GAYGQ (Montauk Metals) Days Payable: (As of Sep. 2024)

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What is Montauk Metals Days Payable?

Montauk Metals's average Accounts Payable for the three months ended in Sep. 2024 was $0.00 Mil. Montauk Metals's Cost of Goods Sold for the three months ended in Sep. 2024 was $0.00 Mil.

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

GAYGQ's Days Payable is not ranked *
in the Metals & Mining industry.
Industry Median: 125.27
* Ranked among companies with meaningful Days Payable only.

Montauk Metals's Days Payable stayed the same from Sep. 2023 () to Sep. 2024 (). stayed the same

Montauk Metals Days Payable Historical Data

* Premium members only.

The historical data trend for Montauk Metals'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.

Montauk Metals Days Payable Chart

Montauk Metals Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
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Montauk Metals Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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GAYGQ vs RNGG, NEM, AU: Days Payable Comparison

For the Gold subindustry, Montauk Metals'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.

Montauk Metals Days Payable vs Metals & Mining Industry

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

* The bar in red indicates where Montauk Metals's Days Payable falls into.


Montauk Metals 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.

Montauk Metals'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 + 0) / 1 ) / 0*365
=0 / 0*365
=N/A

Montauk Metals'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 + 0) / 1 ) / 0*365 / 4
=0 / 0*365 / 4
=N/A

* 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.

Montauk Metals Business Description

Address 82 Richmond Street East, Suite 200, Toronto, ON, CAN, M5C 1P1
Galway Gold Inc. is a Canadian mineral exploration company focused on acquiring, exploring, and developing gold and precious metal resource properties in South America. Its principal asset is the Reina de Oro gold project in the Vetas mining district of Santander, Colombia, where it holds mineral rights covering a historic high-grade gold mining area. The company's activities center on geological mapping, sampling, and drilling to define and expand mineral resources, with the goal of advancing its properties toward development. As a junior exploration-stage company, Galway Gold does not generate revenue from mining operations; it funds exploration through equity financings and, historically, through option and joint-venture agreements with partners who can earn interests in its projects. The company was formerly known as Montauk Metals Inc. and is listed on Canadian securities exchanges.