Tasmea (ASX:TEA) Days Payable : 36.07 (As of Dec. 2024)

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What is Tasmea Days Payable?

Tasmea's average Accounts Payable for the six months ended in Dec. 2024 was A$33.9 Mil. Tasmea's Cost of Goods Sold for the six months ended in Dec. 2024 was A$171.5 Mil. Hence, Tasmea's Days Payable for the six months ended in Dec. 2024 was 36.07.

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

ASX:TEA' s Days Payable Range Over the Past 10 Years
Min: 31.91 Med: 31.91 Max: 49.52
Current: 49.52

During the past 1 years, Tasmea's highest Days Payable was 49.52. The lowest was 31.91. And the median was 31.91.

ASX:TEA's Days Payable is ranked worse than
71.39% of 1671 companies
in the Construction industry
Industry Median: 76.84 vs ASX:TEA: 49.52

Tasmea's Days Payable declined from Dec. 2023 (83.27) to Dec. 2024 (36.07). It may suggest that Tasmea accelerated paying its suppliers.

Tasmea Days Payable Historical Data

The historical data trend for Tasmea'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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Tasmea Days Payable Chart

Tasmea Annual Data

Trend

Jun24

Days Payable

31.91

Tasmea Semi-Annual Data
	Dec23	Jun24	Dec24
Days Payable	83.27	53.69	36.07

Competitive Comparison of Tasmea's Days Payable

For the Engineering & Construction subindustry, Tasmea'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.

Tasmea's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, Tasmea's Days Payable distribution charts can be found below:

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

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Tasmea 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.

Tasmea's Days Payable for the fiscal year that ended in Jun. 2024 is calculated as

	Days Payable (A: Jun. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: . 20 )	+	Accounts Payable (A: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2024 )	*	Days in Period
=	( (	+	25.003)	/	1 )	/	285.995	*	365
=	25.003					/	285.995	*	365
=	31.91

Tasmea's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

	Days Payable (Q: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2024 )	+	Accounts Payable (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (25.003	+	42.81)	/	2 )	/	171.533	*	365 / 2
=	33.9065					/	171.533	*	365 / 2
=	36.07

Tasmea Days Payable Related Terms

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Tasmea Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Tasmea Ltd (ASX:TEA) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

75 Verde Drive, Jandakot, WA, AUS, 6164

Website

https://www.tasmea.com.au

Tasmea Ltd is a skilled services group consisting of seventeen wholly integrated subsidiaries. The company provides essential maintenance, engineering, specialized project services and solutions across the following four service streams to the mining & resources, oil & gas, waste & water, power & renewable energy, and defense & infrastructure industries. Its segment includes Electrical services, Mechanical services, Civil services and Water & fluid services. The company derives maximum revenue from Mechanical services.

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