Rockcliff Metals (XCNQ:RCLF) Days Payable : 4,676.56 (As of Mar. 2023)

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What is Rockcliff Metals Days Payable?

Rockcliff Metals's average Accounts Payable for the three months ended in Mar. 2023 was C$0.10 Mil. Rockcliff Metals's Cost of Goods Sold for the three months ended in Mar. 2023 was C$0.00 Mil. Hence, Rockcliff Metals's Days Payable for the three months ended in Mar. 2023 was 4,676.56.

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

XCNQ:RCLF' s Days Payable Range Over the Past 10 Years
Min: 3285 Med: 5475 Max: 13913.8
Current: 4224.88

During the past 12 years, Rockcliff Metals's highest Days Payable was 13913.80. The lowest was 3285.00. And the median was 5475.00.

XCNQ:RCLF's Days Payable is not ranked
in the Metals & Mining industry.
Industry Median: 135.555 vs XCNQ:RCLF: 4224.88

Rockcliff Metals's Days Payable declined from Mar. 2022 (5,475.00) to Mar. 2023 (4,676.56). It may suggest that Rockcliff Metals accelerated paying its suppliers.

Rockcliff Metals Days Payable Historical Data

The historical data trend for Rockcliff 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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Rockcliff Metals Days Payable Chart

Rockcliff Metals Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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5,475.00

13,913.80

12,916.94

6,533.50

3,893.33

Rockcliff Metals Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Days Payable	Get a 7-Day Free Trial															5,475.00	4,881.88	2,258.44	4,927.50	4,676.56

Competitive Comparison of Rockcliff Metals's Days Payable

For the Copper subindustry, Rockcliff 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.

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

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

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

Rockcliff 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.

Rockcliff Metals's Days Payable for the fiscal year that ended in Mar. 2023 is calculated as

	Days Payable (A: Mar. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2022 )	+	Accounts Payable (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (0.159	+	0.033)	/	2 )	/	0.009	*	365
=	0.096					/	0.009	*	365
=	3,893.33

Rockcliff Metals's Days Payable for the quarter that ended in Mar. 2023 is calculated as:

	Days Payable (Q: Mar. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2022 )	+	Accounts Payable (Q: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2023 )	*	Days in Period
=	( (0.172	+	0.033)	/	2 )	/	0.002	*	365 / 4
=	0.1025					/	0.002	*	365 / 4
=	4,676.56

Rockcliff Metals Days Payable Related Terms

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Rockcliff Metals (XCNQ:RCLF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Rockcliff Metals Corp (XCNQ:RCLF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

82 Richmond Street East, Toronto, ON, CAN, M5C 1P1

Website

https://www.rockcliffmetals.com

Rockcliff Metals Corp is a Canadian resource development and exploration company and near-term copper producer owning several stages, high-grade copper, Zinc, Silver, and gold deposits. The company's extensive portfolio of properties includes Tower property, Rail property, Goldpath property, SLS property, Freebeth property, Bur property, and others.