Bowen Coking Coal (ASX:BCB) Days Payable: 921.59 (As of Dec. 2024)


What is Bowen Coking Coal Days Payable?

Bowen Coking Coal ASX:BCB Days Payable is 921.59 as of Dec. 2024.

Bowen Coking Coal's average Accounts Payable for the six months ended in Dec. 2024 was A$48.3 Mil. Bowen Coking Coal's Cost of Goods Sold for the six months ended in Dec. 2024 was A$9.6 Mil. Hence, Bowen Coking Coal's Days Payable for the six months ended in Dec. 2024 was 921.59.

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

ASX:BCB's Days Payable is not ranked *
in the Steel industry.
Industry Median: 41.4
* Ranked among companies with meaningful Days Payable only.

Bowen Coking Coal's Days Payable increased from Dec. 2023 (693.54) to Dec. 2024 (921.59). It may suggest that Bowen Coking Coal delayed paying its suppliers.

Bowen Coking Coal Days Payable Historical Data

* Premium members only.

The historical data trend for Bowen Coking Coal'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.

Bowen Coking Coal Days Payable Chart

Bowen Coking Coal Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 285.18 0.00 193.25

Bowen Coking Coal Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 132.94 693.54 1,055.57 921.59

ASX:BCB vs HCC, AMR, METC: Days Payable Comparison

For the Coking Coal subindustry, Bowen Coking Coal'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.

Bowen Coking Coal Days Payable vs Steel Industry

For the Steel industry and Basic Materials sector, Bowen Coking Coal's Days Payable distribution charts can be found below:

* The bar in red indicates where Bowen Coking Coal's Days Payable falls into.


Bowen Coking Coal 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.

Bowen Coking Coal's Days Payable for the fiscal year that ended in Jun. 2024 is calculated as

Days Payable (A: Jun. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jun. 2023 ) + Accounts Payable (A: Jun. 2024 )) / count ) / Cost of Goods Sold (A: Jun. 2024 )*Days in Period
=( (32.573 + 2.86) / 2 ) / 33.462*365
=17.7165 / 33.462*365
=193.25

Bowen Coking Coal'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
=( (2.86 + 93.662) / 2 ) / 9.557*365 / 2
=48.261 / 9.557*365 / 2
=921.59

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 921.59 mean?
Bowen Coking Coal (ASX:BCB) has a Days Payable of 921.59 as of Dec. 2024. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Bowen Coking Coal and its competitors.
Is Bowen Coking Coal's Days Payable too high?
Bowen Coking Coal's current Days Payable is 921.59. The Steel industry median Days Payable is 41.40. Bowen Coking Coal's value of 921.59 is 2126.1% above this industry median.
How does Bowen Coking Coal's Days Payable compare to HCC and AMR?
Bowen Coking Coal's Days Payable of 921.59 can be compared against companies in the Steel industry. The industry median Days Payable is 41.40. Bowen Coking Coal's value of 921.59 is 2126.1% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Steel company?
The median Days Payable among Steel companies is 41.40, based on 602 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Bowen Coking Coal's current Days Payable of 921.59 is 2126.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Bowen Coking Coal and its competitors. For the Steel industry, the median Days Payable is 41.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bowen Coking Coal's current Days Payable is 921.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bowen Coking Coal stock overvalued right now?
Bowen Coking Coal (ASX:BCB) has a current Days Payable of 921.59. The current Days Payable is 921.59 and 2126.1% above the Steel industry median of 41.40. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Bowen Coking Coal (ASX:BCB), the current Days Payable is 921.59 as of Dec. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Bowen Coking Coal Business Description

Address 167 Eagle Street, Level 4, Brisbane, QLD, AUS, 4000
Bowen Coking Coal Ltd is a coking coal exploration company. The firm holds the Broadmeadow East, Hillalong, Isaac River, Cooroorah, and Comet Ridge Coking Coal Projects, Bluff Mine, located in the Bowen Basin in Queensland, Australia. Also, BCB is a joint venture partner in the Lilyvale (15% interest) and Mackenzie (5% interest) Coking Coal Projects. The Group operates in one geographical location being Australia and its operations are organized into two business units being the exploration and development of coal and mining and sale of coal.