Capstone Copper (TSX:CS) Days Payable : 75.03 (As of Dec. 2023)

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What is Capstone Copper Days Payable?

Capstone Copper's average Accounts Payable for the three months ended in Dec. 2023 was C$366 Mil. Capstone Copper's Cost of Goods Sold for the three months ended in Dec. 2023 was C$446 Mil. Hence, Capstone Copper's Days Payable for the three months ended in Dec. 2023 was 75.03.

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

TSX:CS' s Days Payable Range Over the Past 10 Years
Min: 46.13 Med: 58.29 Max: 81.06
Current: 81.06

During the past 13 years, Capstone Copper's highest Days Payable was 81.06. The lowest was 46.13. And the median was 58.29.

TSX:CS's Days Payable is ranked worse than
58.43% of 1068 companies
in the Metals & Mining industry
Industry Median: 129.525 vs TSX:CS: 81.06

Capstone Copper's Days Payable declined from Dec. 2022 (82.96) to Dec. 2023 (75.03). It may suggest that Capstone Copper accelerated paying its suppliers.

Capstone Copper Days Payable Historical Data

The historical data trend for Capstone 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.

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Capstone Copper Days Payable Chart

Capstone Copper Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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50.20

63.28

72.40

63.17

81.06

Capstone Copper 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															82.96	89.70	80.25	80.42	75.03

Competitive Comparison of Capstone Copper's Days Payable

For the Copper subindustry, Capstone 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.

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

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

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

Capstone 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.

Capstone 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
=	( (387.054	+	365.287)	/	2 )	/	1693.765	*	365
=	376.1705					/	1693.765	*	365
=	81.06

Capstone Copper'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
=	( (367.51	+	365.287)	/	2 )	/	445.582	*	365 / 4
=	366.3985					/	445.582	*	365 / 4
=	75.03

Capstone Copper Days Payable Related Terms

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Capstone Copper (TSX:CS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Capstone Copper Corp (TSX:CS) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

CSCCF:USA OUW0:Germany

Address

510 West Georgia Street, Suite 2100, Vancouver, BC, CAN, V6B 0M3

Website

http://www.capstonemining.com

Capstone Copper Corp is a company that mines, explores, and develops mineral properties in the Americas. Specifically, the group has operating mines in the US, Mexico, and Canada, and development projects in Chile and Canada. Capstone's main focus is copper, but the company also produces zinc, lead, molybdenum, silver, and gold. The Company has six reportable segments which are Pinto Valley (US), Mantos Blancos (Chile), Mantoverde (Chile), Cozamin (Mexico), as well as the Santo Domingo development project (Chile) and Other.