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Supreme Critical Metals (XCNQ:CRIT) Days Payable : 5,944.29 (As of Nov. 2024)


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What is Supreme Critical Metals Days Payable?

Supreme Critical Metals's average Accounts Payable for the three months ended in Nov. 2024 was C$0.46 Mil. Supreme Critical Metals's Cost of Goods Sold for the three months ended in Nov. 2024 was C$0.01 Mil. Hence, Supreme Critical Metals's Days Payable for the three months ended in Nov. 2024 was 5,944.29.

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

XCNQ:CRIT' s Days Payable Range Over the Past 10 Years
Min: 1270.98   Med: 5907.14   Max: 118898.75
Current: 4421.71

During the past 13 years, Supreme Critical Metals's highest Days Payable was 118898.75. The lowest was 1270.98. And the median was 5907.14.

XCNQ:CRIT's Days Payable is ranked better than
81.49% of 1010 companies
in the Metals & Mining industry
Industry Median: 125.27 vs XCNQ:CRIT: 4421.71

Supreme Critical Metals's Days Payable increased from Nov. 2023 (1,375.27) to Nov. 2024 (5,944.29). It may suggest that Supreme Critical Metals delayed paying its suppliers.


Supreme Critical Metals Days Payable Historical Data

The historical data trend for Supreme Critical 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.

Supreme Critical Metals Days Payable Chart

Supreme Critical Metals Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8,431.50 2,261.70 1,310.09 1,270.98 3,382.77

Supreme Critical Metals Quarterly Data
Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24
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 1,375.27 3,232.86 4,432.14 3,780.36 5,944.29

Competitive Comparison of Supreme Critical Metals's Days Payable

For the Other Industrial Metals & Mining subindustry, Supreme Critical 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.


Supreme Critical Metals's Days Payable Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Supreme Critical Metals's Days Payable falls into.


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Supreme Critical 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.

Supreme Critical Metals's Days Payable for the fiscal year that ended in Feb. 2024 is calculated as

Days Payable (A: Feb. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Feb. 2023 ) + Accounts Payable (A: Feb. 2024 )) / count ) / Cost of Goods Sold (A: Feb. 2024 )*Days in Period
=( (0.127 + 0.392) / 2 ) / 0.028*365
=0.2595 / 0.028*365
=3,382.77

Supreme Critical Metals's Days Payable for the quarter that ended in Nov. 2024 is calculated as:

Days Payable (Q: Nov. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Aug. 2024 ) + Accounts Payable (Q: Nov. 2024 )) / count ) / Cost of Goods Sold (Q: Nov. 2024 )*Days in Period
=( (0.292 + 0.62) / 2 ) / 0.007*365 / 4
=0.456 / 0.007*365 / 4
=5,944.29

* 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.


Supreme Critical Metals Days Payable Related Terms

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Supreme Critical Metals Business Description

Traded in Other Exchanges
Address
355 Burrard Street, Suite 1780, Vancouver, BC, CAN, V6C 2G8
Supreme Critical Metals Inc formerly Victory Battery Metals Corp is a Canadian mineral exploration company. The company operates through two segments namely Acquisition, Exploration, and Development of mineral properties and Administrative and Investing activities. Geographically, it operates in Canada and USA. Its projects portfolio includes Smokey Lithium, Mal-Wen, Loner Property, Hammond Reef South, Lac Simard, and Black Diablo.

Supreme Critical Metals Headlines