New Century Resources (ASX:NCZ) Days Payable : 187.87 (As of Dec. 2022)

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What is New Century Resources Days Payable?

New Century Resources's average Accounts Payable for the six months ended in Dec. 2022 was A$95.6 Mil. New Century Resources's Cost of Goods Sold for the six months ended in Dec. 2022 was A$92.9 Mil. Hence, New Century Resources's Days Payable for the six months ended in Dec. 2022 was 187.87.

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

ASX:NCZ' s Days Payable Range Over the Past 10 Years
Min: 108.21 Med: 110.25 Max: 165.41
Current: 165.41

During the past 12 years, New Century Resources's highest Days Payable was 165.41. The lowest was 108.21. And the median was 110.25.

ASX:NCZ's Days Payable is not ranked
in the Metals & Mining industry.
Industry Median: 129.525 vs ASX:NCZ: 165.41

New Century Resources's Days Payable increased from Dec. 2021 (109.45) to Dec. 2022 (187.87). It may suggest that New Century Resources delayed paying its suppliers.

New Century Resources Days Payable Historical Data

The historical data trend for New Century 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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New Century Resources Days Payable Chart

New Century Resources Annual Data

Trend

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Days Payable

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108.21

112.29

New Century Resources Semi-Annual Data
	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22
Days Payable	Get a 7-Day Free Trial															146.61	126.81	109.45	138.53	187.87

Competitive Comparison of New Century Resources's Days Payable

For the Other Industrial Metals & Mining subindustry, New Century 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.

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

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

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

New Century 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.

New Century Resources's Days Payable for the fiscal year that ended in Jun. 2022 is calculated as

	Days Payable (A: Jun. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2021 )	+	Accounts Payable (A: Jun. 2022 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2022 )	*	Days in Period
=	( (45.435	+	81.496)	/	2 )	/	206.288	*	365
=	63.4655					/	206.288	*	365
=	112.29

New Century Resources's Days Payable for the quarter that ended in Dec. 2022 is calculated as:

	Days Payable (Q: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2022 )	+	Accounts Payable (Q: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2022 )	*	Days in Period
=	( (81.496	+	109.742)	/	2 )	/	92.887	*	365 / 2
=	95.619					/	92.887	*	365 / 2
=	187.87

New Century Resources Days Payable Related Terms

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New Century Resources (ASX:NCZ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » New Century Resources Ltd (ASX:NCZ) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

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Address

360 Collins Street, Level 4, Melbourne, VIC, AUS, 3000

Website

https://www.newcenturyresources.com

New Century Resources Ltd is a mining company focused on producing metal from globally significant assets, acquired on attractive terms while rehabilitating legacy impacts on the environment. The company is a Zinc producer, operating Australia's hydraulic mining operation at the Century Mine in Queensland; extracting, processing and shipping Zinc reprocessed from historical tailings waste. It is actively progressing organic growth opportunities through in-situ projects at Century and exploring the potential to restart the Mt Lyell Copper Mine in Tasmania using renewable energy. In addition, the group is partnering with major mining companies to reprocess and rehabilitate tailings, to the benefit of the shareholders and the environment.