AMLM (American Lithium Minerals) Days Payable: 0.00 (As of Jun. 2011)


What is American Lithium Minerals Days Payable?

American Lithium Minerals AMLM -13.67% Days Payable is 0.00 as of Jun. 2011.

American Lithium Minerals's average Accounts Payable for the three months ended in Jun. 2011 was $0.07 Mil. American Lithium Minerals's Cost of Goods Sold for the three months ended in Jun. 2011 was $0.00 Mil.

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

AMLM's Days Payable is not ranked *
in the Metals & Mining industry.
Industry Median: 127.62
* Ranked among companies with meaningful Days Payable only.

American Lithium Minerals's Days Payable stayed the same from Jun. 2010 (0.00) to Jun. 2011 (0.00). stayed the same

American Lithium Minerals Days Payable Historical Data

* Premium members only.

The historical data trend for American Lithium Minerals'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.

American Lithium Minerals Days Payable Chart

American Lithium Minerals Annual Data
Trend Sep06 Sep07 Sep08 Sep09 Sep10
Days Payable
0.00 0.00 0.00 0.00 0.00

American Lithium Minerals Quarterly Data
Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11
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 0.00 0.00 0.00 0.00 0.00

AMLM vs RMES, LITH: Days Payable Comparison

For the Other Industrial Metals & Mining subindustry, American Lithium Minerals'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.

American Lithium Minerals Days Payable vs Metals & Mining Industry

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

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


American Lithium Minerals 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.

American Lithium Minerals's Days Payable for the fiscal year that ended in Sep. 2010 is calculated as

Days Payable (A: Sep. 2010 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Sep. 2009 ) + Accounts Payable (A: Sep. 2010 )) / count ) / Cost of Goods Sold (A: Sep. 2010 )*Days in Period
=( (0.015 + 0.077) / 2 ) / 0*365
=0.046 / 0*365
=N/A

American Lithium Minerals's Days Payable for the quarter that ended in Jun. 2011 is calculated as:

Days Payable (Q: Jun. 2011 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2011 ) + Accounts Payable (Q: Jun. 2011 )) / count ) / Cost of Goods Sold (Q: Jun. 2011 )*Days in Period
=( (0.099 + 0.032) / 2 ) / 0*365 / 4
=0.0655 / 0*365 / 4
=N/A

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 0.00 mean?
American Lithium Minerals (AMLM) has a Days Payable of 0.00 as of Jun. 2011. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on American Lithium Minerals and its competitors.
Is American Lithium Minerals' Days Payable too high?
American Lithium Minerals' current Days Payable is 0.00.
How does American Lithium Minerals' Days Payable compare to RMES and LITH?
American Lithium Minerals' Days Payable of 0.00 can be compared against companies in the Metals & Mining industry. The industry median Days Payable is 127.62. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Metals & Mining company?
The median Days Payable among Metals & Mining companies is 127.62, based on 1,064 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on American Lithium Minerals and its competitors. For the Metals & Mining industry, the median Days Payable is 127.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. American Lithium Minerals's current Days Payable is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is American Lithium Minerals stock overvalued right now?
American Lithium Minerals (AMLM) has a current Days Payable of 0.00. The current Days Payable is 0.00. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For American Lithium Minerals (AMLM), the current Days Payable is 0.00 as of Jun. 2011. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

American Lithium Minerals Business Description

Address 6440 Sky Pointe Drive, Suite 140-149, Las Vegas, NV, USA, 89131
American Lithium Minerals Inc. is engaged in the acquisition and exploration of mining properties. The company focuses on exploring lithium, uranium, and rare earth elements. Its projects include the Sarcobatus Lithium Project, located at Scotty's Junction in Nye County, Nevada, and the Kingman Rare Earth Project, situated about 5 miles north of Kingman, Arizona, on the eastern flank of Bull Mountain.