Macro Metals (ASX:M4M) Days Payable : 0.00 (As of Dec. 2023)

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What is Macro Metals Days Payable?

Macro Metals's average Accounts Payable for the six months ended in Dec. 2023 was A$0.43 Mil. Macro Metals's Cost of Goods Sold for the six months ended in Dec. 2023 was A$0.00 Mil.

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

ASX:M4M's Days Payable is not ranked ^*
in the Steel industry.
Industry Median: 41.195
* Ranked among companies with meaningful Days Payable only.

Macro Metals's Days Payable stayed the same from Dec. 2022 (0.00) to Dec. 2023 (0.00).

Macro Metals Days Payable Historical Data

The historical data trend for Macro 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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Macro Metals Days Payable Chart

Macro Metals Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Payable

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Macro Metals 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	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Macro Metals's Days Payable

For the Steel subindustry, Macro 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.

Macro Metals's Days Payable Distribution in the Steel Industry

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

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

Macro 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.

Macro Metals's Days Payable for the fiscal year that ended in Jun. 2023 is calculated as

	Days Payable (A: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2022 )	+	Accounts Payable (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (0.086	+	0.496)	/	2 )	/	0	*	365
=	0.291					/	0	*	365
=	N/A

Macro Metals'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
=	( (0.496	+	0.365)	/	2 )	/	0	*	365 / 2
=	0.4305					/	0	*	365 / 2
=	N/A

Macro Metals Days Payable Related Terms

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Macro Metals (ASX:M4M) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Macro Metals Ltd (ASX:M4M) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

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Address

60 Stirling Highway, peppermint Grove, Suite 38, Perth, WA, AUS, 6011

Website

https://www.kogiiron.com

Macro Metals Ltd is a mineral exploration company. The principal activities of the company consist of exploration and evaluation of WA iron ore tenements, acquisition of additional prospective tenements in WA, proposed acquisition of Chilean lithium projects, and continued evaluation of Agbaja Cast Steel Project. It operates in one industry segment, which is mineral exploration, evaluation, and development, and operates in two geographic segments: the Federal Republic of Nigeria and Australia.

Macro Metals (ASX:M4M) Headlines

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