Fortune Asia Group (ASX:FYA) Days Payable : 0.00 (As of Jun. 2018)

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What is Fortune Asia Group Days Payable?

Fortune Asia Group's average Accounts Payable for the six months ended in Jun. 2018 was A$0.50 Mil. Fortune Asia Group's Cost of Goods Sold for the six months ended in Jun. 2018 was A$0.00 Mil.

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

ASX:FYA's Days Payable is not ranked ^*
in the Metals & Mining industry.
Industry Median: 139.86
* Ranked among companies with meaningful Days Payable only.

Fortune Asia Group's Days Payable stayed the same from Jun. 2017 (0.00) to Jun. 2018 (0.00).

Fortune Asia Group Days Payable Historical Data

The historical data trend for Fortune Asia Group'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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Fortune Asia Group Days Payable Chart

Fortune Asia Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Days Payable

Fortune Asia Group Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18
Days Payable	Get a 7-Day Free Trial				-	-	-	-	-

Competitive Comparison of Fortune Asia Group's Days Payable

For the Other Industrial Metals & Mining subindustry, Fortune Asia Group'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.

Fortune Asia Group's Days Payable Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Fortune Asia Group's Days Payable falls into.

Fortune Asia Group 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.

Fortune Asia Group's Days Payable for the fiscal year that ended in Dec. 2018 is calculated as

	Days Payable (A: Dec. 2018 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2017 )	+	Accounts Payable (A: Dec. 2018 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2018 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0	*	365
=	0					/	0	*	365
=	N/A

Fortune Asia Group's Days Payable for the quarter that ended in Jun. 2018 is calculated as:

	Days Payable (Q: Jun. 2018 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2017 )	+	Accounts Payable (Q: Jun. 2018 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2018 )	*	Days in Period
=	( (0	+	0.503)	/	1 )	/	0	*	365 / 2
=	0.503					/	0	*	365 / 2
=	N/A

Fortune Asia Group Days Payable Related Terms

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Fortune Asia Group (ASX:FYA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Fortune Asia Group Ltd (ASX:FYA) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

377 Kent Street, Suite 525, Sydney, NSW, AUS, 2000

Website

http://www.ergau.com

Fortune Asia Group Ltd, formerly Emperor Range Group Ltd is engaged in mining and exploration at the tenements situated in Xinjiang Uygur Autonomous Region of the People's Republic of China.

Fortune Asia Group (ASX:FYA) Headlines

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