Magnum Goldcorp (TSXV:MGI) Days Payable : 0.00 (As of Aug. 2024)

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What is Magnum Goldcorp Days Payable?

Magnum Goldcorp's average Accounts Payable for the three months ended in Aug. 2024 was C$0.00 Mil. Magnum Goldcorp's Cost of Goods Sold for the three months ended in Aug. 2024 was C$0.00 Mil.

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

TSXV:MGI's Days Payable is not ranked ^*
in the Metals & Mining industry.
Industry Median: 129.57
* Ranked among companies with meaningful Days Payable only.

Magnum Goldcorp's Days Payable stayed the same from Aug. 2023 (0.00) to Aug. 2024 (0.00). stayed the same

Magnum Goldcorp Days Payable Historical Data

The historical data trend for Magnum Goldcorp'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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Magnum Goldcorp Days Payable Chart

Magnum Goldcorp Annual Data

Trend

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May21

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May24

Days Payable

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Magnum Goldcorp Quarterly Data
	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24
Days Payable	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Magnum Goldcorp's Days Payable

For the Gold subindustry, Magnum Goldcorp'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.

Magnum Goldcorp's Days Payable Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Magnum Goldcorp's Days Payable falls into.

Magnum Goldcorp 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.

Magnum Goldcorp's Days Payable for the fiscal year that ended in May. 2024 is calculated as

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

Magnum Goldcorp's Days Payable for the quarter that ended in Aug. 2024 is calculated as:

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

Magnum Goldcorp Days Payable Related Terms

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Magnum Goldcorp Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Magnum Goldcorp Inc (TSXV:MGI) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

MGIDD:USA 1CJ:Germany

Address

2489 Bellevue Avenue, West Vancouver, BC, CAN, V7V 1E1

Website

http://www.magnumgoldcorp.com

Magnum Goldcorp Inc is mainly engaged in the acquisition and exploration of mineral resource properties. The company holds an interest in LH Gold property located in the east of Slocan Mining Division of Southeastern British Columbia.

Executives

Douglas Lawrence Mason	10% Security Holder, Director, Senior Officer
Daniel Bernard Evans	Director, Senior Officer
Andrzej Kowalski	Director
Sead Hamzagic	Director, Senior Officer
International Bethlehem Mining Corp.	10% Security Holder