Manitex Capital (TSXV:MNX.H) Days Payable: 0.00 (As of Jul. 2024)

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What is Manitex Capital Days Payable?

Manitex Capital TSXV:MNX.H Days Payable is 0.00 as of Jul. 2024.

Manitex Capital's average Accounts Payable for the three months ended in Jul. 2024 was C$0.03 Mil. Manitex Capital's Cost of Goods Sold for the three months ended in Jul. 2024 was C$0.00 Mil.

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

TSXV:MNX.H's Days Payable is not ranked *
in the Asset Management industry.
Industry Median: 70.24
* Ranked among companies with meaningful Days Payable only.

Manitex Capital's Days Payable stayed the same from Jul. 2023 (0.00) to Jul. 2024 (0.00). stayed the same

Manitex Capital Days Payable Historical Data

* Premium members only.

The historical data trend for Manitex Capital'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.

Manitex Capital Days Payable Chart

Manitex Capital Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Manitex Capital Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

TSXV:MNX.H vs BLK, BX, KKR: Days Payable Comparison

For the Asset Management subindustry, Manitex Capital'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.

Manitex Capital Days Payable vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Manitex Capital's Days Payable distribution charts can be found below:

* The bar in red indicates where Manitex Capital's Days Payable falls into.


Manitex Capital 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.

Manitex Capital's Days Payable for the fiscal year that ended in Oct. 2023 is calculated as

Days Payable (A: Oct. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Oct. 2022 ) + Accounts Payable (A: Oct. 2023 )) / count ) / Cost of Goods Sold (A: Oct. 2023 )*Days in Period
=( (0.002 + 0.049) / 2 ) / 0*365
=0.0255 / 0*365
=N/A

Manitex Capital's Days Payable for the quarter that ended in Jul. 2024 is calculated as:

Days Payable (Q: Jul. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Apr. 2024 ) + Accounts Payable (Q: Jul. 2024 )) / count ) / Cost of Goods Sold (Q: Jul. 2024 )*Days in Period
=( (0.038 + 0.022) / 2 ) / 0*365 / 4
=0.03 / 0*365 / 4
=N/A

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 0.00 mean?
Manitex Capital (TSXV:MNX.H) has a Days Payable of 0.00 as of Jul. 2024. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Manitex Capital and its competitors.
Is Manitex Capital's Days Payable too high?
Manitex Capital's current Days Payable is 0.00.
How does Manitex Capital's Days Payable compare to BLK and BX?
Manitex Capital's Days Payable of 0.00 can be compared against companies in the Asset Management industry. The industry median Days Payable is 70.24. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for an Asset Management company?
The median Days Payable among Asset Management companies is 70.24, based on 488 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Manitex Capital and its competitors. For the Asset Management industry, the median Days Payable is 70.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Manitex Capital's current Days Payable is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Manitex Capital stock overvalued right now?
Manitex Capital (TSXV:MNX.H) has a current Days Payable of 0.00. The current Days Payable is 0.00. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Manitex Capital (TSXV:MNX.H), the current Days Payable is 0.00 as of Jul. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Manitex Capital Business Description

Address 16667 Hymus Boulevard, Kirkland, QC, CAN, H9H 4R9
Manitex Capital Inc acquires interests in emerging and established companies in diversified sectors including life sciences, cleantech and sustainable products/technologies. It operates through the investment segment.