Zhaojin Mining Industry Co (FRA:ZVL) Days Payable : 28.27 (As of Dec. 2023)

View and export this data going back to 2006. Start your Free Trial

What is Zhaojin Mining Industry Co Days Payable?

Zhaojin Mining Industry Co's average Accounts Payable for the six months ended in Dec. 2023 was €59 Mil. Zhaojin Mining Industry Co's Cost of Goods Sold for the six months ended in Dec. 2023 was €379 Mil. Hence, Zhaojin Mining Industry Co's Days Payable for the six months ended in Dec. 2023 was 28.27.

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

FRA:ZVL' s Days Payable Range Over the Past 10 Years
Min: 29.92 Med: 38.61 Max: 60.57
Current: 32.56

During the past 13 years, Zhaojin Mining Industry Co's highest Days Payable was 60.57. The lowest was 29.92. And the median was 38.61.

FRA:ZVL's Days Payable is ranked worse than
83.61% of 1068 companies
in the Metals & Mining industry
Industry Median: 131.36 vs FRA:ZVL: 32.56

Zhaojin Mining Industry Co's Days Payable declined from Dec. 2022 (31.69) to Dec. 2023 (28.27). It may suggest that Zhaojin Mining Industry Co accelerated paying its suppliers.

Zhaojin Mining Industry Co Days Payable Historical Data

The historical data trend for Zhaojin Mining Industry Co'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.

Zhaojin Mining Industry Co Days Payable Chart

Zhaojin Mining Industry Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

40.21

40.00

37.18

28.97

35.20

Zhaojin Mining Industry Co 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															44.67	40.48	31.69	36.64	28.27

Competitive Comparison of Zhaojin Mining Industry Co's Days Payable

For the Gold subindustry, Zhaojin Mining Industry Co'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.

Zhaojin Mining Industry Co's Days Payable Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Zhaojin Mining Industry Co's Days Payable falls into.

Zhaojin Mining Industry Co 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.

Zhaojin Mining Industry Co'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
=	( (58.31	+	66.879)	/	2 )	/	648.989	*	365
=	62.5945					/	648.989	*	365
=	35.20

Zhaojin Mining Industry Co'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
=	( (50.511	+	66.879)	/	2 )	/	378.968	*	365 / 2
=	58.695					/	378.968	*	365 / 2
=	28.27

Zhaojin Mining Industry Co Days Payable Related Terms

Thank you for viewing the detailed overview of Zhaojin Mining Industry Co's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Zhaojin Mining Industry Co (FRA:ZVL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Zhaojin Mining Industry Co Ltd (FRA:ZVL) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

ZHAOF:USA 01818:Hong Kong ZVL:Germany

Address

1 Matheson Street, Times Square, 31st Floor, Tower Two, Causeway Bay, Hong Kong, HKG

Website

https://www.zhaojin.com.cn

Zhaojin Mining Industry Co Ltd is engaged in the mining, processing, smelting, and sale of gold and silver products. The exploration, mining, ore processing, smelting, and sale of gold and other metallic products, is a large integrated mining enterprise specializing in the production of gold. It produces two kinds of gold products, Au9999 and Au9995 gold bullions under the brand Zhaojin. It has three reportable operating segments, the gold operations segment consists of gold mining and smelting operations; the copper operations segment consists of copper mining and smelting operations; the others segment comprises other investment activities, operation of a finance company, operation and catering services of a hotel, exploration services and engineering design and consulting services.

Zhaojin Mining Industry Co (FRA:ZVL) Headlines

No Headlines