Maronan Metals (ASX:MMA) Days Payable : 0.00 (As of Dec. 2023)

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What is Maronan Metals Days Payable?

Maronan Metals's average Accounts Payable for the six months ended in Dec. 2023 was A$0.45 Mil. Maronan Metals'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 Maronan Metals's Days Payable or its related term are showing as below:

ASX:MMA's Days Payable is not ranked ^*
in the Metals & Mining industry.
Industry Median: 136.005
* Ranked among companies with meaningful Days Payable only.

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

Maronan Metals Days Payable Historical Data

The historical data trend for Maronan Metals'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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Maronan Metals Days Payable Chart

Maronan Metals Annual Data

Trend

Jun22

Jun23

Days Payable

Maronan Metals Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	-	-	-	-	-

Competitive Comparison of Maronan Metals's Days Payable

For the Other Precious Metals & Mining subindustry, Maronan Metals'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.

Maronan Metals's Days Payable Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Maronan Metals's Days Payable falls into.

Maronan Metals 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.

Maronan Metals'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
=	( (0.104	+	0.697)	/	2 )	/	0	*	365
=	0.4005					/	0	*	365
=	N/A

Maronan Metals'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
=	( (0.697	+	0.198)	/	2 )	/	0	*	365 / 2
=	0.4475					/	0	*	365 / 2
=	N/A

Maronan Metals Days Payable Related Terms

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Maronan Metals (ASX:MMA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Maronan Metals Ltd (ASX:MMA) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

15 Griffith Street, Cloncurry, QLD, AUS, 4824

Website

http://www.maronanmetals.com.au

Maronan Metals Ltd is engaged in identifying and securing prospective mineral tenements and undertaking exploration for and development of mineral resources. It owns the Maronan lead-silver and copper-gold Project. The project is located in Queensland, Australia.

Maronan Metals (ASX:MMA) Headlines

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