CSMRF (Classic Minerals) Days Payable: 0.00 (As of Dec. 2024)


What is Classic Minerals Days Payable?

Classic Minerals CSMRF Days Payable is 0.00 as of Dec. 2024.

Classic Minerals's average Accounts Payable for the six months ended in Dec. 2024 was $7.48 Mil. Classic Minerals's Cost of Goods Sold for the six months ended in Dec. 2024 was $0.00 Mil.

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

CSMRF's Days Payable is not ranked *
in the Metals & Mining industry.
Industry Median: 127.62
* Ranked among companies with meaningful Days Payable only.

Classic Minerals's Days Payable stayed the same from Dec. 2023 (0.00) to Dec. 2024 (0.00).

Classic Minerals Days Payable Historical Data

* Premium members only.

The historical data trend for Classic 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.

Classic Minerals Days Payable Chart

Classic Minerals Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Classic Minerals Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 0.00 0.00 0.00 0.00 0.00

Classic Minerals Days Payable Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Classic 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.

Classic Minerals Days Payable vs Metals & Mining Industry

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

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


Classic 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.

Classic Minerals'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: Jun. 2023 ) + Accounts Payable (A: Jun. 2024 )) / count ) / Cost of Goods Sold (A: Jun. 2024 )*Days in Period
=( (3.672 + 5.491) / 2 ) / 0*365
=4.5815 / 0*365
=N/A

Classic Minerals'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
=( (5.491 + 9.46) / 2 ) / 0*365 / 2
=7.4755 / 0*365 / 2
=N/A

* 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 0.00 mean?
Classic Minerals (CSMRF) has a Days Payable of 0.00 as of Dec. 2024. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Classic Minerals and its competitors.
Is Classic Minerals' Days Payable too high?
Classic Minerals' current Days Payable is 0.00.
How does Classic Minerals' Days Payable compare to competitors?
Classic Minerals' Days Payable of 0.00 can be compared against companies in the Metals & Mining industry. The industry median Days Payable is 127.62. 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 127.62, based on 1,064 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. 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 Classic Minerals and its competitors. For the Metals & Mining industry, the median Days Payable is 127.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Classic Minerals's current Days Payable is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Classic Minerals stock overvalued right now?
Classic Minerals (CSMRF) has a current Days Payable of 0.00. The current Days Payable is 0.00. 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 Classic Minerals (CSMRF), the current Days Payable is 0.00 as of Dec. 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.

Classic Minerals Business Description

Address 71 Furniss Road, Landsdale, Perth, WA, AUS, 6065
Classic Minerals Ltd is an Australian is an exploration and development company. The principal business activity of the company includes the exploration of mineral resource-based projects, focusing on nickel and gold metals. The company owns an interest in Forrestania Gold Project, Van Uden West prospect, Tangerine Trees Prospect, Fraser Range Project, and Flagship Kat Gap Project.