Wealth Minerals (TSXV:WML) Days Payable : 0.00 (As of Feb. 2024)

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What is Wealth Minerals Days Payable?

Wealth Minerals's average Accounts Payable for the three months ended in Feb. 2024 was C$0.57 Mil. Wealth Minerals's Cost of Goods Sold for the three months ended in Feb. 2024 was C$0.00 Mil.

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

TSXV:WML' s Days Payable Range Over the Past 10 Years
Min: 27114.29 Med: 65198.13 Max: 148555
Current: 30112.5

During the past 13 years, Wealth Minerals's highest Days Payable was 148555.00. The lowest was 27114.29. And the median was 65198.13.

TSXV:WML's Days Payable is ranked better than
95.79% of 1068 companies
in the Metals & Mining industry
Industry Median: 135.555 vs TSXV:WML: 30112.50

Wealth Minerals's Days Payable declined from Feb. 2023 (17,839.38) to Feb. 2024 (0.00). It may suggest that Wealth Minerals accelerated paying its suppliers.

Wealth Minerals Days Payable Historical Data

The historical data trend for Wealth 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.

* Premium members only.

Wealth Minerals Days Payable Chart

Wealth Minerals Annual Data

Trend

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Days Payable

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73,456.25

148,555.00

143,262.50

93,348.75

27,114.29

Wealth Minerals Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Days Payable	Get a 7-Day Free Trial															17,839.38	13,003.13	22,744.06	31,321.56	-

Competitive Comparison of Wealth Minerals's Days Payable

For the Other Industrial Metals & Mining subindustry, Wealth 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.

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

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

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

Wealth 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.

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

	Days Payable (A: Nov. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Nov. 2022 )	+	Accounts Payable (A: Nov. 2023 ))	/	count )	/	Cost of Goods Sold (A: Nov. 2023 )	*	Days in Period
=	( (0.438	+	0.602)	/	2 )	/	0.007	*	365
=	0.52					/	0.007	*	365
=	27,114.29

Wealth Minerals's Days Payable for the quarter that ended in Feb. 2024 is calculated as:

	Days Payable (Q: Feb. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Nov. 2023 )	+	Accounts Payable (Q: Feb. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Feb. 2024 )	*	Days in Period
=	( (0.602	+	0.532)	/	2 )	/	0	*	365 / 4
=	0.567					/	0	*	365 / 4
=	N/A

Wealth Minerals Days Payable Related Terms

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Wealth Minerals (TSXV:WML) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Wealth Minerals Ltd (TSXV:WML) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

WMLLF:USA EJZN:Germany

Address

200 Granville Street, Suite 2710, Vancouver, BC, CAN, V6C 1S4

Website

https://www.wealthminerals.com

Wealth Minerals Ltd is an operator of a mineral resource company intended to serve in metals and minerals. The company's business activity is the exploration of minerals and the development of exploration and evaluation assets and includes other project portfolios, thereby focusing on the acquisition and development of lithium projects. The company operates in one industry segment, being mineral resources industry.

Executives

David Lies

Director

Wealth Minerals (TSXV:WML) Headlines

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