Larvotto Resources (ASX:LRV) Days Payable : 0.00 (As of Jun. 2024)

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What is Larvotto Resources Days Payable?

Larvotto Resources's average Accounts Payable for the six months ended in Jun. 2024 was A$0.78 Mil. Larvotto Resources's Cost of Goods Sold for the six months ended in Jun. 2024 was A$0.00 Mil.

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

ASX:LRV's Days Payable is not ranked ^*
in the Metals & Mining industry.
Industry Median: 135.14
* Ranked among companies with meaningful Days Payable only.

Larvotto Resources's Days Payable stayed the same from Jun. 2023 (0.00) to Jun. 2024 (0.00).

Larvotto Resources Days Payable Historical Data

The historical data trend for Larvotto Resources'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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Larvotto Resources Days Payable Chart

Larvotto Resources Annual Data

Trend

Dec22

Dec23

Days Payable

Larvotto Resources Semi-Annual Data
	Jun21	Jun22	Dec22	Jun23	Dec23	Jun24
Days Payable	Get a 7-Day Free Trial			-	-	-	-	-

Competitive Comparison of Larvotto Resources's Days Payable

For the Other Precious Metals & Mining subindustry, Larvotto Resources'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.

Larvotto Resources's Days Payable Distribution in the Metals & Mining Industry

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

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

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Larvotto Resources 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.

Larvotto Resources's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (0.091	+	0.249)	/	2 )	/	0	*	365
=	0.17					/	0	*	365
=	N/A

Larvotto Resources's Days Payable for the quarter that ended in Jun. 2024 is calculated as:

	Days Payable (Q: Jun. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
=	( (0.249	+	1.315)	/	2 )	/	0	*	365 / 2
=	0.782					/	0	*	365 / 2
=	N/A

Larvotto Resources Days Payable Related Terms

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Larvotto Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Larvotto Resources Ltd (ASX:LRV) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

K6X:Germany

Address

88 Broadway, Suite 1, Nedlands, WA, AUS, 6009

Website

https://www.larvottoresources.com

Larvotto Resources Ltd is engaged in the exploration and evaluation of mineral resources projects in New South Wales, Western Australia, Queensland, and New Zealand. Its projects portfolio includes Hillgrove Gold Antimony project, Mt Isa Copper project, Ohakuri project, and Eyre project.

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