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South Star Battery Metals (TSXV:STS) Days Payable : 15,778.65 (As of Sep. 2023)


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What is South Star Battery Metals Days Payable?

South Star Battery Metals's average Accounts Payable for the three months ended in Sep. 2023 was C$2.08 Mil. South Star Battery Metals's Cost of Goods Sold for the three months ended in Sep. 2023 was C$0.01 Mil. Hence, South Star Battery Metals's Days Payable for the three months ended in Sep. 2023 was 15,778.65.

The historical rank and industry rank for South Star Battery Metals's Days Payable or its related term are showing as below:

TSXV:STS' s Days Payable Range Over the Past 10 Years
Min: 7985.92   Med: 10779.67   Max: 10779.67
Current: 7985.92

During the past 13 years, South Star Battery Metals's highest Days Payable was 10779.67. The lowest was 7985.92. And the median was 10779.67.

TSXV:STS's Days Payable is ranked better than
86.09% of 1071 companies
in the Metals & Mining industry
Industry Median: 130.91 vs TSXV:STS: 7985.92

South Star Battery Metals's Days Payable increased from Sep. 2022 (0.00) to Sep. 2023 (15,778.65). It may suggest that South Star Battery Metals delayed paying its suppliers.


South Star Battery Metals Days Payable Historical Data

The historical data trend for South Star Battery Metals'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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South Star Battery Metals Days Payable Chart

South Star Battery Metals Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 10,779.67

South Star Battery Metals Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 - 2,086.58 6,533.50 7,513.87 15,778.65

Competitive Comparison of South Star Battery Metals's Days Payable

For the Other Industrial Metals & Mining subindustry, South Star Battery Metals'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.


South Star Battery Metals's Days Payable Distribution in the Metals & Mining Industry

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

* The bar in red indicates where South Star Battery Metals's Days Payable falls into.



South Star Battery Metals 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.

South Star Battery Metals's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

Days Payable (A: Dec. 2022 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2021 ) + Accounts Payable (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (0.416 + 0.47) / 2 ) / 0.015*365
=0.443 / 0.015*365
=10,779.67

South Star Battery Metals's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

Days Payable (Q: Sep. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2023 ) + Accounts Payable (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (1.673 + 2.477) / 2 ) / 0.012*365 / 4
=2.075 / 0.012*365 / 4
=15,778.65

* 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.


South Star Battery Metals Days Payable Related Terms

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South Star Battery Metals (TSXV:STS) Business Description

Traded in Other Exchanges
Address
1030 West Georgia Street, Suite 1507, Vancouver, BC, CAN, V6E 2Y3
South Star Battery Metals Corp is focused on the acquisition and development of near-term mine-production projects, particularly battery minerals for clean energy. The company is currently developing the Santa Cruz Graphite Project in Bahia State, Brazil and also the Alabama Graphite Project in the USA.
Executives
Green Bow Capital Llc Director

South Star Battery Metals (TSXV:STS) Headlines

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