MACQF (Themac Resources Group) Days Payable : 15,147.50 (As of Dec. 2024)

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What is Themac Resources Group Days Payable?

Themac Resources Group's average Accounts Payable for the three months ended in Dec. 2024 was $0.33 Mil. Themac Resources Group's Cost of Goods Sold for the three months ended in Dec. 2024 was $0.00 Mil. Hence, Themac Resources Group's Days Payable for the three months ended in Dec. 2024 was 15,147.50.

The historical rank and industry rank for Themac Resources Group's Days Payable or its related term are showing as below:

MACQF' s Days Payable Range Over the Past 10 Years
Min: 11020.97 Med: 33100.94 Max: 36938
Current: 23214

During the past 13 years, Themac Resources Group's highest Days Payable was 36938.00. The lowest was 11020.97. And the median was 33100.94.

MACQF's Days Payable is ranked better than
93.57% of 1027 companies
in the Metals & Mining industry
Industry Median: 132 vs MACQF: 23214.00

Themac Resources Group's Days Payable declined from Dec. 2023 (46,400.63) to Dec. 2024 (15,147.50). It may suggest that Themac Resources Group accelerated paying its suppliers.

Themac Resources Group Days Payable Historical Data

The historical data trend for Themac Resources Group'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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Themac Resources Group Days Payable Chart

Themac Resources Group Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Days Payable

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31,572.50

34,492.50

34,675.00

36,621.67

34,081.88

Themac Resources Group Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Payable	Get a 7-Day Free Trial															46,400.63	43,663.13	41,701.25	18,843.13	15,147.50

Competitive Comparison of Themac Resources Group's Days Payable

For the Other Industrial Metals & Mining subindustry, Themac Resources Group'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.

Themac Resources Group's Days Payable Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Themac Resources Group's Days Payable falls into.

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Themac Resources Group 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.

Themac Resources Group'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
=	( (0.272	+	0.475)	/	2 )	/	0.004	*	365
=	0.3735					/	0.004	*	365
=	34,081.88

Themac Resources Group's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

	Days Payable (Q: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2024 )	+	Accounts Payable (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (0.351	+	0.313)	/	2 )	/	0.002	*	365 / 4
=	0.332					/	0.002	*	365 / 4
=	15,147.50

Themac Resources Group Days Payable Related Terms

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Themac Resources Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Themac Resources Group Ltd (OTCPK:MACQF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

MAC:Canada

Address

409 Granville Street, Suite 1500, Vancouver, BC, CAN, V6C 1T2

Website

https://www.themacresourcesgroup.com

Themac Resources Group Ltd is a mineral exploration company that acquires, explores, and develops natural resource properties. Its project includes the Copper Flat mine. The Company has one operating segment: the exploration and development of its mineral property. The Copper Flat Project of the company is located Hillsboro mining district of New Mexico, United States of America is the focused project of the company.

Themac Resources Group Headlines

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