Copper 360 (JSE:CPR) Days Payable : 124.92 (As of Feb. 2024)

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What is Copper 360 Days Payable?

Copper 360's average Accounts Payable for the six months ended in Feb. 2024 was R26.39 Mil. Copper 360's Cost of Goods Sold for the six months ended in Feb. 2024 was R38.56 Mil. Hence, Copper 360's Days Payable for the six months ended in Feb. 2024 was 124.92.

The historical rank and industry rank for Copper 360's Days Payable or its related term are showing as below:

JSE:CPR' s Days Payable Range Over the Past 10 Years
Min: 76.22 Med: 97.71 Max: 119.19
Current: 76.22

During the past 3 years, Copper 360's highest Days Payable was 119.19. The lowest was 76.22. And the median was 97.71.

JSE:CPR's Days Payable is ranked worse than
61.9% of 1063 companies
in the Metals & Mining industry
Industry Median: 136.29 vs JSE:CPR: 76.22

Copper 360's Days Payable increased from Feb. 2023 (0.00) to Feb. 2024 (124.92). It may suggest that Copper 360 delayed paying its suppliers.

Copper 360 Days Payable Historical Data

The historical data trend for Copper 360'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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Copper 360 Days Payable Chart

Copper 360 Annual Data

Trend

Feb22

Feb23

Feb24

Days Payable

119.19

76.22

Copper 360 Semi-Annual Data
	Feb22	Aug22	Feb23	Aug23	Feb24
Days Payable	-	-	-	15.70	124.92

Competitive Comparison of Copper 360's Days Payable

For the Copper subindustry, Copper 360'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.

Copper 360's Days Payable Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Copper 360's Days Payable distribution charts can be found below:

* The bar in red indicates where Copper 360's Days Payable falls into.

Copper 360 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.

Copper 360's Days Payable for the fiscal year that ended in Feb. 2024 is calculated as

	Days Payable (A: Feb. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Feb. 2023 )	+	Accounts Payable (A: Feb. 2024 ))	/	count )	/	Cost of Goods Sold (A: Feb. 2024 )	*	Days in Period
=	( (2.669	+	26.394)	/	2 )	/	69.586	*	365
=	14.5315					/	69.586	*	365
=	76.22

Copper 360's Days Payable for the quarter that ended in Feb. 2024 is calculated as:

	Days Payable (Q: Feb. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Aug. 2023 )	+	Accounts Payable (Q: Feb. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Feb. 2024 )	*	Days in Period
=	( (0	+	26.394)	/	1 )	/	38.56	*	365 / 2
=	26.394					/	38.56	*	365 / 2
=	124.92

Copper 360 Days Payable Related Terms

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Copper 360 Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Copper 360 Ltd (JSE:CPR) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 Main Road, Nababeep, Nababeep, NC, ZAF, 8265

Website

https://www.copper360.co.za

Copper 360 Ltd is focused on processing historically mined copper rock dumps through a process of environmental clean-up, and mining surface and shallow copper resources. The group's operations are based in the Northern Cape province of South Africa.

Copper 360 Headlines

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