Iluka Resources (Iluka Resources) Days Payable

: 194.77 (As of Dec. 2023)

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Iluka Resources's average Accounts Payable for the six months ended in Dec. 2023 was $108.9 Mil. Iluka Resources's Cost of Goods Sold for the six months ended in Dec. 2023 was $102.1 Mil. Hence, Iluka Resources's Days Payable for the six months ended in Dec. 2023 was 194.77.

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

ILKAY' s Days Payable Range Over the Past 10 Years
Min: 22.76 Med: 88.61 Max: 154.06
Current: 150.14

During the past 13 years, Iluka Resources's highest Days Payable was 154.06. The lowest was 22.76. And the median was 88.61.

ILKAY's Days Payable is ranked better than
52.16% of 1064 companies
in the Metals & Mining industry
Industry Median: 128.935 vs ILKAY: 150.14

Iluka Resources's Days Payable increased from Dec. 2022 (138.48) to Dec. 2023 (194.77). It may suggest that Iluka Resources delayed paying its suppliers.

Iluka Resources Days Payable Historical Data

The historical data trend for Iluka Resources'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.

Iluka Resources Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

121.83

132.76

88.87

127.94

154.62

Iluka Resources Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable																106.89	140.63	138.48	117.40	194.77

Competitive Comparison

For the Other Industrial Metals & Mining subindustry, Iluka Resources'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.

Iluka Resources Days Payable Distribution

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

* The bar in red indicates where Iluka Resources's Days Payable falls into.

Iluka Resources 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.

Iluka Resources's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (96.964	+	118.474)	/	2 )	/	254.284	*	365
=	107.719					/	254.284	*	365
=	154.62

Iluka Resources's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (99.396	+	118.474)	/	2 )	/	102.075	*	365 / 2
=	108.935					/	102.075	*	365 / 2
=	194.77

Iluka Resources Days Payable Related Terms

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Iluka Resources (Iluka Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Iluka Resources Ltd (OTCPK:ILKAY) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

ILKAF:USA ILZ:Germany ILU:Australia

Address

240 St Georges Terrace, Level 17, Perth, WA, AUS, 6000

Website

https://www.iluka.com

Iluka Resources is a leading global mineral sands miner. It is the largest global producer of zircon, and one of the largest producers of titanium dioxide feedstocks (rutile, synthetic rutile). Low zircon costs are underpinned by the high-grade Jacinth-Ambrosia mine in South Australia but reserve life is less than 10 years. A 20% shareholding in Deterra Royalties brings exposure to the high-quality Mining Area C iron ore royalty. Iluka is constructing its West Balranald rutile and zircon mine while also building a rare-earth refinery at Eneabba, which will be able to process Iluka's existing monazite stockpile as well as feed from third parties and future Iluka projects.