Midland Exploration (TSXV:MD) Days Payable : 0.00 (As of Dec. 2024)

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What is Midland Exploration Days Payable?

Midland Exploration's average Accounts Payable for the three months ended in Dec. 2024 was C$0.00 Mil. Midland Exploration's Cost of Goods Sold for the three months ended in Dec. 2024 was C$0.01 Mil. Hence, Midland Exploration's Days Payable for the three months ended in Dec. 2024 was 0.00.

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

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

Midland Exploration's Days Payable stayed the same from Dec. 2023 (0.00) to Dec. 2024 (0.00). stayed the same

Midland Exploration Days Payable Historical Data

The historical data trend for Midland Exploration'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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Midland Exploration Days Payable Chart

Midland Exploration Annual Data

Trend

Sep15

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Sep20

Sep21

Sep22

Sep23

Sep24

Days Payable

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Midland Exploration Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Payable	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Midland Exploration's Days Payable

For the Other Industrial Metals & Mining subindustry, Midland Exploration'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.

Midland Exploration's Days Payable Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Midland Exploration's Days Payable falls into.

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Midland Exploration 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.

Midland Exploration's Days Payable for the fiscal year that ended in Sep. 2024 is calculated as

	Days Payable (A: Sep. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Sep. 2023 )	+	Accounts Payable (A: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (A: Sep. 2024 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0.03	*	365
=	0					/	0.03	*	365
=	0.00

Midland Exploration's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

	Days Payable (Q: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2024 )	+	Accounts Payable (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0.007	*	365 / 4
=	0					/	0.007	*	365 / 4
=	0.00

Midland Exploration Days Payable Related Terms

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Midland Exploration Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Midland Exploration Inc (TSXV:MD) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

MIDLF:USA

Address

1, Place Ville Marie, Bureau 4000, Montreal, QC, CAN, H3B 4M4

Website

https://www.midlandexploration.com

Midland Exploration Inc is a company in the mining exploration business. The Corporation's operations include the acquisition and exploration of mining properties in Canada. The company has multiple projects comprising Adam, Casault, Heva, Jouvex, Laflamme, Lewis, Maritime-Cadillac, Mythril, Mythril Regional, Soissons, Nachicapau, Noyelles, Willbob, and others.

Executives