ARSMF (Ares Strategic Mining) Days Payable : 0.00 (As of Dec. 2024)

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What is Ares Strategic Mining Days Payable?

Ares Strategic Mining's average Accounts Payable for the three months ended in Dec. 2024 was $0.00 Mil. Ares Strategic Mining's Cost of Goods Sold for the three months ended in Dec. 2024 was $0.01 Mil. Hence, Ares Strategic Mining's Days Payable for the three months ended in Dec. 2024 was 0.00.

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

ARSMF's Days Payable is not ranked ^*
in the Metals & Mining industry.
Industry Median: 133.8
* Ranked among companies with meaningful Days Payable only.

Ares Strategic Mining's Days Payable stayed the same from Dec. 2023 (0.00) to Dec. 2024 (0.00). stayed the same

Ares Strategic Mining Days Payable Historical Data

The historical data trend for Ares Strategic Mining'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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Ares Strategic Mining Days Payable Chart

Ares Strategic Mining Annual Data

Trend

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Sep24

Days Payable

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Ares Strategic Mining Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Payable	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Ares Strategic Mining's Days Payable

For the Other Industrial Metals & Mining subindustry, Ares Strategic Mining'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.

Ares Strategic Mining's Days Payable Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Ares Strategic Mining's Days Payable falls into.

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Ares Strategic Mining 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.

Ares Strategic Mining's Days Payable for the fiscal year that ended in Sep. 2024 is calculated as

	Days Payable (A: Sep. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Sep. 2023 )	+	Accounts Payable (A: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (A: Sep. 2024 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0.03	*	365
=	0					/	0.03	*	365
=	0.00

Ares Strategic Mining's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

	Days Payable (Q: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2024 )	+	Accounts Payable (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0.006	*	365 / 4
=	0					/	0.006	*	365 / 4
=	0.00

Ares Strategic Mining Days Payable Related Terms

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Ares Strategic Mining Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Ares Strategic Mining Inc (OTCPK:ARSMF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N8I:Germany ARS:Canada

Address

409 Granville Street, Suite 1001, Vancouver, BC, CAN, V6C 1T2

Website

https://www.aresmining.com

Ares Strategic Mining Inc is a junior natural resource mining company. The Company has one reportable segment, being the acquisition, exploration, and development of resource properties. It is engaged in the acquisition and exploration of lithium resource properties. Its projects include Lost Sheep, Vanadium Ridge Property, Liard Property, jackpot lake property, Wilcox playa and Ontario properties.

Ares Strategic Mining Headlines

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