Lithos Group (NEOE:LITS) Days Payable : 0.00 (As of Jan. 2024)

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What is Lithos Group Days Payable?

Lithos Group's average Accounts Payable for the three months ended in Jan. 2024 was C$0.00 Mil. Lithos Group's Cost of Goods Sold for the three months ended in Jan. 2024 was C$0.52 Mil. Hence, Lithos Group's Days Payable for the three months ended in Jan. 2024 was 0.00.

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

NEOE:LITS's Days Payable is not ranked ^*
in the Metals & Mining industry.
Industry Median: 129.525
* Ranked among companies with meaningful Days Payable only.

Lithos Group's Days Payable stayed the same from Jan. 2023 (0.00) to Jan. 2024 (0.00). stayed the same

Lithos Group Days Payable Historical Data

The historical data trend for Lithos Group'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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Lithos Group Days Payable Chart

Lithos Group Annual Data

Trend

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Apr20

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Apr23

Days Payable

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Lithos Group Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Days Payable	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Lithos Group's Days Payable

For the Other Industrial Metals & Mining subindustry, Lithos Group'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.

Lithos Group's Days Payable Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Lithos Group's Days Payable falls into.

Lithos Group 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.

Lithos Group's Days Payable for the fiscal year that ended in Apr. 2023 is calculated as

	Days Payable (A: Apr. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Apr. 2022 )	+	Accounts Payable (A: Apr. 2023 ))	/	count )	/	Cost of Goods Sold (A: Apr. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0	*	365
=	0					/	0	*	365
=	N/A

Lithos Group's Days Payable for the quarter that ended in Jan. 2024 is calculated as:

	Days Payable (Q: Jan. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Oct. 2023 )	+	Accounts Payable (Q: Jan. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jan. 2024 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0.517	*	365 / 4
=	0					/	0.517	*	365 / 4
=	0.00

Lithos Group Days Payable Related Terms

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Lithos Group (NEOE:LITS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Lithos Group Ltd (NEOE:LITS) » Definitions » Days Payable

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LITSF:USA

Address

1055 West Hastings Street, Suite 2380, Vancouver, BC, CAN, V6E 2E9

Website

https://www.lithostechnology.com

Lithos Energy Ltd Formerly Alchemist Mining Inc is developing a portfolio of high-quality domestic brine assets with time and cost efficient go-to-market, mitigating risk and locating near existing production areas.

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