Octava Minerals (ASX:OCT) Days Payable : 0.00 (As of Dec. 2023)

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What is Octava Minerals Days Payable?

Octava Minerals's average Accounts Payable for the six months ended in Dec. 2023 was A$0.06 Mil. Octava Minerals'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 Octava Minerals's Days Payable or its related term are showing as below:

ASX:OCT's Days Payable is not ranked ^*
in the Metals & Mining industry.
Industry Median: 136.525
* Ranked among companies with meaningful Days Payable only.

Octava Minerals's Days Payable stayed the same from Jun. 2022 (0.00) to Dec. 2023 (0.00).

Octava Minerals Days Payable Historical Data

The historical data trend for Octava Minerals'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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Octava Minerals Days Payable Chart

Octava Minerals Annual Data

Trend

Jun23

Days Payable

Octava Minerals Semi-Annual Data
	Dec21	Jun22	Jun23	Dec23
Days Payable	-	-	-	-

Competitive Comparison of Octava Minerals's Days Payable

For the Other Precious Metals & Mining subindustry, Octava Minerals'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.

Octava Minerals's Days Payable Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Octava Minerals's Days Payable falls into.

Octava Minerals 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.

Octava Minerals'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: . 20 )	+	Accounts Payable (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (	+	0.074)	/	1 )	/	0	*	365
=	0.074					/	0	*	365
=	N/A

Octava Minerals'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
=	( (0.074	+	0.048)	/	2 )	/	0	*	365 / 2
=	0.061					/	0	*	365 / 2
=	N/A

Octava Minerals Days Payable Related Terms

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Octava Minerals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Octava Minerals Ltd (ASX:OCT) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

234 Churchill Avenue, Suite 1, Subiaco, WA, AUS, 6008

Website

https://www.octavaminerals.com

Octava Minerals Ltd is an exploration and resource development company. It focuses on the exploration of lithium, gold, Platinum Group Metals, and nickel at its mining tenements in Western Australia. The project portfolio comprises three main Project areas: - East Pilbara Talga; East Kimberley: and the Yallalong project.

Octava Minerals Headlines

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