AmmPower (XCNQ:AMMP) Days Payable : 3,496.76 (As of Feb. 2024)

View and export this data going back to 2020. Start your Free Trial

What is AmmPower Days Payable?

AmmPower's average Accounts Payable for the three months ended in Feb. 2024 was C$3.53 Mil. AmmPower's Cost of Goods Sold for the three months ended in Feb. 2024 was C$0.09 Mil. Hence, AmmPower's Days Payable for the three months ended in Feb. 2024 was 3,496.76.

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

XCNQ:AMMP' s Days Payable Range Over the Past 10 Years
Min: 615.67 Med: 1031.12 Max: 2691.48
Current: 2691.48

During the past 4 years, AmmPower's highest Days Payable was 2691.48. The lowest was 615.67. And the median was 1031.12.

XCNQ:AMMP's Days Payable is ranked better than
75.56% of 1068 companies
in the Metals & Mining industry
Industry Median: 135.555 vs XCNQ:AMMP: 2691.48

AmmPower's Days Payable increased from Feb. 2023 (1,670.46) to Feb. 2024 (3,496.76). It may suggest that AmmPower delayed paying its suppliers.

AmmPower Days Payable Historical Data

The historical data trend for AmmPower'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.

AmmPower Days Payable Chart

AmmPower Annual Data

Trend

May20

May21

May22

May23

Days Payable

615.67

1,446.57

AmmPower Quarterly Data
	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Days Payable	Get a 7-Day Free Trial											1,670.46	2,039.74	2,260.42	2,798.00	3,496.76

Competitive Comparison of AmmPower's Days Payable

For the Gold subindustry, AmmPower'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.

AmmPower's Days Payable Distribution in the Metals & Mining Industry

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

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

AmmPower 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.

AmmPower's Days Payable for the fiscal year that ended in May. 2023 is calculated as

	Days Payable (A: May. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: May. 2022 )	+	Accounts Payable (A: May. 2023 ))	/	count )	/	Cost of Goods Sold (A: May. 2023 )	*	Days in Period
=	( (0.755	+	2.154)	/	2 )	/	0.367	*	365
=	1.4545					/	0.367	*	365
=	1,446.57

AmmPower's Days Payable for the quarter that ended in Feb. 2024 is calculated as:

	Days Payable (Q: Feb. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Nov. 2023 )	+	Accounts Payable (Q: Feb. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Feb. 2024 )	*	Days in Period
=	( (3.238	+	3.813)	/	2 )	/	0.092	*	365 / 4
=	3.5255					/	0.092	*	365 / 4
=	3,496.76

AmmPower Days Payable Related Terms

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

AmmPower (XCNQ:AMMP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » AmmPower Corp (XCNQ:AMMP) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

AMMPF:USA 601A:Germany

Address

5 Hazelton Avenue, Toronto, ON, CAN, M5R 2E1

Website

https://www.ammpower.com

AmmPower Corp is a clean energy company focused on the production of green ammonia. It is active in all facets of green ammonia technology, including the production of green fertilizers, carbon-free shipping fuel, and the 'cracking', or moving of green hydrogen as ammonia. The Company operates in one business segment: which is the development of a proprietary technology to produce green ammonia, a carbon-free fertilizer and energy carrier. The company operates in Australia, which gives majority of the revenue and Canada.

Executives

Aberdeen International Inc.

10% Security Holder

AmmPower (XCNQ:AMMP) Headlines

No Headlines