Armada Metals (ASX:AMM) Days Payable : 0.00 (As of Jun. 2023)

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What is Armada Metals Days Payable?

Armada Metals's average Accounts Payable for the six months ended in Jun. 2023 was A$0.44 Mil. Armada Metals'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 Armada Metals's Days Payable or its related term are showing as below:

ASX:AMM's Days Payable is not ranked ^*
in the Metals & Mining industry.
Industry Median: 136.67
* Ranked among companies with meaningful Days Payable only.

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

Armada Metals Days Payable Historical Data

The historical data trend for Armada 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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Armada Metals Days Payable Chart

Armada Metals Annual Data

Trend

Dec21

Dec22

Dec23

Days Payable

Armada Metals Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	-	-	-	-	-

Competitive Comparison of Armada Metals's Days Payable

For the Other Industrial Metals & Mining subindustry, Armada 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.

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

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

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

Armada 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.

Armada Metals'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
=	( (0.511	+	0.462)	/	2 )	/	0	*	365
=	0.4865					/	0	*	365
=	N/A

Armada Metals'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
=	( (0.511	+	0.362)	/	2 )	/	0	*	365 / 2
=	0.4365					/	0	*	365 / 2
=	N/A

Armada Metals Days Payable Related Terms

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Armada Metals (ASX:AMM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Armada Metals Ltd (ASX:AMM) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

151 Macquarie Street, Level 7, Sydney, NSW, AUS, 2000

Website

https://www.armadametals.com.au

Armada Metals Ltd is a mineral exploration and development company. It explores nickel, and copper deposits. The business is organized into one segment which is the exploration for metals in Gabon.