Mijem Newcomm Tech (XCNQ:MJEM) Days Payable : 0.00 (As of Jan. 2024)

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What is Mijem Newcomm Tech Days Payable?

Mijem Newcomm Tech's average Accounts Payable for the three months ended in Jan. 2024 was C$0.00 Mil. Mijem Newcomm Tech's Cost of Goods Sold for the three months ended in Jan. 2024 was C$0.00 Mil.

The historical rank and industry rank for Mijem Newcomm Tech's Days Payable or its related term are showing as below:

XCNQ:MJEM's Days Payable is not ranked ^*
in the Software industry.
Industry Median: 50.275
* Ranked among companies with meaningful Days Payable only.

Mijem Newcomm Tech's Days Payable stayed the same from Jan. 2023 (0.00) to Jan. 2024 (0.00). stayed the same

Mijem Newcomm Tech Days Payable Historical Data

The historical data trend for Mijem Newcomm Tech'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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Mijem Newcomm Tech Days Payable Chart

Mijem Newcomm Tech Annual Data

Trend

Dec20

Jul21

Jul22

Jul23

Days Payable

Mijem Newcomm Tech Quarterly Data
	Oct20	Jun21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Days Payable	Get a 7-Day Free Trial							-	-	-	-	-

Competitive Comparison of Mijem Newcomm Tech's Days Payable

For the Software - Application subindustry, Mijem Newcomm Tech'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.

Mijem Newcomm Tech's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, Mijem Newcomm Tech's Days Payable distribution charts can be found below:

* The bar in red indicates where Mijem Newcomm Tech's Days Payable falls into.

Mijem Newcomm Tech 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.

Mijem Newcomm Tech's Days Payable for the fiscal year that ended in Jul. 2023 is calculated as

	Days Payable (A: Jul. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jul. 2022 )	+	Accounts Payable (A: Jul. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jul. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0.127	*	365
=	0					/	0.127	*	365
=	0.00

Mijem Newcomm Tech's Days Payable for the quarter that ended in Jan. 2024 is calculated as:

	Days Payable (Q: Jan. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Oct. 2023 )	+	Accounts Payable (Q: Jan. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jan. 2024 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0	*	365 / 4
=	0					/	0	*	365 / 4
=	N/A

Mijem Newcomm Tech Days Payable Related Terms

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Mijem Newcomm Tech (XCNQ:MJEM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Mijem Newcomm Tech Inc (XCNQ:MJEM) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

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Address

50 Carroll St, Toronto, ON, CAN, M4M 3G3

Website

https://www.mijem.com

Mijem Newcomm Tech Inc is engaged in the development and monetization of online and mobile applications.

Mijem Newcomm Tech (XCNQ:MJEM) Headlines

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