BrazIron (ASX:BZL) Days Payable: 0.00 (As of Jun. 2014)


What is BrazIron Days Payable?

BrazIron ASX:BZL Days Payable is 0.00 as of Jun. 2014.

BrazIron's average Accounts Payable for the six months ended in Jun. 2014 was A$0.00 Mil. BrazIron's Cost of Goods Sold for the six months ended in Jun. 2014 was A$0.00 Mil.

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

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

BrazIron's Days Payable stayed the same from Jun. 2013 (0.00) to Jun. 2014 (0.00).

BrazIron Days Payable Historical Data

* Premium members only.

The historical data trend for BrazIron'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.

BrazIron Days Payable Chart

BrazIron Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Days Payable
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

BrazIron Semi-Annual Data
Dec08 Dec09 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

BrazIron Days Payable Competitor Comparison

For the Other Industrial Metals & Mining subindustry, BrazIron'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.

BrazIron Days Payable vs Metals & Mining Industry

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

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


BrazIron 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.

BrazIron's Days Payable for the fiscal year that ended in Dec. 2013 is calculated as

Days Payable (A: Dec. 2013 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2012 ) + Accounts Payable (A: Dec. 2013 )) / count ) / Cost of Goods Sold (A: Dec. 2013 )*Days in Period
=( (0 + 0) / 1 ) / 0*365
=0 / 0*365
=N/A

BrazIron's Days Payable for the quarter that ended in Jun. 2014 is calculated as:

Days Payable (Q: Jun. 2014 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2013 ) + Accounts Payable (Q: Jun. 2014 )) / count ) / Cost of Goods Sold (Q: Jun. 2014 )*Days in Period
=( (0 + 0) / 1 ) / 0*365 / 2
=0 / 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?
BrazIron (ASX:BZL) has a Days Payable of 0.00 as of Jun. 2014. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on BrazIron and its competitors.
Is BrazIron's Days Payable too high?
BrazIron's current Days Payable is 0.00.
How does BrazIron's Days Payable compare to competitors?
BrazIron's Days Payable of 0.00 can be compared against companies in the Metals & Mining 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 BrazIron 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. BrazIron'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 BrazIron stock overvalued right now?
BrazIron (ASX:BZL) has a current Days Payable of 0.00. The current Days Payable is 0.00. 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 BrazIron (ASX:BZL), the current Days Payable is 0.00 as of Jun. 2014. 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.

BrazIron Business Description

BrazIron Ltd., is engaged in the exploration of iron ore opportunities in Brazil. It focuses on exploration on the Xique Xique Tenements with the aim of delineating a Joint Ore Reserves Committee (JORC)-compliant resource on these tenements.