Ares Strategic Mining (XCNQ:ARS) Days Payable: (As of Jun. 2026)

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XCNQ:ARS Ares Strategic Mining Inc XCNQ:ARS
30 GF Score
Price C$0.32
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What is Ares Strategic Mining Days Payable?

Ares Strategic Mining's average Accounts Payable for the three months ended in Jun. 2026 was C$0.00 Mil. Ares Strategic Mining's Cost of Goods Sold for the three months ended in Jun. 2026 was C$0.11 Mil. Hence, Ares Strategic Mining's Days Payable for the three months ended in Jun. 2026 was 0.00.

The historical rank and industry rank for Ares Strategic Mining's Days Payable or its related term are showing as below:

XCNQ:ARS's Days Payable is not ranked *
in the Metals & Mining industry.
Industry Median: 124.95
* Ranked among companies with meaningful Days Payable only.

Ares Strategic Mining's Days Payable stayed the same from Jun. 2025 () to Jun. 2026 (). stayed the same


Ares Strategic Mining Days Payable Historical Data

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The historical data trend for Ares Strategic Mining'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.

Ares Strategic Mining Days Payable Chart

Ares Strategic Mining Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Days Payable
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Ares Strategic Mining Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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Ares Strategic Mining Days Payable Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Ares Strategic Mining'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.


Ares Strategic Mining Days Payable vs Metals & Mining Industry

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

* The bar in red indicates where Ares Strategic Mining's Days Payable falls into.


XCNQ:ARS
30GF Score
Ares Strategic Mining Inc XCNQ:ARS
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Ares Strategic Mining 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.

Ares Strategic Mining's Days Payable for the fiscal year that ended in Sep. 2025 is calculated as

Days Payable (A: Sep. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Sep. 2024 ) + Accounts Payable (A: Sep. 2025 )) / count ) / Cost of Goods Sold (A: Sep. 2025 )*Days in Period
=( (0 + 0) / 1 ) / 0.275106*365
=0 / 0.275106*365
=0.00

Ares Strategic Mining's Days Payable for the quarter that ended in Jun. 2026 is calculated as:

Days Payable (Q: Jun. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2026 ) + Accounts Payable (Q: Jun. 2026 )) / count ) / Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=( (0 + 0) / 1 ) / 0.105388*365 / 4
=0 / 0.105388*365 / 4
=0.00

* 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.


Ares Strategic Mining Business Description

Other Exchanges ARSMF:USAN8I:Germany
Address 409 Granville Street, Suite 1001, Vancouver, BC, CAN, V6C 1T2
Ares Strategic Mining Inc is a junior natural resource mining company. The Company has one reportable segment, being the acquisition, exploration, and development of resource properties. It is engaged in the acquisition and exploration of lithium resource properties. Its projects include Lost Sheep, Vanadium Ridge Property, Liard Property, jackpot lake property, Wilcox playa and Ontario properties.
30GF Score

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Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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