Panoramic Resources (STU:YM1) Days Payable : 27.08 (As of Jun. 2023)

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What is Panoramic Resources Days Payable?

Panoramic Resources's average Accounts Payable for the six months ended in Jun. 2023 was €7.5 Mil. Panoramic Resources's Cost of Goods Sold for the six months ended in Jun. 2023 was €50.3 Mil. Hence, Panoramic Resources's Days Payable for the six months ended in Jun. 2023 was 27.08.

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

STU:YM1' s Days Payable Range Over the Past 10 Years
Min: 7.69 Med: 31.13 Max: 179.48
Current: 20.14

During the past 13 years, Panoramic Resources's highest Days Payable was 179.48. The lowest was 7.69. And the median was 31.13.

STU:YM1's Days Payable is ranked worse than
92.04% of 1068 companies
in the Metals & Mining industry
Industry Median: 129.525 vs STU:YM1: 20.14

Panoramic Resources's Days Payable declined from Jun. 2022 (33.95) to Jun. 2023 (27.08). It may suggest that Panoramic Resources accelerated paying its suppliers.

Panoramic Resources Days Payable Historical Data

The historical data trend for Panoramic Resources'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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Panoramic Resources Days Payable Chart

Panoramic Resources Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Payable

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180.48

30.81

13.93

8.00

Panoramic Resources Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Days Payable	Get a 7-Day Free Trial															-	94.57	33.95	26.47	27.08

Competitive Comparison of Panoramic Resources's Days Payable

For the Other Industrial Metals & Mining subindustry, Panoramic Resources'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.

Panoramic Resources's Days Payable Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Panoramic Resources's Days Payable falls into.

Panoramic Resources 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.

Panoramic Resources'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
=	( (2.505	+	1.967)	/	2 )	/	102.047	*	365
=	2.236					/	102.047	*	365
=	8.00

Panoramic Resources's Days Payable for the quarter that ended in Jun. 2023 is calculated as:

	Days Payable (Q: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2022 )	+	Accounts Payable (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (12.947	+	1.967)	/	2 )	/	50.253	*	365 / 2
=	7.457					/	50.253	*	365 / 2
=	27.08

Panoramic Resources Days Payable Related Terms

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Panoramic Resources (STU:YM1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Panoramic Resources Ltd (STU:YM1) » Definitions » Days Payable

Comparable Companies

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PANRF:USA

Address

553 Hay Street, Level 9, Perth, WA, AUS, 6000

Website

https://www.panoramicresources.com

Panoramic Resources Ltd is engaged in the exploration, evaluation, and development of mineral deposits. The company is organised into one operating segment, which is mineral production, exploration and development at the Savannah Nickel Project It operates in one geographical area which is Australia.

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