GDMIF (Green Mining Innovation) Days Payable: 0.00 (As of Sep. 2024)


What is Green Mining Innovation Days Payable?

Green Mining Innovation GDMIF -99.86% Days Payable is 0.00 as of Sep. 2024.

Green Mining Innovation's average Accounts Payable for the three months ended in Sep. 2024 was $0.08 Mil. Green Mining Innovation's Cost of Goods Sold for the three months ended in Sep. 2024 was $0.00 Mil.

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

GDMIF's Days Payable is not ranked *
in the Metals & Mining industry.
Industry Median: 127.62
* Ranked among companies with meaningful Days Payable only.

Green Mining Innovation's Days Payable stayed the same from Sep. 2023 (0.00) to Sep. 2024 (0.00). stayed the same

Green Mining Innovation Days Payable Historical Data

* Premium members only.

The historical data trend for Green Mining Innovation'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.

Green Mining Innovation Days Payable Chart

Green Mining Innovation Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Green Mining Innovation Quarterly Data
Dec19 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Green Mining Innovation Days Payable Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Green Mining Innovation'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.

Green Mining Innovation Days Payable vs Metals & Mining Industry

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

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


Green Mining Innovation 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.

Green Mining Innovation'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
=( (0.05 + 0.083) / 2 ) / 0*365
=0.0665 / 0*365
=N/A

Green Mining Innovation'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
=( (0.097 + 0.067) / 2 ) / 0*365 / 4
=0.082 / 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 0.00 mean?
Green Mining Innovation (GDMIF) has a Days Payable of 0.00 as of Sep. 2024. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Green Mining Innovation and its competitors.
Is Green Mining Innovation's Days Payable too high?
Green Mining Innovation's current Days Payable is 0.00.
How does Green Mining Innovation's Days Payable compare to competitors?
Green Mining Innovation's Days Payable of 0.00 can be compared against companies in the Metals & Mining industry. The industry median Days Payable is 127.62. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Metals & Mining company?
The median Days Payable among Metals & Mining companies is 127.62, based on 1,064 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Green Mining Innovation and its competitors. For the Metals & Mining industry, the median Days Payable is 127.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Green Mining Innovation's current Days Payable is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Green Mining Innovation stock overvalued right now?
Green Mining Innovation (GDMIF) has a current Days Payable of 0.00. The current Days Payable is 0.00. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Green Mining Innovation (GDMIF), the current Days Payable is 0.00 as of Sep. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Green Mining Innovation Business Description

Address 808, Sir Adolph Routhier, Montreal, QC, CAN, G1S 3P3
Green Mining Innovation Inc is a mining exploration company dedicated to mineral exploration in Canada with a genuine concern for environmental protection. It focuses mainly on developing deposits that contain gold and technology metals in mining jurisdictions in Canada. The company holds an interest in five exploration properties which include Anctil, Nemenjiche, Fortune, and Panache North properties located in the province of Quebec, and the Prince property located in the province of Newfoundland.