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Etruscus Resources (STU:ERR) Days Payable : 1,292.71 (As of Sep. 2024)


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What is Etruscus Resources Days Payable?

Etruscus Resources's average Accounts Payable for the three months ended in Sep. 2024 was €0.04 Mil. Etruscus Resources's Cost of Goods Sold for the three months ended in Sep. 2024 was €0.00 Mil. Hence, Etruscus Resources's Days Payable for the three months ended in Sep. 2024 was 1,292.71.

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

STU:ERR' s Days Payable Range Over the Past 10 Years
Min: 16.59   Med: 722.54   Max: 1277.5
Current: 927.1

During the past 7 years, Etruscus Resources's highest Days Payable was 1277.50. The lowest was 16.59. And the median was 722.54.

STU:ERR's Days Payable is ranked better than
65.36% of 1042 companies
in the Metals & Mining industry
Industry Median: 129.5 vs STU:ERR: 927.10

Etruscus Resources's Days Payable increased from Sep. 2023 (821.25) to Sep. 2024 (1,292.71). It may suggest that Etruscus Resources delayed paying its suppliers.


Etruscus Resources Days Payable Historical Data

The historical data trend for Etruscus 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.

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Etruscus Resources Days Payable Chart

Etruscus Resources Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Payable
Get a 7-Day Free Trial 561.54 827.33 22.81 338.93 958.13

Etruscus Resources 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 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 821.25 745.21 1,018.96 1,186.25 1,292.71

Competitive Comparison of Etruscus Resources's Days Payable

For the Other Industrial Metals & Mining subindustry, Etruscus 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.


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

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

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



Etruscus 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.

Etruscus Resources's Days Payable for the fiscal year that ended in Mar. 2024 is calculated as

Days Payable (A: Mar. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2023 ) + Accounts Payable (A: Mar. 2024 )) / count ) / Cost of Goods Sold (A: Mar. 2024 )*Days in Period
=( (0.025 + 0.038) / 2 ) / 0.012*365
=0.0315 / 0.012*365
=958.13

Etruscus Resources'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
=( (0.04 + 0.045) / 2 ) / 0.003*365 / 4
=0.0425 / 0.003*365 / 4
=1,292.71

* 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.


Etruscus Resources Days Payable Related Terms

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Etruscus Resources Business Description

Traded in Other Exchanges
Address
850 West Hastings Street, Suite 604, Vancouver, BC, CAN, V6C 1E1
Etruscus Resources Corp is engaged in identifying, evaluating, acquiring, and exploring mineral properties. The company's properties include Lewis Gold Property, Newfoundland, Canada; Rock & Roll Property, Liard Mining Division, Northwest British Columbia; and Sugar Property - Liard Mining Division, Northwest British Columbia.

Etruscus Resources Headlines

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