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Dynacor Group (TSX:DNG) Days Payable : 14.85 (As of Dec. 2023)


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What is Dynacor Group Days Payable?

Dynacor Group's average Accounts Payable for the three months ended in Dec. 2023 was C$12.6 Mil. Dynacor Group's Cost of Goods Sold for the three months ended in Dec. 2023 was C$77.6 Mil. Hence, Dynacor Group's Days Payable for the three months ended in Dec. 2023 was 14.85.

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

TSX:DNG' s Days Payable Range Over the Past 10 Years
Min: 10.14   Med: 13.33   Max: 22.41
Current: 14.54

During the past 13 years, Dynacor Group's highest Days Payable was 22.41. The lowest was 10.14. And the median was 13.33.

TSX:DNG's Days Payable is ranked worse than
95.22% of 1067 companies
in the Metals & Mining industry
Industry Median: 128.84 vs TSX:DNG: 14.54

Dynacor Group's Days Payable declined from Dec. 2022 (18.91) to Dec. 2023 (14.85). It may suggest that Dynacor Group accelerated paying its suppliers.


Dynacor Group Days Payable Historical Data

The historical data trend for Dynacor Group'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.

Dynacor Group Days Payable Chart

Dynacor Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.47 22.41 15.54 17.61 16.72

Dynacor Group 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 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 18.91 15.69 13.42 12.26 14.85

Competitive Comparison of Dynacor Group's Days Payable

For the Other Precious Metals & Mining subindustry, Dynacor Group'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.


Dynacor Group's Days Payable Distribution in the Metals & Mining Industry

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

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



Dynacor Group 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.

Dynacor Group'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
=( (11.566 + 15.475) / 2 ) / 295.138*365
=13.5205 / 295.138*365
=16.72

Dynacor Group'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
=( (9.773 + 15.475) / 2 ) / 77.569*365 / 4
=12.624 / 77.569*365 / 4
=14.85

* 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.


Dynacor Group Days Payable Related Terms

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Dynacor Group (TSX:DNG) Business Description

Traded in Other Exchanges
Address
625 Rene-Levesque Boulevard West, Suite 1200, Montreal, QC, CAN, H3B 1R2
Dynacor Group Inc is a dividend-paying gold production Corporation. It is engaged in production activity through its government-approved ore processing operations. The company's operating segment is the mining sector, which is comprised of the exploration, evaluation, and processing of mineral resources. It produces and explores various properties in Peru such as Tumipampa and Anta. The company currently operates the plant in Veta Dorada. The firm generates revenue from the sales of precious metals derived from the ore processing operation.

Dynacor Group (TSX:DNG) Headlines

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