Cameco (TSX:CCO) Days Payable : 41.76 (As of Dec. 2023)

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What is Cameco Days Payable?

Cameco's average Accounts Payable for the three months ended in Dec. 2023 was C$325 Mil. Cameco's Cost of Goods Sold for the three months ended in Dec. 2023 was C$711 Mil. Hence, Cameco's Days Payable for the three months ended in Dec. 2023 was 41.76.

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

TSX:CCO' s Days Payable Range Over the Past 10 Years
Min: 25.17 Med: 39.84 Max: 57.55
Current: 49.93

During the past 13 years, Cameco's highest Days Payable was 57.55. The lowest was 25.17. And the median was 39.84.

TSX:CCO's Days Payable is ranked worse than
61.11% of 126 companies
in the Other Energy Sources industry
Industry Median: 65.515 vs TSX:CCO: 49.93

Cameco's Days Payable declined from Dec. 2022 (52.59) to Dec. 2023 (41.76). It may suggest that Cameco accelerated paying its suppliers.

Cameco Days Payable Historical Data

The historical data trend for Cameco'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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Cameco Days Payable Chart

Cameco Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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25.17

25.60

43.43

51.73

57.55

Cameco Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															52.59	41.25	59.49	56.79	41.76

Competitive Comparison of Cameco's Days Payable

For the Uranium subindustry, Cameco'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.

Cameco's Days Payable Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Cameco's Days Payable distribution charts can be found below:

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

Cameco 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.

Cameco'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
=	( (249.962	+	388.902)	/	2 )	/	2026.092	*	365
=	319.432					/	2026.092	*	365
=	57.55

Cameco's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (261.805	+	388.902)	/	2 )	/	710.994	*	365 / 4
=	325.3535					/	710.994	*	365 / 4
=	41.76

Cameco Days Payable Related Terms

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Cameco (TSX:CCO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » Cameco Corp (TSX:CCO) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

CCJ:USA CJ6:Germany

Address

2121 - 11th Street West, Saskatoon, SK, CAN, S7M 1J3

Website

https://www.cameco.com

Cameco Corp is one of the world's largest uranium producers. When operating at normal production, the flagship McArthur River mine in Saskatchewan accounts for roughly 50% of output in normal market conditions. Amid years of uranium price weakness, the company has reduced production, instead purchasing from the spot market to meet contracted deliveries. In the long term, Cameco has the ability increase annual uranium production by restarting shut mines and investing in new ones. In addition to its large uranium mining business, Cameco operates uranium conversion and fabrication facilities.