GFI (Gold Fields) Days Payable : 21.02 (As of Jun. 2024)

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What is Gold Fields Days Payable?

Gold Fields's average Accounts Payable for the six months ended in Jun. 2024 was $162 Mil. Gold Fields's Cost of Goods Sold for the six months ended in Jun. 2024 was $1,405 Mil. Hence, Gold Fields's Days Payable for the six months ended in Jun. 2024 was 21.02.

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

GFI' s Days Payable Range Over the Past 10 Years
Min: 13.62 Med: 21.44 Max: 29.63
Current: 18.4

During the past 13 years, Gold Fields's highest Days Payable was 29.63. The lowest was 13.62. And the median was 21.44.

GFI's Days Payable is ranked worse than
92.61% of 1042 companies
in the Metals & Mining industry
Industry Median: 129.5 vs GFI: 18.40

Gold Fields's Days Payable increased from Jun. 2023 (17.07) to Jun. 2024 (21.02). It may suggest that Gold Fields delayed paying its suppliers.

Gold Fields Days Payable Historical Data

The historical data trend for Gold Fields'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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Gold Fields Days Payable Chart

Gold Fields Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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17.19

21.97

21.89

20.02

18.80

Gold Fields 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															22.16	17.87	17.07	20.50	21.02

Competitive Comparison of Gold Fields's Days Payable

For the Gold subindustry, Gold Fields'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.

Gold Fields's Days Payable Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Gold Fields's Days Payable falls into.

Gold Fields 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.

Gold Fields'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
=	( (133.1	+	161.8)	/	2 )	/	2863.4	*	365
=	147.45					/	2863.4	*	365
=	18.80

Gold Fields'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
=	( (161.8	+	0)	/	1 )	/	1404.6	*	365 / 2
=	161.8					/	1404.6	*	365 / 2
=	21.02

Gold Fields Days Payable Related Terms

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Gold Fields Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Gold Fields Ltd (NYSE:GFI) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

GFI:South Africa GFIOF:USA EDGA:Germany EDG:Germany EDGA:Germany EDG:Germany G1FI34:Brazil GFI:Argentina

Address

150 Helen Road, Sandown, Sandton, Johannesburg, GT, ZAF, 2196

Website

https://www.goldfields.com

Gold Fields Ltd is a producer of gold and is a holder of gold reserves and resources in South Africa, Ghana, Australia and Peru. In Peru, the company also produces copper. The company is involved in underground and surface gold and surface copper mining and silver and related activities, including exploration, extraction, processing and smelting. It conducts underground and surface mining operations at St. Ives, underground-only operations at Agnew, Granny Smith and South Deep and surface-only open pit mining at Damang, Tarkwa and Cerro Corona. The company's revenues are derived from the sale of gold that it produces.