RioZim (XZIM:RIOZ.ZW) Days Payable : 242.54 (As of Dec. 2024)

View and export this data going back to . Start your Free Trial

What is RioZim Days Payable?

RioZim's average Accounts Payable for the six months ended in Dec. 2024 was ZWG489.5 Mil. RioZim's Cost of Goods Sold for the six months ended in Dec. 2024 was ZWG368.3 Mil. Hence, RioZim's Days Payable for the six months ended in Dec. 2024 was 242.54.

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

XZIM:RIOZ.ZW' s Days Payable Range Over the Past 10 Years
Min: 276.16 Med: 276.16 Max: 276.16
Current: 276.16

During the past 2 years, RioZim's highest Days Payable was 276.16. The lowest was 276.16. And the median was 276.16.

XZIM:RIOZ.ZW's Days Payable is ranked better than
60.08% of 1012 companies
in the Metals & Mining industry
Industry Median: 125.27 vs XZIM:RIOZ.ZW: 276.16

RioZim's Days Payable increased from Dec. 2023 (0.00) to Dec. 2024 (242.54). It may suggest that RioZim delayed paying its suppliers.

RioZim Days Payable Historical Data

The historical data trend for RioZim'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.

RioZim Days Payable Chart

RioZim Annual Data

Trend

Dec23

Dec24

Days Payable

276.16

RioZim Semi-Annual Data
	Jun23	Dec23	Jun24	Dec24
Days Payable	-	-	-	242.54

Competitive Comparison of RioZim's Days Payable

For the Gold subindustry, RioZim'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.

RioZim's Days Payable Distribution in the Metals & Mining Industry

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

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

Save Embed

;

Save Embed

;

RioZim 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.

RioZim's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

	Days Payable (A: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2023 )	+	Accounts Payable (A: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2024 )	*	Days in Period
=	( (0	+	489.486)	/	1 )	/	646.96	*	365
=	489.486					/	646.96	*	365
=	276.16

RioZim's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

	Days Payable (Q: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2024 )	+	Accounts Payable (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (0	+	489.486)	/	1 )	/	368.312	*	365 / 2
=	489.486					/	368.312	*	365 / 2
=	242.54

RioZim Days Payable Related Terms

Thank you for viewing the detailed overview of RioZim's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

RioZim Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » RioZim Ltd (XZIM:RIOZ.ZW) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.1 Kenilworth Road, Highlands, Harare, ZWE

Website

https://www.riozim.co.zw

RioZim Ltd together with its subsidiaries engages in mining and metallurgical operations. The company's operating segments include Gold and Base Metals. The gold segment develops and mines gold that is ultimately sold as gold bullion. It generates maximum revenue from the Gold. Geographically, it derives a majority of its revenue from Zimbabwe. All the group's operations are located in Zimbabwe and situated in two geographic locations, Masvingo Province and Mashonaland West Province. The company is engaged in the operation of the Renco Goldmine in the south-east of Zimbabwe, the Dalny Mine based in Chakari, the Cam and Motor gold and the Empress Nickel Refinery mine in Kadoma.

RioZim Headlines

No Headlines