Austral Gold (TSXV:AGLD) Days Payable : 120.98 (As of Dec. 2024)

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What is Austral Gold Days Payable?

Austral Gold's average Accounts Payable for the six months ended in Dec. 2024 was C$16.54 Mil. Austral Gold's Cost of Goods Sold for the six months ended in Dec. 2024 was C$24.95 Mil. Hence, Austral Gold's Days Payable for the six months ended in Dec. 2024 was 120.98.

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

TSXV:AGLD' s Days Payable Range Over the Past 10 Years
Min: 33.65 Med: 56.25 Max: 154.82
Current: 154.82

During the past 13 years, Austral Gold's highest Days Payable was 154.82. The lowest was 33.65. And the median was 56.25.

TSXV:AGLD's Days Payable is ranked better than
51.41% of 1029 companies
in the Metals & Mining industry
Industry Median: 135.14 vs TSXV:AGLD: 154.82

Austral Gold's Days Payable increased from Dec. 2023 (95.95) to Dec. 2024 (120.98). It may suggest that Austral Gold delayed paying its suppliers.

Austral Gold Days Payable Historical Data

The historical data trend for Austral 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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Austral Gold Days Payable Chart

Austral Gold Annual Data

Trend

Jun15

Jun16

Jun17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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48.05

41.76

63.00

96.04

120.44

Austral Gold Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Days Payable	Get a 7-Day Free Trial															74.08	168.39	95.95	243.34	120.98

Competitive Comparison of Austral Gold's Days Payable

For the Other Precious Metals & Mining subindustry, Austral 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.

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

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

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

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Austral 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.

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

	Days Payable (A: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2023 )	+	Accounts Payable (A: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2024 )	*	Days in Period
=	( (20.364	+	7.837)	/	2 )	/	42.731	*	365
=	14.1005					/	42.731	*	365
=	120.44

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

	Days Payable (Q: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2024 )	+	Accounts Payable (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (25.245	+	7.837)	/	2 )	/	24.952	*	365 / 2
=	16.541					/	24.952	*	365 / 2
=	120.98

Austral Gold Days Payable Related Terms

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

Austral Gold Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Austral Gold Ltd (TSXV:AGLD) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

AGLDF:USA AGD:Australia

Address

126 Phillip Street, Level 5, Sydney, NSW, AUS, 2000

Website

https://www.australgold.com

Austral Gold Ltd is a precious metals mining and exploration company. It is engaged in the exploration and evaluation of mineral properties, gold, and silver production. The company has two operating segments, Guanaco/Amancaya which is based in Chile, and Casposo which is based in Argentina. The company generates the majority of its revenue from the Guanaco/Amancaya segment, particularly from Gold sales. The company exploration project includes Triassic Choiyoi Belt, Indio Belt, Deseado Massif.

Austral Gold Headlines

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