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Spearmint Resources (Spearmint Resources) Days Payable : 0.00 (As of Oct. 2023)


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What is Spearmint Resources Days Payable?

Spearmint Resources's average Accounts Payable for the three months ended in Oct. 2023 was $0.03 Mil. Spearmint Resources's Cost of Goods Sold for the three months ended in Oct. 2023 was $0.00 Mil.

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

SPMTF's Days Payable is not ranked *
in the Metals & Mining industry.
Industry Median: 131.36
* Ranked among companies with meaningful Days Payable only.

Spearmint Resources's Days Payable stayed the same from Oct. 2022 (0.00) to Oct. 2023 (0.00). stayed the same

Spearmint Resources Days Payable Historical Data

The historical data trend for Spearmint Resources'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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Spearmint Resources Days Payable Chart

Spearmint Resources Annual Data
Trend Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23
Days Payable
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Spearmint Resources Quarterly Data
Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23
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Competitive Comparison of Spearmint Resources's Days Payable

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

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

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

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


Spearmint Resources 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.

Spearmint Resources's Days Payable for the fiscal year that ended in Jan. 2023 is calculated as

Days Payable (A: Jan. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jan. 2022 ) + Accounts Payable (A: Jan. 2023 )) / count ) / Cost of Goods Sold (A: Jan. 2023 )*Days in Period
=( (0.555 + 0.029) / 2 ) / 0*365
=0.292 / 0*365
=N/A

Spearmint Resources's Days Payable for the quarter that ended in Oct. 2023 is calculated as:

Days Payable (Q: Oct. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jul. 2023 ) + Accounts Payable (Q: Oct. 2023 )) / count ) / Cost of Goods Sold (Q: Oct. 2023 )*Days in Period
=( (0.034 + 0.02) / 2 ) / 0*365 / 4
=0.027 / 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.

Spearmint Resources Days Payable Related Terms

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Spearmint Resources (Spearmint Resources) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Spearmint Resources Inc (OTCPK:SPMTF) » Definitions » Days Payable
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Traded in Other Exchanges
SQH:Germany SPMT:Canada
Address
700 West Georgia Street, Suite 2905, Vancouver, BC, CAN, V7Y 1K8
Website
https://www.spearmintresources.ca
Spearmint Resources Inc is an exploration stage public company. Its business activities include acquiring and exploring exploration and evaluation assets. Geographically, the group has a business presence in Canada and the United States. Some of the company's projects are Chibougamau Vanadium Prospects, EL North Nickel-Copper Prospects, NEBA Copper-Gold Prospects, QC Chibougamau Vanadium Prospects - Staking, QC Perron-East Gold Prospects - Staking, Nevada Elon and McGee Properties, Nevada Green Clay Lithium Project, NL Goose Gold Property, ON Escape Lake North PGM Project, BC EL North Nickel-Copper Prospects, BC NEBA Copper-Gold Prospects, BC Safari Copper-Gold Property and BC Hammernose Gold Property.