Minas Metals (XCNQ:MINA) Days Payable : 0.00 (As of Oct. 2023)

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What is Minas Metals Days Payable?

Minas Metals's average Accounts Payable for the three months ended in Oct. 2023 was C$0.23 Mil. Minas Metals's Cost of Goods Sold for the three months ended in Oct. 2023 was C$0.00 Mil.

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

XCNQ:MINA's Days Payable is not ranked ^*
in the Metals & Mining industry.
Industry Median: 138.32
* Ranked among companies with meaningful Days Payable only.

Minas Metals's Days Payable stayed the same from Oct. 2022 (0.00) to Oct. 2023 (0.00). stayed the same

Minas Metals Days Payable Historical Data

The historical data trend for Minas Metals'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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Minas Metals Days Payable Chart

Minas Metals Annual Data

Trend

Jan22

Jan23

Days Payable

Minas Metals Quarterly Data
	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23
Days Payable	Get a 7-Day Free Trial						-	-	-	-	-

Competitive Comparison of Minas Metals's Days Payable

For the Gold subindustry, Minas Metals'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.

Minas Metals's Days Payable Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Minas Metals's Days Payable falls into.

Minas Metals 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.

Minas Metals's Days Payable for the fiscal year that ended in Jan. 2023 is calculated as

	Days Payable (A: Jan. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jan. 2022 )	+	Accounts Payable (A: Jan. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jan. 2023 )	*	Days in Period
=	( (0.133	+	0.057)	/	2 )	/	0	*	365
=	0.095					/	0	*	365
=	N/A

Minas Metals's Days Payable for the quarter that ended in Oct. 2023 is calculated as:

	Days Payable (Q: Oct. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jul. 2023 )	+	Accounts Payable (Q: Oct. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Oct. 2023 )	*	Days in Period
=	( (0.263	+	0.199)	/	2 )	/	0	*	365 / 4
=	0.231					/	0	*	365 / 4
=	N/A

Minas Metals Days Payable Related Terms

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Minas Metals (XCNQ:MINA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Minas Metals Ltd (XCNQ:MINA) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

1J1:Germany

Address

1030 West Georgia Street, Suite 918, Vancouver, BC, CAN, V6E 2Y3

Website

https://www.minasmetals.ca

Minas Metals Ltd is a Canadian junior mining exploration company exploring its flagship Cracker Creek gold project in northeastern Oregon, USA, and battery metal projects in Minas Gerais state of Brazil, a mining-friendly jurisdiction that is quickly emerging as a world-class hard-rock lithium district.

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