Silver Bullet Mines (TSXV:SBMI) Days Payable : 0.00 (As of Dec. 2023)

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What is Silver Bullet Mines Days Payable?

Silver Bullet Mines's average Accounts Payable for the three months ended in Dec. 2023 was C$0.00 Mil. Silver Bullet Mines's Cost of Goods Sold for the three months ended in Dec. 2023 was C$0.03 Mil. Hence, Silver Bullet Mines's Days Payable for the three months ended in Dec. 2023 was 0.00.

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

TSXV:SBMI' s Days Payable Range Over the Past 10 Years
Min: 611.07 Med: 1557.35 Max: 2411.33
Current: 611.07

During the past 4 years, Silver Bullet Mines's highest Days Payable was 2411.33. The lowest was 611.07. And the median was 1557.35.

TSXV:SBMI's Days Payable is ranked better than
64.33% of 1068 companies
in the Metals & Mining industry
Industry Median: 129.525 vs TSXV:SBMI: 611.07

Silver Bullet Mines's Days Payable declined from Dec. 2022 (2,266.04) to Dec. 2023 (0.00). It may suggest that Silver Bullet Mines accelerated paying its suppliers.

Silver Bullet Mines Days Payable Historical Data

The historical data trend for Silver Bullet Mines'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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Silver Bullet Mines Days Payable Chart

Silver Bullet Mines Annual Data

Trend

Nov20

Jun21

Jun22

Jun23

Days Payable

2,411.33

703.36

Silver Bullet Mines Quarterly Data
	Nov20	May21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial							2,266.04	-	-	-	-

Competitive Comparison of Silver Bullet Mines's Days Payable

For the Other Precious Metals & Mining subindustry, Silver Bullet Mines'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.

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

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

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

Silver Bullet Mines 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.

Silver Bullet Mines's Days Payable for the fiscal year that ended in Jun. 2023 is calculated as

	Days Payable (A: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2022 )	+	Accounts Payable (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (0.264	+	0)	/	1 )	/	0.137	*	365
=	0.264					/	0.137	*	365
=	703.36

Silver Bullet Mines'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
=	( (0	+	0)	/	1 )	/	0.033	*	365 / 4
=	0					/	0.033	*	365 / 4
=	0.00

Silver Bullet Mines Days Payable Related Terms

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Silver Bullet Mines (TSXV:SBMI) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

SBMCF:USA

Address

3310 South Service Road, Suite 200, Burlington, ON, CAN, L7N 3M6

Website

https://www.silverbulletmines.com

Silver Bullet Mines Corp is engaged in the acquisition, exploration, development, and extraction of natural resources, specifically precious metals in Arizona, Idaho, and Nevada. The Company has exploration and evaluation properties located in two geographical areas, Canada and the United States of America. The projects of the company are Buckeye, McMorris, and Silver Sevens Mines, Arizona; Lone Mountain and Ophir Canyon Projects -Nevada -Gold; Washington Silver and Gold Mine, Idaho and Black Copper and Richmond (Richman) Basin Deposits -Arizona -Copper.

Silver Bullet Mines (TSXV:SBMI) Headlines

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