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Magna Terra Minerals (TSXV:MTT) Days Payable : 0.00 (As of Nov. 2024)


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What is Magna Terra Minerals Days Payable?

Magna Terra Minerals's average Accounts Payable for the three months ended in Nov. 2024 was C$0.33 Mil. Magna Terra Minerals's Cost of Goods Sold for the three months ended in Nov. 2024 was C$0.00 Mil.

The historical rank and industry rank for Magna Terra Minerals's Days Payable or its related term are showing as below:

TSXV:MTT's Days Payable is not ranked *
in the Metals & Mining industry.
Industry Median: 135.14
* Ranked among companies with meaningful Days Payable only.

Magna Terra Minerals's Days Payable stayed the same from Nov. 2023 (0.00) to Nov. 2024 (0.00). stayed the same


Magna Terra Minerals Days Payable Historical Data

The historical data trend for Magna Terra Minerals'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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Magna Terra Minerals Days Payable Chart

Magna Terra Minerals Annual Data
Trend Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24
Days Payable
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Magna Terra Minerals Quarterly Data
Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24
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Competitive Comparison of Magna Terra Minerals's Days Payable

For the Other Industrial Metals & Mining subindustry, Magna Terra Minerals'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.


Magna Terra Minerals's Days Payable Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Magna Terra Minerals's Days Payable falls into.


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Magna Terra Minerals 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.

Magna Terra Minerals's Days Payable for the fiscal year that ended in Aug. 2024 is calculated as

Days Payable (A: Aug. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Aug. 2023 ) + Accounts Payable (A: Aug. 2024 )) / count ) / Cost of Goods Sold (A: Aug. 2024 )*Days in Period
=( (0.412 + 0.242) / 2 ) / 0*365
=0.327 / 0*365
=N/A

Magna Terra Minerals's Days Payable for the quarter that ended in Nov. 2024 is calculated as:

Days Payable (Q: Nov. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Aug. 2024 ) + Accounts Payable (Q: Nov. 2024 )) / count ) / Cost of Goods Sold (Q: Nov. 2024 )*Days in Period
=( (0.242 + 0.426) / 2 ) / 0*365 / 4
=0.334 / 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.


Magna Terra Minerals Days Payable Related Terms

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Magna Terra Minerals Business Description

Traded in Other Exchanges
Address
20 Adelaide Street East, Suite 401, Toronto, ON, CAN, M5C 2T6
Magna Terra Minerals Inc is a Canada-based precious metals focused exploration company. Magna Terra owns two district-scale, resource-stage gold exploration projects in the top-tier mining jurisdictions of New Brunswick and Newfoundland and Labrador. Principally, it is engaged in the business of acquisition and exploration of mining properties in Argentina and Canada. Its project includes Atlantic Canada; Santa Cruz, and Quebec projects.
Executives
Michael Gentile 10% Security Holder
Signal Gold Inc. 10% Security Holder
Victor Lewis Lawrick 10% Security Holder, Director, Senior Officer