Capricorn Metals (ASX:CMM) Days Payable : 63.05 (As of Dec. 2023)

View and export this data going back to 2008. Start your Free Trial

What is Capricorn Metals Days Payable?

Capricorn Metals's average Accounts Payable for the six months ended in Dec. 2023 was A$26.5 Mil. Capricorn Metals's Cost of Goods Sold for the six months ended in Dec. 2023 was A$76.8 Mil. Hence, Capricorn Metals's Days Payable for the six months ended in Dec. 2023 was 63.05.

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

ASX:CMM' s Days Payable Range Over the Past 10 Years
Min: 21.89 Med: 26.72 Max: 57.14
Current: 57.14

During the past 13 years, Capricorn Metals's highest Days Payable was 57.14. The lowest was 21.89. And the median was 26.72.

ASX:CMM's Days Payable is ranked worse than
70.67% of 1067 companies
in the Metals & Mining industry
Industry Median: 128.84 vs ASX:CMM: 57.14

Capricorn Metals's Days Payable increased from Dec. 2022 (43.05) to Dec. 2023 (63.05). It may suggest that Capricorn Metals delayed paying its suppliers.

Capricorn Metals Days Payable Historical Data

The historical data trend for Capricorn 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.

* Premium members only.

Capricorn Metals Days Payable Chart

Capricorn Metals Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Payable

Get a 7-Day Free Trial

21.89

31.54

Capricorn 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															44.43	35.08	43.05	43.03	63.05

Competitive Comparison of Capricorn Metals's Days Payable

For the Gold subindustry, Capricorn 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.

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

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

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

Capricorn 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.

Capricorn 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
=	( (8.169	+	17.141)	/	2 )	/	146.429	*	365
=	12.655					/	146.429	*	365
=	31.54

Capricorn 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
=	( (17.141	+	35.888)	/	2 )	/	76.751	*	365 / 2
=	26.5145					/	76.751	*	365 / 2
=	63.05

Capricorn Metals Days Payable Related Terms

Thank you for viewing the detailed overview of Capricorn Metals's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Capricorn Metals (ASX:CMM) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

CRNLF:USA MGM:Germany

Address

Level 3, 40 Kings Park Road, West Perth, Perth, WA, AUS, 6005

Website

https://www.capmetals.com.au

Capricorn Metals Ltd is a mineral exploration and project evaluation company. The company's geographical segment includes Australia and Madagascar. The company's project includes the Karlawinda gold project based in Western Australia and the Mount Gibson Gold.

Capricorn Metals (ASX:CMM) Headlines

No Headlines