Bathurst Resources (Bathurst Resources) Days Payable : 52.93 (As of Dec. 2023)

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What is Bathurst Resources Days Payable?

Bathurst Resources's average Accounts Payable for the six months ended in Dec. 2023 was $3.90 Mil. Bathurst Resources's Cost of Goods Sold for the six months ended in Dec. 2023 was $13.43 Mil. Hence, Bathurst Resources's Days Payable for the six months ended in Dec. 2023 was 52.93.

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

BTURF' s Days Payable Range Over the Past 10 Years
Min: 15.78 Med: 27.69 Max: 80.22
Current: 80.22

During the past 13 years, Bathurst Resources's highest Days Payable was 80.22. The lowest was 15.78. And the median was 27.69.

BTURF's Days Payable is ranked better than
76.87% of 588 companies
in the Steel industry
Industry Median: 39.59 vs BTURF: 80.22

Bathurst Resources's Days Payable declined from Dec. 2022 (59.25) to Dec. 2023 (52.93). It may suggest that Bathurst Resources accelerated paying its suppliers.

Bathurst Resources Days Payable Historical Data

The historical data trend for Bathurst 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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Bathurst Resources Days Payable Chart

Bathurst Resources Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Payable

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18.59

45.84

35.45

20.07

16.30

Bathurst 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															72.79	84.99	59.25	76.62	52.93

Competitive Comparison of Bathurst Resources's Days Payable

For the Coking Coal subindustry, Bathurst 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.

Bathurst Resources's Days Payable Distribution in the Steel Industry

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

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

Bathurst 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.

Bathurst 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
=	( (1.453	+	0.627)	/	2 )	/	23.29	*	365
=	1.04					/	23.29	*	365
=	16.30

Bathurst 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
=	( (0.627	+	7.164)	/	2 )	/	13.432	*	365 / 2
=	3.8955					/	13.432	*	365 / 2
=	52.93

Bathurst Resources Days Payable Related Terms

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Bathurst Resources (Bathurst Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Bathurst Resources Ltd (OTCPK:BTURF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

B0R:Germany BRL:Australia

Address

1 Willeston Street, Level 12, Wellington, NZL, 6011

Website

https://www.bathurst.co.nz

Bathurst Resources Ltd is principally engaged in the exploration, development, and production of coal. The operating business segments of the company are Export, Domestic, and Corporate, with maximum revenue from the export segment. It has three operating mines in the South Island: Canterbury Coal, Stockton, and Takitimu. It also operates Maramarua and Rotowaro in the Waikato region of the North Island. Further, it has two mines the Cascade and Escarpment mines near Westport.

Bathurst Resources (Bathurst Resources) Headlines

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