Summit Resources (Summit Resources) Days Payable : 0.00 (As of Dec. 2017)

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What is Summit Resources Days Payable?

Summit Resources's average Accounts Payable for the six months ended in Dec. 2017 was $0.08 Mil. Summit Resources's Cost of Goods Sold for the six months ended in Dec. 2017 was $0.00 Mil.

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

SRCSF's Days Payable is not ranked ^*
in the Metals & Mining industry.
Industry Median: 129.525
* Ranked among companies with meaningful Days Payable only.

Summit Resources's Days Payable stayed the same from Dec. 2016 (0.00) to Dec. 2017 (0.00).

Summit Resources Days Payable Historical Data

The historical data trend for Summit 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.

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Summit Resources Days Payable Chart

Summit Resources Annual Data

Trend

Jun09

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Jun18

Days Payable

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Summit Resources Semi-Annual Data
	Dec08	Jun09	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18
Days Payable	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Summit Resources's Days Payable

For the Other Industrial Metals & Mining subindustry, Summit 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.

Summit Resources's Days Payable Distribution in the Metals & Mining Industry

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

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

Summit 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.

Summit Resources's Days Payable for the fiscal year that ended in Jun. 2018 is calculated as

	Days Payable (A: Jun. 2018 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2017 )	+	Accounts Payable (A: Jun. 2018 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2018 )	*	Days in Period
=	( (0.044	+	0.238)	/	2 )	/	0	*	365
=	0.141					/	0	*	365
=	N/A

Summit Resources's Days Payable for the quarter that ended in Dec. 2017 is calculated as:

	Days Payable (Q: Dec. 2017 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2017 )	+	Accounts Payable (Q: Dec. 2017 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2017 )	*	Days in Period
=	( (0.044	+	0.119)	/	2 )	/	0	*	365 / 2
=	0.0815					/	0	*	365 / 2
=	N/A

Summit Resources Days Payable Related Terms

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Summit Resources (Summit Resources) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.summitresources.com.au

Summit Resources Ltd is an Australian based uranium exploration company. It is engaged in the exploration and evaluation of uranium projects in Queensland, Australia.

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