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The Mint (The Mint) Days Payable : 0.00 (As of Sep. 2023)


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What is The Mint Days Payable?

The Mint's average Accounts Payable for the three months ended in Sep. 2023 was $0.04 Mil. The Mint's Cost of Goods Sold for the three months ended in Sep. 2023 was $0.00 Mil.

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

During the past 13 years, The Mint's highest Days Payable was 7940.78. The lowest was 17.54. And the median was 89.00.

MITJF's Days Payable is not ranked *
in the Credit Services industry.
Industry Median: 48.78
* Ranked among companies with meaningful Days Payable only.

The Mint's Days Payable stayed the same from Sep. 2022 (0.00) to Sep. 2023 (0.00). stayed the same


The Mint Days Payable Historical Data

The historical data trend for The Mint'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.

The Mint Days Payable Chart

The Mint Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 367.64 59.42 28.37 17.55 -

The Mint Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 - - - - -

Competitive Comparison of The Mint's Days Payable

For the Credit Services subindustry, The Mint'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.


The Mint's Days Payable Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, The Mint's Days Payable distribution charts can be found below:

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



The Mint 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.

The Mint's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

Days Payable (A: Dec. 2022 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2021 ) + Accounts Payable (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (0.081 + 0.11) / 2 ) / 0*365
=0.0955 / 0*365
=N/A

The Mint's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

Days Payable (Q: Sep. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2023 ) + Accounts Payable (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (0.063 + 0.025) / 2 ) / 0*365 / 4
=0.044 / 0*365 / 4
=N/A

* 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.


The Mint Days Payable Related Terms

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The Mint (The Mint) Business Description

Traded in Other Exchanges
Address
333 Bay Street, Suite 1700, Toronto, ON, CAN, M5H 2R2
The Mint Corp, through its subsidiaries, is a globally certified payments company focused on offering financial services to the unbanked salaried worker in the United Arab Emirates (UAE). The Group manages the issuance, administration, customer support, payment processing, and set-up and reporting of payroll cards. In addition, it also provides additional services to cardholders, including mobile airtime top-up and mobile payments.

The Mint (The Mint) Headlines

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