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Quebec Rare Earth Elements (XCNQ:QREE) Days Payable : 0.00 (As of Jan. 2024)


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What is Quebec Rare Earth Elements Days Payable?

Quebec Rare Earth Elements's average Accounts Payable for the three months ended in Jan. 2024 was C$0.10 Mil. Quebec Rare Earth Elements's Cost of Goods Sold for the three months ended in Jan. 2024 was C$0.00 Mil.

The historical rank and industry rank for Quebec Rare Earth Elements's Days Payable or its related term are showing as below:

XCNQ:QREE's Days Payable is not ranked *
in the Metals & Mining industry.
Industry Median: 135.555
* Ranked among companies with meaningful Days Payable only.

Quebec Rare Earth Elements's Days Payable stayed the same from Jan. 2023 (0.00) to Jan. 2024 (0.00). stayed the same


Quebec Rare Earth Elements Days Payable Historical Data

The historical data trend for Quebec Rare Earth Elements'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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Quebec Rare Earth Elements Days Payable Chart

Quebec Rare Earth Elements Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Days Payable
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Quebec Rare Earth Elements Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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Competitive Comparison of Quebec Rare Earth Elements's Days Payable

For the Other Industrial Metals & Mining subindustry, Quebec Rare Earth Elements'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.


Quebec Rare Earth Elements's Days Payable Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Quebec Rare Earth Elements's Days Payable falls into.



Quebec Rare Earth Elements 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.

Quebec Rare Earth Elements's Days Payable for the fiscal year that ended in Apr. 2023 is calculated as

Days Payable (A: Apr. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Apr. 2022 ) + Accounts Payable (A: Apr. 2023 )) / count ) / Cost of Goods Sold (A: Apr. 2023 )*Days in Period
=( (0.102 + 0.119) / 2 ) / 0*365
=0.1105 / 0*365
=N/A

Quebec Rare Earth Elements's Days Payable for the quarter that ended in Jan. 2024 is calculated as:

Days Payable (Q: Jan. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Oct. 2023 ) + Accounts Payable (Q: Jan. 2024 )) / count ) / Cost of Goods Sold (Q: Jan. 2024 )*Days in Period
=( (0.086 + 0.123) / 2 ) / 0*365 / 4
=0.1045 / 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.


Quebec Rare Earth Elements Days Payable Related Terms

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Quebec Rare Earth Elements (XCNQ:QREE) Business Description

Traded in Other Exchanges
Address
217 Queen Street West, Suite 401, Toronto, ON, CAN, M5V 0R2
Quebec Rare Earth Elements Corp is a junior exploration company targeting gold, silver, platinum, and palladium in some of the most active exploration districts in Canada. Its flagship asset, the Starr Project, is host to multiple high-grade gold and silver discoveries that have been identified through trenching, bulk sampling, and diamond drilling. In addition, the company is one of the landholders in the rapidly advancing Marathon/Thunder Bay North area mining districts where Generation Mining and Clean Air Metals are advancing their sizable high grade platinum-palladium +/- copper-nickel-silver-gold projects. The company also holds sizable land positions in British Columbia's Golden Triangle.
Executives
John Warren Jentz 10% Security Holder, Director