Emergent Metals (TSXV:EMR) Days Payable : 53,031.46 (As of Mar. 2024)

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What is Emergent Metals Days Payable?

Emergent Metals's average Accounts Payable for the three months ended in Mar. 2024 was C$1.74 Mil. Emergent Metals's Cost of Goods Sold for the three months ended in Mar. 2024 was C$0.00 Mil. Hence, Emergent Metals's Days Payable for the three months ended in Mar. 2024 was 53,031.46.

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

TSXV:EMR' s Days Payable Range Over the Past 10 Years
Min: 5278.46 Med: 15125.08 Max: 75737.5
Current: 15889.67

During the past 13 years, Emergent Metals's highest Days Payable was 75737.50. The lowest was 5278.46. And the median was 15125.08.

TSXV:EMR's Days Payable is ranked better than
91.59% of 1070 companies
in the Metals & Mining industry
Industry Median: 138.82 vs TSXV:EMR: 15889.67

Emergent Metals's Days Payable increased from Mar. 2023 (12,723.67) to Mar. 2024 (53,031.46). It may suggest that Emergent Metals delayed paying its suppliers.

Emergent Metals Days Payable Historical Data

The historical data trend for Emergent Metals'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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Emergent Metals Days Payable Chart

Emergent Metals Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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62,415.00

6,022.50

5,278.46

12,040.07

18,210.08

Emergent Metals Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															12,723.67	9,170.63	8,885.47	14,691.25	53,031.46

Competitive Comparison of Emergent Metals's Days Payable

For the Gold subindustry, Emergent Metals'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.

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

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

* The bar in red indicates where Emergent Metals's Days Payable falls into.

Emergent Metals 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.

Emergent Metals'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
=	( (1.399	+	1.794)	/	2 )	/	0.032	*	365
=	1.5965					/	0.032	*	365
=	18,210.08

Emergent Metals'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
=	( (1.794	+	1.693)	/	2 )	/	0.003	*	365 / 4
=	1.7435					/	0.003	*	365 / 4
=	53,031.46

Emergent Metals Days Payable Related Terms

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Emergent Metals (TSXV:EMR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Emergent Metals Corp (TSXV:EMR) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

EGMCF:USA EML:Germany

Address

789 West Pender Street, Suite 1010, Vancouver, BC, CAN, V6C 1H2

Website

https://www.emergentmetals.com

Emergent Metals Corp is a gold and base metal exploration and mine development company. The company's business model is strategic acquisitions and divestitures (A&D) in the junior mining sector, with a focus on Nevada and Quebec. The company's Nevada properties include Golden Arrow, New York Canyon, Mindora, Buckskin Rawhide East, Buckskin Rawhide West, and Koegel Rawhide.

Executives

Robert Rosner

Director