New Hope (FRA:OD8) Days Payable

: 47.88 (As of Jan. 2024)

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New Hope's average Accounts Payable for the six months ended in Jan. 2024 was €67 Mil. New Hope's Cost of Goods Sold for the six months ended in Jan. 2024 was €255 Mil. Hence, New Hope's Days Payable for the six months ended in Jan. 2024 was 47.88.

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

FRA:OD8' s Days Payable Range Over the Past 10 Years
Min: 36.39 Med: 48.06 Max: 55.57
Current: 47.65

During the past 13 years, New Hope's highest Days Payable was 55.57. The lowest was 36.39. And the median was 48.06.

FRA:OD8's Days Payable is ranked worse than
62.2% of 127 companies
in the Other Energy Sources industry
Industry Median: 66.26 vs FRA:OD8: 47.65

New Hope's Days Payable increased from Jan. 2023 (35.95) to Jan. 2024 (47.88). It may suggest that New Hope delayed paying its suppliers.

New Hope Days Payable Historical Data

The historical data trend for New Hope'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.

New Hope Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Days Payable

48.13

46.15

44.01

38.16

38.29

New Hope Semi-Annual Data
	Jul14	Jan15	Jul15	Jan16	Jul16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24
Days Payable																35.48	52.56	35.95	45.71	47.88

Competitive Comparison

For the Thermal Coal subindustry, New Hope'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 Hope Days Payable Distribution

For the Other Energy Sources industry and Energy sector, New Hope's Days Payable distribution charts can be found below:

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

New Hope 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 Hope's Days Payable for the fiscal year that ended in Jul. 2023 is calculated as

	Days Payable (A: Jul. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jul. 2022 )	+	Accounts Payable (A: Jul. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jul. 2023 )	*	Days in Period
=	( (63.654	+	58.163)	/	2 )	/	580.581	*	365
=	60.9085					/	580.581	*	365
=	38.29

New Hope's Days Payable for the quarter that ended in Jan. 2024 is calculated as:

	Days Payable (Q: Jan. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jul. 2023 )	+	Accounts Payable (Q: Jan. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jan. 2024 )	*	Days in Period
=	( (58.163	+	75.589)	/	2 )	/	254.909	*	365 / 2
=	66.876					/	254.909	*	365 / 2
=	47.88

New Hope Days Payable Related Terms

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New Hope (FRA:OD8) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » New Hope Corp Ltd (FRA:OD8) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

NHPEF:USA NHC:Australia

Address

175 Eagle Street, Level 16, Brisbane, QLD, AUS, 4000

Website

https://www.newhopegroup.com.au

New Hope Corporation is an Australian thermal coal miner. It has two operating mines: the 100%-owned New Acland coal mine in Queensland and its 80%-owned Bengalla coal mine in New South Wales. The company should produce around 13 million metric tons of equity salable thermal coal annually from fiscal 2027, up from around 8 million in fiscal 2023, driven by the construction and ramp up of New Acland Stage 3. The vast majority of New Hope's production is sold into seaborne thermal coal export markets. Reserves at New Acland and Bengalla are sufficient to support multidecade mine lives. New Hope also has significant undeveloped coal resources in Queensland, as well as a 15% holding in the Malabar-Maxwell metallurgical coal mine, which began production in 2023.

New Hope (FRA:OD8) Headlines

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