Lithium Americas (Argentina) (TSX:LAAC) Days Payable : 3,762.54 (As of Mar. 2024)

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What is Lithium Americas (Argentina) Days Payable?

Lithium Americas (Argentina)'s average Accounts Payable for the three months ended in Mar. 2024 was C$9.90 Mil. Lithium Americas (Argentina)'s Cost of Goods Sold for the three months ended in Mar. 2024 was C$0.24 Mil. Hence, Lithium Americas (Argentina)'s Days Payable for the three months ended in Mar. 2024 was 3,762.54.

The historical rank and industry rank for Lithium Americas (Argentina)'s Days Payable or its related term are showing as below:

TSX:LAAC' s Days Payable Range Over the Past 10 Years
Min: 0 Med: 0 Max: 15050.17
Current: 15050.17

During the past 13 years, Lithium Americas (Argentina)'s highest Days Payable was 15050.17. The lowest was 0.00. And the median was 0.00.

TSX:LAAC's Days Payable is ranked better than
90.84% of 1070 companies
in the Metals & Mining industry
Industry Median: 138.82 vs TSX:LAAC: 15050.17

Lithium Americas (Argentina)'s Days Payable increased from Mar. 2023 (0.00) to Mar. 2024 (3,762.54). It may suggest that Lithium Americas (Argentina) delayed paying its suppliers.

Lithium Americas (Argentina) Days Payable Historical Data

The historical data trend for Lithium Americas (Argentina)'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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Lithium Americas (Argentina) Days Payable Chart

Lithium Americas (Argentina) Annual Data

Trend

Sep14

Sep15

Sep16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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Lithium Americas (Argentina) 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															-	-	-	-	3,762.54

Competitive Comparison of Lithium Americas (Argentina)'s Days Payable

For the Other Industrial Metals & Mining subindustry, Lithium Americas (Argentina)'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.

Lithium Americas (Argentina)'s Days Payable Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Lithium Americas (Argentina)'s Days Payable distribution charts can be found below:

* The bar in red indicates where Lithium Americas (Argentina)'s Days Payable falls into.

Lithium Americas (Argentina) 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.

Lithium Americas (Argentina)'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	+	0)	/	1 )	/	0	*	365
=	0					/	0	*	365
=	N/A

Lithium Americas (Argentina)'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	+	9.896)	/	1 )	/	0.24	*	365 / 4
=	9.896					/	0.24	*	365 / 4
=	3,762.54

Lithium Americas (Argentina) Days Payable Related Terms

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Lithium Americas (Argentina) (TSX:LAAC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Lithium Americas (Argentina) Corp (TSX:LAAC) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

LAAC:USA WUC0:Germany

Address

900 West Hastings Street, Suite 300, Vancouver, BC, CAN, V6C 1E5

Website

https://www.lithium-argentina.com

Lithium Argentina is a pure-play lithium producer. The company owns two neighboring lithium brine resources in northwest Argentina: Chauchari-Olaroz and Pastos Grandes. Chauchari-Olaroz entered production in 2023, while Pastos Grandes is still in development. Lithium Argentina plans for both resources to be fully integrated with onside downstream processing capabilities and will sell into the lithium chemical market.

Executives

Juan Diego Lopez Casanello

Director