Western Mines Group (ASX:WMG) Days Payable : 0.00 (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Western Mines Group Days Payable?

Western Mines Group's average Accounts Payable for the six months ended in Dec. 2023 was A$1.02 Mil. Western Mines Group'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 Western Mines Group's Days Payable or its related term are showing as below:

ASX:WMG's Days Payable is not ranked ^*
in the Metals & Mining industry.
Industry Median: 129.57
* Ranked among companies with meaningful Days Payable only.

Western Mines Group's Days Payable stayed the same from Dec. 2022 (0.00) to Dec. 2023 (0.00).

Western Mines Group Days Payable Historical Data

The historical data trend for Western Mines Group'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.

Western Mines Group Days Payable Chart

Western Mines Group Annual Data

Trend

Jun21

Jun22

Jun23

Jun24

Days Payable

Western Mines Group Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Days Payable	Get a 7-Day Free Trial			-	-	-	-	-

Competitive Comparison of Western Mines Group's Days Payable

For the Gold subindustry, Western Mines Group'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.

Western Mines Group's Days Payable Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Western Mines Group's Days Payable falls into.

Western Mines Group 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.

Western Mines Group'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: Jun. 2022 )	+	Accounts Payable (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (0.796	+	0.754)	/	2 )	/	0	*	365
=	0.775					/	0	*	365
=	N/A

Western Mines Group'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
=	( (0.754	+	1.293)	/	2 )	/	0	*	365 / 2
=	1.0235					/	0	*	365 / 2
=	N/A

Western Mines Group Days Payable Related Terms

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

Western Mines Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Western Mines Group Ltd (ASX:WMG) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

33 Ord Street, Level 3, West Perth, WA, AUS, 6005

Website

https://www.westernmines.com.au

Western Mines Group Ltd is a mineral exploration company engaged in the exploration and discovery of high-value gold and nickel sulphide deposits across a portfolio prospective projects located on mineral belts of Western Australia. Some of its projects include Mulga Tank Ni-Cu-PGE Project, Melita Gold Project, Jasper Hill Gold Project, Youanmi Gold Project, Pavarotti Ni-Cu-PGE Project, Rock of Ages Gold Project, Broken Hill Bore Gold Project and Pinyalling Gold Project.