Middle Island Resources (ASX:MDI) Days Payable : 0.00 (As of Dec. 2024)

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What is Middle Island Resources Days Payable?

Middle Island Resources's average Accounts Payable for the six months ended in Dec. 2024 was A$0.07 Mil. Middle Island Resources's Cost of Goods Sold for the six months ended in Dec. 2024 was A$0.00 Mil.

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

ASX:MDI's Days Payable is not ranked ^*
in the Metals & Mining industry.
Industry Median: 136.405
* Ranked among companies with meaningful Days Payable only.

Middle Island Resources's Days Payable stayed the same from Dec. 2023 (0.00) to Dec. 2024 (0.00).

Middle Island Resources Days Payable Historical Data

The historical data trend for Middle Island 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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Middle Island Resources Days Payable Chart

Middle Island Resources Annual Data

Trend

Jun15

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Jun23

Jun24

Days Payable

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Middle Island Resources Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Days Payable	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Middle Island Resources's Days Payable

For the Gold subindustry, Middle Island 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.

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

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

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

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Middle Island 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.

Middle Island Resources's Days Payable for the fiscal year that ended in Jun. 2024 is calculated as

	Days Payable (A: Jun. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2023 )	+	Accounts Payable (A: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2024 )	*	Days in Period
=	( (0.042	+	0.07)	/	2 )	/	0	*	365
=	0.056					/	0	*	365
=	N/A

Middle Island Resources's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

	Days Payable (Q: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2024 )	+	Accounts Payable (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (0.07	+	0.065)	/	2 )	/	0	*	365 / 2
=	0.0675					/	0	*	365 / 2
=	N/A

Middle Island Resources Days Payable Related Terms

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Middle Island Resources Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

M83:Germany

Address

2 Richardson Street, Suite 1, West Perth, Perth, WA, AUS, 6005

Website

https://www.middleisland.com.au

Middle Island Resources Ltd operates as a gold exploration and development company in Australia and West Africa. It holds an interest in the Reo project located in Burkina Faso, Sandstone Gold Project in Western Australia, and Barkly Copper-Gold Project. The Group has one operating segment being identification, acquisition and exploration of mineral assets.

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