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Base Resources (FRA:B4Z) Days Payable : 60.75 (As of Dec. 2023)


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What is Base Resources Days Payable?

Base Resources's average Accounts Payable for the six months ended in Dec. 2023 was €12.9 Mil. Base Resources's Cost of Goods Sold for the six months ended in Dec. 2023 was €38.8 Mil. Hence, Base Resources's Days Payable for the six months ended in Dec. 2023 was 60.75.

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

FRA:B4Z' s Days Payable Range Over the Past 10 Years
Min: 31.47   Med: 40.66   Max: 71.9
Current: 44.64

During the past 12 years, Base Resources's highest Days Payable was 71.90. The lowest was 31.47. And the median was 40.66.

FRA:B4Z's Days Payable is ranked worse than
76.69% of 1068 companies
in the Metals & Mining industry
Industry Median: 133.65 vs FRA:B4Z: 44.64

Base Resources's Days Payable declined from Dec. 2022 (66.14) to Dec. 2023 (60.75). It may suggest that Base Resources accelerated paying its suppliers.


Base Resources Days Payable Historical Data

The historical data trend for Base 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.

Base Resources Days Payable Chart

Base Resources Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 32.14 32.30 46.52 50.76 54.32

Base 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 55.38 40.81 66.14 45.33 60.75

Competitive Comparison of Base Resources's Days Payable

For the Other Industrial Metals & Mining subindustry, Base 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.


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

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

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



Base 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.

Base Resources's Days Payable for the fiscal year that ended in Jun. 2023 is calculated as

Days Payable (A: Jun. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jun. 2022 ) + Accounts Payable (A: Jun. 2023 )) / count ) / Cost of Goods Sold (A: Jun. 2023 )*Days in Period
=( (16.699 + 16.569) / 2 ) / 111.764*365
=16.634 / 111.764*365
=54.32

Base 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
=( (16.569 + 9.23) / 2 ) / 38.751*365 / 2
=12.8995 / 38.751*365 / 2
=60.75

* 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.


Base Resources Days Payable Related Terms

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Base Resources (FRA:B4Z) Business Description

Traded in Other Exchanges
Address
46 Colin Street, Level 3, West Perth, Perth, WA, AUS, 6005
Base Resources Ltd is a mineral sands producer based in Australia. The company's operating segment includes Kwale Operation; Toliara Project and Other. It generates maximum revenue from the Kwale Operation segment. Kwale Operation segment is located in Kenya and generates revenue from the sale of rutile, ilmenite, and zircon. Geographically, it has a presence in the United Kingdom, Kenya, China, USA, Australia, and Other Countries.

Base Resources (FRA:B4Z) Headlines

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