Aldebaran Resources (TSXV:ALDE) Days Payable : 4,094.84 (As of Dec. 2023)

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What is Aldebaran Resources Days Payable?

Aldebaran Resources's average Accounts Payable for the three months ended in Dec. 2023 was C$0.36 Mil. Aldebaran Resources's Cost of Goods Sold for the three months ended in Dec. 2023 was C$0.01 Mil. Hence, Aldebaran Resources's Days Payable for the three months ended in Dec. 2023 was 4,094.84.

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

TSXV:ALDE' s Days Payable Range Over the Past 10 Years
Min: 0 Med: 0 Max: 7251.33
Current: 7251.33

During the past 6 years, Aldebaran Resources's highest Days Payable was 7251.33. The lowest was 0.00. And the median was 0.00.

TSXV:ALDE's Days Payable is ranked better than
85.59% of 1069 companies
in the Metals & Mining industry
Industry Median: 129.08 vs TSXV:ALDE: 7251.33

Aldebaran Resources's Days Payable declined from Dec. 2022 (8,623.13) to Dec. 2023 (4,094.84). It may suggest that Aldebaran Resources accelerated paying its suppliers.

Aldebaran Resources Days Payable Historical Data

The historical data trend for Aldebaran 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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Aldebaran Resources Days Payable Chart

Aldebaran Resources Annual Data

Trend

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Payable

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Aldebaran 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															8,623.13	5,383.75	-	-	4,094.84

Competitive Comparison of Aldebaran Resources's Days Payable

For the Other Industrial Metals & Mining subindustry, Aldebaran 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.

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

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

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

Aldebaran 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.

Aldebaran Resources's Days Payable for the fiscal year that ended in Jun. 2023 is calculated as

	Days Payable (A: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2022 )	+	Accounts Payable (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (0.554	+	0.058)	/	2 )	/	0	*	365
=	0.306					/	0	*	365
=	N/A

Aldebaran 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
=	( (0.407	+	0.311)	/	2 )	/	0.008	*	365 / 4
=	0.359					/	0.008	*	365 / 4
=	4,094.84

Aldebaran Resources Days Payable Related Terms

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Aldebaran Resources (TSXV:ALDE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Aldebaran Resources Inc (TSXV:ALDE) » Definitions » Days Payable

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ADBRF:USA

Address

200 Granville Street, Suite 2710, Vancouver, BC, CAN, V6C 1S4

Website

https://www.aldebaranresources.com

Aldebaran Resources Inc is a Canadian mineral exploration company. Aldebaran has the right to earn from the Altar copper-gold project in San Juan Province, Argentina from Sibanye Stillwater. Altar hosts a large porphyry copper-gold system with mineralization currently defined in three distinct zones and forms part of a cluster of porphyry copper deposits which includes Los Pelambres (Antofagasta Minerals), El Pachon (Glencore), and Los Azules (McEwen Mining). The firm is focused on the Altar project with a view to discovering new zones with higher-grade mineralization.

Aldebaran Resources (TSXV:ALDE) Headlines

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