FTZZF (Canadian Phosphate) Days Payable : 115.05 (As of Dec. 2024)

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What is Canadian Phosphate Days Payable?

Canadian Phosphate's average Accounts Payable for the six months ended in Dec. 2024 was $0.26 Mil. Canadian Phosphate's Cost of Goods Sold for the six months ended in Dec. 2024 was $0.41 Mil. Hence, Canadian Phosphate's Days Payable for the six months ended in Dec. 2024 was 115.05.

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

FTZZF' s Days Payable Range Over the Past 10 Years
Min: 71.93 Med: 98.69 Max: 7093.7
Current: 118.38

During the past 11 years, Canadian Phosphate's highest Days Payable was 7093.70. The lowest was 71.93. And the median was 98.69.

FTZZF's Days Payable is ranked better than
72.24% of 245 companies
in the Agriculture industry
Industry Median: 73.05 vs FTZZF: 118.38

Canadian Phosphate's Days Payable declined from Dec. 2023 (123.44) to Dec. 2024 (115.05). It may suggest that Canadian Phosphate accelerated paying its suppliers.

Canadian Phosphate Days Payable Historical Data

The historical data trend for Canadian Phosphate'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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Canadian Phosphate Days Payable Chart

Canadian Phosphate Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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69.05

106.45

94.87

126.85

94.80

Canadian Phosphate Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Days Payable	Get a 7-Day Free Trial															118.77	110.58	123.44	155.19	115.05

Competitive Comparison of Canadian Phosphate's Days Payable

For the Agricultural Inputs subindustry, Canadian Phosphate'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.

Canadian Phosphate's Days Payable Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Canadian Phosphate's Days Payable distribution charts can be found below:

* The bar in red indicates where Canadian Phosphate's Days Payable falls into.

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Canadian Phosphate 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.

Canadian Phosphate's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

	Days Payable (A: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2023 )	+	Accounts Payable (A: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2024 )	*	Days in Period
=	( (0.287	+	0.127)	/	2 )	/	0.797	*	365
=	0.207					/	0.797	*	365
=	94.80

Canadian Phosphate's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

	Days Payable (Q: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2024 )	+	Accounts Payable (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (0.395	+	0.127)	/	2 )	/	0.414	*	365 / 2
=	0.261					/	0.414	*	365 / 2
=	115.05

Canadian Phosphate Days Payable Related Terms

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Canadian Phosphate Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Canadian Phosphate Ltd (OTCPK:FTZZF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

CP8:Australia

Address

99 St Georges Terrace, Level 8, Perth, WA, AUS, 6000

Website

https://www.canadianphosphate.com

Canadian Phosphate Ltd is a miner, manufacturer, and distributor of rock phosphate fertilizer, focused on advancing its Wapiti and Fernie sedimentary rock phosphate projects in British Columbia, Canada. The company is organised into two operating segments based on geographical location, being Australian and North American operations. A majority of its revenue is generated from its North American operations, through the sale of phosphate fertilizers.