Aclara Resources (TSX:ARA) Days Payable : 201.77 (As of Mar. 2024)

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What is Aclara Resources Days Payable?

Aclara Resources's average Accounts Payable for the three months ended in Mar. 2024 was C$1.21 Mil. Aclara Resources's Cost of Goods Sold for the three months ended in Mar. 2024 was C$0.55 Mil. Hence, Aclara Resources's Days Payable for the three months ended in Mar. 2024 was 201.77.

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

TSX:ARA' s Days Payable Range Over the Past 10 Years
Min: 221.17 Med: 4582.23 Max: 14037.7
Current: 221.17

During the past 4 years, Aclara Resources's highest Days Payable was 14037.70. The lowest was 221.17. And the median was 4582.23.

TSX:ARA's Days Payable is ranked better than
57.12% of 1068 companies
in the Metals & Mining industry
Industry Median: 129.525 vs TSX:ARA: 221.17

Aclara Resources's Days Payable declined from Mar. 2023 (945.12) to Mar. 2024 (201.77). It may suggest that Aclara Resources accelerated paying its suppliers.

Aclara Resources Days Payable Historical Data

The historical data trend for Aclara Resources'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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Aclara Resources Days Payable Chart

Aclara Resources Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Payable

14,037.70

8,181.21

983.24

430.01

Aclara Resources Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial									945.12	419.48	230.70	158.66	201.77

Competitive Comparison of Aclara Resources's Days Payable

For the Other Industrial Metals & Mining subindustry, Aclara Resources'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.

Aclara Resources's Days Payable Distribution in the Metals & Mining Industry

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

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

Aclara Resources 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.

Aclara Resources'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
=	( (2.309	+	1.772)	/	2 )	/	1.732	*	365
=	2.0405					/	1.732	*	365
=	430.01

Aclara Resources'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
=	( (1.772	+	0.647)	/	2 )	/	0.547	*	365 / 4
=	1.2095					/	0.547	*	365 / 4
=	201.77

Aclara Resources Days Payable Related Terms

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Aclara Resources (TSX:ARA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Aclara Resources Inc (TSX:ARA) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

ARAAF:USA JD1:Germany

Address

Cerro el Plomo 5630, Office 901 9th Floor, Region Metropolitana de Santiago, Las Condes, Santiago, CHL

Website

https://www.aclara-re.com/about-us

Aclara Resources Inc is a development-stage rare earth mineral resources company. It is engaged in the development of the Penco Module project in Chile.