Sierra Rutile Holdings (ASX:SRX) Days Payable : 173.84 (As of Dec. 2023)

View and export this data going back to 2022. Start your Free Trial

What is Sierra Rutile Holdings Days Payable?

Sierra Rutile Holdings's average Accounts Payable for the six months ended in Dec. 2023 was A$38.9 Mil. Sierra Rutile Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was A$40.8 Mil. Hence, Sierra Rutile Holdings's Days Payable for the six months ended in Dec. 2023 was 173.84.

The historical rank and industry rank for Sierra Rutile Holdings's Days Payable or its related term are showing as below:

ASX:SRX' s Days Payable Range Over the Past 10 Years
Min: 41.83 Med: 44.65 Max: 68.9
Current: 68.9

During the past 3 years, Sierra Rutile Holdings's highest Days Payable was 68.90. The lowest was 41.83. And the median was 44.65.

ASX:SRX's Days Payable is ranked worse than
64.33% of 1068 companies
in the Metals & Mining industry
Industry Median: 129.525 vs ASX:SRX: 68.90

Sierra Rutile Holdings's Days Payable increased from Dec. 2022 (0.00) to Dec. 2023 (173.84). It may suggest that Sierra Rutile Holdings delayed paying its suppliers.

Sierra Rutile Holdings Days Payable Historical Data

The historical data trend for Sierra Rutile Holdings'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.

Sierra Rutile Holdings Days Payable Chart

Sierra Rutile Holdings Annual Data

Trend

Dec21

Dec22

Dec23

Days Payable

41.83

47.47

Sierra Rutile Holdings Semi-Annual Data
	Dec22	Jun23	Dec23
Days Payable	-	50.12	173.84

Competitive Comparison of Sierra Rutile Holdings's Days Payable

For the Other Industrial Metals & Mining subindustry, Sierra Rutile Holdings'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.

Sierra Rutile Holdings's Days Payable Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Sierra Rutile Holdings's Days Payable falls into.

Sierra Rutile Holdings 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.

Sierra Rutile Holdings's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (19.349	+	25.325)	/	2 )	/	171.748	*	365
=	22.337					/	171.748	*	365
=	47.47

Sierra Rutile Holdings'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
=	( (52.39	+	25.325)	/	2 )	/	40.794	*	365 / 2
=	38.8575					/	40.794	*	365 / 2
=	173.84

Sierra Rutile Holdings Days Payable Related Terms

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

Sierra Rutile Holdings (ASX:SRX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Sierra Rutile Holdings Ltd (ASX:SRX) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

SRRHF:USA

Address

225 Saint Georges Terrace, Level 8, Perth, WA, AUS, 6000

Website

https://www.sierra-rutile.com

Sierra Rutile Holdings Ltd is a multi-mine operation straddling the Bonthe and Moyamba districts in southern Sierra Leone. It offers Titanium Dioxide Feedstocks, Standard Grade Rutile (SGR). Industrial Grade Rutile (IGR), High-grade ilmenite, and Zircon-in-concentrate (ZIC). Sierra Rutile's primary products serve end-use applications namely Pigment; Metal; and Welding end-use applications.

Sierra Rutile Holdings (ASX:SRX) Headlines

No Headlines