Aurelius Minerals (TSXV:AUL.H) Days Payable: 641.95 (As of Sep. 2022)

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What is Aurelius Minerals Days Payable?

Aurelius Minerals TSXV:AUL.H Days Payable is 641.95 as of Sep. 2022.

Aurelius Minerals's average Accounts Payable for the three months ended in Sep. 2022 was C$0.40 Mil. Aurelius Minerals's Cost of Goods Sold for the three months ended in Sep. 2022 was C$0.06 Mil. Hence, Aurelius Minerals's Days Payable for the three months ended in Sep. 2022 was 641.95.

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

TSXV:AUL.H's Days Payable is not ranked *
in the Metals & Mining industry.
Industry Median: 125.6
* Ranked among companies with meaningful Days Payable only.

Aurelius Minerals's Days Payable declined from Sep. 2021 (1,178.25) to Sep. 2022 (641.95). It may suggest that Aurelius Minerals accelerated paying its suppliers.

Aurelius Minerals Days Payable Historical Data

* Premium members only.

The historical data trend for Aurelius Minerals'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.

Aurelius Minerals Days Payable Chart

Aurelius Minerals Annual Data
Trend Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Dec20 Dec21
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 39,876.25 1,113.84 1,125.01

Aurelius Minerals Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 1,178.25 1,246.28 815.65 475.80 641.95

TSXV:AUL.H vs NEM: Days Payable Comparison

For the Gold subindustry, Aurelius Minerals'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.

Aurelius Minerals Days Payable vs Metals & Mining Industry

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

* The bar in red indicates where Aurelius Minerals's Days Payable falls into.


Aurelius Minerals 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.

Aurelius Minerals's Days Payable for the fiscal year that ended in Dec. 2021 is calculated as

Days Payable (A: Dec. 2021 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2020 ) + Accounts Payable (A: Dec. 2021 )) / count ) / Cost of Goods Sold (A: Dec. 2021 )*Days in Period
=( (0.631 + 0.756) / 2 ) / 0.225*365
=0.6935 / 0.225*365
=1,125.01

Aurelius Minerals's Days Payable for the quarter that ended in Sep. 2022 is calculated as:

Days Payable (Q: Sep. 2022 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2022 ) + Accounts Payable (Q: Sep. 2022 )) / count ) / Cost of Goods Sold (Q: Sep. 2022 )*Days in Period
=( (0.321 + 0.481) / 2 ) / 0.057*365 / 4
=0.401 / 0.057*365 / 4
=641.95

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 641.95 mean?
Aurelius Minerals (TSXV:AUL.H) has a Days Payable of 641.95 as of Sep. 2022. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Aurelius Minerals and its competitors.
Is Aurelius Minerals' Days Payable too high?
Aurelius Minerals' current Days Payable is 641.95. The Metals & Mining industry median Days Payable is 125.60. Aurelius Minerals' value of 641.95 is 411.1% above this industry median.
How does Aurelius Minerals' Days Payable compare to NEM?
Aurelius Minerals' Days Payable of 641.95 can be compared against companies in the Metals & Mining industry. The industry median Days Payable is 125.60. Aurelius Minerals' value of 641.95 is 411.1% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Metals & Mining company?
The median Days Payable among Metals & Mining companies is 125.60, based on 1,063 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Aurelius Minerals's current Days Payable of 641.95 is 411.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Aurelius Minerals and its competitors. For the Metals & Mining industry, the median Days Payable is 125.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aurelius Minerals's current Days Payable is 641.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aurelius Minerals stock overvalued right now?
Aurelius Minerals (TSXV:AUL.H) has a current Days Payable of 641.95. The current Days Payable is 641.95 and 411.1% above the Metals & Mining industry median of 125.60. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Aurelius Minerals (TSXV:AUL.H), the current Days Payable is 641.95 as of Sep. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Aurelius Minerals Business Description

Address 110 Yonge Street, Suite 1900, Toronto, ON, CAN, M5C 1T4
Aurelius Minerals Inc is a gold exploration company which holds the Aureus Gold Properties, including Aureus East and West and the Forest Hill Gold Project located in Nova Scotia. The company also holds a gold project in the Abitibi Greenstone Belt in Ontario, Canada; the 968- hectare Mikwam Property, in the Burntbush area on the Casa Berardi trend.