Lithium Royalty (TSX:LIRC) Days Payable : 0.00 (As of Dec. 2023)

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

What is Lithium Royalty Days Payable?

Lithium Royalty's average Accounts Payable for the three months ended in Dec. 2023 was C$0.00 Mil. Lithium Royalty's Cost of Goods Sold for the three months ended in Dec. 2023 was C$0.37 Mil. Hence, Lithium Royalty's Days Payable for the three months ended in Dec. 2023 was 0.00.

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

TSX:LIRC' s Days Payable Range Over the Past 10 Years
Min: 23.12 Med: 41.44 Max: 1500.65
Current: 1500.65

During the past 5 years, Lithium Royalty's highest Days Payable was 1500.65. The lowest was 23.12. And the median was 41.44.

TSX:LIRC's Days Payable is ranked better than
70.69% of 1068 companies
in the Metals & Mining industry
Industry Median: 129.525 vs TSX:LIRC: 1500.65

Lithium Royalty's Days Payable declined from Dec. 2022 (817.75) to Dec. 2023 (0.00). It may suggest that Lithium Royalty accelerated paying its suppliers.

Lithium Royalty Days Payable Historical Data

The historical data trend for Lithium Royalty'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.

Lithium Royalty Days Payable Chart

Lithium Royalty Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

23.12

41.44

31.38

794.00

826.93

Lithium Royalty Quarterly Data
	Dec19	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial							817.75	1,923.11	5,100.64	-	-

Competitive Comparison of Lithium Royalty's Days Payable

For the Other Industrial Metals & Mining subindustry, Lithium Royalty'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 Royalty's Days Payable Distribution in the Metals & Mining Industry

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

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

Lithium Royalty 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 Royalty'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
=	( (2.841	+	0)	/	1 )	/	1.254	*	365
=	2.841					/	1.254	*	365
=	826.93

Lithium Royalty'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	+	0)	/	1 )	/	0.374	*	365 / 4
=	0					/	0.374	*	365 / 4
=	0.00

Lithium Royalty Days Payable Related Terms

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

Lithium Royalty (TSX:LIRC) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

LITRF:USA X1Q:Germany

Address

1133 Yonge Street, 5th Floor, Toronto, ON, CAN, M4T 2Y7

Website

https://www.lithiumroyaltycorp.com

Lithium Royalty Corp is a lithium-focused royalty company organized in Canada. The firm with affiliates or joint venture partners has established a portfolio of royalties on mineral properties that supply and are expected to supply raw materials to support the electrification and decarbonization of the global economy.

Executives

Blair Levinsky

Director, Senior Officer

Lithium Royalty (TSX:LIRC) Headlines

No Headlines