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Waraba Gold (XCNQ:WBGD) Days Payable : 910.33 (As of Jan. 2024)


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What is Waraba Gold Days Payable?

Waraba Gold's average Accounts Payable for the three months ended in Jan. 2024 was C$0.21 Mil. Waraba Gold's Cost of Goods Sold for the three months ended in Jan. 2024 was C$0.02 Mil. Hence, Waraba Gold's Days Payable for the three months ended in Jan. 2024 was 910.33.

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

XCNQ:WBGD' s Days Payable Range Over the Past 10 Years
Min: 1022   Med: 1423.98   Max: 5657.5
Current: 1022

During the past 7 years, Waraba Gold's highest Days Payable was 5657.50. The lowest was 1022.00. And the median was 1423.98.

XCNQ:WBGD's Days Payable is ranked better than
67.26% of 1066 companies
in the Metals & Mining industry
Industry Median: 131.36 vs XCNQ:WBGD: 1022.00

Waraba Gold's Days Payable increased from Jan. 2023 (775.63) to Jan. 2024 (910.33). It may suggest that Waraba Gold delayed paying its suppliers.


Waraba Gold Days Payable Historical Data

The historical data trend for Waraba 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.

* Premium members only.

Waraba Gold Days Payable Chart

Waraba Gold Annual Data
Trend Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Days Payable
Get a 7-Day Free Trial - - 5,657.50 1,304.27 1,423.98

Waraba Gold Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 775.63 1,445.96 992.34 980.94 910.33

Competitive Comparison of Waraba Gold's Days Payable

For the Other Industrial Metals & Mining subindustry, Waraba 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.


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

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

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



Waraba 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.

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

Days Payable (A: Jul. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jul. 2022 ) + Accounts Payable (A: Jul. 2023 )) / count ) / Cost of Goods Sold (A: Jul. 2023 )*Days in Period
=( (0.388 + 0.205) / 2 ) / 0.076*365
=0.2965 / 0.076*365
=1,423.98

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

Days Payable (Q: Jan. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Oct. 2023 ) + Accounts Payable (Q: Jan. 2024 )) / count ) / Cost of Goods Sold (Q: Jan. 2024 )*Days in Period
=( (0.225 + 0.194) / 2 ) / 0.021*365 / 4
=0.2095 / 0.021*365 / 4
=910.33

* 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.


Waraba Gold Days Payable Related Terms

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Waraba Gold (XCNQ:WBGD) Business Description

Traded in Other Exchanges
Address
750 West Pender Street, Suite 401, Vancouver, BC, CAN, V6C 2T7
Waraba Gold Ltd is a mineral exploration company in British Columbia, Canada. It is engaged in acquiring and exploring mineral properties. The projects carried out by the company include Mali Gold Project and Scotch Creek Property. The Company operates in a single reportable operating segment; exploration and evaluation business in two geographical areas, Canada, and Mali.

Waraba Gold (XCNQ:WBGD) Headlines

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