Deterra Royalties (ASX:DRR) Days Payable : 0.00 (As of Dec. 2023)

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What is Deterra Royalties Days Payable?

Deterra Royalties's average Accounts Payable for the six months ended in Dec. 2023 was A$0.2 Mil. Deterra Royalties's Cost of Goods Sold for the six months ended in Dec. 2023 was A$0.0 Mil.

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

ASX:DRR's Days Payable is not ranked ^*
in the Metals & Mining industry.
Industry Median: 129.97
* Ranked among companies with meaningful Days Payable only.

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

Deterra Royalties Days Payable Historical Data

The historical data trend for Deterra Royalties'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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Deterra Royalties Days Payable Chart

Deterra Royalties Annual Data

Trend

Jun21

Jun22

Jun23

Days Payable

Deterra Royalties Semi-Annual Data
	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial			-	-	-	-	-

Competitive Comparison of Deterra Royalties's Days Payable

For the Other Industrial Metals & Mining subindustry, Deterra Royalties'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.

Deterra Royalties's Days Payable Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Deterra Royalties's Days Payable falls into.

Deterra Royalties 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.

Deterra Royalties'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
=	( (0.043	+	0.109)	/	2 )	/	0	*	365
=	0.076					/	0	*	365
=	N/A

Deterra Royalties'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
=	( (0.109	+	0.35)	/	2 )	/	0	*	365 / 2
=	0.2295					/	0	*	365 / 2
=	N/A

Deterra Royalties Days Payable Related Terms

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Deterra Royalties (ASX:DRR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Deterra Royalties Ltd (ASX:DRR) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

DETRF:USA

Address

140 St Georges Terrace, Level 16, Perth, WA, AUS, 6000

Website

https://www.iluka.com

Deterra Royalties was spun out from Iluka Resources in October 2020 with Iluka retaining a 20% interest. Its only material income generating asset is a royalty covering iron ore produced by BHP from the Mining Area C royalty area, located in the Pilbara region of Western Australia. The royalty area includes the North Flank mine, producing approximately 60 million metric tons of iron ore a year, and the South Flank mine, expected to add a further 85 million metric tons a year by 2024 after producing first ore in 2021. The MAC royalty area also covers most of the Tandanya and Mudlark deposits, which BHP intends to develop in the longer term as part of its plan to operate the MAC production hub for at least 50 years. Deterra's strategy is to grow into a diversified royalty company.