Kenmare Resources (DUB:KMR) Days Payable : 13.07 (As of Jun. 2024)

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What is Kenmare Resources Days Payable?

Kenmare Resources's average Accounts Payable for the six months ended in Jun. 2024 was €8.9 Mil. Kenmare Resources's Cost of Goods Sold for the six months ended in Jun. 2024 was €124.1 Mil. Hence, Kenmare Resources's Days Payable for the six months ended in Jun. 2024 was 13.07.

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

DUB:KMR' s Days Payable Range Over the Past 10 Years
Min: 8.73 Med: 20.4 Max: 41.57
Current: 12.34

During the past 13 years, Kenmare Resources's highest Days Payable was 41.57. The lowest was 8.73. And the median was 20.40.

DUB:KMR's Days Payable is ranked worse than
95.87% of 1041 companies
in the Metals & Mining industry
Industry Median: 129.57 vs DUB:KMR: 12.34

Kenmare Resources's Days Payable increased from Jun. 2023 (9.14) to Jun. 2024 (13.07). It may suggest that Kenmare Resources delayed paying its suppliers.

Kenmare Resources Days Payable Historical Data

The historical data trend for Kenmare Resources'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.

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Kenmare Resources Days Payable Chart

Kenmare Resources Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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26.21

42.70

18.44

9.07

8.68

Kenmare Resources 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															9.93	7.43	9.14	9.83	13.07

Competitive Comparison of Kenmare Resources's Days Payable

For the Other Industrial Metals & Mining subindustry, Kenmare Resources'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.

Kenmare Resources's Days Payable Distribution in the Metals & Mining Industry

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

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

Kenmare Resources 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.

Kenmare Resources'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
=	( (6.896	+	5.97)	/	2 )	/	270.448	*	365
=	6.433					/	270.448	*	365
=	8.68

Kenmare Resources'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
=	( (5.97	+	11.806)	/	2 )	/	124.112	*	365 / 2
=	8.888					/	124.112	*	365 / 2
=	13.07

Kenmare Resources Days Payable Related Terms

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Kenmare Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Kenmare Resources PLC (DUB:KMR) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

KMRPF:USA KMRl:UK KMR:UK JEVA:Germany

Address

Hatch Street Upper, 4th Floor, Styne House, Dublin 2, IRL, D02 DY27

Website

https://www.kenmareresources.com

Kenmare Resources PLC is a mining company. The company operates the Moma Titanium Minerals Mine located on the northern coast of Mozambique. Its product types are ilmenite, zircon, rutile, and concentrates. Concentrates include secondary zircon and mineral sands concentrates. The sale of ilmenite accounts for the majority of its revenue. Its geographical segments are China, Italy, the United States, and the Rest of the world. The company derives a majority of its revenue from China.

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