Tantalex Lithium Resources (XCNQ:TTX) Days Payable : 0.00 (As of Nov. 2023)

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What is Tantalex Lithium Resources Days Payable?

Tantalex Lithium Resources's average Accounts Payable for the three months ended in Nov. 2023 was C$0.00 Mil. Tantalex Lithium Resources's Cost of Goods Sold for the three months ended in Nov. 2023 was C$0.12 Mil. Hence, Tantalex Lithium Resources's Days Payable for the three months ended in Nov. 2023 was 0.00.

The historical rank and industry rank for Tantalex Lithium Resources's Days Payable or its related term are showing as below:

XCNQ:TTX' s Days Payable Range Over the Past 10 Years
Min: 2237.39 Med: 18740.47 Max: 38325
Current: 2237.39

During the past 13 years, Tantalex Lithium Resources's highest Days Payable was 38325.00. The lowest was 2237.39. And the median was 18740.47.

XCNQ:TTX's Days Payable is ranked better than
74.41% of 1067 companies
in the Metals & Mining industry
Industry Median: 131.81 vs XCNQ:TTX: 2237.39

Tantalex Lithium Resources's Days Payable stayed the same from Nov. 2022 (0.00) to Nov. 2023 (0.00). stayed the same

Tantalex Lithium Resources Days Payable Historical Data

The historical data trend for Tantalex Lithium Resources'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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Tantalex Lithium Resources Days Payable Chart

Tantalex Lithium Resources Annual Data

Trend

Feb14

Feb15

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Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Days Payable

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2,566.41

Tantalex Lithium Resources Quarterly Data
	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
Days Payable	Get a 7-Day Free Trial															-	-	1,701.54	1,715.96	-

Competitive Comparison of Tantalex Lithium Resources's Days Payable

For the Other Industrial Metals & Mining subindustry, Tantalex Lithium Resources'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.

Tantalex Lithium Resources's Days Payable Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Tantalex Lithium Resources's Days Payable falls into.

Tantalex Lithium Resources 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.

Tantalex Lithium Resources's Days Payable for the fiscal year that ended in Feb. 2023 is calculated as

	Days Payable (A: Feb. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Feb. 2022 )	+	Accounts Payable (A: Feb. 2023 ))	/	count )	/	Cost of Goods Sold (A: Feb. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0.309	*	365
=	0					/	0.309	*	365
=	0.00

Tantalex Lithium Resources's Days Payable for the quarter that ended in Nov. 2023 is calculated as:

	Days Payable (Q: Nov. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Aug. 2023 )	+	Accounts Payable (Q: Nov. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Nov. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0.122	*	365 / 4
=	0					/	0.122	*	365 / 4
=	0.00

Tantalex Lithium Resources Days Payable Related Terms

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Tantalex Lithium Resources (XCNQ:TTX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Tantalex Lithium Resources Corp (XCNQ:TTX) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

TTLXF:USA DW8:Germany

Address

120 Adelaide Street West, Suite 1410, Toronto, ON, CAN, M5H 1T1

Website

https://www.tantalexlithium.com

Tantalex Lithium Resources Corp is a mining exploration and development company. It is engaged in the acquisition, exploration, development, and distribution of lithium, tin, tantalum, and other high?tech mineral properties in Africa. Its projects comprise Manono Tailings, Pegmatite Corridor Exploration, and Lubule Tin and Tantalum. It has one operating segment being the sector of exploration and evaluation of mineral resources.

Executives

Simon Matthew Collins

Deemed Insider - 6 Months before becoming Insider

Tantalex Lithium Resources (XCNQ:TTX) Headlines

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