BSHVF (Bushveld Minerals) Days Payable: 208.17 (As of Jun. 2024)


What is Bushveld Minerals Days Payable?

Bushveld Minerals BSHVF -99.00% Days Payable is 208.17 as of Jun. 2024.

Bushveld Minerals's average Accounts Payable for the six months ended in Jun. 2024 was $36.9 Mil. Bushveld Minerals's Cost of Goods Sold for the six months ended in Jun. 2024 was $32.4 Mil. Hence, Bushveld Minerals's Days Payable for the six months ended in Jun. 2024 was 208.17.

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

BSHVF's Days Payable is not ranked *
in the Metals & Mining industry.
Industry Median: 127.26
* Ranked among companies with meaningful Days Payable only.

Bushveld Minerals's Days Payable increased from Jun. 2023 (192.58) to Jun. 2024 (208.17). It may suggest that Bushveld Minerals delayed paying its suppliers.

Bushveld Minerals Days Payable Historical Data

* Premium members only.

The historical data trend for Bushveld Minerals'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.

Bushveld Minerals Days Payable Chart

Bushveld Minerals Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 90.76 75.74 89.67 116.39 123.24

Bushveld Minerals Semi-Annual Data
Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 99.26 119.21 192.58 76.54 208.17

BSHVF vs NRHI, WOLV, MP: Days Payable Comparison

For the Other Industrial Metals & Mining subindustry, Bushveld Minerals'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.

Bushveld Minerals Days Payable vs Metals & Mining Industry

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

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


Bushveld Minerals 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.

Bushveld Minerals'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
=( (40.634 + 41.794) / 2 ) / 122.068*365
=41.214 / 122.068*365
=123.24

Bushveld Minerals's Days Payable for the quarter that ended in Jun. 2024 is calculated as:

Days Payable (Q: Jun. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2023 ) + Accounts Payable (Q: Jun. 2024 )) / count ) / Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=( (41.794 + 32.047) / 2 ) / 32.367*365 / 2
=36.9205 / 32.367*365 / 2
=208.17

* 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 208.17 mean?
Bushveld Minerals (BSHVF) has a Days Payable of 208.17 as of Jun. 2024. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Bushveld Minerals and its competitors.
Is Bushveld Minerals' Days Payable too high?
Bushveld Minerals' current Days Payable is 208.17. The Metals & Mining industry median Days Payable is 127.26. Bushveld Minerals' value of 208.17 is 63.6% above this industry median.
How does Bushveld Minerals' Days Payable compare to NRHI and WOLV?
Bushveld Minerals' Days Payable of 208.17 can be compared against companies in the Metals & Mining industry. The industry median Days Payable is 127.26. Bushveld Minerals' value of 208.17 is 63.6% 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. Bushveld Minerals's current Days Payable of 208.17 is 63.6% 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 Bushveld Minerals 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. Bushveld Minerals's current Days Payable is 208.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bushveld Minerals stock overvalued right now?
Bushveld Minerals (BSHVF) has a current Days Payable of 208.17. The current Days Payable is 208.17 and 63.6% 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 Bushveld Minerals (BSHVF), the current Days Payable is 208.17 as of Jun. 2024. 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.

Bushveld Minerals Business Description

Address 9 Harries Road, Illovo, 2nd Floor, Building 3, Illovo Edge Office Park, Johannesburg, GT, ZAF, 2116
Bushveld Minerals Ltd is a low-cost, vertically integrated primary vanadium producer. Bushveld offers a compelling exposure to vanadium because it operates across both the upstream and downstream value chains through Bushveld Vanadium and Bushveld Energy. The company participates in the entire vanadium value chain through its three main pillars: vanadium mining and production, which consists of the Vametco and Vanchem operations; energy and mineral exploration activities for vanadium and coal exploration (together "Exploration"). Activities take place in South Africa (iron ore, vanadium and energy), Madagascar (coal), other African countries (energy project development) and global (battery investment, vanadium sales).