CopperCorp Resources (TSXV:CPER) Days Payable : 682.09 (As of Dec. 2023)

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What is CopperCorp Resources Days Payable?

CopperCorp Resources's average Accounts Payable for the three months ended in Dec. 2023 was C$0.15 Mil. CopperCorp Resources's Cost of Goods Sold for the three months ended in Dec. 2023 was C$0.02 Mil. Hence, CopperCorp Resources's Days Payable for the three months ended in Dec. 2023 was 682.09.

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

TSXV:CPER' s Days Payable Range Over the Past 10 Years
Min: 730 Med: 1035.07 Max: 1491.47
Current: 730

During the past 4 years, CopperCorp Resources's highest Days Payable was 1491.47. The lowest was 730.00. And the median was 1035.07.

TSXV:CPER's Days Payable is ranked better than
64.61% of 1068 companies
in the Metals & Mining industry
Industry Median: 135.555 vs TSXV:CPER: 730.00

CopperCorp Resources's Days Payable increased from Dec. 2022 (537.36) to Dec. 2023 (682.09). It may suggest that CopperCorp Resources delayed paying its suppliers.

CopperCorp Resources Days Payable Historical Data

The historical data trend for CopperCorp 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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CopperCorp Resources Days Payable Chart

CopperCorp Resources Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Payable

1,491.47

1,035.07

949.00

CopperCorp Resources Quarterly Data
	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial							537.36	864.34	676.77	487.47	682.09

Competitive Comparison of CopperCorp Resources's Days Payable

For the Copper subindustry, CopperCorp 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.

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

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

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

CopperCorp 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.

CopperCorp 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
=	( (0.184	+	0.206)	/	2 )	/	0.075	*	365
=	0.195					/	0.075	*	365
=	949.00

CopperCorp 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
=	( (0.093	+	0.206)	/	2 )	/	0.02	*	365 / 4
=	0.1495					/	0.02	*	365 / 4
=	682.09

CopperCorp Resources Days Payable Related Terms

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

CopperCorp Resources (TSXV:CPER) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

CPCPF:USA

Address

550 - 800 West Pender Street, Vancouver, BC, CAN, V6C 2V6

Website

https://www.coppercorpinc.com

CopperCorp Resources Inc is engaged in the business of exploration of mineral properties in Australia. Its objective is to explore, locate and potentially develop economic precious and base metals properties of merit. Its project portfolio includes AMC and Skyline projects.

CopperCorp Resources (TSXV:CPER) Headlines

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