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IberAmerican Lithium (FRA:W2C) Days Payable : 9,550.83 (As of Mar. 2024)


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What is IberAmerican Lithium Days Payable?

IberAmerican Lithium's average Accounts Payable for the three months ended in Mar. 2024 was €0.31 Mil. IberAmerican Lithium's Cost of Goods Sold for the three months ended in Mar. 2024 was €0.00 Mil. Hence, IberAmerican Lithium's Days Payable for the three months ended in Mar. 2024 was 9,550.83.

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

FRA:W2C' s Days Payable Range Over the Past 10 Years
Min: 7135.75   Med: 7135.75   Max: 27192.5
Current: 27192.5

During the past 3 years, IberAmerican Lithium's highest Days Payable was 27192.50. The lowest was 7135.75. And the median was 7135.75.

FRA:W2C's Days Payable is ranked better than
94.74% of 1065 companies
in the Metals & Mining industry
Industry Median: 136.2 vs FRA:W2C: 27192.50

IberAmerican Lithium's Days Payable increased from Dec. 2022 (0.00) to Mar. 2024 (9,550.83). It may suggest that IberAmerican Lithium delayed paying its suppliers.


IberAmerican Lithium Days Payable Historical Data

The historical data trend for IberAmerican 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.

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IberAmerican Lithium Days Payable Chart

IberAmerican Lithium Annual Data
Trend Dec21 Dec22 Dec23
Days Payable
- - 6,961.07

IberAmerican Lithium Quarterly Data
Dec21 Mar22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
Days Payable Get a 7-Day Free Trial - - - - 9,550.83

Competitive Comparison of IberAmerican Lithium's Days Payable

For the Other Industrial Metals & Mining subindustry, IberAmerican 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.


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

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

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



IberAmerican 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.

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

Days Payable (A: Dec. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2022 ) + Accounts Payable (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (0.028 + 0.239) / 2 ) / 0.007*365
=0.1335 / 0.007*365
=6,961.07

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

Days Payable (Q: Mar. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2023 ) + Accounts Payable (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (0.239 + 0.389) / 2 ) / 0.003*365 / 4
=0.314 / 0.003*365 / 4
=9,550.83

* 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.


IberAmerican Lithium Days Payable Related Terms

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IberAmerican Lithium (FRA:W2C) Business Description

Traded in Other Exchanges
Address
3400 – 22 Adelaide S. W, Toronto, ON, CAN, M5H 4E3
IberAmerican Lithium Corp is engaged in the acquisition and exploration of mineral resource properties in Spain, namely its lithium exploration project beneficially owned and controlled by its subsidiary.

IberAmerican Lithium (FRA:W2C) Headlines

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