Discovery Metals (ASX:DML) Days Payable : 38.50 (As of Jun. 2014)

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What is Discovery Metals Days Payable?

Discovery Metals's average Accounts Payable for the six months ended in Jun. 2014 was A$18.0 Mil. Discovery Metals's Cost of Goods Sold for the six months ended in Jun. 2014 was A$170.5 Mil. Hence, Discovery Metals's Days Payable for the six months ended in Jun. 2014 was 19.25.

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

ASX:DML's Days Payable is not ranked ^*
in the Metals & Mining industry.
Industry Median: 138.105
* Ranked among companies with meaningful Days Payable only.

Discovery Metals's Days Payable increased from Jun. 2012 (0.00) to Jun. 2014 (38.50). It may suggest that Discovery Metals delayed paying its suppliers.

Discovery Metals Days Payable Historical Data

The historical data trend for Discovery 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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Discovery Metals Days Payable Chart

Discovery Metals Annual Data

Trend

Jun05

Jun06

Jun07

Jun08

Jun09

Jun10

Jun11

Jun12

Jun13

Jun14

Days Payable

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38.50

Discovery Metals Semi-Annual Data
	Jun04	Jun05	Jun06	Jun07	Jun08	Jun09	Jun10	Jun11	Jun12	Jun13	Jun14
Days Payable	Get a 7-Day Free Trial						-	-	-	-	38.50

Competitive Comparison of Discovery Metals's Days Payable

For the Other Industrial Metals & Mining subindustry, Discovery 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.

Discovery Metals's Days Payable Distribution in the Metals & Mining Industry

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

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

Discovery 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.

Discovery Metals's Days Payable for the fiscal year that ended in Jun. 2014 is calculated as

	Days Payable (A: Jun. 2014 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2013 )	+	Accounts Payable (A: Jun. 2014 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2014 )	*	Days in Period
=	( (20.197	+	15.782)	/	2 )	/	170.539	*	365
=	17.9895					/	170.539	*	365
=	38.50

Discovery Metals's Days Payable for the quarter that ended in Jun. 2014 is calculated as:

	Days Payable (Q: Jun. 2014 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2013 )	+	Accounts Payable (Q: Jun. 2014 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2014 )	*	Days in Period
=	( (20.197	+	15.782)	/	2 )	/	170.539	*	365 / 2
=	17.9895					/	170.539	*	365 / 2
=	19.25

Discovery Metals Days Payable Related Terms

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Discovery Metals (ASX:DML) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Discovery Metals Ltd (ASX:DML) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

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Address

Website

http://www.discoverymetals.com

Discovery Metals Limited (DML) is incorporated in Australia. It is engaged in nickel and copper exploration company. The company focuses on the exploration and development on its two major projects in Botswana being the Maun Copper Project and the Dikoloti Nickel Project.

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