Gossan Resources (TSXV:GSS) Days Payable : 0.00 (As of Jun. 2024)

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What is Gossan Resources Days Payable?

Gossan Resources's average Accounts Payable for the three months ended in Jun. 2024 was C$0.09 Mil. Gossan Resources's Cost of Goods Sold for the three months ended in Jun. 2024 was C$0.00 Mil.

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

TSXV:GSS's Days Payable is not ranked ^*
in the Metals & Mining industry.
Industry Median: 136.525
* Ranked among companies with meaningful Days Payable only.

Gossan Resources's Days Payable stayed the same from Jun. 2023 (0.00) to Jun. 2024 (0.00). stayed the same

Gossan Resources Days Payable Historical Data

The historical data trend for Gossan Resources'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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Gossan Resources Days Payable Chart

Gossan Resources Annual Data

Trend

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Mar24

Days Payable

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Gossan Resources Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Days Payable	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Gossan Resources's Days Payable

For the Other Industrial Metals & Mining subindustry, Gossan Resources'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.

Gossan Resources's Days Payable Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Gossan Resources's Days Payable falls into.

Gossan Resources 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.

Gossan Resources's Days Payable for the fiscal year that ended in Mar. 2024 is calculated as

	Days Payable (A: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2023 )	+	Accounts Payable (A: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2024 )	*	Days in Period
=	( (0.141	+	0.084)	/	2 )	/	0	*	365
=	0.1125					/	0	*	365
=	N/A

Gossan Resources's Days Payable for the quarter that ended in Jun. 2024 is calculated as:

	Days Payable (Q: Jun. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2024 )	+	Accounts Payable (Q: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
=	( (0.084	+	0.086)	/	2 )	/	0	*	365 / 4
=	0.085					/	0	*	365 / 4
=	N/A

Gossan Resources Days Payable Related Terms

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Gossan Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Gossan Resources Ltd (TSXV:GSS) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

GSSRF:USA GSR:Germany GSR:Germany

Address

171 Donald Street, Suite 404, Winnipeg, MB, CAN, R3C 1M4

Website

https://www.gossan.ca

Gossan Resources Ltd is engaged in the business of exploration and development of mineral resources in Newfoundland, Manitoba, and northwestern Ontario and processes in multiple Metals and Mining. The company's project portfolio includes the Sturgeon Lake Zinc Property, Inwood Magnesium Dolomite Property, Pipestone Project, Bird River Property, and Separation Rapids Specialty Minerals Project.

Executives