ITMIF (iTech Minerals) Days Payable : 0.00 (As of Dec. 2023)

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What is iTech Minerals Days Payable?

iTech Minerals's average Accounts Payable for the six months ended in Dec. 2023 was $0.23 Mil. iTech Minerals's Cost of Goods Sold for the six months ended in Dec. 2023 was $0.00 Mil.

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

ITMIF's Days Payable is not ranked ^*
in the Metals & Mining industry.
Industry Median: 129.235
* Ranked among companies with meaningful Days Payable only.

iTech Minerals's Days Payable stayed the same from Dec. 2022 (0.00) to Dec. 2023 (0.00).

iTech Minerals Days Payable Historical Data

The historical data trend for iTech 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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iTech Minerals Days Payable Chart

iTech Minerals Annual Data

Trend

Jun22

Jun23

Jun24

Days Payable

iTech Minerals Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Days Payable	Get a 7-Day Free Trial			-	-	-	-	-

Competitive Comparison of iTech Minerals's Days Payable

For the Other Industrial Metals & Mining subindustry, iTech 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.

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

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

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

iTech 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.

iTech Minerals's Days Payable for the fiscal year that ended in Jun. 2024 is calculated as

	Days Payable (A: Jun. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2023 )	+	Accounts Payable (A: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2024 )	*	Days in Period
=	( (0.256	+	0.181)	/	2 )	/	0	*	365
=	0.2185					/	0	*	365
=	N/A

iTech Minerals's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (0.256	+	0.195)	/	2 )	/	0	*	365 / 2
=	0.2255					/	0	*	365 / 2
=	N/A

iTech Minerals Days Payable Related Terms

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iTech Minerals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » iTech Minerals Ltd (OTCPK:ITMIF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

ITM:Australia

Address

170 Greenhill Road, Level 3, Parkside, Adelaide, SA, AUS, 5063

Website

https://www.itechminerals.com.au

iTech Minerals Ltd is a speculative exploration company. It is an industrial and battery minerals exploration and development company with a focus on Eyre Peninsula Graphite Project, Reynolds Range Project and Eyre Peninsula Kaolin Project.

iTech Minerals Headlines

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