Cordoba Minerals (TSXV:CDB) Days Payable : 3,328.33 (As of Dec. 2023)

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What is Cordoba Minerals Days Payable?

Cordoba Minerals's average Accounts Payable for the three months ended in Dec. 2023 was C$5.80 Mil. Cordoba Minerals's Cost of Goods Sold for the three months ended in Dec. 2023 was C$0.16 Mil. Hence, Cordoba Minerals's Days Payable for the three months ended in Dec. 2023 was 3,328.33.

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

TSXV:CDB' s Days Payable Range Over the Past 10 Years
Min: 85.22 Med: 981.22 Max: 2977.71
Current: 2977.71

During the past 13 years, Cordoba Minerals's highest Days Payable was 2977.71. The lowest was 85.22. And the median was 981.22.

TSXV:CDB's Days Payable is ranked better than
76.99% of 1069 companies
in the Metals & Mining industry
Industry Median: 136.25 vs TSXV:CDB: 2977.71

Cordoba Minerals's Days Payable declined from Dec. 2022 (3,429.86) to Dec. 2023 (3,328.33). It may suggest that Cordoba Minerals accelerated paying its suppliers.

Cordoba Minerals Days Payable Historical Data

The historical data trend for Cordoba 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.

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Cordoba Minerals Days Payable Chart

Cordoba Minerals Annual Data

Trend

Apr14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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626.74

876.85

1,085.58

2,769.24

2,705.54

Cordoba Minerals Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															3,429.86	2,211.98	2,806.59	3,892.31	3,328.33

Competitive Comparison of Cordoba Minerals's Days Payable

For the Other Industrial Metals & Mining subindustry, Cordoba 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.

Cordoba Minerals's Days Payable Distribution in the Metals & Mining Industry

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

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

Cordoba 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.

Cordoba Minerals'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
=	( (4.712	+	4.346)	/	2 )	/	0.611	*	365
=	4.529					/	0.611	*	365
=	2,705.54

Cordoba Minerals's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (7.253	+	4.346)	/	2 )	/	0.159	*	365 / 4
=	5.7995					/	0.159	*	365 / 4
=	3,328.33

Cordoba Minerals Days Payable Related Terms

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Cordoba Minerals (TSXV:CDB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Cordoba Minerals Corp (TSXV:CDB) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

CDBMF:USA 7C6A:Germany

Address

999 Canada Place, Suite 606, Vancouver, BC, CAN, V6C 3E1

Website

https://www.cordobaminerals.com

Cordoba Minerals Corp is an exploration and development company. The principal business of the company is the acquisition, exploration, and development of precious and base metal properties. It is focused on projects located in Colombia and the United States. The geographical segments of the group are Canada, Colombia and the United States.

Cordoba Minerals (TSXV:CDB) Headlines

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