Inception Mining (Inception Mining) Days Payable : 0.00 (As of Mar. 2024)

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What is Inception Mining Days Payable?

Inception Mining's average Accounts Payable for the three months ended in Mar. 2024 was $0.36 Mil. Inception Mining's Cost of Goods Sold for the three months ended in Mar. 2024 was $0.00 Mil.

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

During the past 13 years, Inception Mining's highest Days Payable was 87052.50. The lowest was 22.91. And the median was 82.55.

IMII's Days Payable is not ranked ^*
in the Metals & Mining industry.
Industry Median: 136.25
* Ranked among companies with meaningful Days Payable only.

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

Inception Mining Days Payable Historical Data

The historical data trend for Inception 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.

* Premium members only.

Inception Mining Days Payable Chart

Inception Mining Annual Data

Trend

Jul14

Jul15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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64.75

94.63

46,659.17

32,120.00

87,052.50

Inception Mining Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Inception Mining's Days Payable

For the Gold subindustry, Inception 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.

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

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

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

Inception 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.

Inception Mining'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
=	( (0.128	+	0.349)	/	2 )	/	0.001	*	365
=	0.2385					/	0.001	*	365
=	87,052.50

Inception Mining'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
=	( (0.349	+	0.368)	/	2 )	/	0	*	365 / 4
=	0.3585					/	0	*	365 / 4
=	N/A

Inception Mining Days Payable Related Terms

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Inception Mining (Inception Mining) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Inception Mining Inc (OTCPK:IMII) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

5530 South 900 East, Suite 280, Murray, UT, USA, 84117

Website

https://www.inceptionmining.com

Inception Mining Inc is engaged in the identification, exploration, acquisition, and development of mineral properties. The company primarily explores gold. Its operations are focused on the Clavo Rico mine in Honduras, Central America. Inception derives most of its revenue from mining operations.

Executives

Whitney O Cluff	director, officer: Chief Financial Officer	6550 SOUTH MILLROCK DRIVE, SUITE 200, SALT LAKE CITY UT 84121
Trent D'ambrosio	director, 10 percent owner	5320 SOUTH 900 EAST, #260, MURRAY UT 84107
Reed L Benson	director	7050 UNION PARK CENTER, #600, SALT LAKE CITY UT 84047
Jason Briggs	10 percent owner	4049 S. HIGHLAND DRIVE, SALT LAKE CITY UT 84124
Kay W Briggs	director	978 EAGLE WAY, NORTH SALT LAKE UT 84054
Michael Ahlin	director, officer: CEO	4770 ICHABOD DRIVE, HOLLADAY UT 84117
Brian T. Brewer	director, officer: COO	P.O. BOX 305, SALMON ID 83467