Marimaca Copper (STU:E2E1) Days Payable : 795.90 (As of Mar. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Marimaca Copper Days Payable?

Marimaca Copper's average Accounts Payable for the three months ended in Mar. 2024 was €0.24 Mil. Marimaca Copper's Cost of Goods Sold for the three months ended in Mar. 2024 was €0.03 Mil. Hence, Marimaca Copper's Days Payable for the three months ended in Mar. 2024 was 795.90.

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

STU:E2E1' s Days Payable Range Over the Past 10 Years
Min: 1413.61 Med: 5248.22 Max: 72087.5
Current: 1413.61

During the past 13 years, Marimaca Copper's highest Days Payable was 72087.50. The lowest was 1413.61. And the median was 5248.22.

STU:E2E1's Days Payable is ranked better than
69.91% of 1070 companies
in the Metals & Mining industry
Industry Median: 138.82 vs STU:E2E1: 1413.61

Marimaca Copper's Days Payable declined from Mar. 2023 (6,600.42) to Mar. 2024 (795.90). It may suggest that Marimaca Copper accelerated paying its suppliers.

Marimaca Copper Days Payable Historical Data

The historical data trend for Marimaca Copper'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.

Marimaca Copper Days Payable Chart

Marimaca Copper Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

3,033.31

2,860.62

5,909.52

2,206.98

2,033.05

Marimaca Copper Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															6,600.42	12,501.25	1,430.97	1,080.48	795.90

Competitive Comparison of Marimaca Copper's Days Payable

For the Copper subindustry, Marimaca Copper'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.

Marimaca Copper's Days Payable Distribution in the Metals & Mining Industry

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

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

Marimaca Copper 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.

Marimaca Copper'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
=	( (0.169	+	0.388)	/	2 )	/	0.05	*	365
=	0.2785					/	0.05	*	365
=	2,033.05

Marimaca Copper's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (0.388	+	0.083)	/	2 )	/	0.027	*	365 / 4
=	0.2355					/	0.027	*	365 / 4
=	795.90

Marimaca Copper Days Payable Related Terms

Thank you for viewing the detailed overview of Marimaca Copper's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Marimaca Copper (STU:E2E1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Marimaca Copper Corp (STU:E2E1) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

MARIF:USA MARI:Canada

Address

66 Wellington Street West, Suite 5300, Toronto, ON, CAN, M5K 1E6

Website

https://www.marimaca.com

Marimaca Copper Corp is a copper exploration company. The company's flagship asset is the Marimaca Copper Project in Chile's Antofagasta region. It is the only copper discovery globally and is a low-risk project, with substantial exploration potential.

Marimaca Copper (STU:E2E1) Headlines

No Headlines