Lithium Energy (ASX:LEL) Days Payable : 0.00 (As of Dec. 2023)

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What is Lithium Energy Days Payable?

Lithium Energy's average Accounts Payable for the six months ended in Dec. 2023 was A$0.67 Mil. Lithium Energy's Cost of Goods Sold for the six months ended in Dec. 2023 was A$0.00 Mil.

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

ASX:LEL's Days Payable is not ranked ^*
in the Metals & Mining industry.
Industry Median: 136.67
* Ranked among companies with meaningful Days Payable only.

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

Lithium Energy Days Payable Historical Data

The historical data trend for Lithium Energy'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.

Lithium Energy Days Payable Chart

Lithium Energy Annual Data

Trend

Jun21

Jun22

Jun23

Days Payable

Lithium Energy Semi-Annual Data
	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial			-	-	-	-	-

Competitive Comparison of Lithium Energy's Days Payable

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

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

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

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

Lithium Energy 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.

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

	Days Payable (A: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2022 )	+	Accounts Payable (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (0.124	+	0.992)	/	2 )	/	0	*	365
=	0.558					/	0	*	365
=	N/A

Lithium Energy'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: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (0.992	+	0.346)	/	2 )	/	0	*	365 / 2
=	0.669					/	0	*	365 / 2
=	N/A

Lithium Energy Days Payable Related Terms

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Lithium Energy (ASX:LEL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Lithium Energy Ltd (ASX:LEL) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

680 Murray Street, Suite 1, Level 1, West Perth, WA, AUS, 6005

Website

https://www.lithiumenergy.com.au

Lithium Energy Ltd is a battery minerals company with two exploration and development projects, the Solaroz Lithium Project in Argentina, which comprises 12,000 hectares of prospective lithium mineral concessions, and the Burke Graphite Project in Queensland, which contains a high-grade graphite deposit and presents an opportunity to participate in the anticipated growth in demand for graphite and graphite related products. The company derives the majority of its revenue from Argentina.

Lithium Energy (ASX:LEL) Headlines

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