ATLX (Atlas Lithium) Days Payable: 168,652.81 (As of Mar. 2026) — 37125% Above Median


ATLX Atlas Lithium Corp ATLX
26 GF Score
Price $3.67
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What is Atlas Lithium Days Payable?

Atlas Lithium ATLX +3.95% 26 Days Payable is 168,652.81 as of Mar. 2026, which is 37125% above its 10-year median of 453.06. GuruFocus rates ATLX with a GF Score™ of 26/100. The stock has 4 warning signs investors should review. Among 1,065 Metals & Mining companies, Atlas Lithium ranks better than 93.71% on this metric.

Atlas Lithium's average Accounts Payable for the three months ended in Mar. 2026 was $3.70 Mil. Atlas Lithium's Cost of Goods Sold for the three months ended in Mar. 2026 was $0.00 Mil. Hence, Atlas Lithium's Days Payable for the three months ended in Mar. 2026 was 168,652.81.

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

ATLX' s Days Payable Range Over the Past 10 Years
Min: 257.6   Med: 453.06   Max: 26455.42
Current: 26455.42

During the past 13 years, Atlas Lithium's highest Days Payable was 26455.42. The lowest was 257.60. And the median was 453.06.

ATLX's Days Payable is ranked better than
93.71% of 1065 companies
in the Metals & Mining industry
Industry Median: 127.26 vs ATLX: 26455.42

Atlas Lithium's Days Payable increased from Mar. 2025 (5,361.46) to Mar. 2026 (168,652.81). It may suggest that Atlas Lithium delayed paying its suppliers.


Atlas Lithium Days Payable Historical Data

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The historical data trend for Atlas Lithium'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.

Atlas Lithium Days Payable Chart

Atlas Lithium Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 473.31 0.00 0.00 3,808.38 10,542.70

Atlas Lithium Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 5,361.46 10,838.68 0.00 27,232.04 168,652.81

ATLX vs COBA, USGO, GRO: Days Payable Comparison

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


Atlas Lithium Days Payable vs Metals & Mining Industry

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

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


ATLX
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Atlas Lithium Corp ATLX
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Atlas Lithium 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.

Atlas Lithium's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as

Days Payable (A: Dec. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2024 ) + Accounts Payable (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (4.78 + 3.943) / 2 ) / 0.151*365
=4.3615 / 0.151*365
=10,542.70

Atlas Lithium's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (3.943 + 3.45) / 2 ) / 0.002*365 / 4
=3.6965 / 0.002*365 / 4
=168,652.81

* 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 168,652.81 mean?
Atlas Lithium (ATLX) has a Days Payable of 168,652.81 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Atlas Lithium and its competitors. This is 37125% above median its historical median of 453.06. Over the past decade, Atlas Lithium's Days Payable has ranged from 257.60 to 26,455.42. According to the industry distribution chart, Atlas Lithium ranks #67 out of 1065 companies in the Metals & Mining industry, placing it in the top 6.3%.
Is Atlas Lithium's Days Payable too high?
Atlas Lithium's current Days Payable of 168,652.81 is 37125% above median its 10-year median of 453.06. Over the past 10 years, this metric has ranged from a low of 257.60 to a high of 26,455.42. The Metals & Mining industry median Days Payable is 127.26. Atlas Lithium's value of 168,652.81 is 132426.2% above this industry median. Based on the distribution chart, Atlas Lithium ranks #67 out of 1065 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Atlas Lithium has a GF Score™ of 26/100, reflecting its overall financial health beyond just this single metric.
How does Atlas Lithium's Days Payable compare to COBA and USGO?
According to the Metals & Mining industry distribution chart, Atlas Lithium ranks #67 out of 1065 companies for Days Payable. This places Atlas Lithium in the top 6% of its industry — outperforming the majority of peers. The industry median Days Payable is 127.26. Atlas Lithium's value of 168,652.81 is 132426.2% above this benchmark. Historically, Atlas Lithium's own Days Payable has ranged from 257.60 to 26,455.42 over the past decade. While the company's 10-year median is 453.06 vs. the industry median of 127.26, Atlas Lithium has consistently been above the industry average. 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 127.26, based on 1,065 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. Atlas Lithium's current Days Payable of 168,652.81 is 132426.2% above the industry median. 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 Atlas Lithium and its competitors. For the Metals & Mining industry, the median Days Payable is 127.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Atlas Lithium's current Days Payable is 168,652.81, which is 37125% above median its own 10-year median of 453.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Atlas Lithium stock overvalued right now?
Atlas Lithium (ATLX) has a current Days Payable of 168,652.81. The current Days Payable is 168,652.81, which is 37125% above median its 10-year median of 453.06 and 132426.2% above the Metals & Mining industry median of 127.26. Atlas Lithium's overall GF Score™ is 26/100 with 4 warning signs to review. 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 Atlas Lithium (ATLX), the current Days Payable is 168,652.81 as of Mar. 2026. 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.

Atlas Lithium Business Description

Other Exchanges C480:Germany
Address Rua Antonio de Albuquerque, 156 - 17th Floor, Belo Horizonte, MG, BRA, 30.112-010
Atlas Lithium Corp is a mineral exploration and development company with lithium projects and exploration properties in other critical and battery minerals, including nickel, rare earth, graphite, and titanium, to power the increased demand for electrification. Its focus is on developing its hard-rock lithium project Minas Gerais Lithium Project, located in Minas Gerais State in Brazil. The company is focused on producing and selling lithium concentrate, a key ingredient for the battery supply chain.
26GF Score

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