Carmanah Minerals (XCNQ:CARM) Days Payable : 0.00 (As of May. 2024)

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What is Carmanah Minerals Days Payable?

Carmanah Minerals's average Accounts Payable for the three months ended in May. 2024 was C$0.11 Mil. Carmanah Minerals's Cost of Goods Sold for the three months ended in May. 2024 was C$0.00 Mil.

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

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

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

Carmanah Minerals Days Payable Historical Data

The historical data trend for Carmanah 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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Carmanah Minerals Days Payable Chart

Carmanah Minerals Annual Data

Trend

May21

May22

May23

May24

Days Payable

Carmanah Minerals Quarterly Data
	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24
Days Payable	Get a 7-Day Free Trial									-	-	-	-	-

Competitive Comparison of Carmanah Minerals's Days Payable

For the Other Industrial Metals & Mining subindustry, Carmanah 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.

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

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

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

Carmanah 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.

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

	Days Payable (A: May. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: May. 2023 )	+	Accounts Payable (A: May. 2024 ))	/	count )	/	Cost of Goods Sold (A: May. 2024 )	*	Days in Period
=	( (0.025	+	0.105)	/	2 )	/	0	*	365
=	0.065					/	0	*	365
=	N/A

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

	Days Payable (Q: May. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Feb. 2024 )	+	Accounts Payable (Q: May. 2024 ))	/	count )	/	Cost of Goods Sold (Q: May. 2024 )	*	Days in Period
=	( (0	+	0.105)	/	1 )	/	0	*	365 / 4
=	0.105					/	0	*	365 / 4
=	N/A

Carmanah Minerals Days Payable Related Terms

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Carmanah Minerals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Carmanah Minerals Corp (XCNQ:CARM) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

111 Melville Street, Suite 1100, Vancouver, BC, CAN, V6E 3V6

Website

https://www.carmanahcorp.ca

Carmanah Minerals Corp is in the exploration stage company. It engages in the exploration and development of mineral properties in Canada. The projects in which the company holds an interest are Walker Project (Uranium), Hare Hill Project (Pluton), and Loljuh Project.

Executives

Karim Rayani

10% Security Holder