Torq Resources (Torq Resources) Days Payable : 0.00 (As of Mar. 2024)

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What is Torq Resources Days Payable?

Torq Resources's average Accounts Payable for the three months ended in Mar. 2024 was $0.00 Mil. Torq Resources's Cost of Goods Sold for the three months ended in Mar. 2024 was $0.00 Mil.

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

TRBMF's Days Payable is not ranked ^*
in the Metals & Mining industry.
Industry Median: 136.15
* Ranked among companies with meaningful Days Payable only.

Torq Resources's Days Payable stayed the same from Dec. 2022 (0.00) to Mar. 2024 (0.00). stayed the same

Torq Resources Days Payable Historical Data

The historical data trend for Torq 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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Torq Resources Days Payable Chart

Torq Resources Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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Torq Resources Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Torq Resources's Days Payable

For the Other Industrial Metals & Mining subindustry, Torq 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.

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

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

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

Torq 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.

Torq 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

Torq Resources's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0	*	365 / 4
=	0					/	0	*	365 / 4
=	N/A

Torq Resources Days Payable Related Terms

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Torq Resources (Torq Resources) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

S8QN:Germany TORQ:Canada

Address

1177 West Hastings Street, Suite 1630, Vancouver, BC, CAN, V6E 2K3

Website

https://www.torqresources.com

Torq Resources Inc is a copper and gold exploration company with a portfolio of premium holdings in Chile. Its projects include Santa Cecilia gold-copper project, Margarita iron-oxide copper-gold project, and the Andrea copper porphyry project.