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Vast Resources (FRA:D9A) Days Payable : 127.57 (As of Apr. 2024)


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What is Vast Resources Days Payable?

Vast Resources's average Accounts Payable for the six months ended in Apr. 2024 was €2.99 Mil. Vast Resources's Cost of Goods Sold for the six months ended in Apr. 2024 was €4.27 Mil. Hence, Vast Resources's Days Payable for the six months ended in Apr. 2024 was 127.57.

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

FRA:D9A' s Days Payable Range Over the Past 10 Years
Min: 92.51   Med: 145.96   Max: 520.75
Current: 157.8

During the past 13 years, Vast Resources's highest Days Payable was 520.75. The lowest was 92.51. And the median was 145.96.

FRA:D9A's Days Payable is ranked better than
52.16% of 1041 companies
in the Metals & Mining industry
Industry Median: 129.57 vs FRA:D9A: 157.80

Vast Resources's Days Payable declined from Apr. 2023 (137.02) to Apr. 2024 (127.57). It may suggest that Vast Resources accelerated paying its suppliers.


Vast Resources Days Payable Historical Data

The historical data trend for Vast 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.

Vast Resources Days Payable Chart

Vast Resources Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Apr20 Apr21 Apr22 Apr23 Apr24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 224.06 96.22 132.63 143.75

Vast Resources Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24
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 95.80 129.85 137.02 216.67 127.57

Competitive Comparison of Vast Resources's Days Payable

For the Other Industrial Metals & Mining subindustry, Vast 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.


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

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

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



Vast 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.

Vast Resources's Days Payable for the fiscal year that ended in Apr. 2024 is calculated as

Days Payable (A: Apr. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Apr. 2023 ) + Accounts Payable (A: Apr. 2024 )) / count ) / Cost of Goods Sold (A: Apr. 2024 )*Days in Period
=( (3.154 + 2.407) / 2 ) / 7.06*365
=2.7805 / 7.06*365
=143.75

Vast Resources's Days Payable for the quarter that ended in Apr. 2024 is calculated as:

Days Payable (Q: Apr. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Oct. 2023 ) + Accounts Payable (Q: Apr. 2024 )) / count ) / Cost of Goods Sold (Q: Apr. 2024 )*Days in Period
=( (3.568 + 2.407) / 2 ) / 4.274*365 / 2
=2.9875 / 4.274*365 / 2
=127.57

* 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.


Vast Resources Days Payable Related Terms

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Vast Resources Business Description

Traded in Other Exchanges
Address
60 Gracechurch Street, 6th Floor, Ben Harber, London, GBR, EC3V 0HR
Vast Resources PLC is focused on key mining opportunities in Romania, Zimbabwe and Tajikistan. The Group operates in one business segment, the development and mining of mineral assets. It is a resource development company producing copper concentrate, zinc concentrate and gold and silver concentrate from Manaila Polymetallic Mine based at Romania. It has interest in the underground mine, Baita Plai, which is a skarn deposit comprising veins in calcareous sediments in approximately eight distinct pipes. The geographical segments of the company includes Europe and Central Asia and Southern Africa. It has earned revenue from Europe and Central Asia.

Vast Resources Headlines

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