Indo Mines (ASX:IDO) Days Payable: 0.00 (As of Dec. 2017)

What is Indo Mines Days Payable?

Indo Mines ASX:IDO Days Payable is 0.00 as of Dec. 2017. The stock has 3 warning signs investors should review.

Indo Mines's average Accounts Payable for the six months ended in Dec. 2017 was A$1.18 Mil. Indo Mines's Cost of Goods Sold for the six months ended in Dec. 2017 was A$0.00 Mil.

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

During the past 13 years, Indo Mines's highest Days Payable was 96.15. The lowest was 0.00. And the median was 96.15.

ASX:IDO's Days Payable is not ranked ^*
in the Metals & Mining industry.
Industry Median: 127.26
* Ranked among companies with meaningful Days Payable only.

Indo Mines's Days Payable stayed the same from Dec. 2016 (0.00) to Dec. 2017 (0.00).

Indo Mines Days Payable Related Terms

Indo Mines Days Payable Historical Data

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The historical data trend for Indo Mines'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.

Indo Mines Days Payable Chart

Indo Mines Annual Data

Trend

Jun08

Jun09

Jun10

Jun11

Jun12

Jun13

Jun14

Jun15

Jun16

Jun17

Days Payable

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1,029.82

3,908.90

54,506.67

11,075.00

0.00

Indo Mines Semi-Annual Data
	Dec08	Jun09	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18
Days Payable	Get a 7-Day Free Trial															0.00	0.00	0.00	0.00	0.00

ASX:IDO vs ORRP: Days Payable Comparison

For the Other Industrial Metals & Mining subindustry, Indo Mines'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.

Indo Mines Days Payable vs Metals & Mining Industry

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

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

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Indo Mines 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.

Indo Mines's Days Payable for the fiscal year that ended in Jun. 2017 is calculated as

	Days Payable (A: Jun. 2017 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2016 )	+	Accounts Payable (A: Jun. 2017 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2017 )	*	Days in Period
=	( (3.889	+	0.29)	/	2 )	/	0	*	365
=	2.0895					/	0	*	365
=	N/A

Indo Mines's Days Payable for the quarter that ended in Dec. 2017 is calculated as:

	Days Payable (Q: Dec. 2017 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2017 )	+	Accounts Payable (Q: Dec. 2017 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2017 )	*	Days in Period
=	( (0.29	+	2.063)	/	2 )	/	0	*	365 / 2
=	1.1765					/	0	*	365 / 2
=	N/A

Frequently Asked Questions Learn more about Days Payable →

What does a Days Payable of 0.00 mean?

Indo Mines (ASX:IDO) has a Days Payable of 0.00 as of Dec. 2017. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Indo Mines and its competitors.

Is Indo Mines' Days Payable too high?

Indo Mines' current Days Payable is 0.00.

How does Indo Mines' Days Payable compare to ORRP?

Indo Mines' Days Payable of 0.00 can be compared against companies in the Metals & Mining industry. The industry median Days Payable is 127.26. 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 127.26, based on 1,065 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 Indo Mines and its competitors. For the Metals & Mining industry, the median Days Payable is 127.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Indo Mines'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 Indo Mines stock overvalued right now?

Indo Mines (ASX:IDO) 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 Indo Mines (ASX:IDO), the current Days Payable is 0.00 as of Dec. 2017. 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.

Indo Mines Business Description

Industry Basic Materials Metals & Mining

Comparable Companies TSXV:RCG TSXV:CYL TSXV:SMY ASX:CXU ASX:FEL TSXV:TIM ASX:CRL TSXV:ABRA ORRP TSXV:RRI ASX:CAZ TSXV:GLDN XCNQ:IBAT ASX:KMT XPAR:MLBAT TSXV:CGM LSE:BMV TSXV:DLV.H ASX:PMY ASX:MEU

Website http://www.indomines.com.au

Indo Mines Ltd is a mineral exploration and development company with iron sands projects in Indonesia.