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Pilbara Minerals (Pilbara Minerals) Days Payable : 146.10 (As of Dec. 2023)


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What is Pilbara Minerals Days Payable?

Pilbara Minerals's average Accounts Payable for the six months ended in Dec. 2023 was $148 Mil. Pilbara Minerals's Cost of Goods Sold for the six months ended in Dec. 2023 was $184 Mil. Hence, Pilbara Minerals's Days Payable for the six months ended in Dec. 2023 was 146.10.

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

PILBF' s Days Payable Range Over the Past 10 Years
Min: 20.19   Med: 51.82   Max: 457.43
Current: 129.97

During the past 13 years, Pilbara Minerals's highest Days Payable was 457.43. The lowest was 20.19. And the median was 51.82.

PILBF's Days Payable is ranked worse than
50.05% of 1065 companies
in the Metals & Mining industry
Industry Median: 129.97 vs PILBF: 129.97

Pilbara Minerals's Days Payable increased from Dec. 2022 (71.45) to Dec. 2023 (146.10). It may suggest that Pilbara Minerals delayed paying its suppliers.


Pilbara Minerals Days Payable Historical Data

The historical data trend for Pilbara 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.

Pilbara Minerals Days Payable Chart

Pilbara Minerals Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 180.35 66.54 35.74 32.90 20.77

Pilbara 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 Get a 7-Day Free Trial 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 82.11 56.70 71.45 66.19 146.10

Competitive Comparison of Pilbara Minerals's Days Payable

For the Other Industrial Metals & Mining subindustry, Pilbara 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.


Pilbara Minerals's Days Payable Distribution in the Metals & Mining Industry

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

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



Pilbara 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.

Pilbara 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
=( (31.424 + 19.891) / 2 ) / 450.965*365
=25.6575 / 450.965*365
=20.77

Pilbara 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
=( (19.891 + 275.477) / 2 ) / 184.477*365 / 2
=147.684 / 184.477*365 / 2
=146.10

* 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.


Pilbara Minerals Days Payable Related Terms

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Pilbara Minerals (Pilbara Minerals) Business Description

Traded in Other Exchanges
Address
146 Colin Street, Level 2, West Perth, Perth, WA, AUS, 6005
Pilbara Minerals Ltd is an industrial metals and materials company. The business is engaged in the exploration, development, and mining of resources. Pilbara Minerals has one business segment, Mining, that is engaged in mineral exploration, evaluation, and development of various mineral resources. The company generates the vast majority of its revenue in Australia. The company's primary property is the Pilgangoora Lithium-Tantalum Project in the Pilbara region of Western Australia.

Pilbara Minerals (Pilbara Minerals) Headlines