR?
Searchlight Minerals' Days Payable of 0.00 can be compared against companies in the Metals & Mining industry. The industry median Days Payable is 126.89. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Metals & Mining company?
The median Days Payable among Metals & Mining companies is 126.89, based on 1,064 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Searchlight Minerals and its competitors. For the Metals & Mining industry, the median Days Payable is 126.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Searchlight Minerals's current Days Payable is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Searchlight Minerals stock overvalued right now?
Searchlight Minerals (SRCH) has a current Days Payable of 0.00. The current Days Payable is 0.00. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Searchlight Minerals (SRCH), the current Days Payable is 0.00 as of Sep. 2016. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Searchlight Minerals Business Description

Address 7582 Hawks Landing Drive, West Palm Beach, FL, USA, 33412
Searchlight Minerals Corp is an exploration stage company engaged in a slag reprocessing project and the acquisition and exploration of mineral properties. The Company is presently focused on the Clarkdale Slag Project, located in Clarkdale, Arizona, which is a reclamation project to recover precious and base metals from the reprocessing of slag produced from the smelting of copper ore mined at the United Verde Copper Mine in Jerome, Arizona.