Muzhu Mining (XCNQ:MUZU) Days Payable : 8,988.13 (As of Dec. 2023)

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What is Muzhu Mining Days Payable?

Muzhu Mining's average Accounts Payable for the three months ended in Dec. 2023 was C$0.20 Mil. Muzhu Mining's Cost of Goods Sold for the three months ended in Dec. 2023 was C$0.00 Mil. Hence, Muzhu Mining's Days Payable for the three months ended in Dec. 2023 was 8,988.13.

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

XCNQ:MUZU' s Days Payable Range Over the Past 10 Years
Min: 0 Med: 0 Max: 17002.92
Current: 17002.92

During the past 1 years, Muzhu Mining's highest Days Payable was 17002.92. The lowest was 0.00. And the median was 0.00.

XCNQ:MUZU's Days Payable is ranked better than
92.7% of 1068 companies
in the Metals & Mining industry
Industry Median: 135.555 vs XCNQ:MUZU: 17002.92

Muzhu Mining's Days Payable increased from Jun. 2022 (0.00) to Dec. 2023 (8,988.13). It may suggest that Muzhu Mining delayed paying its suppliers.

Muzhu Mining Days Payable Historical Data

The historical data trend for Muzhu Mining'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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Muzhu Mining Days Payable Chart

Muzhu Mining Annual Data

Trend

Dec20

Days Payable

Muzhu Mining Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial							-	-	-	8,235.31	8,988.13

Competitive Comparison of Muzhu Mining's Days Payable

For the Other Industrial Metals & Mining subindustry, Muzhu Mining'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.

Muzhu Mining's Days Payable Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Muzhu Mining's Days Payable falls into.

Muzhu Mining 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.

Muzhu Mining's Days Payable for the fiscal year that ended in Dec. 2020 is calculated as

	Days Payable (A: Dec. 2020 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: . 20 )	+	Accounts Payable (A: Dec. 2020 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2020 )	*	Days in Period
=	( (	+	0.339)	/	1 )	/	0	*	365
=	0.339					/	0	*	365
=	N/A

Muzhu Mining'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
=	( (0.196	+	0.198)	/	2 )	/	0.002	*	365 / 4
=	0.197					/	0.002	*	365 / 4
=	8,988.13

Muzhu Mining Days Payable Related Terms

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Muzhu Mining (XCNQ:MUZU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Muzhu Mining Ltd (XCNQ:MUZU) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

Y33:Germany

Address

777 Hornby Street, Suite 600, Vancouver, BC, CAN, V6Z 1S4

Website

https://www.muzhumining.com

Muzhu Mining Ltd is a junior exploration company operating in Quebec, and is engaged in exploration, development and mining of precious metals properties domestically and/or internationally and currently has exploration property agreements in Canada and China. The company holds 100% interest in the Sleeping Giant South Project, located in the Abitibi Greenstone Belt.

Executives

James Christopher Tworek

Deemed Insider - 6 Months before becoming Insider

Muzhu Mining (XCNQ:MUZU) Headlines

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