ULTXF (Ultra Lithium) Days Payable: 0.00 (As of Jul. 2025)


What is Ultra Lithium Days Payable?

Ultra Lithium ULTXF Days Payable is 0.00 as of Jul. 2025. The stock has 4 warning signs investors should review. Among 1,065 Metals & Mining companies, Ultra Lithium ranks worse than 93896.62% on this metric.

Ultra Lithium's average Accounts Payable for the three months ended in Jul. 2025 was $1.88 Mil. Ultra Lithium's Cost of Goods Sold for the three months ended in Jul. 2025 was $0.00 Mil.

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

ULTXF's Days Payable is not ranked *
in the Metals & Mining industry.
Industry Median: 127.26
* Ranked among companies with meaningful Days Payable only.

Ultra Lithium's Days Payable stayed the same from Jul. 2024 (0.00) to Jul. 2025 (0.00). stayed the same

Ultra Lithium Days Payable Historical Data

* Premium members only.

The historical data trend for Ultra 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.

Ultra Lithium Days Payable Chart

Ultra Lithium Annual Data
Trend Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Ultra Lithium Quarterly Data
Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25
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 0.00 0.00 0.00 0.00 0.00

ULTXF vs FUST, LBRMF, ENRT: Days Payable Comparison

For the Other Industrial Metals & Mining subindustry, Ultra 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.

Ultra Lithium Days Payable vs Metals & Mining Industry

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

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


Ultra 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.

Ultra Lithium's Days Payable for the fiscal year that ended in Oct. 2024 is calculated as

Days Payable (A: Oct. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Oct. 2023 ) + Accounts Payable (A: Oct. 2024 )) / count ) / Cost of Goods Sold (A: Oct. 2024 )*Days in Period
=( (0 + 0) / 1 ) / 0*365
=0 / 0*365
=N/A

Ultra Lithium's Days Payable for the quarter that ended in Jul. 2025 is calculated as:

Days Payable (Q: Jul. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Apr. 2025 ) + Accounts Payable (Q: Jul. 2025 )) / count ) / Cost of Goods Sold (Q: Jul. 2025 )*Days in Period
=( (0 + 1.876) / 1 ) / 0*365 / 4
=1.876 / 0*365 / 4
=N/A

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 0.00 mean?
Ultra Lithium (ULTXF) has a Days Payable of 0.00 as of Jul. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Ultra Lithium and its competitors. According to the industry distribution chart, Ultra Lithium ranks #999999 out of 1065 companies in the Metals & Mining industry.
Is Ultra Lithium's Days Payable too high?
Ultra Lithium's current Days Payable is 0.00. Based on the distribution chart, Ultra Lithium ranks #999999 out of 1065 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers.
How does Ultra Lithium's Days Payable compare to FUST and LBRMF?
According to the Metals & Mining industry distribution chart, Ultra Lithium ranks #999999 out of 1065 companies for Days Payable. This places Ultra Lithium in the lower half of its industry. The industry median Days Payable is 127.26. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Metals & Mining company?
The median Days Payable among Metals & Mining companies is 127.26, based on 1,065 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Ultra Lithium and its competitors. For the Metals & Mining industry, the median Days Payable is 127.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ultra Lithium's current Days Payable is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ultra Lithium stock overvalued right now?
Ultra Lithium (ULTXF) has a current Days Payable of 0.00. The current Days Payable is 0.00. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Ultra Lithium (ULTXF), the current Days Payable is 0.00 as of Jul. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Ultra Lithium Business Description

Address 1120 - 789 West Pender Street, Vancouver, BC, CAN, V6C 1H2
Ultra Lithium Inc is engaged in the acquisition, exploration, and evaluation of assets. The properties in which the company currently has an interest are in the exploration stage. The geographical segments of the group are Canada, the United States, and Argentina. Some of its properties are Georgia Lake, Forgan Lake, Antofagasta, and La Rioja, La Borita, Antigua, Cordoba, and Others.