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Ameriwest Lithium (FRA:5HV0) Days Payable : 5,548.00 (As of Apr. 2024)


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What is Ameriwest Lithium Days Payable?

Ameriwest Lithium's average Accounts Payable for the three months ended in Apr. 2024 was €0.30 Mil. Ameriwest Lithium's Cost of Goods Sold for the three months ended in Apr. 2024 was €0.01 Mil. Hence, Ameriwest Lithium's Days Payable for the three months ended in Apr. 2024 was 5,548.00.

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

FRA:5HV0' s Days Payable Range Over the Past 10 Years
Min: 2821.99   Med: 5809.58   Max: 7507.85
Current: 4632.37

During the past 6 years, Ameriwest Lithium's highest Days Payable was 7507.85. The lowest was 2821.99. And the median was 5809.58.

FRA:5HV0's Days Payable is ranked better than
82.63% of 1065 companies
in the Metals & Mining industry
Industry Median: 135.87 vs FRA:5HV0: 4632.37

Ameriwest Lithium's Days Payable declined from Apr. 2023 (7,045.80) to Apr. 2024 (5,548.00). It may suggest that Ameriwest Lithium accelerated paying its suppliers.


Ameriwest Lithium Days Payable Historical Data

The historical data trend for Ameriwest 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.

* Premium members only.

Ameriwest Lithium Days Payable Chart

Ameriwest Lithium Annual Data
Trend Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
Days Payable
Get a 7-Day Free Trial - - 2,732.94 6,096.64 7,329.20

Ameriwest Lithium Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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 7,045.80 6,697.75 - 1,340.67 5,548.00

Competitive Comparison of Ameriwest Lithium's Days Payable

For the Other Industrial Metals & Mining subindustry, Ameriwest 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.


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

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

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



Ameriwest 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.

Ameriwest Lithium's Days Payable for the fiscal year that ended in Apr. 2024 is calculated as

Days Payable (A: Apr. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Apr. 2023 ) + Accounts Payable (A: Apr. 2024 )) / count ) / Cost of Goods Sold (A: Apr. 2024 )*Days in Period
=( (0.609 + 0.395) / 2 ) / 0.025*365
=0.502 / 0.025*365
=7,329.20

Ameriwest Lithium's Days Payable for the quarter that ended in Apr. 2024 is calculated as:

Days Payable (Q: Apr. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jan. 2024 ) + Accounts Payable (Q: Apr. 2024 )) / count ) / Cost of Goods Sold (Q: Apr. 2024 )*Days in Period
=( (0.213 + 0.395) / 2 ) / 0.005*365 / 4
=0.304 / 0.005*365 / 4
=5,548.00

* 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.


Ameriwest Lithium Days Payable Related Terms

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Ameriwest Lithium Business Description

Traded in Other Exchanges
Address
1110 Hamilton Street, Suite 306, Vancouver, BC, CAN, V6B 2S2
Ameriwest Lithium Inc is a junior mining company focusing on identifying and evaluating mineral resource projects for further exploration and resource development. The Company is focused on exploring its Thompson Valley Property, AZ, a lithium clay property. The company portfolio includes Deer Musk East Property, Railroad Valley Property, Edwards Creek Valley Property, and Thompson Valley Property. The company operates in one reportable operating segment, the acquisition, exploration, and development of mineral properties. The company operates in Canada and the United States.

Ameriwest Lithium Headlines

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