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Gold Fields (NYSE:GFI) Days Payable

: 0.00 (As of Dec. 2023)
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Gold Fields's average Accounts Payable for the six months ended in Dec. 2023 was $0 Mil. Gold Fields's Cost of Goods Sold for the six months ended in Dec. 2023 was $1,441 Mil. Hence, Gold Fields's Days Payable for the six months ended in Dec. 2023 was 0.00.

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

GFI' s Days Payable Range Over the Past 10 Years
Min: 13.62   Med: 21.44   Max: 29.63
Current: 15.69

During the past 13 years, Gold Fields's highest Days Payable was 29.63. The lowest was 13.62. And the median was 21.44.

GFI's Days Payable is ranked worse than
94.36% of 1063 companies
in the Metals & Mining industry
Industry Median: 125.88 vs GFI: 15.69

Gold Fields's Days Payable declined from Dec. 2022 (17.87) to Dec. 2023 (0.00). It may suggest that Gold Fields accelerated paying its suppliers.


Gold Fields Days Payable Historical Data

The historical data trend for Gold Fields'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.

Gold Fields Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 17.19 21.97 21.89 20.02 16.97

Gold Fields 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 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 Premium Member Only Premium Member Only Premium Member Only 23.40 22.16 17.87 17.07 -

Competitive Comparison

For the Gold subindustry, Gold Fields'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.


Gold Fields Days Payable Distribution

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

* The bar in red indicates where Gold Fields's Days Payable falls into.



Gold Fields 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.

Gold Fields's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

Days Payable (A: Dec. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2022 ) + Accounts Payable (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (133.1 + 0) / 1 ) / 2863.4*365
=133.1 / 2863.4*365
=16.97

Gold Fields'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 + 0) / 1 ) / 1440.5*365 / 2
=0 / 1440.5*365 / 2
=0.00

* 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.


Gold Fields Days Payable Related Terms

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Gold Fields (NYSE:GFI) Business Description

Address
150 Helen Road, Sandown, Sandton, Johannesburg, GT, ZAF, 2196
Gold Fields Ltd is a producer of gold and is a holder of gold reserves and resources in South Africa, Ghana, Australia and Peru. In Peru, the company also produces copper. The company is primarily involved in underground and surface gold and surface copper mining and silver and related activities, including exploration, extraction, processing and smelting. It conducts underground and surface mining operations at St. Ives, underground-only operations at Agnew, Granny Smith and South Deep and surface-only open pit mining at Damang, Tarkwa and Cerro Corona. The company's revenues are derived from the sale of gold that it produces.