STACF (Portex Minerals) Days Payable: 0.00 (As of Jun. 2016)


What is Portex Minerals Days Payable?

Portex Minerals STACF Days Payable is 0.00 as of Jun. 2016.

Portex Minerals's average Accounts Payable for the three months ended in Jun. 2016 was $0.38 Mil. Portex Minerals's Cost of Goods Sold for the three months ended in Jun. 2016 was $0.00 Mil.

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

STACF's Days Payable is not ranked *
in the Metals & Mining industry.
Industry Median: 127.62
* Ranked among companies with meaningful Days Payable only.

Portex Minerals's Days Payable stayed the same from Jun. 2015 (0.00) to Jun. 2016 (0.00). stayed the same

Portex Minerals Days Payable Historical Data

* Premium members only.

The historical data trend for Portex 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.

Portex Minerals Days Payable Chart

Portex Minerals Annual Data
Trend Sep07 Sep08 Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15
Days Payable
Get a 7-Day Free Trial Premium Member Only 0.00 0.00 0.00 0.00 0.00

Portex Minerals Quarterly Data
Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16
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

Portex Minerals Days Payable Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Portex 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.

Portex Minerals Days Payable vs Metals & Mining Industry

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

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


Portex 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.

Portex Minerals's Days Payable for the fiscal year that ended in Sep. 2015 is calculated as

Days Payable (A: Sep. 2015 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Sep. 2014 ) + Accounts Payable (A: Sep. 2015 )) / count ) / Cost of Goods Sold (A: Sep. 2015 )*Days in Period
=( (1.778 + 1.662) / 2 ) / 0*365
=1.72 / 0*365
=N/A

Portex Minerals's Days Payable for the quarter that ended in Jun. 2016 is calculated as:

Days Payable (Q: Jun. 2016 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2016 ) + Accounts Payable (Q: Jun. 2016 )) / count ) / Cost of Goods Sold (Q: Jun. 2016 )*Days in Period
=( (0.374 + 0.383) / 2 ) / 0*365 / 4
=0.3785 / 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?
Portex Minerals (STACF) has a Days Payable of 0.00 as of Jun. 2016. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Portex Minerals and its competitors.
Is Portex Minerals' Days Payable too high?
Portex Minerals' current Days Payable is 0.00.
How does Portex Minerals' Days Payable compare to competitors?
Portex Minerals' Days Payable of 0.00 can be compared against companies in the Metals & Mining industry. The industry median Days Payable is 127.62. 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 Metals & Mining company?
The median Days Payable among Metals & Mining companies is 127.62, based on 1,064 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 Portex Minerals and its competitors. For the Metals & Mining industry, the median Days Payable is 127.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Portex Minerals'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 Portex Minerals stock overvalued right now?
Portex Minerals (STACF) has a current Days Payable of 0.00. The current Days Payable is 0.00. 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 Portex Minerals (STACF), the current Days Payable is 0.00 as of Jun. 2016. 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.

Portex Minerals Business Description

Address 2 Bloor Street West, Suite 2000, Toronto, ON, CAN, M4W 3E2
Portex Minerals Inc is a mineral exploration and development company focused on the acquisition and development of mining projects in Europe and other low-risk jurisdictions.