Laurion Mineral Exploration (Laurion Mineral Exploration) Days Payable : 0.00 (As of Mar. 2024)

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What is Laurion Mineral Exploration Days Payable?

Laurion Mineral Exploration's average Accounts Payable for the three months ended in Mar. 2024 was $0.00 Mil. Laurion Mineral Exploration's Cost of Goods Sold for the three months ended in Mar. 2024 was $0.00 Mil.

The historical rank and industry rank for Laurion Mineral Exploration's Days Payable or its related term are showing as below:

During the past 13 years, Laurion Mineral Exploration's highest Days Payable was 132403.75. The lowest was 51465.00. And the median was 80208.75.

LMEFF's Days Payable is not ranked ^*
in the Metals & Mining industry.
Industry Median: 136.67
* Ranked among companies with meaningful Days Payable only.

Laurion Mineral Exploration's Days Payable stayed the same from Mar. 2023 (0.00) to Mar. 2024 (0.00). stayed the same

Laurion Mineral Exploration Days Payable Historical Data

The historical data trend for Laurion Mineral Exploration'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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Laurion Mineral Exploration Days Payable Chart

Laurion Mineral Exploration Annual Data

Trend

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Dec23

Days Payable

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Laurion Mineral Exploration Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Laurion Mineral Exploration's Days Payable

For the Gold subindustry, Laurion Mineral Exploration'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.

Laurion Mineral Exploration's Days Payable Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Laurion Mineral Exploration's Days Payable falls into.

Laurion Mineral Exploration 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.

Laurion Mineral Exploration'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

Laurion Mineral Exploration's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0	*	365 / 4
=	0					/	0	*	365 / 4
=	N/A

Laurion Mineral Exploration Days Payable Related Terms

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Laurion Mineral Exploration (Laurion Mineral Exploration) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Laurion Mineral Exploration Inc (OTCPK:LMEFF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

LME:Canada

Address

40 King Street West, Suite 5800, Scotia Plaza, Toronto, ON, CAN, M5H 3S1

Website

http://www.laurion.ca

Laurion Mineral Exploration Inc is a Canadian based exploration company. It is engaged in the acquisition, exploration and development of mineral resource properties. The company has key interests in prospective mining properties of the Ishkoday gold project and the Midlothian and Doon property.

Laurion Mineral Exploration (Laurion Mineral Exploration) Headlines

From GuruFocus

Laurion Extends Closing of Previously Announced Private Placement

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