MITJF (The Mint) Days Payable: 0.00 (As of Dec. 2023)


MITJF The Mint Corp MITJF
12 GF Score
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What is The Mint Days Payable?

The Mint MITJF -99.67% 12 Days Payable is 0.00 as of Dec. 2023. GuruFocus rates MITJF with a GF Score™ of 12/100.

The Mint's average Accounts Payable for the three months ended in Dec. 2023 was $0.05 Mil. The Mint's Cost of Goods Sold for the three months ended in Dec. 2023 was $0.00 Mil.

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

MITJF's Days Payable is not ranked *
in the Credit Services industry.
Industry Median: 33.87
* Ranked among companies with meaningful Days Payable only.

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

The Mint Days Payable Historical Data

* Premium members only.

The historical data trend for The Mint'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.

The Mint Days Payable Chart

The Mint 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 59.42 0.00 0.00 0.00 0.00

The Mint Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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

MITJF vs STQN, WINSF, CAFI: Days Payable Comparison

For the Credit Services subindustry, The Mint'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.

The Mint Days Payable vs Credit Services Industry

For the Credit Services industry and Financial Services sector, The Mint's Days Payable distribution charts can be found below:

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


MITJF
12GF Score
The Mint Corp MITJF
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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The Mint 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.

The Mint'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
=( (0.11 + 0.078) / 2 ) / 0*365
=0.094 / 0*365
=N/A

The Mint'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: Sep. 2023 ) + Accounts Payable (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (0.025 + 0.078) / 2 ) / 0*365 / 4
=0.0515 / 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?
The Mint (MITJF) has a Days Payable of 0.00 as of Dec. 2023. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on The Mint and its competitors.
Is The Mint's Days Payable too high?
The Mint's current Days Payable is 0.00. Overall, The Mint has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does The Mint's Days Payable compare to STQN and WINSF?
The Mint's Days Payable of 0.00 can be compared against companies in the Credit Services industry. The industry median Days Payable is 33.87. 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 Credit Services company?
The median Days Payable among Credit Services companies is 33.87, based on 301 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 The Mint and its competitors. For the Credit Services industry, the median Days Payable is 33.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Mint'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 The Mint stock overvalued right now?
The Mint (MITJF) has a current Days Payable of 0.00. The current Days Payable is 0.00. The Mint's overall GF Score™ is 12/100. 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 The Mint (MITJF), the current Days Payable is 0.00 as of Dec. 2023. 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.

The Mint Business Description

Address 360 Bay Street, Suite 999, Toronto, ON, CAN, M5H 2V6
The Mint Corp, through its subsidiaries, is a globally certified payments company focused on offering financial services to the unbanked salaried worker in the United Arab Emirates (UAE). The Group manages the issuance, administration, customer support, payment processing, and set-up and reporting of payroll cards. In addition, it also provides additional services to cardholders, including mobile airtime top-up and mobile payments. The Corporation's business operations are located principally in the Middle East and almost all of its revenue is in UAE Dirham.
12GF Score

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Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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