Silver Tiger Metals (TSXV:SLVR) Days Payable : 157,497.50 (As of Dec. 2023)

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What is Silver Tiger Metals Days Payable?

Silver Tiger Metals's average Accounts Payable for the three months ended in Dec. 2023 was C$1.73 Mil. Silver Tiger Metals's Cost of Goods Sold for the three months ended in Dec. 2023 was C$0.00 Mil. Hence, Silver Tiger Metals's Days Payable for the three months ended in Dec. 2023 was 157,497.50.

The historical rank and industry rank for Silver Tiger Metals's Days Payable or its related term are showing as below:

TSXV:SLVR' s Days Payable Range Over the Past 10 Years
Min: 19527.5 Med: 45227.23 Max: 1163072.5
Current: 269370

During the past 13 years, Silver Tiger Metals's highest Days Payable was 1163072.50. The lowest was 19527.50. And the median was 45227.23.

TSXV:SLVR's Days Payable is ranked better than
99.63% of 1068 companies
in the Metals & Mining industry
Industry Median: 135.555 vs TSXV:SLVR: 269370.00

Silver Tiger Metals's Days Payable declined from Dec. 2022 (207,730.63) to Dec. 2023 (157,497.50). It may suggest that Silver Tiger Metals accelerated paying its suppliers.

Silver Tiger Metals Days Payable Historical Data

The historical data trend for Silver Tiger Metals'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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Silver Tiger Metals Days Payable Chart

Silver Tiger Metals Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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19,527.50

22,041.29

68,413.17

1,163,072.50

Silver Tiger Metals Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															207,730.63	-	242,770.63	180,264.38	157,497.50

Competitive Comparison of Silver Tiger Metals's Days Payable

For the Other Precious Metals & Mining subindustry, Silver Tiger Metals'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.

Silver Tiger Metals's Days Payable Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Silver Tiger Metals's Days Payable falls into.

Silver Tiger Metals 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.

Silver Tiger Metals's Days Payable for the fiscal year that ended in Mar. 2023 is calculated as

	Days Payable (A: Mar. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2022 )	+	Accounts Payable (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (3.707	+	2.666)	/	2 )	/	0.001	*	365
=	3.1865					/	0.001	*	365
=	1,163,072.50

Silver Tiger Metals'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
=	( (1.296	+	2.156)	/	2 )	/	0.001	*	365 / 4
=	1.726					/	0.001	*	365 / 4
=	157,497.50

Silver Tiger Metals Days Payable Related Terms

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Silver Tiger Metals (TSXV:SLVR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Silver Tiger Metals Inc (TSXV:SLVR) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

SLVTF:USA 1OC:Germany

Address

2446 Purcells Cove Road, Halifax, NS, CAN, B3P 2E6

Website

https://www.silvertigermetals.com

Silver Tiger Metals Inc is a Canada-based mineral exploration company. The company is engaged in exploring silver, gold, and base metals. The company's project includes El Tigre Project which is located in Sonora, Mexico.