Almonty Industries (TSX:AII) Days Payable : 292.04 (As of Dec. 2023)

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What is Almonty Industries Days Payable?

Almonty Industries's average Accounts Payable for the three months ended in Dec. 2023 was C$16.90 Mil. Almonty Industries's Cost of Goods Sold for the three months ended in Dec. 2023 was C$5.28 Mil. Hence, Almonty Industries's Days Payable for the three months ended in Dec. 2023 was 292.04.

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

TSX:AII' s Days Payable Range Over the Past 10 Years
Min: 68.7 Med: 157.58 Max: 280.09
Current: 260.39

During the past 12 years, Almonty Industries's highest Days Payable was 280.09. The lowest was 68.70. And the median was 157.58.

TSX:AII's Days Payable is ranked better than
57.46% of 1065 companies
in the Metals & Mining industry
Industry Median: 129.97 vs TSX:AII: 260.39

Almonty Industries's Days Payable increased from Dec. 2022 (170.80) to Dec. 2023 (292.04). It may suggest that Almonty Industries delayed paying its suppliers.

Almonty Industries Days Payable Historical Data

The historical data trend for Almonty Industries'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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Almonty Industries Days Payable Chart

Almonty Industries Annual Data

Trend

Sep13

Sep14

Sep15

Sep16

Sep17

Sep18

Dec20

Dec21

Dec22

Dec23

Days Payable

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97.60

204.79

252.52

208.99

280.09

Almonty Industries Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															170.80	201.03	232.39	322.99	292.04

Competitive Comparison of Almonty Industries's Days Payable

For the Other Industrial Metals & Mining subindustry, Almonty Industries'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.

Almonty Industries's Days Payable Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Almonty Industries's Days Payable falls into.

Almonty Industries 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.

Almonty Industries'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
=	( (13.218	+	19.667)	/	2 )	/	21.427	*	365
=	16.4425					/	21.427	*	365
=	280.09

Almonty Industries'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
=	( (14.136	+	19.667)	/	2 )	/	5.281	*	365 / 4
=	16.9015					/	5.281	*	365 / 4
=	292.04

Almonty Industries Days Payable Related Terms

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Almonty Industries (TSX:AII) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Almonty Industries Inc (TSX:AII) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

ALMTF:USA 1MR:Germany AII:Australia

Address

100 King Street West, Suite 5700, Toronto, ON, CAN, M5X 1C7

Website

https://www.almonty.com

Almonty Industries Inc is engaged in the mining, processing and shipping of tungsten concentrate from its Los Santos tungsten mine located near Salamanca, Spain - the Los Santos Mine, the processing and shipping of tungsten concentrate from its Panasqueira tin and tungsten mine in Covilha, Castelo Branco, Portugal - the Panasqueira Mine, the evaluation of its Valtreixal tin and tungsten mine project located in Western Spain in the province of Zamora - the Valtreixal Mine, as well as the evaluation and evaluation of its Sangdong tungsten mine project located in Gangwon Province, Republic of Korea - the Sangdong Mine.

Almonty Industries (TSX:AII) Headlines

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