Ameriwest Lithium (XCNQ:AWLI) Days Payable : 1,337.53 (As of Jan. 2024)

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What is Ameriwest Lithium Days Payable?

Ameriwest Lithium's average Accounts Payable for the three months ended in Jan. 2024 was C$0.28 Mil. Ameriwest Lithium's Cost of Goods Sold for the three months ended in Jan. 2024 was C$0.02 Mil. Hence, Ameriwest Lithium's Days Payable for the three months ended in Jan. 2024 was 1,337.53.

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

XCNQ:AWLI' s Days Payable Range Over the Past 10 Years
Min: 2821.99 Med: 4315.79 Max: 5809.58
Current: 4464.53

During the past 5 years, Ameriwest Lithium's highest Days Payable was 5809.58. The lowest was 2821.99. And the median was 4315.79.

XCNQ:AWLI's Days Payable is ranked better than
81.46% of 1068 companies
in the Metals & Mining industry
Industry Median: 136.005 vs XCNQ:AWLI: 4464.53

Ameriwest Lithium's Days Payable declined from Jan. 2023 (6,030.80) to Jan. 2024 (1,337.53). It may suggest that Ameriwest Lithium accelerated paying its suppliers.

Ameriwest Lithium Days Payable Historical Data

The historical data trend for Ameriwest 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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Ameriwest Lithium Days Payable Chart

Ameriwest Lithium Annual Data

Trend

Apr19

Apr20

Apr21

Apr22

Apr23

Days Payable

2,821.99

5,809.58

Ameriwest Lithium 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															6,030.80	6,570.00	6,182.19	-	1,337.53

Competitive Comparison of Ameriwest Lithium's Days Payable

For the Other Industrial Metals & Mining subindustry, Ameriwest 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.

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

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

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

Ameriwest 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.

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

	Days Payable (A: Apr. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Apr. 2022 )	+	Accounts Payable (A: Apr. 2023 ))	/	count )	/	Cost of Goods Sold (A: Apr. 2023 )	*	Days in Period
=	( (0.627	+	0.901)	/	2 )	/	0.048	*	365
=	0.764					/	0.048	*	365
=	5,809.58

Ameriwest Lithium'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
=	( (0.245	+	0.312)	/	2 )	/	0.019	*	365 / 4
=	0.2785					/	0.019	*	365 / 4
=	1,337.53

Ameriwest Lithium Days Payable Related Terms

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Ameriwest Lithium (XCNQ:AWLI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Ameriwest Lithium Inc (XCNQ:AWLI) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

AWLIF:USA 5HV0:Germany

Address

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

Website

https://www.ameriwestlithium.com

Ameriwest Lithium Inc is a junior mining company with a focus on identifying and evaluating mineral resource projects for further exploration and future development. The company portfolio includes Koster Dam Property, Canada; Thunderbird Property, Canada; Quet & Fire Property, Canada; ESN Property, USA; Deer Musk East Property, USA; Railroad Valley Property, USA; Edwards Creek Valley Property, USA and Thompson Valley Property, USA. The company operates in one reportable operating segment, the acquisition, exploration, and development of mineral properties. It operates in Canada and the United States.

Executives

Zygmunt Stanislaw Hancyk

Director

Ameriwest Lithium (XCNQ:AWLI) Headlines

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