Miramar Resources (ASX:M2R) Days Payable: 0.00 (As of Dec. 2025)


What is Miramar Resources Days Payable?

Miramar Resources ASX:M2R Days Payable is 0.00 as of Dec. 2025. Among 1,064 Metals & Mining companies, Miramar Resources ranks worse than 93984.87% on this metric.

Miramar Resources's average Accounts Payable for the six months ended in Dec. 2025 was A$0.55 Mil. Miramar Resources's Cost of Goods Sold for the six months ended in Dec. 2025 was A$0.00 Mil.

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

ASX:M2R's Days Payable is not ranked *
in the Metals & Mining industry.
Industry Median: 126.885
* Ranked among companies with meaningful Days Payable only.

Miramar Resources's Days Payable stayed the same from Dec. 2024 (0.00) to Dec. 2025 (0.00).

Miramar Resources Days Payable Historical Data

* Premium members only.

The historical data trend for Miramar 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.

Miramar Resources Days Payable Chart

Miramar Resources Annual Data
Trend Jun21 Jun22 Jun23 Jun24 Jun25
Days Payable
0.00 0.00 0.00 0.00 0.00

Miramar Resources Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Miramar Resources Days Payable Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Miramar 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.

Miramar Resources Days Payable vs Metals & Mining Industry

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

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


Miramar 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.

Miramar Resources's Days Payable for the fiscal year that ended in Jun. 2025 is calculated as

Days Payable (A: Jun. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jun. 2024 ) + Accounts Payable (A: Jun. 2025 )) / count ) / Cost of Goods Sold (A: Jun. 2025 )*Days in Period
=( (0.15 + 0.554) / 2 ) / 0*365
=0.352 / 0*365
=N/A

Miramar Resources's Days Payable for the quarter that ended in Dec. 2025 is calculated as:

Days Payable (Q: Dec. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2025 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (0.554 + 0.541) / 2 ) / 0*365 / 2
=0.5475 / 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?
Miramar Resources (ASX:M2R) has a Days Payable of 0.00 as of Dec. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Miramar Resources and its competitors. According to the industry distribution chart, Miramar Resources ranks #999999 out of 1064 companies in the Metals & Mining industry.
Is Miramar Resources' Days Payable too high?
Miramar Resources' current Days Payable is 0.00. Based on the distribution chart, Miramar Resources ranks #999999 out of 1064 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers.
How does Miramar Resources' Days Payable compare to competitors?
According to the Metals & Mining industry distribution chart, Miramar Resources ranks #999999 out of 1064 companies for Days Payable. This places Miramar Resources in the lower half of its 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 Miramar Resources 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. Miramar Resources'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 Miramar Resources stock overvalued right now?
Miramar Resources (ASX:M2R) 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 Miramar Resources (ASX:M2R), the current Days Payable is 0.00 as of Dec. 2025. 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.

Miramar Resources Business Description

Address 22 Hardy Street, Unit 1, South Perth, Perth, WA, AUS, 6151
Miramar Resources Ltd is a mineral exploration company. The company's projects are divided into two project areas, namely, the Eastern Goldfields and Gascoyne regions of Western Australia. Its project comprises of Gidji JV Project, Glandore Project, Randall's project, Whaleshark project, Bangemall Ni-Cu-PGE project, and Chain project.