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Euro Manganese (Euro Manganese) Days Payable : 316.12 (As of Mar. 2024)


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What is Euro Manganese Days Payable?

Euro Manganese's average Accounts Payable for the three months ended in Mar. 2024 was $3.89 Mil. Euro Manganese's Cost of Goods Sold for the three months ended in Mar. 2024 was $1.12 Mil. Hence, Euro Manganese's Days Payable for the three months ended in Mar. 2024 was 316.12.

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

EUMNF' s Days Payable Range Over the Past 10 Years
Min: 827.24   Med: 7044.68   Max: 62050
Current: 827.24

During the past 6 years, Euro Manganese's highest Days Payable was 62050.00. The lowest was 827.24. And the median was 7044.68.

EUMNF's Days Payable is ranked better than
65.76% of 1069 companies
in the Metals & Mining industry
Industry Median: 138.32 vs EUMNF: 827.24

Euro Manganese's Days Payable declined from Dec. 2022 (2,644.27) to Mar. 2024 (316.12). It may suggest that Euro Manganese accelerated paying its suppliers.


Euro Manganese Days Payable Historical Data

The historical data trend for Euro Manganese'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.

Euro Manganese Days Payable Chart

Euro Manganese Annual Data
Trend Sep17 Sep18 Sep19 Sep20 Sep21 Sep22
Days Payable
Get a 7-Day Free Trial 36,427.00 11,771.25 1,919.63 1,809.23 2,562.66

Euro Manganese Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Dec23 Mar24
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 2,644.27 - 3,275.88 2,982.00 316.12

Competitive Comparison of Euro Manganese's Days Payable

For the Other Industrial Metals & Mining subindustry, Euro Manganese'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.


Euro Manganese's Days Payable Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Euro Manganese's Days Payable falls into.



Euro Manganese 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.

Euro Manganese's Days Payable for the fiscal year that ended in Sep. 2022 is calculated as

Days Payable (A: Sep. 2022 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Sep. 2021 ) + Accounts Payable (A: Sep. 2022 )) / count ) / Cost of Goods Sold (A: Sep. 2022 )*Days in Period
=( (0.675 + 1.333) / 2 ) / 0.143*365
=1.004 / 0.143*365
=2,562.66

Euro Manganese'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: Dec. 2023 ) + Accounts Payable (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (3.515 + 4.266) / 2 ) / 1.123*365 / 4
=3.8905 / 1.123*365 / 4
=316.12

* 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.


Euro Manganese Days Payable Related Terms

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Euro Manganese (Euro Manganese) Business Description

Traded in Other Exchanges
Address
700 West Pender Street, Suite 709, Vancouver, BC, CAN, V6C 1G8
Euro Manganese Inc is a Canada-based mineral exploration company. It is mainly engaged in the evaluation and development of the Chvaletice manganese project for the production of high-purity electrolytic manganese metal and high-purity manganese sulphate monohydrate ("HPMSM") and other high-purity manganese products.