Minco Silver (TSX:MSV) Days Payable : 243.13 (As of Sep. 2024)

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What is Minco Silver Days Payable?

Minco Silver's average Accounts Payable for the three months ended in Sep. 2024 was C$0.19 Mil. Minco Silver's Cost of Goods Sold for the three months ended in Sep. 2024 was C$0.07 Mil. Hence, Minco Silver's Days Payable for the three months ended in Sep. 2024 was 243.13.

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

TSX:MSV' s Days Payable Range Over the Past 10 Years
Min: 217.36 Med: 473.99 Max: 2699.62
Current: 217.36

During the past 13 years, Minco Silver's highest Days Payable was 2699.62. The lowest was 217.36. And the median was 473.99.

TSX:MSV's Days Payable is ranked better than
56.02% of 1039 companies
in the Metals & Mining industry
Industry Median: 130.99 vs TSX:MSV: 217.36

Minco Silver's Days Payable increased from Sep. 2023 (195.00) to Sep. 2024 (243.13). It may suggest that Minco Silver delayed paying its suppliers.

Minco Silver Days Payable Historical Data

The historical data trend for Minco Silver'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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Minco Silver Days Payable Chart

Minco Silver Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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473.99

618.63

467.47

253.24

253.79

Minco Silver 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															195.00	194.76	223.98	214.90	243.13

Competitive Comparison of Minco Silver's Days Payable

For the Silver subindustry, Minco Silver'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.

Minco Silver's Days Payable Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Minco Silver's Days Payable falls into.

Minco Silver 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.

Minco Silver'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
=	( (0.21	+	0.235)	/	2 )	/	0.32	*	365
=	0.2225					/	0.32	*	365
=	253.79

Minco Silver'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
=	( (0.182	+	0.207)	/	2 )	/	0.073	*	365 / 4
=	0.1945					/	0.073	*	365 / 4
=	243.13

Minco Silver Days Payable Related Terms

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Minco Silver Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Minco Silver Corp (TSX:MSV) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

MISVF:USA XYD:Germany

Address

1055 West Georgia Street, Suite 2060, P.O. Box 11176, Vancouver, BC, CAN, V6E 3P3

Website

http://www.mincosilver.com

Minco Silver Corp is a Canadian-based silver mining company. It is engaged in exploring, evaluating, and developing precious metal mineral properties and projects. The company has an interest in the Fuwan Silver Project and Changkeng Gold Project. It has one segment for the exploration and development of resource properties.

Executives

Ken Cai	Director, Senior Officer
Renee Lin	Senior Officer
George Lian	Director
Trevitt Jennifer	Senior Officer

Minco Silver Headlines

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