Precipitate Gold (TSXV:PRG) Days Payable : 0.00 (As of Feb. 2024)

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What is Precipitate Gold Days Payable?

Precipitate Gold's average Accounts Payable for the three months ended in Feb. 2024 was C$0.00 Mil. Precipitate Gold's Cost of Goods Sold for the three months ended in Feb. 2024 was C$0.00 Mil. Hence, Precipitate Gold's Days Payable for the three months ended in Feb. 2024 was 0.00.

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

TSXV:PRG' s Days Payable Range Over the Past 10 Years
Min: 2898.53 Med: 4643.02 Max: 6387.5
Current: 3974.85

During the past 12 years, Precipitate Gold's highest Days Payable was 6387.50. The lowest was 2898.53. And the median was 4643.02.

TSXV:PRG's Days Payable is ranked better than
80.39% of 1066 companies
in the Metals & Mining industry
Industry Median: 137.515 vs TSXV:PRG: 3974.85

Precipitate Gold's Days Payable declined from Nov. 2022 (5,201.25) to Feb. 2024 (0.00). It may suggest that Precipitate Gold accelerated paying its suppliers.

Precipitate Gold Days Payable Historical Data

The historical data trend for Precipitate 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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Precipitate Gold Days Payable Chart

Precipitate Gold Annual Data

Trend

Nov13

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Days Payable

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2,898.53

6,387.50

Precipitate Gold Quarterly Data
	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Feb24
Days Payable	Get a 7-Day Free Trial															5,201.25	5,771.56	3,946.56	1,292.71	-

Competitive Comparison of Precipitate Gold's Days Payable

For the Gold subindustry, Precipitate 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.

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

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

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

Precipitate 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.

Precipitate Gold's Days Payable for the fiscal year that ended in Nov. 2022 is calculated as

	Days Payable (A: Nov. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Nov. 2021 )	+	Accounts Payable (A: Nov. 2022 ))	/	count )	/	Cost of Goods Sold (A: Nov. 2022 )	*	Days in Period
=	( (0.135	+	0.495)	/	2 )	/	0.018	*	365
=	0.315					/	0.018	*	365
=	6,387.50

Precipitate Gold's Days Payable for the quarter that ended in Feb. 2024 is calculated as:

	Days Payable (Q: Feb. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Aug. 2023 )	+	Accounts Payable (Q: Feb. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Feb. 2024 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0.001	*	365 / 4
=	0					/	0.001	*	365 / 4
=	0.00

Precipitate Gold Days Payable Related Terms

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Precipitate Gold (TSXV:PRG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Precipitate Gold Corp (TSXV:PRG) » Definitions » Days Payable

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PREIF:USA

Address

628 Howe Street, Suite 580, Vancouver, BC, CAN, V6C 2T6

Website

https://www.precipitategold.com

Precipitate Gold Corp is a Canadian resource company. Its principal activity is the acquisition and exploration of mineral properties in Canada, Mexico, and the Dominican Republic. The company's projects include Juan de Herrera & Escalibur Properties, Pueblo Grande & Ponton Properties, Motherlode Gold Project, and Ace Gold Project.

Executives

Adrian Wallace Fleming

Director