Hiru (HIRU) Days Payable: 43.22 (As of Jun. 2001)


What is Hiru Days Payable?

Hiru HIRU -8.33% Days Payable is 43.22 as of Jun. 2001.

Hiru's average Accounts Payable for the three months ended in Jun. 2001 was $13.7 Mil. Hiru's Cost of Goods Sold for the three months ended in Jun. 2001 was $28.9 Mil. Hence, Hiru's Days Payable for the three months ended in Jun. 2001 was 43.22.

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

HIRU's Days Payable is not ranked *
in the Metals & Mining industry.
Industry Median: 126.885
* Ranked among companies with meaningful Days Payable only.

Hiru's Days Payable declined from Jun. 2000 (61.76) to Jun. 2001 (43.22). It may suggest that Hiru accelerated paying its suppliers.

Hiru Days Payable Historical Data

* Premium members only.

The historical data trend for Hiru'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.

Hiru Days Payable Chart

Hiru Annual Data
Trend Sep94 Dec95 Dec96 Dec97 Dec98 Dec99 Dec00
Days Payable
Get a 7-Day Free Trial 31.08 38.66 44.62 30.36 49.66

Hiru Quarterly Data
Sep96 Dec96 Mar97 Jun97 Sep97 Dec97 Mar98 Jun98 Sep98 Dec98 Mar99 Jun99 Sep99 Dec99 Mar00 Jun00 Sep00 Dec00 Mar01 Jun01
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 61.76 33.57 0.00 28.14 43.22

HIRU vs VITIF, HSTC, NTRR: Days Payable Comparison

For the Other Industrial Metals & Mining subindustry, Hiru'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.

Hiru Days Payable vs Metals & Mining Industry

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

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


Hiru 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.

Hiru's Days Payable for the fiscal year that ended in Dec. 2000 is calculated as

Days Payable (A: Dec. 2000 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2099 ) + Accounts Payable (A: Dec. 2000 )) / count ) / Cost of Goods Sold (A: Dec. 2000 )*Days in Period
=( (17.778 + 15.257) / 2 ) / 121.415*365
=16.5175 / 121.415*365
=49.66

Hiru's Days Payable for the quarter that ended in Jun. 2001 is calculated as:

Days Payable (Q: Jun. 2001 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2001 ) + Accounts Payable (Q: Jun. 2001 )) / count ) / Cost of Goods Sold (Q: Jun. 2001 )*Days in Period
=( (13.563 + 13.85) / 2 ) / 28.941*365 / 4
=13.7065 / 28.941*365 / 4
=43.22

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 43.22 mean?
Hiru (HIRU) has a Days Payable of 43.22 as of Jun. 2001. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Hiru and its competitors.
Is Hiru's Days Payable too high?
Hiru's current Days Payable is 43.22. The Metals & Mining industry median Days Payable is 126.89. Hiru's value of 43.22 is 65.9% below this industry median.
How does Hiru's Days Payable compare to VITIF and HSTC?
Hiru's Days Payable of 43.22 can be compared against companies in the Metals & Mining industry. The industry median Days Payable is 126.89. Hiru's value of 43.22 is 65.9% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Metals & Mining company?
The median Days Payable among Metals & Mining companies is 126.89, based on 1,064 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Hiru's current Days Payable of 43.22 is 65.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Hiru and its competitors. For the Metals & Mining industry, the median Days Payable is 126.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hiru's current Days Payable is 43.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hiru stock overvalued right now?
Hiru (HIRU) has a current Days Payable of 43.22. The current Days Payable is 43.22 and 65.9% below the Metals & Mining industry median of 126.89. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Hiru (HIRU), the current Days Payable is 43.22 as of Jun. 2001. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Hiru Business Description

Address 3379 Peachtree Road NE, Suite 700, Atlanta, GA, USA, 30326
Hiru Corp is a holding engaged in Mining and natural resources Exploration, it has completed end of the last Quarter the integration of the Australian mining assets, the Balfour Project, and processed the abandon of the previous Water business and related activities owned by the previous control holders.