Emerald Resources NL (ASX:EMR) Days Payable

: 68.82 (As of Dec. 2023)

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Emerald Resources NL's average Accounts Payable for the six months ended in Dec. 2023 was A$22.9 Mil. Emerald Resources NL's Cost of Goods Sold for the six months ended in Dec. 2023 was A$60.8 Mil. Hence, Emerald Resources NL's Days Payable for the six months ended in Dec. 2023 was 68.82.

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

ASX:EMR' s Days Payable Range Over the Past 10 Years
Min: 44.18 Med: 110.87 Max: 440.15
Current: 72.93

During the past 13 years, Emerald Resources NL's highest Days Payable was 440.15. The lowest was 44.18. And the median was 110.87.

ASX:EMR's Days Payable is ranked worse than
61.78% of 1065 companies
in the Metals & Mining industry
Industry Median: 129.97 vs ASX:EMR: 72.93

Emerald Resources NL's Days Payable declined from Dec. 2022 (70.03) to Dec. 2023 (68.82). It may suggest that Emerald Resources NL accelerated paying its suppliers.

Emerald Resources NL Days Payable Historical Data

The historical data trend for Emerald Resources NL'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.

Emerald Resources NL Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Payable

66.89

44.18

Emerald Resources NL 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																171.83	69.98	70.03	60.50	68.82

Competitive Comparison

For the Gold subindustry, Emerald Resources NL'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.

Emerald Resources NL Days Payable Distribution

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

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

Emerald Resources NL 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.

Emerald Resources NL'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
=	( (14.761	+	13.309)	/	2 )	/	115.941	*	365
=	14.035					/	115.941	*	365
=	44.18

Emerald Resources NL'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
=	( (13.309	+	32.573)	/	2 )	/	60.839	*	365 / 2
=	22.941					/	60.839	*	365 / 2
=	68.82

Emerald Resources NL Days Payable Related Terms

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Emerald Resources NL (ASX:EMR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Emerald Resources NL (ASX:EMR) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

EOGSF:USA

Address

1110 Hay Street, West Perth, Perth, WA, AUS, 6005

Website

https://www.emeraldresources.com.au

Emerald Resources NL is engaged in mineral exploration primarily in Cambodia and advancing the company's Okvau Gold Project. The company segment is based on geographical regions, namely Cambodia, Australia, and Corporate. The company's project includes Cambodia Gold project and the Magoffin County project.