Tanami Gold NL (ASX:TAM) Days Payable: 424.95 (As of Dec. 2025)


What is Tanami Gold NL Days Payable?

Tanami Gold NL ASX:TAM Days Payable is 424.95 as of Dec. 2025. The stock has 1 warning sign investors should review. Among 1,065 Metals & Mining companies, Tanami Gold NL ranks better than 66.67% on this metric.

Tanami Gold NL's average Accounts Payable for the six months ended in Dec. 2025 was A$0.64 Mil. Tanami Gold NL's Cost of Goods Sold for the six months ended in Dec. 2025 was A$0.27 Mil. Hence, Tanami Gold NL's Days Payable for the six months ended in Dec. 2025 was 424.95.

The historical rank and industry rank for Tanami Gold NL's Days Payable or its related term are showing as below:

ASX:TAM' s Days Payable Range Over the Past 10 Years
Min: 0   Med: 0   Max: 957.79
Current: 957.79

During the past 13 years, Tanami Gold NL's highest Days Payable was 957.79. The lowest was 0.00. And the median was 0.00.

ASX:TAM's Days Payable is ranked better than
66.67% of 1065 companies
in the Metals & Mining industry
Industry Median: 127.26 vs ASX:TAM: 957.79

Tanami Gold NL's Days Payable declined from Dec. 2024 (623.78) to Dec. 2025 (424.95). It may suggest that Tanami Gold NL accelerated paying its suppliers.


Tanami Gold NL Days Payable Historical Data

* Premium members only.

The historical data trend for Tanami Gold NL'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.

Tanami Gold NL Days Payable Chart

Tanami Gold NL Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Tanami Gold NL Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 135.88 0.00 623.78 0.00 424.95

ASX:TAM vs NEM, AU: Days Payable Comparison

For the Gold subindustry, Tanami Gold NL'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.


Tanami Gold NL Days Payable vs Metals & Mining Industry

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

* The bar in red indicates where Tanami Gold NL's Days Payable falls into.



Tanami Gold NL 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.

Tanami Gold NL's Days Payable for the fiscal year that ended in Jun. 2025 is calculated as

Days Payable (A: Jun. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jun. 2024 ) + Accounts Payable (A: Jun. 2025 )) / count ) / Cost of Goods Sold (A: Jun. 2025 )*Days in Period
=( (0.869 + 0.521) / 2 ) / 0*365
=0.695 / 0*365
=N/A

Tanami Gold NL's Days Payable for the quarter that ended in Dec. 2025 is calculated as:

Days Payable (Q: Dec. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2025 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (0.521 + 0.755) / 2 ) / 0.274*365 / 2
=0.638 / 0.274*365 / 2
=424.95

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 424.95 mean?
Tanami Gold NL (ASX:TAM) has a Days Payable of 424.95 as of Dec. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Tanami Gold NL and its competitors. According to the industry distribution chart, Tanami Gold NL ranks #355 out of 1065 companies in the Metals & Mining industry, placing it in the top 33.3%.
Is Tanami Gold NL's Days Payable too high?
Tanami Gold NL's current Days Payable is 424.95. The Metals & Mining industry median Days Payable is 127.26. Tanami Gold NL's value of 424.95 is 233.9% above this industry median. Based on the distribution chart, Tanami Gold NL ranks #355 out of 1065 companies in the Metals & Mining industry, which is above the industry midpoint.
How does Tanami Gold NL's Days Payable compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Tanami Gold NL ranks #355 out of 1065 companies for Days Payable. This puts Tanami Gold NL in the upper half of its industry. The industry median Days Payable is 127.26. Tanami Gold NL's value of 424.95 is 233.9% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Metals & Mining company?
The median Days Payable among Metals & Mining companies is 127.26, based on 1,065 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Tanami Gold NL's current Days Payable of 424.95 is 233.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Tanami Gold NL and its competitors. For the Metals & Mining industry, the median Days Payable is 127.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tanami Gold NL's current Days Payable is 424.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tanami Gold NL stock overvalued right now?
Tanami Gold NL (ASX:TAM) has a current Days Payable of 424.95. The current Days Payable is 424.95 and 233.9% above the Metals & Mining industry median of 127.26. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Tanami Gold NL (ASX:TAM), the current Days Payable is 424.95 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Tanami Gold NL Business Description

Address 39 Mends Street, Unit 202, Level 2, Echelon, South Perth, Perth, WA, AUS, 6151
Tanami Gold NL is a mineral exploration company that is engaged in gold mining operations. Its principal activity is to develop the Central Tanami Project Joint Venture (CTPJV) in the Northern Territory with Northern Star Resources Limited (Northern Star).