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Battery Mineral Resources (TSXV:BMR) Days Payable : 373.55 (As of Mar. 2024)


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What is Battery Mineral Resources Days Payable?

Battery Mineral Resources's average Accounts Payable for the three months ended in Mar. 2024 was C$4.52 Mil. Battery Mineral Resources's Cost of Goods Sold for the three months ended in Mar. 2024 was C$1.11 Mil. Hence, Battery Mineral Resources's Days Payable for the three months ended in Mar. 2024 was 373.55.

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

TSXV:BMR' s Days Payable Range Over the Past 10 Years
Min: 135.89   Med: 232.27   Max: 25732.5
Current: 488.77

During the past 5 years, Battery Mineral Resources's highest Days Payable was 25732.50. The lowest was 135.89. And the median was 232.27.

TSXV:BMR's Days Payable is ranked better than
62.78% of 1064 companies
in the Metals & Mining industry
Industry Median: 137.515 vs TSXV:BMR: 488.77

Battery Mineral Resources's Days Payable increased from Dec. 2022 (199.97) to Mar. 2024 (373.55). It may suggest that Battery Mineral Resources delayed paying its suppliers.


Battery Mineral Resources Days Payable Historical Data

The historical data trend for Battery Mineral Resources'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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Battery Mineral Resources Days Payable Chart

Battery Mineral Resources Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
- 25,732.50 135.89 184.72 279.81

Battery Mineral Resources Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
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 199.97 202.82 405.16 398.74 373.55

Competitive Comparison of Battery Mineral Resources's Days Payable

For the Other Industrial Metals & Mining subindustry, Battery Mineral Resources'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.


Battery Mineral Resources's Days Payable Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Battery Mineral Resources's Days Payable falls into.



Battery Mineral Resources 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.

Battery Mineral Resources'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
=( (1.954 + 4.579) / 2 ) / 4.261*365
=3.2665 / 4.261*365
=279.81

Battery Mineral Resources'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
=( (4.579 + 4.468) / 2 ) / 1.105*365 / 4
=4.5235 / 1.105*365 / 4
=373.55

* 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.


Battery Mineral Resources Days Payable Related Terms

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Battery Mineral Resources (TSXV:BMR) Business Description

Traded in Other Exchanges
Address
1040 West Georgia Street, Suite 1900, Vancouver, BC, CAN, V6E 4H3
Battery Mineral Resources Corp is a multi-commodity resource company. It holds resource interests including copper, cobalt, lithium, and graphite properties. The company is engaged in the discovery, acquisition and development of battery metals and precious metals mining projects in Canada with additional cobalt, lithium and graphite projects in the United States and South Korea.
Executives
Jack Cartmel Senior Officer
Lazaros Nikeas Director, Senior Officer