Aurion Resources (TSXV:AU) Days Payable : 3,095.98 (As of Sep. 2024)

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What is Aurion Resources Days Payable?

Aurion Resources's average Accounts Payable for the three months ended in Sep. 2024 was C$0.71 Mil. Aurion Resources's Cost of Goods Sold for the three months ended in Sep. 2024 was C$0.02 Mil. Hence, Aurion Resources's Days Payable for the three months ended in Sep. 2024 was 3,095.98.

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

During the past 13 years, Aurion Resources's highest Days Payable was 3030.35. The lowest was 2210.12. And the median was 2883.11.

TSXV:AU's Days Payable is not ranked ^*
in the Metals & Mining industry.
Industry Median: 131.835
* Ranked among companies with meaningful Days Payable only.

Aurion Resources's Days Payable increased from Sep. 2023 (29.86) to Sep. 2024 (3,095.98). It may suggest that Aurion Resources delayed paying its suppliers.

Aurion Resources Days Payable Historical Data

The historical data trend for Aurion 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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Aurion Resources Days Payable Chart

Aurion Resources Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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2,210.12

2,883.11

3,030.35

Aurion 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															29.86	-	3,072.08	2,806.85	3,095.98

Competitive Comparison of Aurion Resources's Days Payable

For the Gold subindustry, Aurion 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.

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

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

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

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Aurion 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.

Aurion Resources'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
=	( (0.716	+	0.712)	/	2 )	/	0.086	*	365
=	0.714					/	0.086	*	365
=	3,030.35

Aurion 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
=	( (0.836	+	0.589)	/	2 )	/	0.021	*	365 / 4
=	0.7125					/	0.021	*	365 / 4
=	3,095.98

Aurion Resources Days Payable Related Terms

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Aurion Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Aurion Resources Ltd (TSXV:AU) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

AIRRF:USA 8RA:Germany 8RA:Germany

Address

120 Torbay Road, Suite W240, St. John's, NL, CAN, A1A 2G8

Website

https://www.aurionresources.com

Aurion Resources Ltd is a Canadian exploration company. The firm along with its subsidiaries is engaged in the evaluation, acquisition, and exploration of mineral properties in Canada, Mexico, the United States, Sweden, and Finland. It focuses on exploring its Flagship Risti and Launi projects, as well as advancing joint venture arrangements with Kinross Gold Corp, B2Gold Corp, and Strategic Resources Inc.

Executives