NOA Lithium Brines (TSXV:NOAL) Days Payable : 3,202.30 (As of Dec. 2023)

View and export this data going back to 2023. Start your Free Trial

What is NOA Lithium Brines Days Payable?

NOA Lithium Brines's average Accounts Payable for the three months ended in Dec. 2023 was C$1.12 Mil. NOA Lithium Brines's Cost of Goods Sold for the three months ended in Dec. 2023 was C$0.03 Mil. Hence, NOA Lithium Brines's Days Payable for the three months ended in Dec. 2023 was 3,202.30.

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

TSXV:NOAL' s Days Payable Range Over the Past 10 Years
Min: 4339.03 Med: 4339.03 Max: 5653.78
Current: 5653.78

During the past 5 years, NOA Lithium Brines's highest Days Payable was 5653.78. The lowest was 4339.03. And the median was 4339.03.

TSXV:NOAL's Days Payable is ranked better than
83.71% of 1068 companies
in the Metals & Mining industry
Industry Median: 136.695 vs TSXV:NOAL: 5653.78

NOA Lithium Brines's Days Payable increased from Dec. 2022 (0.00) to Dec. 2023 (3,202.30). It may suggest that NOA Lithium Brines delayed paying its suppliers.

NOA Lithium Brines Days Payable Historical Data

The historical data trend for NOA Lithium Brines'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.

NOA Lithium Brines Days Payable Chart

NOA Lithium Brines Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

4,339.03

NOA Lithium Brines Quarterly Data
	Dec19	Dec20	Sep21	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial						-	-	7,147.92	21,341.09	3,202.30

Competitive Comparison of NOA Lithium Brines's Days Payable

For the Other Industrial Metals & Mining subindustry, NOA Lithium Brines'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.

NOA Lithium Brines's Days Payable Distribution in the Metals & Mining Industry

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

* The bar in red indicates where NOA Lithium Brines's Days Payable falls into.

NOA Lithium Brines 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.

NOA Lithium Brines'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
=	( (0.32	+	0.845)	/	2 )	/	0.049	*	365
=	0.5825					/	0.049	*	365
=	4,339.03

NOA Lithium Brines'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
=	( (1.401	+	0.845)	/	2 )	/	0.032	*	365 / 4
=	1.123					/	0.032	*	365 / 4
=	3,202.30

NOA Lithium Brines Days Payable Related Terms

Thank you for viewing the detailed overview of NOA Lithium Brines's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

NOA Lithium Brines (TSXV:NOAL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » NOA Lithium Brines Inc (TSXV:NOAL) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

NLIBF:USA N7N:Germany

Address

639 – 5th Avenue S.W, Suite 1250, Calgary, AB, CAN, T2P 0M9

Website

https://www.noalithium.com

NOA Lithium Brines Inc is a lithium exploration and development company formed to acquire assets with resource potential. The company's projects are in the heart of the prolific Lithium Triangle, in the mining-friendly province of Salta, Argentina, near a multitude of projects and operations, managed by some of the players in the lithium industry.

NOA Lithium Brines (TSXV:NOAL) Headlines

No Headlines