Alaska Energy Metals (TSXV:AEMC) Days Payable : 9,828.93 (As of Dec. 2023)

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What is Alaska Energy Metals Days Payable?

Alaska Energy Metals's average Accounts Payable for the three months ended in Dec. 2023 was C$0.75 Mil. Alaska Energy Metals's Cost of Goods Sold for the three months ended in Dec. 2023 was C$0.01 Mil. Hence, Alaska Energy Metals's Days Payable for the three months ended in Dec. 2023 was 9,828.93.

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

TSXV:AEMC' s Days Payable Range Over the Past 10 Years
Min: 48.15 Med: 2950.28 Max: 7181.04
Current: 7181.04

During the past 13 years, Alaska Energy Metals's highest Days Payable was 7181.04. The lowest was 48.15. And the median was 2950.28.

TSXV:AEMC's Days Payable is ranked better than
85.37% of 1066 companies
in the Metals & Mining industry
Industry Median: 131.36 vs TSXV:AEMC: 7181.04

Alaska Energy Metals's Days Payable increased from Dec. 2022 (1,068.04) to Dec. 2023 (9,828.93). It may suggest that Alaska Energy Metals delayed paying its suppliers.

Alaska Energy Metals Days Payable Historical Data

The historical data trend for Alaska Energy 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.

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Alaska Energy Metals Days Payable Chart

Alaska Energy Metals Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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220.78

1,355.18

2,805.35

1,450.52

6,183.94

Alaska Energy Metals 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															1,068.04	3,292.60	6,081.16	10,148.30	9,828.93

Competitive Comparison of Alaska Energy Metals's Days Payable

For the Other Precious Metals & Mining subindustry, Alaska Energy 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.

Alaska Energy Metals's Days Payable Distribution in the Metals & Mining Industry

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

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

Alaska Energy 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.

Alaska Energy Metals'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
=	( (0.215	+	0.666)	/	2 )	/	0.026	*	365
=	0.4405					/	0.026	*	365
=	6,183.94

Alaska Energy Metals'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
=	( (0.842	+	0.666)	/	2 )	/	0.007	*	365 / 4
=	0.754					/	0.007	*	365 / 4
=	9,828.93

Alaska Energy Metals Days Payable Related Terms

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Alaska Energy Metals (TSXV:AEMC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Alaska Energy Metals Corp (TSXV:AEMC) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

AKEMF:USA V7F:Germany V7F:Germany

Address

355 Burrard Street, Suite 1000, Vancouver, BC, CAN, V6C 2G8

Website

https://www.millrockresources.com

Alaska Energy Metals Corp is a Canada-based company engaged in the business activities of exploration and development of mineral resources. Through research and early-stage exploration, the company generates new exploration ideas, acquires mineral rights, and performs exploration work to identify drilling targets. The company derives revenue from contracts with customers through overhead recovery fees and exploration services. Its geographical segments include the USA, Mexico, and Canada, where the majority of its revenue comes from the USA.

Alaska Energy Metals (TSXV:AEMC) Headlines

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