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Silver Lake Resources (ASX:SLR) Days Payable : 72.94 (As of Dec. 2023)


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What is Silver Lake Resources Days Payable?

Silver Lake Resources's average Accounts Payable for the six months ended in Dec. 2023 was A$59.0 Mil. Silver Lake Resources's Cost of Goods Sold for the six months ended in Dec. 2023 was A$147.7 Mil. Hence, Silver Lake Resources's Days Payable for the six months ended in Dec. 2023 was 72.94.

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

ASX:SLR' s Days Payable Range Over the Past 10 Years
Min: 35.31   Med: 48.72   Max: 69.2
Current: 42.47

During the past 13 years, Silver Lake Resources's highest Days Payable was 69.20. The lowest was 35.31. And the median was 48.72.

ASX:SLR's Days Payable is ranked worse than
78.22% of 1065 companies
in the Metals & Mining industry
Industry Median: 128.84 vs ASX:SLR: 42.47

Silver Lake Resources's Days Payable declined from Dec. 2022 (82.56) to Dec. 2023 (72.94). It may suggest that Silver Lake Resources accelerated paying its suppliers.


Silver Lake Resources Days Payable Historical Data

The historical data trend for Silver Lake 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.

* Premium members only.

Silver Lake Resources Days Payable Chart

Silver Lake Resources Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 50.86 43.79 48.48 48.82 35.31

Silver Lake Resources 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 103.20 34.14 82.56 26.80 72.94

Competitive Comparison of Silver Lake Resources's Days Payable

For the Gold subindustry, Silver Lake 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.


Silver Lake Resources's Days Payable Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Silver Lake Resources's Days Payable falls into.



Silver Lake 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.

Silver Lake Resources'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
=( (65.972 + 43.815) / 2 ) / 567.385*365
=54.8935 / 567.385*365
=35.31

Silver Lake Resources'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
=( (43.815 + 74.25) / 2 ) / 147.698*365 / 2
=59.0325 / 147.698*365 / 2
=72.94

* 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.


Silver Lake Resources Days Payable Related Terms

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Silver Lake Resources (ASX:SLR) Business Description

Traded in Other Exchanges
Address
85 South Perth Esplanade, Suite 4, Level 3, South Shore Centre, South Perth, Perth, WA, AUS, 6151
Silver Lake Resources Ltd is a gold-producing and exploration company. Its segments include Mount Monger Operation, Sugar Zone Operation, and Deflector Operation which includes Rothsay Project. The Mount Monger Operation produces gold bullion while the Deflector produces gold bullion and gold-copper concentrate. Sugar Zone Operation produces gold bullion and gold concentrate.

Silver Lake Resources (ASX:SLR) Headlines

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