Hercules Silver (TSXV:BIG) Days Payable : 1,060.78 (As of Mar. 2024)

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What is Hercules Silver Days Payable?

Hercules Silver's average Accounts Payable for the three months ended in Mar. 2024 was C$0.33 Mil. Hercules Silver's Cost of Goods Sold for the three months ended in Mar. 2024 was C$0.03 Mil. Hence, Hercules Silver's Days Payable for the three months ended in Mar. 2024 was 1,060.78.

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

TSXV:BIG' s Days Payable Range Over the Past 10 Years
Min: 3969.38 Med: 11436.67 Max: 11436.67
Current: 3969.38

During the past 5 years, Hercules Silver's highest Days Payable was 11436.67. The lowest was 3969.38. And the median was 11436.67.

TSXV:BIG's Days Payable is ranked better than
80.39% of 1066 companies
in the Metals & Mining industry
Industry Median: 138.105 vs TSXV:BIG: 3969.38

Hercules Silver's Days Payable increased from Dec. 2022 (0.00) to Mar. 2024 (1,060.78). It may suggest that Hercules Silver delayed paying its suppliers.

Hercules Silver Days Payable Historical Data

The historical data trend for Hercules 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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Hercules Silver Days Payable Chart

Hercules Silver Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

11,436.67

Hercules Silver Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial												-	-	12,592.50	13,003.13	1,060.78

Competitive Comparison of Hercules Silver's Days Payable

For the Silver subindustry, Hercules 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.

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

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

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

Hercules 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.

Hercules 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
=	( (0.412	+	0.152)	/	2 )	/	0.009	*	365
=	0.282					/	0.009	*	365
=	11,436.67

Hercules Silver's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (0.152	+	0.499)	/	2 )	/	0.028	*	365 / 4
=	0.3255					/	0.028	*	365 / 4
=	1,060.78

Hercules Silver Days Payable Related Terms

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Hercules Silver (TSXV:BIG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Hercules Silver Corp (TSXV:BIG) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

BADEF:USA 8Q7:Germany

Address

100 King Street West, Suite 1600, 1 First Canadian Place, Toronto, ON, CAN, M5X 1G5

Website

https://www.herculessilver.com

Hercules Silver Corp is a junior mining company focused on the exploration and development of the Hercules Silver Project, northwest of Cambridge, Idaho. The company is focused on the exploration and development of a large-scale disseminated silver-lead-zinc system at Hercules with over 28,000 meters of historical drilling and a newly discovered copper porphyry target which adds scale and discovery potential to the system.

Executives

Kelly James Malcolm

Director