Silver Elephant Mining (TSX:ELEF) Days Payable : 0.00 (As of Sep. 2023)

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What is Silver Elephant Mining Days Payable?

Silver Elephant Mining's average Accounts Payable for the three months ended in Sep. 2023 was C$0.00 Mil. Silver Elephant Mining's Cost of Goods Sold for the three months ended in Sep. 2023 was C$0.04 Mil. Hence, Silver Elephant Mining's Days Payable for the three months ended in Sep. 2023 was 0.00.

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

TSX:ELEF' s Days Payable Range Over the Past 10 Years
Min: 7644.97 Med: 19905.38 Max: 78454.72
Current: 7644.97

During the past 13 years, Silver Elephant Mining's highest Days Payable was 78454.72. The lowest was 7644.97. And the median was 19905.38.

TSX:ELEF's Days Payable is ranked better than
86.14% of 1068 companies
in the Metals & Mining industry
Industry Median: 136.695 vs TSX:ELEF: 7644.97

Silver Elephant Mining's Days Payable declined from Mar. 2022 (192,081.25) to Sep. 2023 (0.00). It may suggest that Silver Elephant Mining accelerated paying its suppliers.

Silver Elephant Mining Days Payable Historical Data

The historical data trend for Silver Elephant Mining'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.

* Premium members only.

Silver Elephant Mining Days Payable Chart

Silver Elephant Mining Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Days Payable

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78,454.72

21,391.61

11,390.81

18,419.15

35,006.82

Silver Elephant Mining Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Dec22	Jun23	Sep23
Days Payable	Get a 7-Day Free Trial															192,081.25	15,585.50	3,731.47	7,644.97	-

Competitive Comparison of Silver Elephant Mining's Days Payable

For the Other Industrial Metals & Mining subindustry, Silver Elephant Mining'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 Elephant Mining's Days Payable Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Silver Elephant Mining's Days Payable falls into.

Silver Elephant Mining 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 Elephant Mining's Days Payable for the fiscal year that ended in Dec. 2021 is calculated as

	Days Payable (A: Dec. 2021 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2020 )	+	Accounts Payable (A: Dec. 2021 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2021 )	*	Days in Period
=	( (1.718	+	2.502)	/	2 )	/	0.022	*	365
=	2.11					/	0.022	*	365
=	35,006.82

Silver Elephant Mining's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

	Days Payable (Q: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0.039	*	365 / 4
=	0					/	0.039	*	365 / 4
=	0.00

Silver Elephant Mining Days Payable Related Terms

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Silver Elephant Mining (TSX:ELEF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Silver Elephant Mining Corp (TSX:ELEF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

SILEF:USA 1P2:Germany

Address

409 Granville Street, Suite 1610, Vancouver, BC, CAN, V6C 1T2

Website

https://www.silverelef.com

Silver Elephant Mining Corp is a Canada-based mining and exploration company of energy metals. The company is amassing large quantities of silver and nickel-metal resources in the ground. Geographically, it operates in Canada; the USA; Mongolia, and Bolivia. Its projects include Pulacayo; Sunawayo; El Triunfo ; Minago; Triunfo and Gibellini.

Executives

John Lee

Director, Senior Officer

Silver Elephant Mining (TSX:ELEF) Headlines

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