Iconic Minerals (FRA:YQG) Days Payable : 0.00 (As of Feb. 2024)

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What is Iconic Minerals Days Payable?

Iconic Minerals's average Accounts Payable for the three months ended in Feb. 2024 was €0.37 Mil. Iconic Minerals's Cost of Goods Sold for the three months ended in Feb. 2024 was €0.00 Mil.

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

FRA:YQG's Days Payable is not ranked ^*
in the Metals & Mining industry.
Industry Median: 131.81
* Ranked among companies with meaningful Days Payable only.

Iconic Minerals's Days Payable stayed the same from Feb. 2023 (0.00) to Feb. 2024 (0.00). stayed the same

Iconic Minerals Days Payable Historical Data

The historical data trend for Iconic Minerals'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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Iconic Minerals Days Payable Chart

Iconic Minerals Annual Data

Trend

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Days Payable

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Iconic Minerals Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Days Payable	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Iconic Minerals's Days Payable

For the Gold subindustry, Iconic Minerals'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.

Iconic Minerals's Days Payable Distribution in the Metals & Mining Industry

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

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

Iconic Minerals 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.

Iconic Minerals's Days Payable for the fiscal year that ended in Aug. 2023 is calculated as

	Days Payable (A: Aug. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Aug. 2022 )	+	Accounts Payable (A: Aug. 2023 ))	/	count )	/	Cost of Goods Sold (A: Aug. 2023 )	*	Days in Period
=	( (0.643	+	0.407)	/	2 )	/	0	*	365
=	0.525					/	0	*	365
=	N/A

Iconic Minerals's Days Payable for the quarter that ended in Feb. 2024 is calculated as:

	Days Payable (Q: Feb. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Nov. 2023 )	+	Accounts Payable (Q: Feb. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Feb. 2024 )	*	Days in Period
=	( (0.382	+	0.355)	/	2 )	/	0	*	365 / 4
=	0.3685					/	0	*	365 / 4
=	N/A

Iconic Minerals Days Payable Related Terms

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Iconic Minerals (FRA:YQG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Iconic Minerals Ltd (FRA:YQG) » Definitions » Days Payable

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ICMFF:USA ICM:Canada

Address

303 - 595 Howe Street, P.O. Box 4, Vancouver, BC, CAN, V6C 2T5

Website

https://www.iconicminerals.com

Iconic Minerals Ltd is a mineral exploration company. It mainly focuses on acquiring and exploring gold and lithium properties in Nevada. The exploration assets of the company include New Pass property located in Churchill County; Midas South property located in Elko County; Bonnie Claire Lithium Project located in Nye County; Smith Creek Lithium Project and others.

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