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Antofagasta (CHIX:ANTOL) Days Payable : 101.49 (As of Jun. 2024)


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What is Antofagasta Days Payable?

Antofagasta's average Accounts Payable for the six months ended in Jun. 2024 was £810 Mil. Antofagasta's Cost of Goods Sold for the six months ended in Jun. 2024 was £1,456 Mil. Hence, Antofagasta's Days Payable for the six months ended in Jun. 2024 was 101.49.

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

CHIX:ANTOl' s Days Payable Range Over the Past 10 Years
Min: 46.34   Med: 63.35   Max: 96.05
Current: 96.05

During the past 13 years, Antofagasta's highest Days Payable was 96.05. The lowest was 46.34. And the median was 63.35.

CHIX:ANTOl's Days Payable is ranked worse than
55.91% of 1041 companies
in the Metals & Mining industry
Industry Median: 129.57 vs CHIX:ANTOl: 96.05

Antofagasta's Days Payable increased from Jun. 2023 (95.32) to Jun. 2024 (101.49). It may suggest that Antofagasta delayed paying its suppliers.


Antofagasta Days Payable Historical Data

The historical data trend for Antofagasta'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.

Antofagasta Days Payable Chart

Antofagasta Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 61.19 67.91 64.94 68.17 78.10

Antofagasta Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 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 83.98 74.12 95.32 80.90 101.49

Competitive Comparison of Antofagasta's Days Payable

For the Copper subindustry, Antofagasta'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.


Antofagasta's Days Payable Distribution in the Metals & Mining Industry

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

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



Antofagasta 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.

Antofagasta'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
=( (616.981 + 622.599) / 2 ) / 2896.456*365
=619.79 / 2896.456*365
=78.10

Antofagasta'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
=( (622.599 + 996.884) / 2 ) / 1456.065*365 / 2
=809.7415 / 1456.065*365 / 2
=101.49

* 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.


Antofagasta Days Payable Related Terms

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Antofagasta Business Description

Traded in Other Exchanges
Address
103 Mount Street, London, GBR, W1K 2TJ
Antofagasta PLC is a Chilean copper mining company. The company operates four copper mines in Chile, two of which produce significant volumes of by-products. The company also has a portfolio of growth opportunities located mainly in Chile. In addition to mining, the company has a transport division providing rail and road cargo services in northern Chile to mining customers. All of the company's operations are located in the Antofagasta Region of northern Chile except for its flagship operation, Los Pelambres, which is in the Coquimbo Region of central Chile. The operating business segments are Los Pelambres, Centinela, Antucoya, Zaldivar, Exploration and evaluation, Corporate and other items, and Transport division. The Los Pelambres segment drives maximum revenue.

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