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Bravo Mining (TSXV:BRVO) Days Payable : 14,976.41 (As of Sep. 2024)


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What is Bravo Mining Days Payable?

Bravo Mining's average Accounts Payable for the three months ended in Sep. 2024 was C$1.31 Mil. Bravo Mining's Cost of Goods Sold for the three months ended in Sep. 2024 was C$0.01 Mil. Hence, Bravo Mining's Days Payable for the three months ended in Sep. 2024 was 14,976.41.

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

TSXV:BRVO' s Days Payable Range Over the Past 10 Years
Min: 20150.35   Med: 85136.25   Max: 108313.75
Current: 20150.35

During the past 3 years, Bravo Mining's highest Days Payable was 108313.75. The lowest was 20150.35. And the median was 85136.25.

TSXV:BRVO's Days Payable is ranked better than
92.99% of 1041 companies
in the Metals & Mining industry
Industry Median: 129.57 vs TSXV:BRVO: 20150.35

Bravo Mining's Days Payable increased from Sep. 2023 (0.00) to Sep. 2024 (14,976.41). It may suggest that Bravo Mining delayed paying its suppliers.

Bravo Mining Days Payable Historical Data

The historical data trend for Bravo Mining'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.

* Premium members only.

Bravo Mining Days Payable Chart

Bravo Mining Annual Data
Trend Dec21 Dec22 Dec23
Days Payable
- 61,958.75 108,313.75

Bravo Mining Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 - 26,234.38 19,196.72 17,350.54 14,976.41

Competitive Comparison of Bravo Mining's Days Payable

For the Other Precious Metals & Mining subindustry, Bravo Mining'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.

Bravo Mining's Days Payable Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Bravo Mining's Days Payable falls into.


Bravo Mining 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.

Bravo Mining'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
=( (2.713 + 2.035) / 2 ) / 0.008*365
=2.374 / 0.008*365
=108,313.75

Bravo Mining'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
=( (1.331 + 1.295) / 2 ) / 0.008*365 / 4
=1.313 / 0.008*365 / 4
=14,976.41

* 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.

Bravo Mining Days Payable Related Terms

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

Bravo Mining Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Bravo Mining Corp (TSXV:BRVO) » Definitions » Days Payable
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Traded in Other Exchanges
BRVMF:USA
Address
Av. Jornalista Ricardo Marinho, n. 360, Room 111 Barra da Tijuca, Rio de Janeiro, BRA, 22631-350
Website
https://www.bravomining.com
Bravo Mining Corp is an intermediate-stage mineral exploration company focused on the exploration and development of the Luanga Project. The Luanga Project is an intermediate-stage PGE including palladium, platinum, rhodium, gold, and nickel exploration project located in Carajss, Para State, Brazil.
Executives
Luis Azevedo 10% Security Holder, Director, Senior Officer
Simon Mottram Senior Officer
Alexandre Augusto Nogueira Penha Senior Officer