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Gfm Resources (TSXV:GFM.H) Days Payable : 0.00 (As of Mar. 2024)


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What is Gfm Resources Days Payable?

Gfm Resources's average Accounts Payable for the three months ended in Mar. 2024 was C$0.02 Mil. Gfm Resources's Cost of Goods Sold for the three months ended in Mar. 2024 was C$0.00 Mil.

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

TSXV:GFM.H's Days Payable is not ranked *
in the Metals & Mining industry.
Industry Median: 138.82
* Ranked among companies with meaningful Days Payable only.

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


Gfm Resources Days Payable Historical Data

The historical data trend for Gfm 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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Gfm Resources Days Payable Chart

Gfm Resources Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
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Gfm Resources Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Gfm Resources's Days Payable

For the Other Industrial Metals & Mining subindustry, Gfm 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.


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

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

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



Gfm 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.

Gfm Resources'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 + 0.028) / 1 ) / 0*365
=0.028 / 0*365
=N/A

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

Days Payable (Q: Mar. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2023 ) + Accounts Payable (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (0.028 + 0.003) / 2 ) / 0*365 / 4
=0.0155 / 0*365 / 4
=N/A

* 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.


Gfm Resources Days Payable Related Terms

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Gfm Resources (TSXV:GFM.H) Business Description

Traded in Other Exchanges
N/A
Address
1111 Melville Street, Suite 1100, Vancouver, BC, CAN, V6E 3V6
Gfm Resources Ltd is a Canada-based mineral exploration company. It is engaged in the business of acquisition, exploration, and development of mineral properties in Mexico. Its property includes La Casita, Durango and Dany II, Guanajuato project.

Gfm Resources (TSXV:GFM.H) Headlines

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