Gem Diamonds (FRA:ZVW) Days Payable : 14.58 (As of Dec. 2024)

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What is Gem Diamonds Days Payable?

Gem Diamonds's average Accounts Payable for the six months ended in Dec. 2024 was €4.5 Mil. Gem Diamonds's Cost of Goods Sold for the six months ended in Dec. 2024 was €56.2 Mil. Hence, Gem Diamonds's Days Payable for the six months ended in Dec. 2024 was 14.58.

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

FRA:ZVW' s Days Payable Range Over the Past 10 Years
Min: 27.68 Med: 37.87 Max: 48.9
Current: 27.68

During the past 13 years, Gem Diamonds's highest Days Payable was 48.90. The lowest was 27.68. And the median was 37.87.

FRA:ZVW's Days Payable is ranked worse than
86.73% of 1040 companies
in the Metals & Mining industry
Industry Median: 131.835 vs FRA:ZVW: 27.68

Gem Diamonds's Days Payable declined from Dec. 2023 (55.60) to Dec. 2024 (14.58). It may suggest that Gem Diamonds accelerated paying its suppliers.

Gem Diamonds Days Payable Historical Data

The historical data trend for Gem Diamonds'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.

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Gem Diamonds Days Payable Chart

Gem Diamonds Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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44.15

34.15

30.87

45.11

31.12

Gem Diamonds Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Days Payable	Get a 7-Day Free Trial															47.11	48.74	55.60	36.92	14.58

Competitive Comparison of Gem Diamonds's Days Payable

For the Other Precious Metals & Mining subindustry, Gem Diamonds'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.

Gem Diamonds's Days Payable Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Gem Diamonds's Days Payable falls into.

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Gem Diamonds 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.

Gem Diamonds's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

	Days Payable (A: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2023 )	+	Accounts Payable (A: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2024 )	*	Days in Period
=	( (14.453	+	3.688)	/	2 )	/	106.387	*	365
=	9.0705					/	106.387	*	365
=	31.12

Gem Diamonds's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

	Days Payable (Q: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2024 )	+	Accounts Payable (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (5.295	+	3.688)	/	2 )	/	56.211	*	365 / 2
=	4.4915					/	56.211	*	365 / 2
=	14.58

Gem Diamonds Days Payable Related Terms

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Gem Diamonds Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Gem Diamonds Ltd (FRA:ZVW) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

GMDMF:USA GEMDl:UK GEMD:UK ZVW:Germany

Address

2 Eaton Gate, London, GBR, SW1W 9BJ

Website

https://www.gemdiamonds.com

Gem Diamonds Ltd is a United Kingdom-based company engaged in the exploration and development of diamond mines. The company's geographical segments include Lesotho (diamond mining activities); Belgium (sales, marketing, and manufacturing of diamonds); and BVI, RSA, the UK, and Cyprus (technical and administrative services) and Botswana (diamond mining activities, currently on care and maintenance). It generates maximum revenue from the Lesotho region. Its projects include Letseng Diamond mine and Ghaghoo Diamond mine. The company's revenue is derived from mining activities, polished manufacturing margins, and diamond analysis and manufacturing services.

Gem Diamonds Headlines

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