Metarock Group (ASX:MYE) Days Payable : 88.36 (As of Dec. 2023)

View and export this data going back to 2010. Start your Free Trial

What is Metarock Group Days Payable?

Metarock Group's average Accounts Payable for the six months ended in Dec. 2023 was A$26.7 Mil. Metarock Group's Cost of Goods Sold for the six months ended in Dec. 2023 was A$55.1 Mil. Hence, Metarock Group's Days Payable for the six months ended in Dec. 2023 was 88.36.

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

ASX:MYE's Days Payable is not ranked ^*
in the Other Energy Sources industry.
Industry Median: 64.77
* Ranked among companies with meaningful Days Payable only.

Metarock Group's Days Payable declined from Dec. 2022 (133.11) to Dec. 2023 (88.36). It may suggest that Metarock Group accelerated paying its suppliers.

Metarock Group Days Payable Historical Data

The historical data trend for Metarock Group'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.

* Premium members only.

Metarock Group Days Payable Chart

Metarock Group Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Payable

Get a 7-Day Free Trial

Metarock Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial															141.96	-	133.11	-	88.36

Competitive Comparison of Metarock Group's Days Payable

For the Thermal Coal subindustry, Metarock Group'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.

Metarock Group's Days Payable Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Metarock Group's Days Payable distribution charts can be found below:

* The bar in red indicates where Metarock Group's Days Payable falls into.

Metarock Group 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.

Metarock Group'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
=	( (33.826	+	11.439)	/	2 )	/	0	*	365
=	22.6325					/	0	*	365
=	N/A

Metarock Group'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
=	( (11.439	+	41.88)	/	2 )	/	55.065	*	365 / 2
=	26.6595					/	55.065	*	365 / 2
=	88.36

Metarock Group Days Payable Related Terms

Thank you for viewing the detailed overview of Metarock Group's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Metarock Group (ASX:MYE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » Metarock Group Ltd (ASX:MYE) » Definitions » Days Payable

Traded in Other Exchanges

024:Germany

Address

45 River Street, P.O. Box 1671, Level 1, Riverside Plaza, Mackay, QLD, AUS, 4740

Website

https://www.mastermyne.com.au

Metarock Group Ltd provides contracting services to underground longwall mining operations and industrial products and services in the coalfields and supporting industries of Queensland and New South Wales. It provides a full range of services and equipment to the coal mining industry that includes: Roadway development; Conveyors; Longwall relocations and others. The company's segment includes Mastermyne and PYBAR. It generates maximum revenue from the Mastermyne segment.