Aldoro Resources (ASX:ARN) Days Payable : 0.00 (As of Dec. 2023)

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What is Aldoro Resources Days Payable?

Aldoro Resources's average Accounts Payable for the six months ended in Dec. 2023 was A$0.33 Mil. Aldoro Resources's Cost of Goods Sold for the six months ended in Dec. 2023 was A$0.00 Mil.

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

ASX:ARN's Days Payable is not ranked ^*
in the Metals & Mining industry.
Industry Median: 137.515
* Ranked among companies with meaningful Days Payable only.

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

Aldoro Resources Days Payable Historical Data

The historical data trend for Aldoro 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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Aldoro Resources Days Payable Chart

Aldoro Resources Annual Data

Trend

Jun19

Jun20

Jun21

Jun22

Jun23

Days Payable

Aldoro Resources Semi-Annual Data
	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial						-	-	-	-	-

Competitive Comparison of Aldoro Resources's Days Payable

For the Other Industrial Metals & Mining subindustry, Aldoro 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.

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

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

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

Aldoro 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.

Aldoro 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
=	( (0.449	+	0.473)	/	2 )	/	0	*	365
=	0.461					/	0	*	365
=	N/A

Aldoro 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
=	( (0.473	+	0.178)	/	2 )	/	0	*	365 / 2
=	0.3255					/	0	*	365 / 2
=	N/A

Aldoro Resources Days Payable Related Terms

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Aldoro Resources (ASX:ARN) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

23 Railway Road, Suite 11, 12 Level 2, Subiaco, Perth, WA, AUS, 6008

Website

https://www.aldororesources.com

Aldoro Resources Ltd is an exploration company established to explore and develop gold and nickel mineral properties. Its projects include the Narndee Igneous Complex, the Kameelburg Ree Project, the Niobe Project, the Wyemandoo critical mineral project, and other mineral projects. The Group operates only in one reportable segment being predominately in the area of gold and nickel mineral exploration in Australia.

Aldoro Resources (ASX:ARN) Headlines

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