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US Goldmining (US Goldmining) Days Payable : 923.45 (As of Mar. 2024)


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What is US Goldmining Days Payable?

US Goldmining's average Accounts Payable for the three months ended in Mar. 2024 was $0.25 Mil. US Goldmining's Cost of Goods Sold for the three months ended in Mar. 2024 was $0.03 Mil. Hence, US Goldmining's Days Payable for the three months ended in Mar. 2024 was 923.45.

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

USGO' s Days Payable Range Over the Past 10 Years
Min: 0   Med: 0   Max: 5124.6
Current: 5124.6

During the past 3 years, US Goldmining's highest Days Payable was 5124.60. The lowest was 0.00. And the median was 0.00.

USGO's Days Payable is ranked better than
82.47% of 1067 companies
in the Metals & Mining industry
Industry Median: 131.81 vs USGO: 5124.60

US Goldmining's Days Payable increased from Feb. 2023 (0.00) to Mar. 2024 (923.45). It may suggest that US Goldmining delayed paying its suppliers.

US Goldmining Days Payable Historical Data

The historical data trend for US Goldmining'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.

US Goldmining Days Payable Chart

US Goldmining Annual Data
Trend Nov20 Nov21 Nov22
Days Payable
- - -

US Goldmining Quarterly Data
Nov20 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Mar24
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only - - - - 923.45

Competitive Comparison of US Goldmining's Days Payable

For the Other Industrial Metals & Mining subindustry, US Goldmining'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.

US Goldmining's Days Payable Distribution in the Metals & Mining Industry

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

* The bar in red indicates where US Goldmining's Days Payable falls into.


US Goldmining 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.

US Goldmining'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 + 0.466) / 1 ) / 0*365
=0.466 / 0*365
=N/A

US Goldmining'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: Nov. 2023 ) + Accounts Payable (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (0.198 + 0.308) / 2 ) / 0.025*365 / 4
=0.253 / 0.025*365 / 4
=923.45

* 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.

US Goldmining Days Payable Related Terms

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

US Goldmining (US Goldmining) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » US Goldmining Inc (NAS:USGO) » Definitions » Days Payable
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Traded in Other Exchanges
Q0G:Germany
Address
1030 West Georgia Street, Suite 1830, Vancouver, BC, CAN, V6E 2Y3
Website
https://www.us.goldmining.com
US Goldmining Inc is a mineral exploration and development company. It is a focused on the exploration and development of a project located in Alaska, USA. The company's sole property is Whistler Project which is a gold-copper exploration project located in the Yentna Mining District, approximately 150 km northwest of Anchorage, Alaska.
Executives
Goldmining Inc. 10 percent owner 1188 WEST GEORGIA STREET, SUITE 1830, VANCOUVER A1 V6E 4A2
Aleksandra Bukacheva director 1030 WEST GEORGIA STREET, SUITE 1830, VANCOUVER, BC Z4 V6E 2Y3
Garnet Linn Dawson director 1030 WEST GEORGIA STREET, SUITE 1830, VANCOUVER, BC Z4 V6E 2Y3
Ross Lawrence Sherlock director 1030 WEST GEORGIA STREET, SUITE 1830, VANCOUVER, BC Z4 V6E 2Y3
Laura Schmidt director 1030 WEST GEORGIA STREET, SUITE 1830, VANCOUVER, BC Z4 V6E 2Y3
Alastair Charles Still director 1030 WEST GEORGIA STREET, SUITE 1830, VANCOUVER, BC Z4 V6E 2Y3
Timothy Robert Smith officer: Chief Executive Officer 1030 WEST GEORGIA STREET, SUITE 1830, VANCOUVER, BC Z4 V6E 2Y3
Lisa Jean Wade director 1030 WEST GEORGIA STREET, SUITE 1830, VANCOUVER, BC Z4 V6E 2Y3
Tyler Michael Wong officer: Chief Financial Officer 1030 WEST GEORGIA STREET, SUITE 1830, VANCOUVER, BC Z4 V6E 2Y3