Monument Mining (TSXV:MMY) Days Payable : 145.95 (As of Dec. 2023)

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What is Monument Mining Days Payable?

Monument Mining's average Accounts Payable for the three months ended in Dec. 2023 was C$13.37 Mil. Monument Mining's Cost of Goods Sold for the three months ended in Dec. 2023 was C$8.36 Mil. Hence, Monument Mining's Days Payable for the three months ended in Dec. 2023 was 145.95.

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

TSXV:MMY' s Days Payable Range Over the Past 10 Years
Min: 58.59 Med: 90.37 Max: 195.89
Current: 195.89

During the past 13 years, Monument Mining's highest Days Payable was 195.89. The lowest was 58.59. And the median was 90.37.

TSXV:MMY's Days Payable is ranked better than
55.71% of 1068 companies
in the Metals & Mining industry
Industry Median: 129.525 vs TSXV:MMY: 195.89

Monument Mining's Days Payable increased from Dec. 2022 (85.77) to Dec. 2023 (145.95). It may suggest that Monument Mining delayed paying its suppliers.

Monument Mining Days Payable Historical Data

The historical data trend for Monument 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.

Monument Mining Days Payable Chart

Monument Mining Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Payable

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107.19

58.59

69.78

73.54

195.61

Monument Mining 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															85.77	244.76	267.24	220.98	145.95

Competitive Comparison of Monument Mining's Days Payable

For the Gold subindustry, Monument 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.

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

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

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

Monument 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.

Monument Mining's Days Payable for the fiscal year that ended in Jun. 2023 is calculated as

	Days Payable (A: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2022 )	+	Accounts Payable (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (3.673	+	11.474)	/	2 )	/	14.132	*	365
=	7.5735					/	14.132	*	365
=	195.61

Monument 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
=	( (14.099	+	12.631)	/	2 )	/	8.356	*	365 / 4
=	13.365					/	8.356	*	365 / 4
=	145.95

Monument Mining Days Payable Related Terms

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Monument Mining (TSXV:MMY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Monument Mining Ltd (TSXV:MMY) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

MMTMF:USA D7Q1:Germany

Address

1100 Melville Street, Suite 1580, Vancouver, BC, CAN, V6E 4A6

Website

https://www.monumentmining.com

Monument Mining Ltd is a gold exploration company engaged in gold producing and mining asset developer that owns and operates the Selinsing gold mine in Malaysia. The Selinsing gold portfolio comprises of Selinsing, Buffalo Reef, Felda Land and Famehub properties in Pahang State, Malaysia and the Murchison Gold Projects comprising Burnakura, Gabanintha and Tuckanarra properties in Western Australia.

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