Volt Carbon Technologies (Volt Carbon Technologies) Days Payable : 793.11 (As of Jan. 2024)

View and export this data going back to 2006. Start your Free Trial

What is Volt Carbon Technologies Days Payable?

Volt Carbon Technologies's average Accounts Payable for the three months ended in Jan. 2024 was $0.52 Mil. Volt Carbon Technologies's Cost of Goods Sold for the three months ended in Jan. 2024 was $0.06 Mil. Hence, Volt Carbon Technologies's Days Payable for the three months ended in Jan. 2024 was 793.11.

The historical rank and industry rank for Volt Carbon Technologies's Days Payable or its related term are showing as below:

TORVF' s Days Payable Range Over the Past 10 Years
Min: 917.17 Med: 2009.84 Max: 182865
Current: 917.17

During the past 13 years, Volt Carbon Technologies's highest Days Payable was 182865.00. The lowest was 917.17. And the median was 2009.84.

TORVF's Days Payable is ranked better than
66.79% of 1069 companies
in the Metals & Mining industry
Industry Median: 129.97 vs TORVF: 917.17

Volt Carbon Technologies's Days Payable declined from Jan. 2023 (1,124.11) to Jan. 2024 (793.11). It may suggest that Volt Carbon Technologies accelerated paying its suppliers.

Volt Carbon Technologies Days Payable Historical Data

The historical data trend for Volt Carbon Technologies'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.

Volt Carbon Technologies Days Payable Chart

Volt Carbon Technologies Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Days Payable

Get a 7-Day Free Trial

2,024.51

2,970.45

3,501.83

1,469.92

948.54

Volt Carbon Technologies Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Days Payable	Get a 7-Day Free Trial															1,124.11	1,122.38	929.61	813.65	793.11

Competitive Comparison of Volt Carbon Technologies's Days Payable

For the Other Industrial Metals & Mining subindustry, Volt Carbon Technologies'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.

Volt Carbon Technologies's Days Payable Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Volt Carbon Technologies's Days Payable falls into.

Volt Carbon Technologies 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.

Volt Carbon Technologies's Days Payable for the fiscal year that ended in Oct. 2023 is calculated as

	Days Payable (A: Oct. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Oct. 2022 )	+	Accounts Payable (A: Oct. 2023 ))	/	count )	/	Cost of Goods Sold (A: Oct. 2023 )	*	Days in Period
=	( (0.712	+	0.525)	/	2 )	/	0.238	*	365
=	0.6185					/	0.238	*	365
=	948.54

Volt Carbon Technologies's Days Payable for the quarter that ended in Jan. 2024 is calculated as:

	Days Payable (Q: Jan. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Oct. 2023 )	+	Accounts Payable (Q: Jan. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jan. 2024 )	*	Days in Period
=	( (0.525	+	0.518)	/	2 )	/	0.06	*	365 / 4
=	0.5215					/	0.06	*	365 / 4
=	793.11

Volt Carbon Technologies Days Payable Related Terms

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

Volt Carbon Technologies (Volt Carbon Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Volt Carbon Technologies Inc (OTCPK:TORVF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

VCT:Canada

Address

70 Country Hills Landing NW, Suite 117, Calgary, AB, CAN, T3K 2L2

Website

https://www.voltcarbontech.com

Volt Carbon Technologies Inc is engaged in the exploration of mineral properties. The company has two operating segments. The mineral exploration and development segment focus on the acquisition and exploration of property interests that are considered potential sites of economic mineralization. The research and development segment focuses on the scientific study and technology applications for air classifier and battery development.