A-Mark Precious Metals (STU:AND) Days Payable

: 0.16 (As of Dec. 2023)

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A-Mark Precious Metals's average Accounts Payable for the three months ended in Dec. 2023 was €3 Mil. A-Mark Precious Metals's Cost of Goods Sold for the three months ended in Dec. 2023 was €1,864 Mil. Hence, A-Mark Precious Metals's Days Payable for the three months ended in Dec. 2023 was 0.16.

The historical rank and industry rank for A-Mark Precious Metals's Days Payable or its related term are showing as below:

STU:AND' s Days Payable Range Over the Past 10 Years
Min: 0.01 Med: 0.06 Max: 0.47
Current: 0.28

During the past 13 years, A-Mark Precious Metals's highest Days Payable was 0.47. The lowest was 0.01. And the median was 0.06.

STU:AND's Days Payable is ranked worse than
97.71% of 524 companies
in the Capital Markets industry
Industry Median: 94.035 vs STU:AND: 0.28

A-Mark Precious Metals's Days Payable declined from Dec. 2022 (0.72) to Dec. 2023 (0.16). It may suggest that A-Mark Precious Metals accelerated paying its suppliers.

A-Mark Precious Metals Days Payable Historical Data

The historical data trend for A-Mark Precious Metals'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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A-Mark Precious Metals Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Payable

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0.05

0.12

0.10

0.09

0.47

A-Mark Precious Metals Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															0.72	0.21	0.41	0.44	0.16

Competitive Comparison

For the Capital Markets subindustry, A-Mark Precious Metals'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.

A-Mark Precious Metals Days Payable Distribution

For the Capital Markets industry and Financial Services sector, A-Mark Precious Metals's Days Payable distribution charts can be found below:

* The bar in red indicates where A-Mark Precious Metals's Days Payable falls into.

A-Mark Precious Metals 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.

A-Mark Precious Metals'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
=	( (2.432	+	18.933)	/	2 )	/	8299.517	*	365
=	10.6825					/	8299.517	*	365
=	0.47

A-Mark Precious Metals'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: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (2.873	+	3.494)	/	2 )	/	1864.053	*	365 / 4
=	3.1835					/	1864.053	*	365 / 4
=	0.16

A-Mark Precious Metals Days Payable Related Terms

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A-Mark Precious Metals (STU:AND) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » A-Mark Precious Metals Inc (STU:AND) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

AMRK:USA

Address

2121 Rosecrans Avenue, Suite 6300, El Segundo, CA, USA, 90245

Website

https://www.amark.com

A-Mark Precious Metals Inc is a precious metal trading company. It is principally engaged in the wholesale of gold, silver, platinum and palladium bullion and related products in the form of bars, wafers, coins, and grains. The company's operating segment includes Wholesale Trading and Ancillary Services; Secured Lending and Direct Sales. It generates maximum revenue from the Wholesale Trading and Ancillary Services segment. The Wholesale Trading and Ancillary Services segment comprises business units such as Industrial, Coin and Bar, Trading and Finance, Storage, Logistics, and Mint. Geographically, it derives a majority of its revenue from the United States.

A-Mark Precious Metals (STU:AND) Headlines

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