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FPX Nickel (TSXV:FPX) Days Payable : 1,637.03 (As of Dec. 2023)


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What is FPX Nickel Days Payable?

FPX Nickel's average Accounts Payable for the three months ended in Dec. 2023 was C$0.90 Mil. FPX Nickel's Cost of Goods Sold for the three months ended in Dec. 2023 was C$0.05 Mil. Hence, FPX Nickel's Days Payable for the three months ended in Dec. 2023 was 1,637.03.

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

TSXV:FPX' s Days Payable Range Over the Past 10 Years
Min: 330.78   Med: 1624.34   Max: 3832.5
Current: 2931.41

During the past 13 years, FPX Nickel's highest Days Payable was 3832.50. The lowest was 330.78. And the median was 1624.34.

TSXV:FPX's Days Payable is ranked better than
77.06% of 1068 companies
in the Metals & Mining industry
Industry Median: 129.525 vs TSXV:FPX: 2931.41

FPX Nickel's Days Payable declined from Sep. 2022 (4,668.16) to Dec. 2023 (1,637.03). It may suggest that FPX Nickel accelerated paying its suppliers.

FPX Nickel Days Payable Historical Data

The historical data trend for FPX Nickel'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.

FPX Nickel Days Payable Chart

FPX Nickel Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 330.78 792.73 1,896.57 1,974.32 1,362.84

FPX Nickel Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4,668.16 2,712.15 2,816.31 2,475.16 1,637.03

Competitive Comparison of FPX Nickel's Days Payable

For the Other Industrial Metals & Mining subindustry, FPX Nickel'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.

FPX Nickel's Days Payable Distribution in the Metals & Mining Industry

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

* The bar in red indicates where FPX Nickel's Days Payable falls into.


FPX Nickel 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.

FPX Nickel'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
=( (0.519 + 0) / 1 ) / 0.139*365
=0.519 / 0.139*365
=1,362.84

FPX Nickel'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
=( (0.897 + 0) / 1 ) / 0.05*365 / 4
=0.897 / 0.05*365 / 4
=1,637.03

* 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.

FPX Nickel Days Payable Related Terms

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FPX Nickel (TSXV:FPX) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » FPX Nickel Corp (TSXV:FPX) » Definitions » Days Payable
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Traded in Other Exchanges
FPOCF:USA FP5:Germany
Address
1155 West Pender Street, Suite 320, Vancouver, BC, CAN, V6E 2P4
Website
https://www.fpxnickel.com
FPX Nickel Corp focuses is involved in the acquisition and exploration of mineral property interests that are considered potential sites of economic mineralization. Its projects portfolio includes Decar Nickel District, Mich Property, Yukon; Orca Property; Wale Property; and Klow Property; in British Columbia.
Executives
Allyn Knoche 10% Security Holder