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Trilogy Metals (Trilogy Metals) Days Payable : 13,915.63 (As of Feb. 2024)


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What is Trilogy Metals Days Payable?

Trilogy Metals's average Accounts Payable for the three months ended in Feb. 2024 was $0.15 Mil. Trilogy Metals's Cost of Goods Sold for the three months ended in Feb. 2024 was $0.00 Mil. Hence, Trilogy Metals's Days Payable for the three months ended in Feb. 2024 was 13,915.63.

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

TMQ' s Days Payable Range Over the Past 10 Years
Min: 7.86   Med: 34.47   Max: 8256.3
Current: 8256.3

During the past 13 years, Trilogy Metals's highest Days Payable was 8256.30. The lowest was 7.86. And the median was 34.47.

TMQ's Days Payable is ranked better than
86.76% of 1065 companies
in the Metals & Mining industry
Industry Median: 129.97 vs TMQ: 8256.30

Trilogy Metals's Days Payable increased from Feb. 2023 (10,014.69) to Feb. 2024 (13,915.63). It may suggest that Trilogy Metals delayed paying its suppliers.


Trilogy Metals Days Payable Historical Data

The historical data trend for Trilogy 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.

* Premium members only.

Trilogy Metals Days Payable Chart

Trilogy Metals Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.23 125.83 3,745.60 4,218.97 7,619.38

Trilogy Metals Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10,014.69 10,014.69 6,387.50 5,429.38 13,915.63

Competitive Comparison of Trilogy Metals's Days Payable

For the Other Industrial Metals & Mining subindustry, Trilogy 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.


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

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

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



Trilogy 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.

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

Days Payable (A: Nov. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Nov. 2022 ) + Accounts Payable (A: Nov. 2023 )) / count ) / Cost of Goods Sold (A: Nov. 2023 )*Days in Period
=( (0.188 + 0.146) / 2 ) / 0.008*365
=0.167 / 0.008*365
=7,619.38

Trilogy Metals's Days Payable for the quarter that ended in Feb. 2024 is calculated as:

Days Payable (Q: Feb. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Nov. 2023 ) + Accounts Payable (Q: Feb. 2024 )) / count ) / Cost of Goods Sold (Q: Feb. 2024 )*Days in Period
=( (0.146 + 0.159) / 2 ) / 0.001*365 / 4
=0.1525 / 0.001*365 / 4
=13,915.63

* 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.


Trilogy Metals Days Payable Related Terms

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Trilogy Metals (Trilogy Metals) Business Description

Traded in Other Exchanges
Address
609 Granville Street, Suite 1150, Vancouver, BC, CAN, V7Y 1G5
Trilogy Metals Inc is an exploration stage company engaged in mineral exploration. The company focuses on exploring and developing its mineral resource properties, which include the Upper Kobuk Mineral Projects (UKMP or UKMP Projects), in the Ambler mining district located in Alaska, the United States. Its properties have the Arctic copper-zinc- lead-gold-silver project and other mineralized targets within a volcanogenic massive sulfide belt, and it also has a bornite carbonate-hosted copper project.
Executives
Elaine Sanders officer: VP & CFO C/O TRILOGY METALS, 1950 - 777 DUNSMUIR STREET, VANCOUVER A1 V7Y 1K4
Diana J Walters director 5430 LBJ FREEWAY, SUITE 1800, DALLAS TX 75240
William Beckwith Hayden director C/O TRILOGY METALS INC., SUITE 1950, 777 DUNSMUIR STREET, VANCOUVER A1 V7Y 1K4
Tony Giardini director, officer: President and CEO C/O TRILOGY METALS, 1950 - 777 DUNSMUIR STREET, VANCOUVER A1 V7Y 1K4
Hensley William L. Iggiagruk director C/O TRILOGY METALS INC., SUITE 1150, 609 GRANVILLE STREET, VANCOUVER A1 V7Y 1G5
James Gowans director C/O TRILOGY METALS INC., SUITE 1150, 609 GRANVILLE STREET, VANCOUVER A1 V7Y 1G5
Gregory A. Lang director C/O TRILOGY METALS INC., 1950 - 777 DUNSMUIR STREET, VANCOUVER A1 V7Y 1K4
Kalidas V Madhavpeddi other: Former Director 511 ARROYO SQ, SOUTH PASADENA CA 91030
South32 Ltd 10 percent owner LEVEL 35 108 ST GEORGES TERRACE, PERTH WA C3 6000
Electrum Strategic Opportunities Fund L.p. 10 percent owner, other: Possible Member of 10% Group C/O THE ELECTRUM GROUP LLC, 700 MADISON AVENUE, 5TH FLOOR, NEW YORK NY 10065
Janice Stairs director C/O TRILOGY METALS, 1950 - 777 DUNSMUIR STREET, VANCOUVER A1 V7Y 1K4
Paulson & Co. Inc. 10 percent owner 1133 AVENUE OF THE AMERICAS, 33RD FLOOR, NEW YORK NY 10036
South32 International Investment Holdings Proprietary Ltd 10 percent owner LEVEL 35, 108 ST GEORGES TERRACE, PERTH C3 WA 6000
Nieuwenhuyse Rick Van director, officer: President & CEO C/O TRILOGY METALS, 1950 - 777 DUNSMUIR STREET, VANCOUVER A1 V7Y 1K4
Esof Gp Ltd. 10 percent owner, other: Possible Member of 10% Group C/O THE ELECTRUM GROUP LLC, 700 MADISON AVENUE, 5TH FLOOR, NEW YORK NY 10065