Frontier Lithium (STU:HL2) Days Payable : 2,247.03 (As of Dec. 2023)

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What is Frontier Lithium Days Payable?

Frontier Lithium's average Accounts Payable for the three months ended in Dec. 2023 was €2.36 Mil. Frontier Lithium's Cost of Goods Sold for the three months ended in Dec. 2023 was €0.10 Mil. Hence, Frontier Lithium's Days Payable for the three months ended in Dec. 2023 was 2,247.03.

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

STU:HL2' s Days Payable Range Over the Past 10 Years
Min: 4097.3 Med: 75555 Max: 87843.33
Current: 4097.3

During the past 13 years, Frontier Lithium's highest Days Payable was 87843.33. The lowest was 4097.30. And the median was 75555.00.

STU:HL2's Days Payable is ranked better than
80.86% of 1066 companies
in the Metals & Mining industry
Industry Median: 137.515 vs STU:HL2: 4097.30

Frontier Lithium's Days Payable increased from Dec. 2022 (0.00) to Dec. 2023 (2,247.03). It may suggest that Frontier Lithium delayed paying its suppliers.

Frontier Lithium Days Payable Historical Data

The historical data trend for Frontier 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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Frontier Lithium Days Payable Chart

Frontier Lithium Annual Data

Trend

Mar14

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Mar16

Mar17

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Mar23

Days Payable

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Frontier 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															-	-	-	5,216.10	2,247.03

Competitive Comparison of Frontier Lithium's Days Payable

For the Other Industrial Metals & Mining subindustry, Frontier 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.

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

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

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

Frontier 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.

Frontier Lithium's Days Payable for the fiscal year that ended in Mar. 2023 is calculated as

	Days Payable (A: Mar. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2022 )	+	Accounts Payable (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0.226	*	365
=	0					/	0.226	*	365
=	0.00

Frontier 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
=	( (2.458	+	2.27)	/	2 )	/	0.096	*	365 / 4
=	2.364					/	0.096	*	365 / 4
=	2,247.03

Frontier Lithium Days Payable Related Terms

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Frontier Lithium (STU:HL2) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Frontier Lithium Inc (STU:HL2) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

LITOF:USA HL2:Germany FL:Canada

Address

2736 Belisle Drive, Val Caron, ON, CAN, P3N 1B3

Website

https://www.frontierlithium.com

Frontier Lithium Inc is engaged in the acquisition, exploration, and development of mining properties. The company has a land position on Electric Avenue, Ontario's newly emerging premium lithium-metal district hosted in the Canadian Shield of northwestern Ontario. The company project includes PAK Lithium Project, Spark Deposit, Bolt Pegmatite, and Pennock Pegmatite.

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