Gold Terra Resource (TSXV:YGT) Days Payable : 58,673.75 (As of Sep. 2024)

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What is Gold Terra Resource Days Payable?

Gold Terra Resource's average Accounts Payable for the three months ended in Sep. 2024 was C$0.64 Mil. Gold Terra Resource's Cost of Goods Sold for the three months ended in Sep. 2024 was C$0.00 Mil. Hence, Gold Terra Resource's Days Payable for the three months ended in Sep. 2024 was 58,673.75.

The historical rank and industry rank for Gold Terra Resource's Days Payable or its related term are showing as below:

TSXV:YGT' s Days Payable Range Over the Past 10 Years
Min: 806.58 Med: 6165.33 Max: 43313.33
Current: 42383.8

During the past 13 years, Gold Terra Resource's highest Days Payable was 43313.33. The lowest was 806.58. And the median was 6165.33.

TSXV:YGT's Days Payable is ranked better than
96.54% of 1041 companies
in the Metals & Mining industry
Industry Median: 129.57 vs TSXV:YGT: 42383.80

Gold Terra Resource's Days Payable increased from Sep. 2023 (33,420.31) to Sep. 2024 (58,673.75). It may suggest that Gold Terra Resource delayed paying its suppliers.

Gold Terra Resource Days Payable Historical Data

The historical data trend for Gold Terra Resource'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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Gold Terra Resource Days Payable Chart

Gold Terra Resource Annual Data

Trend

Jan14

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Dec22

Dec23

Days Payable

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1,933.36

806.58

10,542.88

43,313.33

26,310.42

Gold Terra Resource Quarterly Data
	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Payable	Get a 7-Day Free Trial															33,420.31	14,987.81	67,296.88	53,928.75	58,673.75

Competitive Comparison of Gold Terra Resource's Days Payable

For the Gold subindustry, Gold Terra Resource'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.

Gold Terra Resource's Days Payable Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Gold Terra Resource's Days Payable falls into.

Gold Terra Resource 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.

Gold Terra Resource'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
=	( (0.35	+	0.515)	/	2 )	/	0.006	*	365
=	0.4325					/	0.006	*	365
=	26,310.42

Gold Terra Resource'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
=	( (0.222	+	1.064)	/	2 )	/	0.001	*	365 / 4
=	0.643					/	0.001	*	365 / 4
=	58,673.75

Gold Terra Resource Days Payable Related Terms

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Gold Terra Resource Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Gold Terra Resource Corp (TSXV:YGT) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

YGTFF:USA TX0:Germany

Address

325 Howe Street, Suite 410, Vancouver, BC, CAN, V6C 1Z7

Website

https://www.goldterracorp.com

Gold Terra Resource Corp is primarily engaged in the acquisition, exploration and development of mineral properties. Its main focus is on the Yellowknife City Gold Project. Other projects of the company include the Stewart property and the Mulligan property.

Executives

Gerald Panneton	Senior Officer
Mark Thomas Brown	Senior Officer
David Suda	Senior Officer
James Russell Starr	Director

Gold Terra Resource Headlines

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