TNGMF (TGX Energy & Resources) Days Payable : 0.00 (As of Sep. 2024)

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What is TGX Energy & Resources Days Payable?

TGX Energy & Resources's average Accounts Payable for the three months ended in Sep. 2024 was $0.00 Mil. TGX Energy & Resources's Cost of Goods Sold for the three months ended in Sep. 2024 was $0.00 Mil.

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

During the past 13 years, TGX Energy & Resources's highest Days Payable was 84826.00. The lowest was 84826.00. And the median was 84826.00.

TNGMF's Days Payable is not ranked ^*
in the Metals & Mining industry.
Industry Median: 130.785
* Ranked among companies with meaningful Days Payable only.

TGX Energy & Resources's Days Payable stayed the same from Sep. 2023 (0.00) to Sep. 2024 (0.00). stayed the same

TGX Energy & Resources Days Payable Historical Data

The historical data trend for TGX Energy & 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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TGX Energy & Resources Days Payable Chart

TGX Energy & Resources Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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TGX Energy & Resources Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Payable	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of TGX Energy & Resources's Days Payable

For the Other Precious Metals & Mining subindustry, TGX Energy & 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.

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

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

* The bar in red indicates where TGX Energy & Resources's Days Payable falls into.

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TGX Energy & 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.

TGX Energy & Resources'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

TGX Energy & Resources's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

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

TGX Energy & Resources Days Payable Related Terms

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TGX Energy & Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » TGX Energy & Resources Inc (OTCPK:TNGMF) » Definitions » Days Payable

Comparable Companies

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H82:Germany TGX:Canada

Address

409 Granville Street, Suite 1000, Vancouver, BC, CAN, V6C 1T2

Website

http://www.truenorthgems.com

TGX Energy & Resources Inc is engaged in the exploration and evaluation of natural resource properties in Canada. The company operates through the acquisition, exploration, and development of mineral properties segment.

TGX Energy & Resources Headlines

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