Trilogy Metals (TSX:TMQ) Days Payable : 18,934.38 (As of Feb. 2024)

View and export this data going back to 2012. Start your Free Trial

What is Trilogy Metals Days Payable?

Trilogy Metals's average Accounts Payable for the three months ended in Feb. 2024 was C$0.21 Mil. Trilogy Metals's Cost of Goods Sold for the three months ended in Feb. 2024 was C$0.00 Mil. Hence, Trilogy Metals's Days Payable for the three months ended in Feb. 2024 was 18,934.38.

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

TSX:TMQ' s Days Payable Range Over the Past 10 Years
Min: 7.86 Med: 34.47 Max: 8256.3
Current: 8256.3

During the past 13 years, Trilogy Metals's highest Days Payable was 8256.30. The lowest was 7.86. And the median was 34.47.

TSX:TMQ's Days Payable is ranked better than
86.81% of 1069 companies
in the Metals & Mining industry
Industry Median: 129.08 vs TSX:TMQ: 8256.30

Trilogy Metals's Days Payable increased from Feb. 2023 (8,988.13) to Feb. 2024 (18,934.38). It may suggest that Trilogy Metals delayed paying its suppliers.

Trilogy Metals Days Payable Historical Data

The historical data trend for Trilogy Metals'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.

Trilogy Metals Days Payable Chart

Trilogy Metals Annual Data

Trend

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Days Payable

Get a 7-Day Free Trial

12.22

127.04

3,881.63

4,054.67

7,515.68

Trilogy Metals Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Days Payable	Get a 7-Day Free Trial															8,988.13	9,003.33	5,748.75	4,927.50	18,934.38

Competitive Comparison of Trilogy Metals's Days Payable

For the Other Industrial Metals & Mining subindustry, Trilogy Metals'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.

Trilogy Metals's Days Payable Distribution in the Metals & Mining Industry

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

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

Trilogy Metals 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.

Trilogy Metals's Days Payable for the fiscal year that ended in Nov. 2023 is calculated as

	Days Payable (A: Nov. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Nov. 2022 )	+	Accounts Payable (A: Nov. 2023 ))	/	count )	/	Cost of Goods Sold (A: Nov. 2023 )	*	Days in Period
=	( (0.253	+	0.2)	/	2 )	/	0.011	*	365
=	0.2265					/	0.011	*	365
=	7,515.68

Trilogy Metals's Days Payable for the quarter that ended in Feb. 2024 is calculated as:

	Days Payable (Q: Feb. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Nov. 2023 )	+	Accounts Payable (Q: Feb. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Feb. 2024 )	*	Days in Period
=	( (0.2	+	0.215)	/	2 )	/	0.001	*	365 / 4
=	0.2075					/	0.001	*	365 / 4
=	18,934.38

Trilogy Metals Days Payable Related Terms

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

Trilogy Metals (TSX:TMQ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Trilogy Metals Inc (TSX:TMQ) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

TMQ:USA

Address

609 Granville Street, Suite 1150, Vancouver, BC, CAN, V7Y 1G5

Website

https://www.trilogymetals.com

Trilogy Metals Inc is an exploration stage company engaged in mineral exploration. The company focuses on exploring and developing its mineral resource properties, which include the Upper Kobuk Mineral Projects (UKMP or UKMP Projects), in the Ambler mining district located in Alaska, the United States. Its properties have the Arctic copper-zinc- lead-gold-silver project and other mineralized targets within a volcanogenic massive sulfide belt, and it also has a bornite carbonate-hosted copper project.

Executives

Elaine Sanders

Senior Officer