PYX Resources (XNEC:PYX) Days Payable : 18.89 (As of Dec. 2023)

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What is PYX Resources Days Payable?

PYX Resources's average Accounts Payable for the six months ended in Dec. 2023 was A$1.67 Mil. PYX Resources's Cost of Goods Sold for the six months ended in Dec. 2023 was A$16.18 Mil. Hence, PYX Resources's Days Payable for the six months ended in Dec. 2023 was 18.89.

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

XNEC:PYX' s Days Payable Range Over the Past 10 Years
Min: 4.37 Med: 31.93 Max: 193.92
Current: 22.87

During the past 13 years, PYX Resources's highest Days Payable was 193.92. The lowest was 4.37. And the median was 31.93.

XNEC:PYX's Days Payable is ranked worse than
89.86% of 1065 companies
in the Metals & Mining industry
Industry Median: 128.84 vs XNEC:PYX: 22.87

PYX Resources's Days Payable declined from Dec. 2022 (48.14) to Dec. 2023 (18.89). It may suggest that PYX Resources accelerated paying its suppliers.

PYX Resources Days Payable Historical Data

The historical data trend for PYX 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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PYX Resources Days Payable Chart

PYX Resources Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Dec21

Dec22

Dec23

Days Payable

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193.92

4.37

31.93

33.10

26.27

PYX Resources 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															54.71	69.98	48.14	23.86	18.89

Competitive Comparison of PYX Resources's Days Payable

For the Other Industrial Metals & Mining subindustry, PYX 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.

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

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

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

PYX 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.

PYX Resources'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
=	( (2.232	+	2.047)	/	2 )	/	29.723	*	365
=	2.1395					/	29.723	*	365
=	26.27

PYX Resources'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
=	( (1.301	+	2.047)	/	2 )	/	16.177	*	365 / 2
=	1.674					/	16.177	*	365 / 2
=	18.89

PYX Resources Days Payable Related Terms

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PYX Resources (XNEC:PYX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » PYX Resources Ltd (XNEC:PYX) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

PYX:UK

Address

56 Pitt Street, Level 5, Sydney, NSW, AUS, 2000

Website

https://www.pyxresources.com

PYX Resources Ltd is engaged in mineral sands exploration and development. The firm has one business segment being the production of mineral sands (including premium zircon, rutile and ilmenite), activities from which it incurs costs and it generates substantial revenue from the same.

PYX Resources (XNEC:PYX) Headlines

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