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Vision Lithium (Vision Lithium) Days Payable : 10,197.19 (As of Nov. 2023)


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What is Vision Lithium Days Payable?

Vision Lithium's average Accounts Payable for the three months ended in Nov. 2023 was $0.22 Mil. Vision Lithium's Cost of Goods Sold for the three months ended in Nov. 2023 was $0.00 Mil. Hence, Vision Lithium's Days Payable for the three months ended in Nov. 2023 was 10,197.19.

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

ABEPF' s Days Payable Range Over the Past 10 Years
Min: 1212.32   Med: 4029.52   Max: 47997.5
Current: 6283.62

During the past 13 years, Vision Lithium's highest Days Payable was 47997.50. The lowest was 1212.32. And the median was 4029.52.

ABEPF's Days Payable is ranked better than
84.23% of 1065 companies
in the Metals & Mining industry
Industry Median: 129.97 vs ABEPF: 6283.62

Vision Lithium's Days Payable declined from Nov. 2022 (19,664.38) to Nov. 2023 (10,197.19). It may suggest that Vision Lithium accelerated paying its suppliers.

Vision Lithium Days Payable Historical Data

The historical data trend for Vision 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.

* Premium members only.

Vision Lithium Days Payable Chart

Vision Lithium Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 36,500.00 1,901.04 2,211.06 10,897.86 12,207.22

Vision Lithium Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
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 19,664.38 6,296.25 3,467.50 9,832.19 10,197.19

Competitive Comparison of Vision Lithium's Days Payable

For the Other Industrial Metals & Mining subindustry, Vision 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.

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

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

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


Vision 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.

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

Days Payable (A: Aug. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Aug. 2022 ) + Accounts Payable (A: Aug. 2023 )) / count ) / Cost of Goods Sold (A: Aug. 2023 )*Days in Period
=( (0.277 + 0.325) / 2 ) / 0.009*365
=0.301 / 0.009*365
=12,207.22

Vision Lithium's Days Payable for the quarter that ended in Nov. 2023 is calculated as:

Days Payable (Q: Nov. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Aug. 2023 ) + Accounts Payable (Q: Nov. 2023 )) / count ) / Cost of Goods Sold (Q: Nov. 2023 )*Days in Period
=( (0.325 + 0.122) / 2 ) / 0.002*365 / 4
=0.2235 / 0.002*365 / 4
=10,197.19

* 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.

Vision Lithium Days Payable Related Terms

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

Vision Lithium (Vision Lithium) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Vision Lithium Inc (OTCPK:ABEPF) » Definitions » Days Payable
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Traded in Other Exchanges
1AJ2:Germany VLI:Canada
Address
1019, Boulevard Des Pins, 2nd Floor, Val-d'OR, QC, CAN, J9P 4T2
Website
https://www.visionlithium.com
Vision Lithium Inc is a junior exploration company focused on exploring and developing high quality battery mineral assets including lithium and copper in safe jurisdictions, predominantly in Canada. The company's project includes Godslith Property, Cadillac, Sirmac Property, Dome Lemieux property, and others.