Orex Minerals (Orex Minerals) Days Payable : 0.00 (As of Jan. 2024)

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What is Orex Minerals Days Payable?

Orex Minerals's average Accounts Payable for the three months ended in Jan. 2024 was $0.00 Mil. Orex Minerals's Cost of Goods Sold for the three months ended in Jan. 2024 was $0.00 Mil. Hence, Orex Minerals's Days Payable for the three months ended in Jan. 2024 was 0.00.

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

ORMNF's Days Payable is not ranked ^*
in the Metals & Mining industry.
Industry Median: 136.005
* Ranked among companies with meaningful Days Payable only.

Orex Minerals's Days Payable stayed the same from Jan. 2023 (0.00) to Jan. 2024 (0.00). stayed the same

Orex Minerals Days Payable Historical Data

The historical data trend for Orex Minerals'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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Orex Minerals Days Payable Chart

Orex Minerals Annual Data

Trend

Apr14

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Apr19

Apr20

Apr21

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Apr23

Days Payable

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Orex Minerals 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															-	-	-	-	-

Competitive Comparison of Orex Minerals's Days Payable

For the Other Industrial Metals & Mining subindustry, Orex Minerals'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.

Orex Minerals's Days Payable Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Orex Minerals's Days Payable falls into.

Orex Minerals 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.

Orex Minerals's Days Payable for the fiscal year that ended in Apr. 2023 is calculated as

	Days Payable (A: Apr. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Apr. 2022 )	+	Accounts Payable (A: Apr. 2023 ))	/	count )	/	Cost of Goods Sold (A: Apr. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0.003	*	365
=	0					/	0.003	*	365
=	0.00

Orex Minerals'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	+	0)	/	1 )	/	0.001	*	365 / 4
=	0					/	0.001	*	365 / 4
=	0.00

Orex Minerals Days Payable Related Terms

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Orex Minerals (Orex Minerals) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Orex Minerals Inc (OTCPK:ORMNF) » Definitions » Days Payable

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Traded in Other Exchanges

ORS0:Germany REX:Canada

Address

1055 West Hastings Street, Suite 300, Vancouver, BC, CAN, V6E 2E9

Website

https://www.orexminerals.com

Orex Minerals Inc is a Canadian-based mineral exploration company. It has a portfolio of gold, silver, and copper exploration projects on renowned mineral trends in Mexico and Canada. The company manages projects like Coneto, Sandra, and Jumping Josephine. It is in the process of exploring and evaluating its resource properties and has not yet determined whether any of its properties contain economically recoverable ore reserves.