GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Atlantic Lithium Ltd (LSE:ALL) » Definitions » Days Payable

Atlantic Lithium (LSE:ALL) Days Payable : 17,618.85 (As of Dec. 2023)


View and export this data going back to 2015. Start your Free Trial

What is Atlantic Lithium Days Payable?

Atlantic Lithium's average Accounts Payable for the six months ended in Dec. 2023 was £1.16 Mil. Atlantic Lithium's Cost of Goods Sold for the six months ended in Dec. 2023 was £0.01 Mil. Hence, Atlantic Lithium's Days Payable for the six months ended in Dec. 2023 was 17,618.85.

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

LSE:ALL' s Days Payable Range Over the Past 10 Years
Min: 9964.5   Med: 28274.47   Max: 141620
Current: 16583.17

During the past 13 years, Atlantic Lithium's highest Days Payable was 141620.00. The lowest was 9964.50. And the median was 28274.47.

LSE:ALL's Days Payable is ranked better than
92.11% of 1065 companies
in the Metals & Mining industry
Industry Median: 129.97 vs LSE:ALL: 16583.17

Atlantic Lithium's Days Payable declined from Dec. 2022 (26,781.88) to Dec. 2023 (17,618.85). It may suggest that Atlantic Lithium accelerated paying its suppliers.


Atlantic Lithium Days Payable Historical Data

The historical data trend for Atlantic Lithium'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.

Atlantic Lithium Days Payable Chart

Atlantic Lithium Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22,812.50 24,181.25 41,662.14 47,121.50 32,367.68

Atlantic Lithium Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 60,384.69 50,534.25 26,781.88 17,565.63 17,618.85

Competitive Comparison of Atlantic Lithium's Days Payable

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


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

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

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



Atlantic Lithium 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.

Atlantic Lithium'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
=( (1.352 + 1.131) / 2 ) / 0.014*365
=1.2415 / 0.014*365
=32,367.68

Atlantic Lithium'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: Jun. 2023 ) + Accounts Payable (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (1.131 + 1.186) / 2 ) / 0.012*365 / 2
=1.1585 / 0.012*365 / 2
=17,618.85

* 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.


Atlantic Lithium Days Payable Related Terms

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


Atlantic Lithium (LSE:ALL) Business Description

Traded in Other Exchanges
Address
264 George Street, Level 33, Australia Square, Sydney, NSW, AUS, 2000
Atlantic Lithium Ltd is an Australia-based lithium exploration company. It owns an extensive portfolio of exploration and development assets providing exploration upside across both Ghana and Cote d'Ivoire.

Atlantic Lithium (LSE:ALL) Headlines