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Global Atomic (TSX:GLO) Days Payable : 1,343.73 (As of Dec. 2023)


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What is Global Atomic Days Payable?

Global Atomic's average Accounts Payable for the three months ended in Dec. 2023 was C$0.91 Mil. Global Atomic's Cost of Goods Sold for the three months ended in Dec. 2023 was C$0.06 Mil. Hence, Global Atomic's Days Payable for the three months ended in Dec. 2023 was 1,343.73.

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

TSX:GLO' s Days Payable Range Over the Past 10 Years
Min: 900.23   Med: 1834.59   Max: 407157.5
Current: 3340.56

During the past 13 years, Global Atomic's highest Days Payable was 407157.50. The lowest was 900.23. And the median was 1834.59.

TSX:GLO's Days Payable is ranked better than
78.31% of 1065 companies
in the Metals & Mining industry
Industry Median: 130.91 vs TSX:GLO: 3340.56

Global Atomic's Days Payable declined from Dec. 2022 (2,553.66) to Dec. 2023 (1,343.73). It may suggest that Global Atomic accelerated paying its suppliers.


Global Atomic Days Payable Historical Data

The historical data trend for Global Atomic'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.

Global Atomic Days Payable Chart

Global Atomic Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 900.23 900.53 1,097.39 2,571.78 2,868.34

Global Atomic Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 2,553.66 4,966.61 4,711.25 2,475.33 1,343.73

Competitive Comparison of Global Atomic's Days Payable

For the Other Industrial Metals & Mining subindustry, Global Atomic'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.


Global Atomic's Days Payable Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Global Atomic's Days Payable falls into.



Global Atomic 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.

Global Atomic'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
=( (3.083 + 1.192) / 2 ) / 0.272*365
=2.1375 / 0.272*365
=2,868.34

Global Atomic'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
=( (0.634 + 1.192) / 2 ) / 0.062*365 / 4
=0.913 / 0.062*365 / 4
=1,343.73

* 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.


Global Atomic Days Payable Related Terms

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Global Atomic (TSX:GLO) Business Description

Traded in Other Exchanges
Address
8 King Street East, Suite 1700, Toronto, ON, CAN, M5C 1B5
Global Atomic Corp is a Canadian-based company that operates along with its subsidiaries. Its business activities include processing of electric arc furnace dust (EAFD) obtained from steel companies in Turkey, through a Waelz kiln process to recover zinc concentrates that are then treated by zinc smelters; and acquisition, exploration, and development of uranium properties in Niger. It has two segments the Uranium Business and the EAFD Business. The majority of its revenue comes from its EAFD business.