Black Horse Mining (ASX:BHL) Days Payable: 0.00 (As of Dec. 2025)


ASX:BHL Black Horse Mining Ltd ASX:BHL
13 GF Score
Price A$0.19
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What is Black Horse Mining Days Payable?

Black Horse Mining ASX:BHL -5.00% 13 Days Payable is 0.00 as of Dec. 2025. GuruFocus rates ASX:BHL with a GF Score™ of 13/100. Among 1,064 Metals & Mining companies, Black Horse Mining ranks worse than 93984.87% on this metric.

Black Horse Mining's average Accounts Payable for the six months ended in Dec. 2025 was A$0.33 Mil. Black Horse Mining's Cost of Goods Sold for the six months ended in Dec. 2025 was A$0.00 Mil.

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

ASX:BHL's Days Payable is not ranked *
in the Metals & Mining industry.
Industry Median: 126.885
* Ranked among companies with meaningful Days Payable only.

Black Horse Mining's Days Payable stayed the same from . 20 (0.00) to Dec. 2025 (0.00).

Black Horse Mining Days Payable Historical Data

* Premium members only.

The historical data trend for Black Horse Mining'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.

Black Horse Mining Days Payable Chart

Black Horse Mining Annual Data
Trend
Days Payable

Black Horse Mining Semi-Annual Data
Dec25
Days Payable 0.00

ASX:BHL vs NEM, AU: Days Payable Comparison

For the Gold subindustry, Black Horse Mining'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.

Black Horse Mining Days Payable vs Metals & Mining Industry

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

* The bar in red indicates where Black Horse Mining's Days Payable falls into.


ASX:BHL
13GF Score
Black Horse Mining Ltd ASX:BHL
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Black Horse Mining 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.

Black Horse Mining's Days Payable for the fiscal year that ended in . 20 is calculated as

Days Payable (A: . 20 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: . 20 ) + Accounts Payable (A: . 20 )) / count ) / Cost of Goods Sold (A: . 20 )*Days in Period
=( ( + ) / 1 ) / *365
=0 / *365
=N/A

Black Horse Mining's Days Payable for the quarter that ended in Dec. 2025 is calculated as:

Days Payable (Q: Dec. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: . 20 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( ( + 0.332) / 1 ) / 0*365 / 2
=0.332 / 0*365 / 2
=N/A

* 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 0.00 mean?
Black Horse Mining (ASX:BHL) has a Days Payable of 0.00 as of Dec. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Black Horse Mining and its competitors. According to the industry distribution chart, Black Horse Mining ranks #999999 out of 1064 companies in the Metals & Mining industry.
Is Black Horse Mining's Days Payable too high?
Black Horse Mining's current Days Payable is 0.00. Based on the distribution chart, Black Horse Mining ranks #999999 out of 1064 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Black Horse Mining has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Black Horse Mining's Days Payable compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Black Horse Mining ranks #999999 out of 1064 companies for Days Payable. This places Black Horse Mining in the lower half of its industry. The industry median Days Payable is 126.89. 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 Metals & Mining company?
The median Days Payable among Metals & Mining companies is 126.89, based on 1,064 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. 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 Black Horse Mining and its competitors. For the Metals & Mining industry, the median Days Payable is 126.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Black Horse Mining's current Days Payable is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Black Horse Mining stock overvalued right now?
Black Horse Mining (ASX:BHL) has a current Days Payable of 0.00. The current Days Payable is 0.00. Black Horse Mining's overall GF Score™ is 13/100. 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 Black Horse Mining (ASX:BHL), the current Days Payable is 0.00 as of Dec. 2025. 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.

Black Horse Mining Business Description

Other Exchanges O3X:Germany
Address 8/110 Hay Street, Suite 8, Subiaco, WA, AUS, 6008
Black Horse Mining Ltd is a mineral exploration and development company focused on the acquisition, exploration, and development of gold projects, including the historic Mt Egerton gold mine in Central Victoria, Australia.
13GF Score

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