AKORA Resources (ASX:AKO) Days Payable : 0.00 (As of Jun. 2023)

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What is AKORA Resources Days Payable?

AKORA Resources's average Accounts Payable for the six months ended in Jun. 2023 was A$0.18 Mil. AKORA Resources's Cost of Goods Sold for the six months ended in Jun. 2023 was A$0.00 Mil.

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

ASX:AKO's Days Payable is not ranked ^*
in the Metals & Mining industry.
Industry Median: 136.2
* Ranked among companies with meaningful Days Payable only.

AKORA Resources's Days Payable stayed the same from Jun. 2022 (0.00) to Jun. 2023 (0.00).

AKORA Resources Days Payable Historical Data

The historical data trend for AKORA 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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AKORA Resources Days Payable Chart

AKORA Resources Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Payable

AKORA Resources Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial			-	-	-	-	-

Competitive Comparison of AKORA Resources's Days Payable

For the Other Industrial Metals & Mining subindustry, AKORA 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.

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

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

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

AKORA 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.

AKORA 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
=	( (0.086	+	0.045)	/	2 )	/	0	*	365
=	0.0655					/	0	*	365
=	N/A

AKORA 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
=	( (0.086	+	0.267)	/	2 )	/	0	*	365 / 2
=	0.1765					/	0	*	365 / 2
=	N/A

AKORA Resources Days Payable Related Terms

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AKORA Resources (ASX:AKO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » AKORA Resources Ltd (ASX:AKO) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

211 McIlwraith Street, Princes Hill, North Carlton, Melbourne, VIC, AUS, 3054

Website

https://www.akoravy.com

AKORA Resources Ltd is a mining company. The company is engaged in the exploration and development for ferrous metals. The company's projects involved the Bekisopa Project, the Tratramarina Project, and the Ambodilafa Project. It operates in two geographical segments namely Australia and Madagascar.

AKORA Resources (ASX:AKO) Headlines

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