Ora Banda Mining (FRA:M6N) Days Payable : 99.05 (As of Dec. 2023)

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What is Ora Banda Mining Days Payable?

Ora Banda Mining's average Accounts Payable for the six months ended in Dec. 2023 was €16.1 Mil. Ora Banda Mining's Cost of Goods Sold for the six months ended in Dec. 2023 was €29.6 Mil. Hence, Ora Banda Mining's Days Payable for the six months ended in Dec. 2023 was 99.05.

The historical rank and industry rank for Ora Banda Mining's Days Payable or its related term are showing as below:

FRA:M6N' s Days Payable Range Over the Past 10 Years
Min: 30.1 Med: 759.96 Max: 22128.13
Current: 67.88

During the past 13 years, Ora Banda Mining's highest Days Payable was 22128.13. The lowest was 30.10. And the median was 759.96.

FRA:M6N's Days Payable is ranked worse than
64.92% of 1066 companies
in the Metals & Mining industry
Industry Median: 131.36 vs FRA:M6N: 67.88

Ora Banda Mining's Days Payable increased from Dec. 2022 (61.50) to Dec. 2023 (99.05). It may suggest that Ora Banda Mining delayed paying its suppliers.

Ora Banda Mining Days Payable Historical Data

The historical data trend for Ora Banda Mining'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.

Ora Banda Mining Days Payable Chart

Ora Banda Mining Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Payable

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793.27

91.96

29.51

32.80

Ora Banda Mining 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															53.92	48.63	61.50	40.09	99.05

Competitive Comparison of Ora Banda Mining's Days Payable

For the Gold subindustry, Ora Banda Mining'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.

Ora Banda Mining's Days Payable Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Ora Banda Mining's Days Payable falls into.

Ora Banda Mining 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.

Ora Banda Mining'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
=	( (6.864	+	8.765)	/	2 )	/	86.953	*	365
=	7.8145					/	86.953	*	365
=	32.80

Ora Banda Mining'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
=	( (8.765	+	23.395)	/	2 )	/	29.628	*	365 / 2
=	16.08					/	29.628	*	365 / 2
=	99.05

Ora Banda Mining Days Payable Related Terms

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Ora Banda Mining (FRA:M6N) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Ora Banda Mining Ltd (FRA:M6N) » Definitions » Days Payable

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OBM:Australia

Address

2 Kings Park Road, Level 1, West Perth, Perth, WA, AUS, 6008

Website

https://www.orabandamining.com.au

Ora Banda Mining Ltd operates as an exploration and production company in Australia. It is focused on the mining and processing of gold, exploration, and evaluation of gold mineralization. It owns an interest in the Davyhurst Project located to the northwest of Kalgoorlie within the Eastern Goldfields of Western Australia. Some of the projects of the company are Riverina, Lady Ida, and Others.

Ora Banda Mining (FRA:M6N) Headlines

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