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International Battery Metals (International Battery Metals) Days Payable : 687.02 (As of Dec. 2023)


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What is International Battery Metals Days Payable?

International Battery Metals's average Accounts Payable for the three months ended in Dec. 2023 was $2.08 Mil. International Battery Metals's Cost of Goods Sold for the three months ended in Dec. 2023 was $0.28 Mil. Hence, International Battery Metals's Days Payable for the three months ended in Dec. 2023 was 687.02.

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

IBATF' s Days Payable Range Over the Past 10 Years
Min: 99.15   Med: 167.85   Max: 810.05
Current: 810.05

During the past 10 years, International Battery Metals's highest Days Payable was 810.05. The lowest was 99.15. And the median was 167.85.

IBATF's Days Payable is ranked better than
66.67% of 1065 companies
in the Metals & Mining industry
Industry Median: 129.97 vs IBATF: 810.05

International Battery Metals's Days Payable declined from Jul. 2022 (4,982.49) to Dec. 2023 (687.02). It may suggest that International Battery Metals accelerated paying its suppliers.


International Battery Metals Days Payable Historical Data

The historical data trend for International 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.

* Premium members only.

International Battery Metals Days Payable Chart

International Battery Metals Annual Data
Trend Jan12 Jan13 Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 103.33 167.24 238.07

International Battery Metals Quarterly Data
Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jun23 Sep23 Dec23
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 4,982.49 5,305.78 2,765.89 553.85 687.02

Competitive Comparison of International Battery Metals's Days Payable

For the Other Industrial Metals & Mining subindustry, International 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.


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

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

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



International 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.

International Battery Metals's Days Payable for the fiscal year that ended in Jan. 2021 is calculated as

Days Payable (A: Jan. 2021 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jan. 2020 ) + Accounts Payable (A: Jan. 2021 )) / count ) / Cost of Goods Sold (A: Jan. 2021 )*Days in Period
=( (0.417 + 0.277) / 2 ) / 0.532*365
=0.347 / 0.532*365
=238.07

International Battery Metals'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
=( (1.976 + 2.18) / 2 ) / 0.276*365 / 4
=2.078 / 0.276*365 / 4
=687.02

* 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.


International Battery Metals Days Payable Related Terms

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International Battery Metals (International Battery Metals) Business Description

Traded in Other Exchanges
Address
1055 West Georgia Street, Suite 1750, Royal Centre, Vancouver, BC, CAN, V6E 3P3
International Battery Metals Ltd is a technology company focused on lithium extraction from salars, geothermal brines and oil field brines. The company is in the process of creating and applying intellectual property related to lithium extraction from brines. Its extraction process is environmentally friendly, low cost, and has the potential to produce commercial-grade lithium at a faster rate.