CDMNF (Canadian Manganese Co) Days Payable : 5,032.44 (As of Sep. 2024)

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What is Canadian Manganese Co Days Payable?

Canadian Manganese Co's average Accounts Payable for the three months ended in Sep. 2024 was $0.55 Mil. Canadian Manganese Co's Cost of Goods Sold for the three months ended in Sep. 2024 was $0.01 Mil. Hence, Canadian Manganese Co's Days Payable for the three months ended in Sep. 2024 was 5,032.44.

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

CDMNF' s Days Payable Range Over the Past 10 Years
Min: 3158.99 Med: 3192.02 Max: 8235.96
Current: 8235.96

During the past 4 years, Canadian Manganese Co's highest Days Payable was 8235.96. The lowest was 3158.99. And the median was 3192.02.

CDMNF's Days Payable is ranked better than
86.54% of 1040 companies
in the Metals & Mining industry
Industry Median: 131.835 vs CDMNF: 8235.96

Canadian Manganese Co's Days Payable declined from Sep. 2023 (20,751.08) to Sep. 2024 (5,032.44). It may suggest that Canadian Manganese Co accelerated paying its suppliers.

Canadian Manganese Co Days Payable Historical Data

The historical data trend for Canadian Manganese Co'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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Canadian Manganese Co Days Payable Chart

Canadian Manganese Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Payable

3,255.56

3,214.81

Canadian Manganese Co Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Payable	Get a 7-Day Free Trial														20,751.08	14,308.00	3,859.88	4,170.13	5,032.44

Competitive Comparison of Canadian Manganese Co's Days Payable

For the Other Industrial Metals & Mining subindustry, Canadian Manganese Co'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.

Canadian Manganese Co's Days Payable Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Canadian Manganese Co's Days Payable falls into.

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Canadian Manganese Co 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.

Canadian Manganese Co's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (0.497	+	0.419)	/	2 )	/	0.052	*	365
=	0.458					/	0.052	*	365
=	3,214.81

Canadian Manganese Co's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

	Days Payable (Q: Sep. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2024 )	+	Accounts Payable (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (0.487	+	0.616)	/	2 )	/	0.01	*	365 / 4
=	0.5515					/	0.01	*	365 / 4
=	5,032.44

Canadian Manganese Co Days Payable Related Terms

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Canadian Manganese Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Canadian Manganese Co Inc (OTCPK:CDMNF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

4V9:Germany CDMN:Canada

Address

55 University Avenue, Suite 1805, Toronto, ON, CAN, M5J 2H7

Website

https://www.canadianmanganese.com

Canadian Manganese Co Inc is an exploration, evaluation, and development company focused on evaluating a manganese project in New Brunswick, Canada. The company is engaged in exploring and developing the Woodstock project to produce specialty manganese metals.