Somerset Minerals (ASX:SMM) Days Payable : 0.00 (As of Dec. 2024)

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What is Somerset Minerals Days Payable?

Somerset Minerals's average Accounts Payable for the six months ended in Dec. 2024 was A$0.38 Mil. Somerset Minerals's Cost of Goods Sold for the six months ended in Dec. 2024 was A$0.00 Mil.

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

ASX:SMM's Days Payable is not ranked ^*
in the Metals & Mining industry.
Industry Median: 126.99
* Ranked among companies with meaningful Days Payable only.

Somerset Minerals's Days Payable stayed the same from Dec. 2023 (0.00) to Dec. 2024 (0.00).

Somerset Minerals Days Payable Historical Data

The historical data trend for Somerset Minerals'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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Somerset Minerals Days Payable Chart

Somerset Minerals Annual Data

Trend

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Days Payable

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Somerset Minerals Semi-Annual Data
	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Days Payable	Get a 7-Day Free Trial								-	-	-	-	-

Competitive Comparison of Somerset Minerals's Days Payable

For the Other Industrial Metals & Mining subindustry, Somerset Minerals'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.

Somerset Minerals's Days Payable Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Somerset Minerals's Days Payable falls into.

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Somerset Minerals 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.

Somerset Minerals's Days Payable for the fiscal year that ended in Jun. 2024 is calculated as

	Days Payable (A: Jun. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2023 )	+	Accounts Payable (A: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2024 )	*	Days in Period
=	( (0.441	+	0.092)	/	2 )	/	0	*	365
=	0.2665					/	0	*	365
=	N/A

Somerset Minerals's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

	Days Payable (Q: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2024 )	+	Accounts Payable (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (0.092	+	0.676)	/	2 )	/	0	*	365 / 2
=	0.384					/	0	*	365 / 2
=	N/A

Somerset Minerals Days Payable Related Terms

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Somerset Minerals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Somerset Minerals Ltd (ASX:SMM) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

TMRFF:USA 4W00:Germany

Address

22 Mount Street, Level 2, Perth, WA, AUS, 6000

Website

https://www.somersetminerals.com.au

Somerset Minerals Ltd is a mineral exploration company focusing on exploring and developing Gold, copper, and other mineral opportunities. The projects of the company include the Claypan Dam Project, the Montejinni Project, the Blackdome-Elizabeth Gold Project, and the Zamora Project. Its operating segments are Corporate Activities Australia, Exploration Activities Canada, and Exploration Activities Educator.