Sociedad Punta del Cobre (XSGO:PUCOBRE) Days Payable : 23.09 (As of Dec. 2024)

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What is Sociedad Punta del Cobre Days Payable?

Sociedad Punta del Cobre's average Accounts Payable for the three months ended in Dec. 2024 was CLP22,220 Mil. Sociedad Punta del Cobre's Cost of Goods Sold for the three months ended in Dec. 2024 was CLP87,806 Mil. Hence, Sociedad Punta del Cobre's Days Payable for the three months ended in Dec. 2024 was 23.09.

The historical rank and industry rank for Sociedad Punta del Cobre's Days Payable or its related term are showing as below:

XSGO:PUCOBRE' s Days Payable Range Over the Past 10 Years
Min: 20.8 Med: 33.25 Max: 42.51
Current: 34.96

During the past 13 years, Sociedad Punta del Cobre's highest Days Payable was 42.51. The lowest was 20.80. And the median was 33.25.

XSGO:PUCOBRE's Days Payable is ranked worse than
82.79% of 1040 companies
in the Metals & Mining industry
Industry Median: 131.845 vs XSGO:PUCOBRE: 34.96

Sociedad Punta del Cobre's Days Payable declined from Dec. 2023 (36.35) to Dec. 2024 (23.09). It may suggest that Sociedad Punta del Cobre accelerated paying its suppliers.

Sociedad Punta del Cobre Days Payable Historical Data

The historical data trend for Sociedad Punta del Cobre'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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Sociedad Punta del Cobre Days Payable Chart

Sociedad Punta del Cobre Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

Get a 7-Day Free Trial

32.27

34.82

40.96

41.11

34.22

Sociedad Punta del Cobre Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Payable	Get a 7-Day Free Trial															36.35	36.53	37.95	53.26	23.09

Competitive Comparison of Sociedad Punta del Cobre's Days Payable

For the Copper subindustry, Sociedad Punta del Cobre'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.

Sociedad Punta del Cobre's Days Payable Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Sociedad Punta del Cobre's Days Payable falls into.

Sociedad Punta del Cobre 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.

Sociedad Punta del Cobre's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

	Days Payable (A: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2023 )	+	Accounts Payable (A: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2024 )	*	Days in Period
=	( (25969.665	+	22032.133)	/	2 )	/	256034.32	*	365
=	24000.899					/	256034.32	*	365
=	34.22

Sociedad Punta del Cobre's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

	Days Payable (Q: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2024 )	+	Accounts Payable (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (22407.211	+	22032.133)	/	2 )	/	87805.588	*	365 / 4
=	22219.672					/	87805.588	*	365 / 4
=	23.09

Sociedad Punta del Cobre Days Payable Related Terms

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Sociedad Punta del Cobre Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Sociedad Punta del Cobre SA (XSGO:PUCOBRE) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

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Address

Avenue El Bosque Central 130, 14th Floor, Las Condes, Santiago, CHL

Website

https://www.pucobre.cl

Sociedad Punta del Cobre SA a Chilean mining company. It is specialized in the exploitation of medium-sized copper deposits. The company's operations are located mainly in the Atacama Region. The firm is engaged in developing two projects for the exploitation of copper, El Espino, and Tovaku, located in Coquimbo Region and the Antofagasta Region, respectively.

Sociedad Punta del Cobre Headlines

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