CMX Gold & Silver (XCNQ:CXC) Days Payable : 5,794.38 (As of Dec. 2023)

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What is CMX Gold & Silver Days Payable?

CMX Gold & Silver's average Accounts Payable for the three months ended in Dec. 2023 was C$0.06 Mil. CMX Gold & Silver's Cost of Goods Sold for the three months ended in Dec. 2023 was C$0.00 Mil. Hence, CMX Gold & Silver's Days Payable for the three months ended in Dec. 2023 was 5,794.38.

The historical rank and industry rank for CMX Gold & Silver's Days Payable or its related term are showing as below:

XCNQ:CXC' s Days Payable Range Over the Past 10 Years
Min: 201.01 Med: 13089.82 Max: 18432.5
Current: 1044.22

During the past 13 years, CMX Gold & Silver's highest Days Payable was 18432.50. The lowest was 201.01. And the median was 13089.82.

XCNQ:CXC's Days Payable is ranked better than
67.35% of 1069 companies
in the Metals & Mining industry
Industry Median: 138.32 vs XCNQ:CXC: 1044.22

CMX Gold & Silver's Days Payable increased from Dec. 2022 (183.64) to Dec. 2023 (5,794.38). It may suggest that CMX Gold & Silver delayed paying its suppliers.

CMX Gold & Silver Days Payable Historical Data

The historical data trend for CMX Gold & Silver'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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CMX Gold & Silver Days Payable Chart

CMX Gold & Silver Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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10,804.00

13,724.00

12,455.63

201.01

1,412.39

CMX Gold & Silver Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															183.64	7,254.38	351.96	560.54	5,794.38

Competitive Comparison of CMX Gold & Silver's Days Payable

For the Other Industrial Metals & Mining subindustry, CMX Gold & Silver'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.

CMX Gold & Silver's Days Payable Distribution in the Metals & Mining Industry

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

* The bar in red indicates where CMX Gold & Silver's Days Payable falls into.

CMX Gold & Silver 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.

CMX Gold & Silver's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (0.094	+	0.084)	/	2 )	/	0.023	*	365
=	0.089					/	0.023	*	365
=	1,412.39

CMX Gold & Silver's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (0.043	+	0.084)	/	2 )	/	0.001	*	365 / 4
=	0.0635					/	0.001	*	365 / 4
=	5,794.38

CMX Gold & Silver Days Payable Related Terms

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CMX Gold & Silver (XCNQ:CXC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » CMX Gold & Silver Corp (XCNQ:CXC) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

CXXMF:USA

Address

31 Stranraer Place SW, Calgary, AB, CAN, T3H 1H5

Website

https://www.cmxgoldandsilver.com

CMX Gold & Silver Corp is engaged in mineral exploration. The company is a junior mining company with a silver-lead-zinc property in the United States of America. Its geographical segments are Canada and the United States.

Executives

Lossie Alston	Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Ron Otsig	10% Security Holder
Brinkton Corporation	Deemed Insider - 6 Months before becoming Insider
Glen Robert Alston	Senior Officer

CMX Gold & Silver (XCNQ:CXC) Headlines

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