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Syrah Resources (FRA:3S7) Days Payable : 147.42 (As of Dec. 2023)


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What is Syrah Resources Days Payable?

Syrah Resources's average Accounts Payable for the six months ended in Dec. 2023 was €28.45 Mil. Syrah Resources's Cost of Goods Sold for the six months ended in Dec. 2023 was €35.22 Mil. Hence, Syrah Resources's Days Payable for the six months ended in Dec. 2023 was 147.42.

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

FRA:3S7' s Days Payable Range Over the Past 10 Years
Min: 44.82   Med: 75.15   Max: 141.49
Current: 141.49

During the past 13 years, Syrah Resources's highest Days Payable was 141.49. The lowest was 44.82. And the median was 75.15.

FRA:3S7's Days Payable is ranked better than
51.12% of 1068 companies
in the Metals & Mining industry
Industry Median: 129.525 vs FRA:3S7: 141.49

Syrah Resources's Days Payable increased from Dec. 2022 (70.86) to Dec. 2023 (147.42). It may suggest that Syrah Resources delayed paying its suppliers.


Syrah Resources Days Payable Historical Data

The historical data trend for Syrah 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.

* Premium members only.

Syrah Resources Days Payable Chart

Syrah Resources Annual Data
Trend Jun14 Jun15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 45.25 72.58 74.75 81.82 120.61

Syrah Resources Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 77.47 83.85 70.86 161.69 147.42

Competitive Comparison of Syrah Resources's Days Payable

For the Other Industrial Metals & Mining subindustry, Syrah 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.


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

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

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



Syrah 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.

Syrah 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
=( (22.76 + 21.914) / 2 ) / 67.6*365
=22.337 / 67.6*365
=120.61

Syrah Resources's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

Days Payable (Q: Dec. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2023 ) + Accounts Payable (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (34.988 + 21.914) / 2 ) / 35.22*365 / 2
=28.451 / 35.22*365 / 2
=147.42

* 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.


Syrah Resources Days Payable Related Terms

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Syrah Resources (FRA:3S7) Business Description

Traded in Other Exchanges
Address
477 Collins Street, Level 7, Melbourne, VIC, AUS, 3000
Syrah Resources Ltd is an Australia-based company engaged in mining, mineral exploration, evaluation, and development. The company operates in three segments: Balama, Vidalia, and Corporate. All the company's revenue is derived from the Balama segment, where it produces and sells natural flake graphite from the Balama graphite mine in Mozambique. The company sells graphite globally to customers in Europe, China, India, the Americas, and other locations.

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