Mineral Resources (FRA:F5J) Days Payable : 185.74 (As of Jun. 2024)

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What is Mineral Resources Days Payable?

Mineral Resources's average Accounts Payable for the six months ended in Jun. 2024 was €883 Mil. Mineral Resources's Cost of Goods Sold for the six months ended in Jun. 2024 was €868 Mil. Hence, Mineral Resources's Days Payable for the six months ended in Jun. 2024 was 185.74.

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

FRA:F5J' s Days Payable Range Over the Past 10 Years
Min: 179.27 Med: 487.72 Max: 1471.53
Current: 323.82

During the past 13 years, Mineral Resources's highest Days Payable was 1471.53. The lowest was 179.27. And the median was 487.72.

FRA:F5J's Days Payable is ranked better than
59.17% of 1041 companies
in the Metals & Mining industry
Industry Median: 129.57 vs FRA:F5J: 323.82

Mineral Resources's Days Payable declined from Jun. 2023 (231.48) to Jun. 2024 (185.74). It may suggest that Mineral Resources accelerated paying its suppliers.

Mineral Resources Days Payable Historical Data

The historical data trend for Mineral 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.

Mineral Resources Days Payable Chart

Mineral Resources Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Days Payable

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1,152.89

690.13

392.75

407.10

333.88

Mineral 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															186.12	-	231.48	-	185.74

Competitive Comparison of Mineral Resources's Days Payable

For the Other Industrial Metals & Mining subindustry, Mineral 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.

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

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

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

Mineral 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.

Mineral Resources'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
=	( (533.544	+	1048.672)	/	2 )	/	864.846	*	365
=	791.108					/	864.846	*	365
=	333.88

Mineral 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
=	( (718.255	+	1048.672)	/	2 )	/	868.054	*	365 / 2
=	883.4635					/	868.054	*	365 / 2
=	185.74

Mineral Resources Days Payable Related Terms

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Mineral Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Mineral Resources Ltd (FRA:F5J) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

MALRY:USA MALRF:USA F5J:Germany MIN:Australia

Address

20 Walters Drive, Osborne Park, Perth, WA, AUS, 6017

Website

https://www.mineralresources.com.au

Mineral Resources listed on the ASX in 2006 following the merger of three mining services businesses. The subsidiary companies were previously owned by managing director Chris Ellison, who remains a large shareholder despite selling down. Operations include iron ore and lithium mining, iron ore crushing and screening services for third parties, and engineering and construction for mining companies. Mining and contracting activity is focused in Western Australia.

Mineral Resources Headlines

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