SQX Resources (ASX:SQX) Days Payable : 0.00 (As of Dec. 2023)

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What is SQX Resources Days Payable?

SQX Resources's average Accounts Payable for the six months ended in Dec. 2023 was A$0.04 Mil. SQX Resources'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 SQX Resources's Days Payable or its related term are showing as below:

ASX:SQX's Days Payable is not ranked ^*
in the Metals & Mining industry.
Industry Median: 136.67
* Ranked among companies with meaningful Days Payable only.

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

SQX Resources Days Payable Historical Data

The historical data trend for SQX 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.

* Premium members only.

SQX Resources Days Payable Chart

SQX Resources Annual Data

Trend

Days Payable

SQX Resources Semi-Annual Data
	Dec22	Jun23	Dec23
Days Payable	-	-	-

Competitive Comparison of SQX Resources's Days Payable

For the Other Industrial Metals & Mining subindustry, SQX 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.

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

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

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

SQX 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.

SQX Resources's Days Payable for the fiscal year that ended in . 20 is calculated as

	Days Payable (A: . 20 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: . 20 )	+	Accounts Payable (A: . 20 ))	/	count )	/	Cost of Goods Sold (A: . 20 )	*	Days in Period
=	( (	+	)	/	1 )	/		*	365
=	0					/		*	365
=	N/A

SQX Resources'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
=	( (0.052	+	0.029)	/	2 )	/	0	*	365 / 2
=	0.0405					/	0	*	365 / 2
=	N/A

SQX Resources Days Payable Related Terms

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SQX Resources (ASX:SQX) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

371 Queen Street, Level 1, Brisbane, QLD, AUS, 4000

Website

https://www.sqxresources.com

SQX Resources Ltd is an early-stage exploration company. It engages in acquiring, exploring, evaluating, and exploiting mineral resource projects. Its mineral prospects comprise Scrub Paddock Prospect and the Ollenburgs Prospect.

SQX Resources (ASX:SQX) Headlines

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