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Kenorland Minerals (TSXV:KLD) Days Payable : 5,363.01 (As of Dec. 2023)


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What is Kenorland Minerals Days Payable?

Kenorland Minerals's average Accounts Payable for the three months ended in Dec. 2023 was C$1.29 Mil. Kenorland Minerals's Cost of Goods Sold for the three months ended in Dec. 2023 was C$0.02 Mil. Hence, Kenorland Minerals's Days Payable for the three months ended in Dec. 2023 was 5,363.01.

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

TSXV:KLD' s Days Payable Range Over the Past 10 Years
Min: 2788.83   Med: 6796.74   Max: 24132.94
Current: 12176.66

During the past 5 years, Kenorland Minerals's highest Days Payable was 24132.94. The lowest was 2788.83. And the median was 6796.74.

TSXV:KLD's Days Payable is ranked better than
89.7% of 1068 companies
in the Metals & Mining industry
Industry Median: 136.005 vs TSXV:KLD: 12176.66

Kenorland Minerals's Days Payable declined from Dec. 2022 (77,288.75) to Dec. 2023 (5,363.01). It may suggest that Kenorland Minerals accelerated paying its suppliers.


Kenorland Minerals Days Payable Historical Data

The historical data trend for Kenorland 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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Kenorland Minerals Days Payable Chart

Kenorland Minerals Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
4,688.85 2,788.83 6,796.74 24,132.94 7,207.09

Kenorland Minerals Quarterly Data
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 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 77,288.75 117,552.81 24,701.38 6,961.96 5,363.01

Competitive Comparison of Kenorland Minerals's Days Payable

For the Other Industrial Metals & Mining subindustry, Kenorland 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.


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

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

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



Kenorland 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.

Kenorland 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
=( (1.341 + 0.831) / 2 ) / 0.055*365
=1.086 / 0.055*365
=7,207.09

Kenorland 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
=( (1.755 + 0.831) / 2 ) / 0.022*365 / 4
=1.293 / 0.022*365 / 4
=5,363.01

* 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.


Kenorland Minerals Days Payable Related Terms

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Kenorland Minerals (TSXV:KLD) Business Description

Traded in Other Exchanges
Address
1570-1111 West Georgia Street, Vancouver, BC, CAN, V6E 4M3
Kenorland Minerals Ltd operates as a mineral exploration company. It has one operating segment, which is the exploration of mineral properties. The company focuses on the identification, acquisition, and exploration of mineral properties. Kenorland Minerals serves customers worldwide. Its projects include Frotet project, Healy project, Tanacross project, among others.
Executives
Zachary Edward Flood 10% Security Holder, Director, Senior Officer

Kenorland Minerals (TSXV:KLD) Headlines

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