Nova Lithium (XCNQ:NVLI) Days Payable : 0.00 (As of Mar. 2024)

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What is Nova Lithium Days Payable?

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

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

XCNQ:NVLI's Days Payable is not ranked ^*
in the Metals & Mining industry.
Industry Median: 136.2
* Ranked among companies with meaningful Days Payable only.

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

Nova Lithium Days Payable Historical Data

The historical data trend for Nova 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.

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Nova Lithium Days Payable Chart

Nova Lithium Annual Data

Trend

Jun21

Jun22

Jun23

Days Payable

Nova 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 Nova Lithium's Days Payable

For the Other Industrial Metals & Mining subindustry, Nova 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.

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

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

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

Nova 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.

Nova Lithium's Days Payable for the fiscal year that ended in Jun. 2023 is calculated as

	Days Payable (A: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2022 )	+	Accounts Payable (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0	*	365
=	0					/	0	*	365
=	N/A

Nova 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	*	365 / 4
=	0					/	0	*	365 / 4
=	N/A

Nova Lithium Days Payable Related Terms

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Nova Lithium (XCNQ:NVLI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Nova Lithium Corp (XCNQ:NVLI) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

NVLIF:USA

Address

1110 Hamilton Street, Suite 306, Vancouver, BC, CAN, V6B 2S2

Website

https://www.novalithiumcorp.com

Nova Lithium Corp is engaged in the exploration and evaluation of resource properties. The company is predominantly engaged in the acquisition, exploration and development of lithium brine and lithium clay properties. It holds 100% interest in Deer Musk West Project.

Nova Lithium (XCNQ:NVLI) Headlines

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