Angus Gold (TSXV:GUS) Days Payable : 13,641.88 (As of Oct. 2023)

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What is Angus Gold Days Payable?

Angus Gold's average Accounts Payable for the three months ended in Oct. 2023 was C$0.30 Mil. Angus Gold's Cost of Goods Sold for the three months ended in Oct. 2023 was C$0.00 Mil. Hence, Angus Gold's Days Payable for the three months ended in Oct. 2023 was 13,641.88.

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

TSXV:GUS' s Days Payable Range Over the Past 10 Years
Min: 91.25 Med: 5209.94 Max: 22547.88
Current: 22547.88

During the past 7 years, Angus Gold's highest Days Payable was 22547.88. The lowest was 91.25. And the median was 5209.94.

TSXV:GUS's Days Payable is ranked better than
93.93% of 1071 companies
in the Metals & Mining industry
Industry Median: 130.91 vs TSXV:GUS: 22547.88

Angus Gold's Days Payable declined from Oct. 2022 (42,385.63) to Oct. 2023 (13,641.88). It may suggest that Angus Gold accelerated paying its suppliers.

Angus Gold Days Payable Historical Data

The historical data trend for Angus Gold'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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Angus Gold Days Payable Chart

Angus Gold Annual Data

Trend

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Days Payable

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6,144.17

4,275.71

16,503.21

Angus Gold Quarterly Data
	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23
Days Payable	Get a 7-Day Free Trial															42,385.63	39,442.81	15,398.44	9,649.69	13,641.88

Competitive Comparison of Angus Gold's Days Payable

For the Gold subindustry, Angus Gold'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.

Angus Gold's Days Payable Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Angus Gold's Days Payable falls into.

Angus Gold 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.

Angus Gold's Days Payable for the fiscal year that ended in Jan. 2023 is calculated as

	Days Payable (A: Jan. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jan. 2022 )	+	Accounts Payable (A: Jan. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jan. 2023 )	*	Days in Period
=	( (0.102	+	0.531)	/	2 )	/	0.007	*	365
=	0.3165					/	0.007	*	365
=	16,503.21

Angus Gold's Days Payable for the quarter that ended in Oct. 2023 is calculated as:

	Days Payable (Q: Oct. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jul. 2023 )	+	Accounts Payable (Q: Oct. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Oct. 2023 )	*	Days in Period
=	( (0.279	+	0.319)	/	2 )	/	0.002	*	365 / 4
=	0.299					/	0.002	*	365 / 4
=	13,641.88

Angus Gold Days Payable Related Terms

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

Angus Gold (TSXV:GUS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Angus Gold Inc (TSXV:GUS) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

ANGVF:USA

Address

18 King Street East, Suite 902, Toronto, ON, CAN, M5C 1C4

Website

https://www.angusgold.com

Angus Gold Inc is a gold exploration company focused on the acquisition, exploration, and development of mineral properties. Its principal project is Golden Sky, located in Wawa, Ontario.

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