District Mines (TSXV:DIG.H) Days Payable : 0.00 (As of Dec. 2023)

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What is District Mines Days Payable?

District Mines's average Accounts Payable for the three months ended in Dec. 2023 was C$0.32 Mil. District Mines's Cost of Goods Sold for the three months ended in Dec. 2023 was C$0.00 Mil.

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

During the past 13 years, District Mines's highest Days Payable was 126472.50. The lowest was 203.44. And the median was 5885.63.

TSXV:DIG.H's Days Payable is not ranked ^*
in the Oil & Gas industry.
Industry Median: 61.48
* Ranked among companies with meaningful Days Payable only.

District Mines's Days Payable stayed the same from Dec. 2022 (0.00) to Dec. 2023 (0.00). stayed the same

District Mines Days Payable Historical Data

The historical data trend for District Mines'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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District Mines Days Payable Chart

District Mines Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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126,472.50

114,792.50

District Mines Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of District Mines's Days Payable

For the Oil & Gas E&P subindustry, District Mines'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.

District Mines's Days Payable Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, District Mines's Days Payable distribution charts can be found below:

* The bar in red indicates where District Mines's Days Payable falls into.

District Mines 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.

District Mines's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (0.37	+	0.259)	/	2 )	/	0.001	*	365
=	0.3145					/	0.001	*	365
=	114,792.50

District Mines's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (0.384	+	0.259)	/	2 )	/	0	*	365 / 4
=	0.3215					/	0	*	365 / 4
=	N/A

District Mines Days Payable Related Terms

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District Mines (TSXV:DIG.H) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » District Mines Ltd (TSXV:DIG.H) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

1030 West Georgia, Suite 1507, Vancouver, BC, CAN, V6E 2Y3

Website

https://www.districtmines.com

District Mines Ltd explores and develops petroleum and natural gas reserves in Western Canada. It generates revenue from oil and gas.

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