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Bushveld Minerals (Bushveld Minerals) Days Payable : 112.14 (As of Jun. 2023)


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What is Bushveld Minerals Days Payable?

Bushveld Minerals's average Accounts Payable for the six months ended in Jun. 2023 was $36.2 Mil. Bushveld Minerals's Cost of Goods Sold for the six months ended in Jun. 2023 was $58.9 Mil. Hence, Bushveld Minerals's Days Payable for the six months ended in Jun. 2023 was 112.14.

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

BSHVF' s Days Payable Range Over the Past 10 Years
Min: 34.84   Med: 89.26   Max: 112.36
Current: 110.86

During the past 12 years, Bushveld Minerals's highest Days Payable was 112.36. The lowest was 34.84. And the median was 89.26.

BSHVF's Days Payable is ranked worse than
53.69% of 1071 companies
in the Metals & Mining industry
Industry Median: 130.91 vs BSHVF: 110.86

Bushveld Minerals's Days Payable increased from Jun. 2022 (99.26) to Jun. 2023 (112.14). It may suggest that Bushveld Minerals delayed paying its suppliers.


Bushveld Minerals Days Payable Historical Data

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.

* Premium members only.

Bushveld Minerals Days Payable Chart

Bushveld Minerals Annual Data
Trend Feb13 Feb14 Feb15 Feb16 Feb17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 34.83 90.76 75.74 89.67 116.39

Bushveld Minerals Semi-Annual Data
Aug13 Feb14 Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 74.86 88.82 99.26 119.21 112.14

Competitive Comparison of Bushveld Minerals's Days Payable

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's Days Payable Distribution in the 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. 2022 is calculated as

Days Payable (A: Dec. 2022 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2021 ) + Accounts Payable (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (28.437 + 40.634) / 2 ) / 108.304*365
=34.5355 / 108.304*365
=116.39

Bushveld Minerals's Days Payable for the quarter that ended in Jun. 2023 is calculated as:

Days Payable (Q: Jun. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2022 ) + Accounts Payable (Q: Jun. 2023 )) / count ) / Cost of Goods Sold (Q: Jun. 2023 )*Days in Period
=( (40.634 + 31.805) / 2 ) / 58.945*365 / 2
=36.2195 / 58.945*365 / 2
=112.14

* 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 Related Terms

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Bushveld Minerals (Bushveld Minerals) Business Description

Traded in Other Exchanges
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).

Bushveld Minerals (Bushveld Minerals) Headlines