Serabi Gold (STU:B9O2) Days Payable : 44.54 (As of Dec. 2023)

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What is Serabi Gold Days Payable?

Serabi Gold's average Accounts Payable for the three months ended in Dec. 2023 was €5.30 Mil. Serabi Gold's Cost of Goods Sold for the three months ended in Dec. 2023 was €10.86 Mil. Hence, Serabi Gold's Days Payable for the three months ended in Dec. 2023 was 44.54.

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

STU:B9O2' s Days Payable Range Over the Past 10 Years
Min: 16.45 Med: 26.02 Max: 47.83
Current: 37.53

During the past 13 years, Serabi Gold's highest Days Payable was 47.83. The lowest was 16.45. And the median was 26.02.

STU:B9O2's Days Payable is ranked worse than
80.77% of 1066 companies
in the Metals & Mining industry
Industry Median: 130.44 vs STU:B9O2: 37.53

Serabi Gold's Days Payable increased from Dec. 2022 (32.53) to Dec. 2023 (44.54). It may suggest that Serabi Gold delayed paying its suppliers.

Serabi Gold Days Payable Historical Data

The historical data trend for Serabi 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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Serabi Gold Days Payable Chart

Serabi Gold Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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34.87

30.53

27.29

20.46

23.41

Serabi Gold 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															32.53	33.35	41.67	43.48	44.54

Competitive Comparison of Serabi Gold's Days Payable

For the Gold subindustry, Serabi 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.

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

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

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

Serabi 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.

Serabi 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
=	( (2.551	+	3.289)	/	2 )	/	45.532	*	365
=	2.92					/	45.532	*	365
=	23.41

Serabi Gold'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
=	( (7.308	+	3.289)	/	2 )	/	10.856	*	365 / 4
=	5.2985					/	10.856	*	365 / 4
=	44.54

Serabi Gold Days Payable Related Terms

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Serabi Gold (STU:B9O2) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Serabi Gold PLC (STU:B9O2) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

SRBIF:USA SRB:UK SBI:Canada

Address

Cobham Park Road, The Long Barn, Downside, Surrey, GBR, KT11 3NE

Website

https://www.serabigold.com

Serabi Gold PLC is a gold exploration and production company. It is involved in the evaluation and development of gold deposits in Brazil. The Group has only one business activity namely the conduct of gold mining and exploration in Brazil. The company has two geographical segments namely Brazil and the UK. It generates maximum revenue from the Brazil region. The company projects include Palito, Sao Chico Gold Mines, Coringa, Jardim do Ouro and Tapajos Regional Exploration. It derives its majority revenue from the sale of gold.

Serabi Gold (STU:B9O2) Headlines

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