Tungsten West (LSE:TUN) Days Payable : 241.04 (As of Sep. 2023)

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What is Tungsten West Days Payable?

Tungsten West's average Accounts Payable for the six months ended in Sep. 2023 was £1.03 Mil. Tungsten West's Cost of Goods Sold for the six months ended in Sep. 2023 was £0.78 Mil. Hence, Tungsten West's Days Payable for the six months ended in Sep. 2023 was 241.04.

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

LSE:TUN' s Days Payable Range Over the Past 10 Years
Min: 10.24 Med: 43.56 Max: 689.09
Current: 689.09

During the past 4 years, Tungsten West's highest Days Payable was 689.09. The lowest was 10.24. And the median was 43.56.

LSE:TUN's Days Payable is ranked better than
64.89% of 1068 companies
in the Metals & Mining industry
Industry Median: 131.36 vs LSE:TUN: 689.09

Tungsten West's Days Payable increased from Sep. 2022 (148.87) to Sep. 2023 (241.04). It may suggest that Tungsten West delayed paying its suppliers.

Tungsten West Days Payable Historical Data

The historical data trend for Tungsten West'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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Tungsten West Days Payable Chart

Tungsten West Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Days Payable

10.24

33.40

53.72

113.82

Tungsten West Semi-Annual Data
	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Payable	Get a 7-Day Free Trial			85.96	222.11	148.87	11,117.90	241.04

Competitive Comparison of Tungsten West's Days Payable

For the Other Industrial Metals & Mining subindustry, Tungsten West'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.

Tungsten West's Days Payable Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Tungsten West's Days Payable falls into.

Tungsten West 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.

Tungsten West's Days Payable for the fiscal year that ended in Mar. 2023 is calculated as

	Days Payable (A: Mar. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2022 )	+	Accounts Payable (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (0.694	+	0.544)	/	2 )	/	1.985	*	365
=	0.619					/	1.985	*	365
=	113.82

Tungsten West's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

	Days Payable (Q: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (0.544	+	1.519)	/	2 )	/	0.781	*	365 / 2
=	1.0315					/	0.781	*	365 / 2
=	241.04

Tungsten West Days Payable Related Terms

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Tungsten West (LSE:TUN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Tungsten West PLC (LSE:TUN) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

540:Germany

Address

Hemerdon Mine, Drakelands, Plympton, Plymouth, Devon, GBR, PL7 5BS

Website

https://www.tungstenwest.com

Tungsten West PLC owns and operates historical Hemerdon tungsten and tin mine located near Plymouth in southern Devon, England. It has a compliant Mineral Resource of approximately 325Mt at 0.12 per cent. WO3. The company's main country of operation is the United Kingdom.

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