Zimtu Capital (TSXV:ZC) Days Payable : 43.45 (As of Feb. 2024)

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What is Zimtu Capital Days Payable?

Zimtu Capital's average Accounts Payable for the three months ended in Feb. 2024 was C$0.15 Mil. Zimtu Capital's Cost of Goods Sold for the three months ended in Feb. 2024 was C$0.32 Mil. Hence, Zimtu Capital's Days Payable for the three months ended in Feb. 2024 was 43.45.

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

TSXV:ZC' s Days Payable Range Over the Past 10 Years
Min: 46.97 Med: 92.56 Max: 397.93
Current: 288.65

During the past 13 years, Zimtu Capital's highest Days Payable was 397.93. The lowest was 46.97. And the median was 92.56.

TSXV:ZC's Days Payable is ranked better than
77.23% of 470 companies
in the Asset Management industry
Industry Median: 70.455 vs TSXV:ZC: 288.65

Zimtu Capital's Days Payable declined from Feb. 2023 (372.98) to Feb. 2024 (43.45). It may suggest that Zimtu Capital accelerated paying its suppliers.

Zimtu Capital Days Payable Historical Data

The historical data trend for Zimtu Capital'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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Zimtu Capital Days Payable Chart

Zimtu Capital Annual Data

Trend

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Days Payable

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49.49

94.21

92.56

102.61

397.93

Zimtu Capital Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Days Payable	Get a 7-Day Free Trial															372.98	-	144.14	149.61	43.45

Competitive Comparison of Zimtu Capital's Days Payable

For the Asset Management subindustry, Zimtu Capital'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.

Zimtu Capital's Days Payable Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Zimtu Capital's Days Payable distribution charts can be found below:

* The bar in red indicates where Zimtu Capital's Days Payable falls into.

Zimtu Capital 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.

Zimtu Capital's Days Payable for the fiscal year that ended in Nov. 2023 is calculated as

	Days Payable (A: Nov. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Nov. 2022 )	+	Accounts Payable (A: Nov. 2023 ))	/	count )	/	Cost of Goods Sold (A: Nov. 2023 )	*	Days in Period
=	( (1.154	+	0.115)	/	2 )	/	0.582	*	365
=	0.6345					/	0.582	*	365
=	397.93

Zimtu Capital's Days Payable for the quarter that ended in Feb. 2024 is calculated as:

	Days Payable (Q: Feb. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Nov. 2023 )	+	Accounts Payable (Q: Feb. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Feb. 2024 )	*	Days in Period
=	( (0.115	+	0.185)	/	2 )	/	0.315	*	365 / 4
=	0.15					/	0.315	*	365 / 4
=	43.45

Zimtu Capital Days Payable Related Terms

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Zimtu Capital (TSXV:ZC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Zimtu Capital Corp (TSXV:ZC) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

ZTMUF:USA ZCT1:Germany

Address

789 West Pender Street, Suite 1450, Vancouver, BC, CAN, V6C 1H2

Website

https://www.zimtu.com

Zimtu Capital Corp is an investment company. It is engaged in the business of investments in junior resource companies, acquisitions and dispositions, and the provision of management services. The company's business is located in Canada. It derives revenue from investment in mineral properties and management services.

Executives

Sean Charland

Director

Zimtu Capital (TSXV:ZC) Headlines

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