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CHCX (CTGX Mining) Days Payable : 788.00 (As of Jan. 2005)


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What is CTGX Mining Days Payable?

CTGX Mining's average Accounts Payable for the three months ended in Jan. 2005 was $0.51 Mil. CTGX Mining's Cost of Goods Sold for the three months ended in Jan. 2005 was $0.06 Mil. Hence, CTGX Mining's Days Payable for the three months ended in Jan. 2005 was 788.00.

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

CHCX's Days Payable is not ranked *
in the Metals & Mining industry.
Industry Median: 136.29
* Ranked among companies with meaningful Days Payable only.

CTGX Mining's Days Payable increased from Dec. 2003 (0.00) to Jan. 2005 (788.00). It may suggest that CTGX Mining delayed paying its suppliers.


CTGX Mining Days Payable Historical Data

The historical data trend for CTGX 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.

* Premium members only.

CTGX Mining Days Payable Chart

CTGX Mining Annual Data
Trend Mar03
Days Payable
-

CTGX Mining Quarterly Data
Jun03 Sep03 Dec03 Mar04 Jul04 Oct04 Jan05
Days Payable Get a 7-Day Free Trial - - 110.98 242.87 788.00

Competitive Comparison of CTGX Mining's Days Payable

For the Other Industrial Metals & Mining subindustry, CTGX 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.


CTGX Mining's Days Payable Distribution in the Metals & Mining Industry

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

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



CTGX 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.

CTGX Mining's Days Payable for the fiscal year that ended in Mar. 2003 is calculated as

Days Payable (A: Mar. 2003 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: . 20 ) + Accounts Payable (A: Mar. 2003 )) / count ) / Cost of Goods Sold (A: Mar. 2003 )*Days in Period
=( ( + 0.005) / 1 ) / 0*365
=0.005 / 0*365
=N/A

CTGX Mining's Days Payable for the quarter that ended in Jan. 2005 is calculated as:

Days Payable (Q: Jan. 2005 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Oct. 2004 ) + Accounts Payable (Q: Jan. 2005 )) / count ) / Cost of Goods Sold (Q: Jan. 2005 )*Days in Period
=( (0.467 + 0.552) / 2 ) / 0.059*365 / 4
=0.5095 / 0.059*365 / 4
=788.00

* 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.


CTGX Mining Days Payable Related Terms

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CTGX Mining Business Description

Traded in Other Exchanges
N/A
Address
1015 G Waterwood Parkway, Suite O-2, Edmund, OK, USA, 73034
CTGX Mining Inc is an international, environmentally sensitive, minerals and resource development company. It holds mining interests in both Mexico and Columbia focused on a large reserve of rare earth elements, gold, silver lithium and other valuable ores.
Executives
Matthew Cohen director, officer: CEO and Chairman of the Board 1702 COSTA DEL SOL, BOCA RATON FL 33432

CTGX Mining Headlines

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