Margaret Lake Diamonds (TSXV:DIA) Days Payable : 0.00 (As of Nov. 2023)

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What is Margaret Lake Diamonds Days Payable?

Margaret Lake Diamonds's average Accounts Payable for the three months ended in Nov. 2023 was C$0.48 Mil. Margaret Lake Diamonds's Cost of Goods Sold for the three months ended in Nov. 2023 was C$0.00 Mil.

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

TSXV:DIA's Days Payable is not ranked ^*
in the Metals & Mining industry.
Industry Median: 129.97
* Ranked among companies with meaningful Days Payable only.

Margaret Lake Diamonds's Days Payable stayed the same from Nov. 2022 (0.00) to Nov. 2023 (0.00). stayed the same

Margaret Lake Diamonds Days Payable Historical Data

The historical data trend for Margaret Lake Diamonds'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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Margaret Lake Diamonds Days Payable Chart

Margaret Lake Diamonds Annual Data

Trend

May14

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May20

May21

May22

May23

Days Payable

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Margaret Lake Diamonds Quarterly Data
	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
Days Payable	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Margaret Lake Diamonds's Days Payable

For the Other Precious Metals & Mining subindustry, Margaret Lake Diamonds'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.

Margaret Lake Diamonds's Days Payable Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Margaret Lake Diamonds's Days Payable falls into.

Margaret Lake Diamonds 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.

Margaret Lake Diamonds's Days Payable for the fiscal year that ended in May. 2023 is calculated as

	Days Payable (A: May. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: May. 2022 )	+	Accounts Payable (A: May. 2023 ))	/	count )	/	Cost of Goods Sold (A: May. 2023 )	*	Days in Period
=	( (0.646	+	0.23)	/	2 )	/	0	*	365
=	0.438					/	0	*	365
=	N/A

Margaret Lake Diamonds's Days Payable for the quarter that ended in Nov. 2023 is calculated as:

	Days Payable (Q: Nov. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Aug. 2023 )	+	Accounts Payable (Q: Nov. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Nov. 2023 )	*	Days in Period
=	( (0.461	+	0.492)	/	2 )	/	0	*	365 / 4
=	0.4765					/	0	*	365 / 4
=	N/A

Margaret Lake Diamonds Days Payable Related Terms

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Margaret Lake Diamonds (TSXV:DIA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Margaret Lake Diamonds Inc (TSXV:DIA) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

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Address

550 Burrard Street, Suite 1008, Vancouver, BC, CAN, V6C 2B5

Website

https://www.margaretlakediamonds.com

Margaret Lake Diamonds Inc is focused on the exploration of mineral properties that includes diamond. The company projects include Diagras Property, Morrison Property, and Cobalt Projects.