Grounded Lithium (TSXV:GRD) Days Payable : 0.00 (As of Mar. 2024)

View and export this data going back to 2022. Start your Free Trial

What is Grounded Lithium Days Payable?

Grounded Lithium's average Accounts Payable for the three months ended in Mar. 2024 was C$0.00 Mil. Grounded Lithium's Cost of Goods Sold for the three months ended in Mar. 2024 was C$0.07 Mil. Hence, Grounded Lithium's Days Payable for the three months ended in Mar. 2024 was 0.00.

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

TSXV:GRD's Days Payable is not ranked ^*
in the Metals & Mining industry.
Industry Median: 137.515
* Ranked among companies with meaningful Days Payable only.

Grounded Lithium's Days Payable stayed the same from Mar. 2023 (0.00) to Mar. 2024 (0.00). stayed the same

Grounded Lithium Days Payable Historical Data

The historical data trend for Grounded 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.

Grounded Lithium Days Payable Chart

Grounded Lithium Annual Data

Trend

Dec21

Dec22

Dec23

Days Payable

Grounded Lithium Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial							-	-	-	-	-

Competitive Comparison of Grounded Lithium's Days Payable

For the Other Industrial Metals & Mining subindustry, Grounded 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.

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

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

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

Grounded 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.

Grounded Lithium'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
=	( (0	+	0)	/	1 )	/	0.362	*	365
=	0					/	0.362	*	365
=	0.00

Grounded Lithium'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
=	( (0	+	0)	/	1 )	/	0.071	*	365 / 4
=	0					/	0.071	*	365 / 4
=	0.00

Grounded Lithium Days Payable Related Terms

Thank you for viewing the detailed overview of Grounded Lithium's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Grounded Lithium (TSXV:GRD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Grounded Lithium Corp (TSXV:GRD) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

GRDAF:USA

Address

500, 400-5th Avenue SW, Calgary, AB, CAN, T2P 0L6

Website

https://www.groundedlithium.com

Grounded Lithium Corp is a lithium resource company focused on supplying lithium to the rapidly developing electricity-powered economy. It controls approximately 2.9 million tonnes of lithium carbonate equivalent over its focused land holdings in Southwest Saskatchewan.

Grounded Lithium (TSXV:GRD) Headlines

No Headlines