GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Thunder Gold Corp (OTCPK:TGOLF) » Definitions » Days Payable

TGOLF (Thunder Gold) Days Payable : 1,300.31 (As of Apr. 2024)


View and export this data going back to 2013. Start your Free Trial

What is Thunder Gold Days Payable?

Thunder Gold's average Accounts Payable for the three months ended in Apr. 2024 was $0.03 Mil. Thunder Gold's Cost of Goods Sold for the three months ended in Apr. 2024 was $0.00 Mil. Hence, Thunder Gold's Days Payable for the three months ended in Apr. 2024 was 1,300.31.

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

TGOLF' s Days Payable Range Over the Past 10 Years
Min: 3723   Med: 10110.5   Max: 10220
Current: 3723

During the past 13 years, Thunder Gold's highest Days Payable was 10220.00. The lowest was 3723.00. And the median was 10110.50.

TGOLF's Days Payable is ranked better than
80.15% of 1063 companies
in the Metals & Mining industry
Industry Median: 136.29 vs TGOLF: 3723.00

Thunder Gold's Days Payable declined from Apr. 2023 (8,919.69) to Apr. 2024 (1,300.31). It may suggest that Thunder Gold accelerated paying its suppliers.

Thunder Gold Days Payable Historical Data

The historical data trend for Thunder 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.

* Premium members only.

Thunder Gold Days Payable Chart

Thunder Gold Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 10,828.33 10,871.79 6,314.50

Thunder Gold Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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 8,919.69 8,509.06 1,619.69 1,482.81 1,300.31

Competitive Comparison of Thunder Gold's Days Payable

For the Other Industrial Metals & Mining subindustry, Thunder 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.

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

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

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


Thunder 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.

Thunder Gold's Days Payable for the fiscal year that ended in Apr. 2024 is calculated as

Days Payable (A: Apr. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Apr. 2023 ) + Accounts Payable (A: Apr. 2024 )) / count ) / Cost of Goods Sold (A: Apr. 2024 )*Days in Period
=( (0.328 + 0.018) / 2 ) / 0.01*365
=0.173 / 0.01*365
=6,314.50

Thunder Gold's Days Payable for the quarter that ended in Apr. 2024 is calculated as:

Days Payable (Q: Apr. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jan. 2024 ) + Accounts Payable (Q: Apr. 2024 )) / count ) / Cost of Goods Sold (Q: Apr. 2024 )*Days in Period
=( (0.039 + 0.018) / 2 ) / 0.002*365 / 4
=0.0285 / 0.002*365 / 4
=1,300.31

* 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.

Thunder Gold Days Payable Related Terms

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

Thunder Gold Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Thunder Gold Corp (OTCPK:TGOLF) » Definitions » Days Payable
Comparable Companies
TSXV:FIN TSXV:GCOM TSXV:HPY TSX:NCP TSXV:CUEX TSXV:VCT TSXV:ROX XCNQ:SALI TSXV:NTH NEOE:IBER ASX:BHP ASX:RIO LSE:RIO LSE:GLEN BSP:VALE3 MEX:GMEXICOB SAU:1211 ASX:FMG LSE:AAL BOM:500188
Traded in Other Exchanges
TGOL:Canada
Address
684 Squier Street, Thunder Bay, ON, CAN, P7B 4A8
Website
https://www.thundergoldcorp.com
Thunder Gold Corp is a junior exploration company. The company's flagship property is the Tower Mountain gold project, located in northwestern Ontario, fifty km west of Thunder Bay. The firm also holds a 100% interest in the Pen Property (Au) and the Seagull Lake Property (PGEs), both located in northwestern ON. In addition, the Company has optioned the following properties to other companies: Okohongo (Cu-Ag) and Dorwit (Cu-Ag) in Namibia, Vanguard-Iris Lake (Au), and Far Lake (CuAg) in ON and the Startrek (Au-Ag) property in NF.