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Horizon Gold (ASX:HRN) Days Payable : 0.00 (As of Dec. 2023)


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What is Horizon Gold Days Payable?

Horizon Gold's average Accounts Payable for the six months ended in Dec. 2023 was A$0.19 Mil. Horizon Gold'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 Horizon Gold's Days Payable or its related term are showing as below:

ASX:HRN's Days Payable is not ranked *
in the Metals & Mining industry.
Industry Median: 136.2
* Ranked among companies with meaningful Days Payable only.

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


Horizon Gold Days Payable Historical Data

The historical data trend for Horizon Gold'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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Horizon Gold Days Payable Chart

Horizon Gold Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Days Payable
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Horizon Gold Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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Competitive Comparison of Horizon Gold's Days Payable

For the Gold subindustry, Horizon Gold'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.


Horizon Gold's Days Payable Distribution in the Metals & Mining Industry

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

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



Horizon Gold 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.

Horizon Gold'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
=( (0.645 + 0.069) / 2 ) / 0*365
=0.357 / 0*365
=N/A

Horizon Gold'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
=( (0.069 + 0.319) / 2 ) / 0*365 / 2
=0.194 / 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.


Horizon Gold Days Payable Related Terms

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Horizon Gold (ASX:HRN) Business Description

Traded in Other Exchanges
N/A
Address
47 Havelock Street, Suite 8, Level 3, West Perth, WA, AUS, 6005
Horizon Gold Ltd is a gold mining company. It is engaged in the acquisition, exploration, and development of gold reserves of the Gum Creek Gold Project in Western Australia. The project covers the Gum Creek Greenstone Belt located within the Southern Cross Province of the Youanmi Terrane In Yilgarn Craton in Western Australia.

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