Victory Battery Metals (XCNQ:VR) Days Payable : 1,375.27 (As of Nov. 2023)

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What is Victory Battery Metals Days Payable?

Victory Battery Metals's average Accounts Payable for the three months ended in Nov. 2023 was C$0.11 Mil. Victory Battery Metals's Cost of Goods Sold for the three months ended in Nov. 2023 was C$0.01 Mil. Hence, Victory Battery Metals's Days Payable for the three months ended in Nov. 2023 was 1,375.27.

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

XCNQ:VR' s Days Payable Range Over the Past 10 Years
Min: 1270.98 Med: 7855.61 Max: 118898.75
Current: 1577.32

During the past 13 years, Victory Battery Metals's highest Days Payable was 118898.75. The lowest was 1270.98. And the median was 7855.61.

XCNQ:VR's Days Payable is ranked better than
71.51% of 1067 companies
in the Metals & Mining industry
Industry Median: 128.84 vs XCNQ:VR: 1577.32

Victory Battery Metals's Days Payable increased from Nov. 2022 (208.57) to Nov. 2023 (1,375.27). It may suggest that Victory Battery Metals delayed paying its suppliers.

Victory Battery Metals Days Payable Historical Data

The historical data trend for Victory Battery Metals'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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Victory Battery Metals Days Payable Chart

Victory Battery Metals Annual Data

Trend

Feb14

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Days Payable

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8,431.50

2,261.70

1,310.09

1,270.98

Victory Battery Metals Quarterly Data
	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
Days Payable	Get a 7-Day Free Trial															208.57	958.13	2,437.68	2,307.32	1,375.27

Competitive Comparison of Victory Battery Metals's Days Payable

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

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

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

* The bar in red indicates where Victory Battery Metals's Days Payable falls into.

Victory Battery Metals 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.

Victory Battery Metals's Days Payable for the fiscal year that ended in Feb. 2023 is calculated as

	Days Payable (A: Feb. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Feb. 2022 )	+	Accounts Payable (A: Feb. 2023 ))	/	count )	/	Cost of Goods Sold (A: Feb. 2023 )	*	Days in Period
=	( (0.068	+	0.127)	/	2 )	/	0.028	*	365
=	0.0975					/	0.028	*	365
=	1,270.98

Victory Battery Metals's Days Payable for the quarter that ended in Nov. 2023 is calculated as:

	Days Payable (Q: Nov. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Aug. 2023 )	+	Accounts Payable (Q: Nov. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Nov. 2023 )	*	Days in Period
=	( (0.107	+	0.104)	/	2 )	/	0.007	*	365 / 4
=	0.1055					/	0.007	*	365 / 4
=	1,375.27

Victory Battery Metals Days Payable Related Terms

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

Victory Battery Metals (XCNQ:VR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Victory Battery Metals Corp (XCNQ:VR) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

VRCFF:USA VR60:Germany

Address

355 Burrard Street, Suite 1780, Vancouver, BC, CAN, V6C 2G8

Website

https://www.victorybatterymetals.com

Victory Battery Metals Corp is a Canadian mineral exploration company. The company operates through two segments namely Acquisition, Exploration, and Development of mineral properties and Administrative and Investing activities. Geographically, it operates in Canada and USA. Its projects portfolio includes Smokey Lithium, Mal-Wen, Loner Property, Hammond Reef South, Lac Simard, and Black Diablo.