Comstock Days Payables Outstanding from 2010 to 2024

LODE Stock  USD 0.39  0.04  9.30%   
Comstock Mining's Days Payables Outstanding is increasing over the years with stable fluctuation. Overall, Days Payables Outstanding is expected to go to 115.52 this year. During the period from 2010 to 2024 Comstock Mining Days Payables Outstanding annual values regression line had geometric mean of  88.99 and mean square error of  42,334. View All Fundamentals
 
Days Payables Outstanding  
First Reported
2010-12-31
Previous Quarter
62.94
Current Value
115.52
Quarterly Volatility
204.16270018
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Comstock Mining financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Comstock Mining's main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.5 M, Interest Expense of 1.5 M or Selling General Administrative of 12 M, as well as many indicators such as Price To Sales Ratio of 42.94, Dividend Yield of 0.0 or PTB Ratio of 0.77. Comstock financial statements analysis is a perfect complement when working with Comstock Mining Valuation or Volatility modules.
  
Check out the analysis of Comstock Mining Correlation against competitors.
For information on how to trade Comstock Stock refer to our How to Trade Comstock Stock guide.

Latest Comstock Mining's Days Payables Outstanding Growth Pattern

Below is the plot of the Days Payables Outstanding of Comstock Mining over the last few years. It is Comstock Mining's Days Payables Outstanding historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Comstock Mining's overall financial position and show how it may be relating to other accounts over time.
Days Payables Outstanding10 Years Trend
Pretty Stable
   Days Payables Outstanding   
       Timeline  

Comstock Days Payables Outstanding Regression Statistics

Arithmetic Mean139.77
Geometric Mean88.99
Coefficient Of Variation146.07
Mean Deviation114.11
Median65.22
Standard Deviation204.16
Sample Variance41,682
Range816
R-Value0.24
Mean Square Error42,334
R-Squared0.06
Significance0.39
Slope10.89
Total Sum of Squares583,554

Comstock Days Payables Outstanding History

2024 115.52
2023 62.94
2022 69.94
2021 849.47
2020 100.88
2019 219.19
2018 52.7

About Comstock Mining Financial Statements

Comstock Mining stakeholders use historical fundamental indicators, such as Comstock Mining's Days Payables Outstanding, to determine how well the company is positioned to perform in the future. Although Comstock Mining investors may analyze each financial statement separately, they are all interrelated. For example, changes in Comstock Mining's assets and liabilities are reflected in the revenues and expenses on Comstock Mining's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Comstock Mining. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Days Payables Outstanding 62.94  115.52 

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When determining whether Comstock Mining is a strong investment it is important to analyze Comstock Mining's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Comstock Mining's future performance. For an informed investment choice regarding Comstock Stock, refer to the following important reports:
Check out the analysis of Comstock Mining Correlation against competitors.
For information on how to trade Comstock Stock refer to our How to Trade Comstock Stock guide.
You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Comstock Mining. If investors know Comstock will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Comstock Mining listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
26.933
Earnings Share
(0.11)
Revenue Per Share
0.013
Quarterly Revenue Growth
(0.27)
Return On Assets
(0.12)
The market value of Comstock Mining is measured differently than its book value, which is the value of Comstock that is recorded on the company's balance sheet. Investors also form their own opinion of Comstock Mining's value that differs from its market value or its book value, called intrinsic value, which is Comstock Mining's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Comstock Mining's market value can be influenced by many factors that don't directly affect Comstock Mining's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Comstock Mining's value and its price as these two are different measures arrived at by different means. Investors typically determine if Comstock Mining is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Comstock Mining's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.