Goldex Resources (Goldex Resources) Days Payable : 0.00 (As of Sep. 2023)

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What is Goldex Resources Days Payable?

Goldex Resources's average Accounts Payable for the three months ended in Sep. 2023 was $0.08 Mil. Goldex Resources's Cost of Goods Sold for the three months ended in Sep. 2023 was $0.00 Mil.

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

During the past 13 years, Goldex Resources's highest Days Payable was 66612.50. The lowest was 3762.31. And the median was 15330.00.

GDXRF's Days Payable is not ranked ^*
in the Metals & Mining industry.
Industry Median: 129.525
* Ranked among companies with meaningful Days Payable only.

Goldex Resources's Days Payable stayed the same from Jun. 2022 (0.00) to Sep. 2023 (0.00). stayed the same

Goldex Resources Days Payable Historical Data

The historical data trend for Goldex Resources'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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Goldex Resources Days Payable Chart

Goldex Resources Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

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58,582.50

4,446.36

3,759.50

17,885.00

Goldex Resources Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23
Days Payable	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Goldex Resources's Days Payable

For the Gold subindustry, Goldex Resources'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.

Goldex Resources's Days Payable Distribution in the Metals & Mining Industry

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

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

Goldex Resources 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.

Goldex Resources'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
=	( (0.091	+	0.093)	/	2 )	/	0	*	365
=	0.092					/	0	*	365
=	N/A

Goldex Resources'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: Mar. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (0.075	+	0.075)	/	2 )	/	0	*	365 / 4
=	0.075					/	0	*	365 / 4
=	N/A

Goldex Resources Days Payable Related Terms

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Goldex Resources (Goldex Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Goldex Resources Corp (OTCPK:GDXRF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

G6T2:Germany GDX:Canada

Address

610 - 700 West Pender Street, Vancouver, BC, CAN, V6C 1G8

Website

http://www.goldex.ca

Goldex Resources Corp is engaged in the process of exploring mineral interests. The company is principally involved in the acquisition and exploration of gold exploration and evaluation assets. Some of its properties are El Pato, Las Minas and Silimanita and San Juan. Geographically, it operates in Canada and Guatemala.

Goldex Resources (Goldex Resources) Headlines

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