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SGML (Sigma Lithium) Days Payable : 108.27 (As of Dec. 2024)


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What is Sigma Lithium Days Payable?

Sigma Lithium's average Accounts Payable for the three months ended in Dec. 2024 was $37.7 Mil. Sigma Lithium's Cost of Goods Sold for the three months ended in Dec. 2024 was $31.8 Mil. Hence, Sigma Lithium's Days Payable for the three months ended in Dec. 2024 was 108.27.

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

SGML' s Days Payable Range Over the Past 10 Years
Min: 131.03   Med: 14178.19   Max: 31970.68
Current: 132.46

During the past 13 years, Sigma Lithium's highest Days Payable was 31970.68. The lowest was 131.03. And the median was 14178.19.

SGML's Days Payable is ranked worse than
50.53% of 1039 companies
in the Metals & Mining industry
Industry Median: 140.11 vs SGML: 132.46

Sigma Lithium's Days Payable declined from Dec. 2023 (118.58) to Dec. 2024 (108.27). It may suggest that Sigma Lithium accelerated paying its suppliers.


Sigma Lithium Days Payable Historical Data

The historical data trend for Sigma 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.

Sigma Lithium Days Payable Chart

Sigma Lithium Annual Data
Trend Oct15 Oct16 Oct17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14,988.80 17,447.00 - 191.86 135.92

Sigma Lithium Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 118.58 168.24 138.57 124.89 108.27

Competitive Comparison of Sigma Lithium's Days Payable

For the Other Industrial Metals & Mining subindustry, Sigma 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.


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

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

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


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Sigma 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.

Sigma Lithium'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
=( (53.035 + 32.942) / 2 ) / 115.444*365
=42.9885 / 115.444*365
=135.92

Sigma Lithium'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: Sep. 2024 ) + Accounts Payable (Q: Dec. 2024 )) / count ) / Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=( (42.519 + 32.942) / 2 ) / 31.8*365 / 4
=37.7305 / 31.8*365 / 4
=108.27

* 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.


Sigma Lithium Days Payable Related Terms

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Sigma Lithium Business Description

Traded in Other Exchanges
Address
Avenida Nove de Julho 4939, 9th Floor, Torre Europa, Itaim, Sao Paulo, SP, BRA, 01407-200
Sigma Lithium Corp is dedicated to powering the next generation of electric vehicle batteries with environmentally sustainable and high-purity lithium. The company is in construction at its wholly owned Grota do Cirilo Project in Brazil, one of the highest-grade hard rock lithium spodumene deposits in the Americas.

Sigma Lithium Headlines

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