Osisko Development (TSXV:ODV) Days Payable : 489.07 (As of Mar. 2024)

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What is Osisko Development Days Payable?

Osisko Development's average Accounts Payable for the three months ended in Mar. 2024 was C$10.58 Mil. Osisko Development's Cost of Goods Sold for the three months ended in Mar. 2024 was C$1.97 Mil. Hence, Osisko Development's Days Payable for the three months ended in Mar. 2024 was 489.07.

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

TSXV:ODV' s Days Payable Range Over the Past 10 Years
Min: 95.77 Med: 377.29 Max: 16121.36
Current: 163.19

During the past 5 years, Osisko Development's highest Days Payable was 16121.36. The lowest was 95.77. And the median was 377.29.

TSXV:ODV's Days Payable is ranked better than
53.75% of 1068 companies
in the Metals & Mining industry
Industry Median: 129.525 vs TSXV:ODV: 163.19

Osisko Development's Days Payable increased from Mar. 2023 (335.48) to Mar. 2024 (489.07). It may suggest that Osisko Development delayed paying its suppliers.

Osisko Development Days Payable Historical Data

The historical data trend for Osisko Development'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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Osisko Development Days Payable Chart

Osisko Development Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

16,121.36

593.82

95.77

160.75

Osisko Development Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial													335.48	105.97	108.45	158.81	489.07

Competitive Comparison of Osisko Development's Days Payable

For the Gold subindustry, Osisko Development'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.

Osisko Development's Days Payable Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Osisko Development's Days Payable falls into.

Osisko Development 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.

Osisko Development'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
=	( (18.057	+	10.58)	/	2 )	/	32.512	*	365
=	14.3185					/	32.512	*	365
=	160.75

Osisko Development's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (10.58	+	0)	/	1 )	/	1.974	*	365 / 4
=	10.58					/	1.974	*	365 / 4
=	489.07

Osisko Development Days Payable Related Terms

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Osisko Development (TSXV:ODV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Osisko Development Corp (TSXV:ODV) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

ODV:USA 3OZ0:Germany 3OZ0:Germany

Address

1100, Avenue des Canadiens-de-Montreal, Suite 300, P.O. Box 211, Montreal, QC, CAN, H3B 2S2

Website

https://www.osiskodev.com

Osisko Development Corp is a mineral exploration and development company engaged in the acquisition, exploration and development of precious metals resource properties in North America. The company is focused on exploring and developing its mining assets, including the Cariboo Gold Project in British Columbia, the San Antonio gold project in Mexico and the Trixie test mine in the USA. The Company manages its business through the exploration, evaluation and development activities of its projects.

Executives

Maggie Elizabeth Layman

Senior Officer