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AnorTech (TSXV:ANOR) Days Payable : 3,102.50 (As of Sep. 2024)


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What is AnorTech Days Payable?

AnorTech's average Accounts Payable for the three months ended in Sep. 2024 was C$0.03 Mil. AnorTech's Cost of Goods Sold for the three months ended in Sep. 2024 was C$0.00 Mil. Hence, AnorTech's Days Payable for the three months ended in Sep. 2024 was 3,102.50.

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

TSXV:ANOR' s Days Payable Range Over the Past 10 Years
Min: 215.68   Med: 3620.97   Max: 104864.5
Current: 2165.67

During the past 13 years, AnorTech's highest Days Payable was 104864.50. The lowest was 215.68. And the median was 3620.97.

TSXV:ANOR's Days Payable is ranked better than
73.32% of 1042 companies
in the Metals & Mining industry
Industry Median: 129.5 vs TSXV:ANOR: 2165.67

AnorTech's Days Payable increased from Sep. 2023 (0.00) to Sep. 2024 (3,102.50). It may suggest that AnorTech delayed paying its suppliers.


AnorTech Days Payable Historical Data

The historical data trend for AnorTech'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.

AnorTech Days Payable Chart

AnorTech Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7,748.65 3,620.97 215.68 2,075.94 4,836.25

AnorTech Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 - 410.63 866.88 - 3,102.50

Competitive Comparison of AnorTech's Days Payable

For the Other Industrial Metals & Mining subindustry, AnorTech'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.


AnorTech's Days Payable Distribution in the Metals & Mining Industry

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

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



AnorTech 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.

AnorTech's Days Payable for the fiscal year that ended in Mar. 2024 is calculated as

Days Payable (A: Mar. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2023 ) + Accounts Payable (A: Mar. 2024 )) / count ) / Cost of Goods Sold (A: Mar. 2024 )*Days in Period
=( (0.041 + 0.012) / 2 ) / 0.002*365
=0.0265 / 0.002*365
=4,836.25

AnorTech's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

Days Payable (Q: Sep. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2024 ) + Accounts Payable (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (0.03 + 0.038) / 2 ) / 0.001*365 / 4
=0.034 / 0.001*365 / 4
=3,102.50

* 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.


AnorTech Days Payable Related Terms

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AnorTech Business Description

Traded in Other Exchanges
Address
701 West Georgia Street, Suite 1500, Vancouver, BC, CAN, V7Y 1C6
AnorTech Inc is a Canadian-based technology company focused on developing, and mining mineral resources located in Greenland. The company is focused on three global markets: green alumina, CO2-free cement, and concrete thermal energy storage systems.
Executives
James Kenneth Cambon Senior Officer
Donna Louise Phillips Director
David Frattaroli Director

AnorTech Headlines

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