PJSC Mining & Metallurgical Co Norilsk Nickel (LSE:MNOD) Days Payable : 39.01 (As of Dec. 2023)

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What is PJSC Mining & Metallurgical Co Norilsk Nickel Days Payable?

PJSC Mining & Metallurgical Co Norilsk Nickel's average Accounts Payable for the six months ended in Dec. 2023 was $755 Mil. PJSC Mining & Metallurgical Co Norilsk Nickel's Cost of Goods Sold for the six months ended in Dec. 2023 was $3,532 Mil. Hence, PJSC Mining & Metallurgical Co Norilsk Nickel's Days Payable for the six months ended in Dec. 2023 was 39.01.

The historical rank and industry rank for PJSC Mining & Metallurgical Co Norilsk Nickel's Days Payable or its related term are showing as below:

LSE:MNOD' s Days Payable Range Over the Past 10 Years
Min: 13.16 Med: 24.15 Max: 42.2
Current: 33.05

During the past 13 years, PJSC Mining & Metallurgical Co Norilsk Nickel's highest Days Payable was 42.20. The lowest was 13.16. And the median was 24.15.

LSE:MNOD's Days Payable is ranked worse than
82.82% of 1065 companies
in the Metals & Mining industry
Industry Median: 129.97 vs LSE:MNOD: 33.05

PJSC Mining & Metallurgical Co Norilsk Nickel's Days Payable declined from Dec. 2022 (69.52) to Dec. 2023 (39.01). It may suggest that PJSC Mining & Metallurgical Co Norilsk Nickel accelerated paying its suppliers.

PJSC Mining & Metallurgical Co Norilsk Nickel Days Payable Historical Data

The historical data trend for PJSC Mining & Metallurgical Co Norilsk Nickel'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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PJSC Mining & Metallurgical Co Norilsk Nickel Days Payable Chart

PJSC Mining & Metallurgical Co Norilsk Nickel Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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27.57

25.71

21.43

27.17

26.85

PJSC Mining & Metallurgical Co Norilsk Nickel 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															49.03	65.49	69.52	44.23	39.01

Competitive Comparison of PJSC Mining & Metallurgical Co Norilsk Nickel's Days Payable

For the Other Industrial Metals & Mining subindustry, PJSC Mining & Metallurgical Co Norilsk Nickel'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.

PJSC Mining & Metallurgical Co Norilsk Nickel's Days Payable Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, PJSC Mining & Metallurgical Co Norilsk Nickel's Days Payable distribution charts can be found below:

* The bar in red indicates where PJSC Mining & Metallurgical Co Norilsk Nickel's Days Payable falls into.

PJSC Mining & Metallurgical Co Norilsk Nickel 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.

PJSC Mining & Metallurgical Co Norilsk Nickel'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
=	( (614	+	422)	/	2 )	/	7043	*	365
=	518					/	7043	*	365
=	26.85

PJSC Mining & Metallurgical Co Norilsk Nickel'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
=	( (1088	+	422)	/	2 )	/	3532	*	365 / 2
=	755					/	3532	*	365 / 2
=	39.01

PJSC Mining & Metallurgical Co Norilsk Nickel Days Payable Related Terms

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PJSC Mining & Metallurgical Co Norilsk Nickel (LSE:MNOD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » PJSC Mining & Metallurgical Co Norilsk Nickel (LSE:MNOD) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

GMKN:Russia

Address

15, 1st Krasnogvardeysky Drive, Moscow, RUS, 123100

Website

https://www.nornickel.com

PJSC Mining & Metallurgical Co Norilsk Nickel is a metal and mining company engaged in activities such as exploration, extraction, refining of ore and nonmetallic minerals, and sale of base and precious minerals. The company is organized into seven operating business segments: GMK Group, South Cluster, KGMK Group, NN Harjavalta, GRK Bystrinskoye, other mining, and other nonmetallurgical. The majority of the company's revenue is derived from the GMK Group segment which includes mining, processing and other metallurgy operations, and sale of precious metals. More than half the company's consolidated revenue is earned from the sale of metals to customers in Europe.

PJSC Mining & Metallurgical Co Norilsk Nickel (LSE:MNOD) Headlines

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