Mercado Minerals (XCNQ:MERC) Days Payable : 0.00 (As of Nov. 2024)

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What is Mercado Minerals Days Payable?

Mercado Minerals's average Accounts Payable for the three months ended in Nov. 2024 was C$0.07 Mil. Mercado 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 Mercado Minerals's Days Payable or its related term are showing as below:

XCNQ:MERC's Days Payable is not ranked ^*
in the Metals & Mining industry.
Industry Median: 132.23
* Ranked among companies with meaningful Days Payable only.

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

Mercado Minerals Days Payable Historical Data

The historical data trend for Mercado 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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Mercado Minerals Days Payable Chart

Mercado Minerals Annual Data

Trend

Feb22

Feb23

Feb24

Days Payable

Mercado Minerals Quarterly Data
	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24	Nov24
Days Payable	Get a 7-Day Free Trial									-	-	-	-	-

Competitive Comparison of Mercado Minerals's Days Payable

For the Other Industrial Metals & Mining subindustry, Mercado 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.

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

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

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

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Mercado 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.

Mercado Minerals's Days Payable for the fiscal year that ended in Feb. 2024 is calculated as

	Days Payable (A: Feb. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Feb. 2023 )	+	Accounts Payable (A: Feb. 2024 ))	/	count )	/	Cost of Goods Sold (A: Feb. 2024 )	*	Days in Period
=	( (0.034	+	0.128)	/	2 )	/	0	*	365
=	0.081					/	0	*	365
=	N/A

Mercado 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
=	( (0.049	+	0.086)	/	2 )	/	0	*	365 / 4
=	0.0675					/	0	*	365 / 4
=	N/A

Mercado Minerals Days Payable Related Terms

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Mercado Minerals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Mercado Minerals Ltd (XCNQ:MERC) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

551 Howe Street, Suite 200, Vancouver, BC, CAN, V6C 2C2

Website

Mercado Minerals Ltd formerly Heartfield Mining Corp is engaged in the acquisition and exploration of mineral property assets. It operates in one geographic location, Canada, and has one reportable segment, the exploration and evaluation of mineral resource properties.

Executives