Troy Minerals (XCNQ:TROY) Days Payable : 0.00 (As of Feb. 2024)

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What is Troy Minerals Days Payable?

Troy Minerals's average Accounts Payable for the three months ended in Feb. 2024 was C$0.04 Mil. Troy Minerals's Cost of Goods Sold for the three months ended in Feb. 2024 was C$0.00 Mil.

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

XCNQ:TROY's Days Payable is not ranked ^*
in the Metals & Mining industry.
Industry Median: 136.15
* Ranked among companies with meaningful Days Payable only.

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

Troy Minerals Days Payable Historical Data

The historical data trend for Troy 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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Troy Minerals Days Payable Chart

Troy Minerals Annual Data

Trend

May22

May23

Days Payable

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

Competitive Comparison of Troy Minerals's Days Payable

For the Gold subindustry, Troy 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.

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

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

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

Troy 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.

Troy Minerals's Days Payable for the fiscal year that ended in May. 2023 is calculated as

	Days Payable (A: May. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: May. 2022 )	+	Accounts Payable (A: May. 2023 ))	/	count )	/	Cost of Goods Sold (A: May. 2023 )	*	Days in Period
=	( (0.01	+	0.035)	/	2 )	/	0	*	365
=	0.0225					/	0	*	365
=	N/A

Troy Minerals's Days Payable for the quarter that ended in Feb. 2024 is calculated as:

	Days Payable (Q: Feb. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Nov. 2023 )	+	Accounts Payable (Q: Feb. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Feb. 2024 )	*	Days in Period
=	( (0.01	+	0.061)	/	2 )	/	0	*	365 / 4
=	0.0355					/	0	*	365 / 4
=	N/A

Troy Minerals Days Payable Related Terms

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Troy Minerals (XCNQ:TROY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Troy Minerals Inc (XCNQ:TROY) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

TROYF:USA VJ3:Germany

Address

c/o 750 West Pender Street, Suite 1200, Vancouver, BC, CAN, V6C 2T8

Website

https://www.troyminerals.com

Troy Minerals Inc is a mining exploration company engaged in the identification, acquisition, evaluation, and exploration of mineral properties located in British Columbia, Canada. The company holds 100% interest in the Green Gold Property which consists of 12 mineral claims covering an area of approximately 7,587 hectares located near Prince George, British Columbia.

Executives

Rana Gurvinder Vig

Director, Senior Officer

Troy Minerals (XCNQ:TROY) Headlines

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