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Iron Road (ASX:IRD) Days Payable : 0.00 (As of Dec. 2023)


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What is Iron Road Days Payable?

Iron Road's average Accounts Payable for the six months ended in Dec. 2023 was A$0.60 Mil. Iron Road's Cost of Goods Sold for the six months ended in Dec. 2023 was A$0.00 Mil.

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

ASX:IRD's Days Payable is not ranked *
in the Steel industry.
Industry Median: 39.7
* Ranked among companies with meaningful Days Payable only.

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


Iron Road Days Payable Historical Data

The historical data trend for Iron Road'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.

Iron Road Days Payable Chart

Iron Road Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Days Payable
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Iron Road Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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Competitive Comparison of Iron Road's Days Payable

For the Steel subindustry, Iron Road'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.


Iron Road's Days Payable Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Iron Road's Days Payable distribution charts can be found below:

* The bar in red indicates where Iron Road's Days Payable falls into.



Iron Road 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.

Iron Road'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
=( (0.501 + 0.513) / 2 ) / 0*365
=0.507 / 0*365
=N/A

Iron Road'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
=( (0.513 + 0.678) / 2 ) / 0*365 / 2
=0.5955 / 0*365 / 2
=N/A

* 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.


Iron Road Days Payable Related Terms

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Iron Road (ASX:IRD) Business Description

Traded in Other Exchanges
Address
63 Pirie Street, Level 3, Adelaide, SA, AUS, 5000
Iron Road Ltd. is a mineral exploration company, which explores iron ore in Australia. Its projects include the Central Eyre Iron and Gawler Iron. The Central Eyre Iron project consists of three prospects: Warramboo, Kopi, and Hambidge.

Iron Road (ASX:IRD) Headlines

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