Yorbeau Resources (TSX:YRB) Days Payable : 280.51 (As of Dec. 2023)

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What is Yorbeau Resources Days Payable?

Yorbeau Resources's average Accounts Payable for the three months ended in Dec. 2023 was C$0.08 Mil. Yorbeau Resources's Cost of Goods Sold for the three months ended in Dec. 2023 was C$0.03 Mil. Hence, Yorbeau Resources's Days Payable for the three months ended in Dec. 2023 was 280.51.

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

TSX:YRB' s Days Payable Range Over the Past 10 Years
Min: 67.13 Med: 1324.81 Max: 15130.91
Current: 612.92

During the past 13 years, Yorbeau Resources's highest Days Payable was 15130.91. The lowest was 67.13. And the median was 1324.81.

TSX:YRB's Days Payable is ranked better than
63.67% of 1068 companies
in the Metals & Mining industry
Industry Median: 133.65 vs TSX:YRB: 612.92

Yorbeau Resources's Days Payable increased from Dec. 2022 (41.80) to Dec. 2023 (280.51). It may suggest that Yorbeau Resources delayed paying its suppliers.

Yorbeau Resources Days Payable Historical Data

The historical data trend for Yorbeau 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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Yorbeau Resources Days Payable Chart

Yorbeau Resources Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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88.08

92.36

91.96

67.13

1,324.81

Yorbeau Resources 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															41.80	886.43	-	470.66	280.51

Competitive Comparison of Yorbeau Resources's Days Payable

For the Gold subindustry, Yorbeau 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.

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

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

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

Yorbeau 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.

Yorbeau 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
=	( (0.083	+	0.113)	/	2 )	/	0.027	*	365
=	0.098					/	0.027	*	365
=	1,324.81

Yorbeau Resources'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
=	( (0.053	+	0.113)	/	2 )	/	0.027	*	365 / 4
=	0.083					/	0.027	*	365 / 4
=	280.51

Yorbeau Resources Days Payable Related Terms

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Yorbeau Resources (TSX:YRB) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

YRBAF:USA

Address

50 Boulevard Crémazie Ouest, Suite 403, Montreal, QC, CAN, H2P 2T1

Website

https://www.yorbeauresources.com

Yorbeau Resources Inc is involved in the exploration of mineral properties in the Province of Quebec. The company's project includes Rouyn Ellison, Beschefer, Scott Lake and many more. The operating segment of the company is Mining Exploration.

Executives

Jérôme Gendron

Director

Yorbeau Resources (TSX:YRB) Headlines

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