E3 Lithium (TSXV:ETL) Days Payable : 0.00 (As of Dec. 2023)

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What is E3 Lithium Days Payable?

E3 Lithium's average Accounts Payable for the three months ended in Dec. 2023 was C$0.00 Mil. E3 Lithium's Cost of Goods Sold for the three months ended in Dec. 2023 was C$0.05 Mil. Hence, E3 Lithium's Days Payable for the three months ended in Dec. 2023 was 0.00.

The historical rank and industry rank for E3 Lithium's Days Payable or its related term are showing as below:

TSXV:ETL' s Days Payable Range Over the Past 10 Years
Min: 1474.26 Med: 2873.93 Max: 40515
Current: 9394.06

During the past 13 years, E3 Lithium's highest Days Payable was 40515.00. The lowest was 1474.26. And the median was 2873.93.

TSXV:ETL's Days Payable is ranked better than
88.06% of 1064 companies
in the Metals & Mining industry
Industry Median: 130.44 vs TSXV:ETL: 9394.06

E3 Lithium's Days Payable declined from Dec. 2022 (9,785.48) to Dec. 2023 (0.00). It may suggest that E3 Lithium accelerated paying its suppliers.

E3 Lithium Days Payable Historical Data

The historical data trend for E3 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.

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E3 Lithium Days Payable Chart

E3 Lithium Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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2,812.65

2,748.67

1,474.26

1,510.06

E3 Lithium 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															9,785.48	-	-	-	-

Competitive Comparison of E3 Lithium's Days Payable

For the Other Industrial Metals & Mining subindustry, E3 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.

E3 Lithium's Days Payable Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, E3 Lithium's Days Payable distribution charts can be found below:

* The bar in red indicates where E3 Lithium's Days Payable falls into.

E3 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.

E3 Lithium'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	+	0)	/	1 )	/	0.175	*	365
=	0					/	0.175	*	365
=	0.00

E3 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: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0.05	*	365 / 4
=	0					/	0.05	*	365 / 4
=	0.00

E3 Lithium Days Payable Related Terms

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E3 Lithium (TSXV:ETL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » E3 Lithium Ltd (TSXV:ETL) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

EEMMF:USA OW3:Germany

Address

300 - 5th Avenue SW, Suite 1520, Calgary, AB, CAN, T2P 3C4

Website

https://www.e3lithium.ca

E3 Lithium Ltd is a resource company with mineral properties in Alberta that is currently focused on technology development for lithium extraction from Alberta brines. It is engaged in the exploration of Clearwater and covering the Leduc Reservoir in south-central Alberta. The company's properties can be further sub-divided into five separate sub-properties namely Clearwater Sub-Property, Exshaw Sub-Property, Rocky Sub-Property, Sunbreaker Sub-Property and Drumheller Sub-Property.

Executives

John Pantazopoulos	Director
Christopher Doornbos	Director
Michael O'hara	Director

E3 Lithium (TSXV:ETL) Headlines

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