Largo (TSX:LGO) Days Payable

: 0.00 (As of Dec. 2023)

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Largo's average Accounts Payable for the three months ended in Dec. 2023 was C$0.0 Mil. Largo's Cost of Goods Sold for the three months ended in Dec. 2023 was C$58.0 Mil. Hence, Largo's Days Payable for the three months ended in Dec. 2023 was 0.00.

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

During the past 13 years, Largo's highest Days Payable was 294.69. The lowest was 28.47. And the median was 69.89.

TSX:LGO's Days Payable is not ranked ^*
in the Metals & Mining industry.
Industry Median: 128.935
* Ranked among companies with meaningful Days Payable only.

Largo's Days Payable stayed the same from Dec. 2022 (0.00) to Dec. 2023 (0.00). stayed the same

Largo Days Payable Historical Data

The historical data trend for Largo'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.

Largo Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

294.69

184.68

36.15

28.47

Largo Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable																-	-	-	-	-

Competitive Comparison

For the Other Industrial Metals & Mining subindustry, Largo'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.

Largo Days Payable Distribution

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

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

Largo 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.

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

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	234.455	*	365
=	0					/	234.455	*	365
=	0.00

Largo'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
=	( (0	+	0)	/	1 )	/	57.981	*	365 / 4
=	0					/	57.981	*	365 / 4
=	0.00

Largo Days Payable Related Terms

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Largo (TSX:LGO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Largo Inc (TSX:LGO) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

LGO:USA LR8B:Germany

Address

55 University Avenue, Suite 1105, Toronto, ON, CAN, M5J 2H7

Website

https://www.largoinc.com

Largo Inc is committed to the production and supply of high-quality vanadium products. The Company is also focused on the advancement of renewable energy storage solutions through Largo Clean Energy and its vanadium redox flow battery technology. The Company is engaged in the mining, exploration, and development of mineral properties, primarily in Brazil, through which it produces and supplies vanadium products VPURE Flake, VPURE+ Flake, and VPURE+ Powder.