BCI Minerals (BCI Minerals) Days Payable

: 495.97 (As of Dec. 2023)

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BCI Minerals's average Accounts Payable for the six months ended in Dec. 2023 was $41.80 Mil. BCI Minerals's Cost of Goods Sold for the six months ended in Dec. 2023 was $15.38 Mil. Hence, BCI Minerals's Days Payable for the six months ended in Dec. 2023 was 495.97.

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

BIRNF' s Days Payable Range Over the Past 10 Years
Min: 98.29 Med: 123.25 Max: 711.33
Current: 550.11

During the past 13 years, BCI Minerals's highest Days Payable was 711.33. The lowest was 98.29. And the median was 123.25.

BIRNF's Days Payable is ranked better than
98.47% of 587 companies
in the Steel industry
Industry Median: 39.75 vs BIRNF: 550.11

BCI Minerals's Days Payable declined from Dec. 2022 (918.59) to Dec. 2023 (495.97). It may suggest that BCI Minerals accelerated paying its suppliers.

BCI Minerals Days Payable Historical Data

The historical data trend for BCI 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.

* Premium members only.

BCI Minerals Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Payable

123.21

124.13

108.96

477.61

727.55

BCI Minerals 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																310.32	468.12	918.59	614.73	495.97

Competitive Comparison

For the Steel subindustry, BCI 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.

BCI Minerals Days Payable Distribution

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

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

BCI 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.

BCI Minerals'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
=	( (40.044	+	40.867)	/	2 )	/	20.296	*	365
=	40.4555					/	20.296	*	365
=	727.55

BCI Minerals'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
=	( (40.867	+	42.734)	/	2 )	/	15.381	*	365 / 2
=	41.8005					/	15.381	*	365 / 2
=	495.97

BCI Minerals Days Payable Related Terms

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BCI Minerals (BCI Minerals) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » BCI Minerals Ltd (OTCPK:BIRNF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

BCI:Australia

Address

1 Altona Street, Level 2, West Perth, Perth, WA, AUS, 6005

Website

https://www.bciminerals.com.au

BCI Minerals Ltd is an Australia-based resources company, managing a diversified portfolio of mineral interests. Its assets include Buckland, Mardie Salt, Carnegie Potash, and other exploration projects including Marble bar, Black Hills, and Maitland. The company earns potential iron ore royalties over third party projects located in the Pilbara. It holds an interest in Mardie Salt & Potash Project, Carnegie Potash Project, and Iron Valley Iron Ore Mine. The firm has three reportable segments being; Iron Valley, Mardie, and Other (Corporate and other assets). Sales revenue comprises iron ore sales in Australia.

BCI Minerals (BCI Minerals) Days Payable

BCI Minerals Days Payable Historical Data

BCI Minerals Days Payable Calculation

BCI Minerals Days Payable Related Terms

BCI Minerals (BCI Minerals) Business Description

BCI Minerals (BCI Minerals) Headlines