Atlantic Coal (LSE:ATC) Days Payable : 111.07 (As of Jun. 2015)

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What is Atlantic Coal Days Payable?

Atlantic Coal's average Accounts Payable for the six months ended in Jun. 2015 was £2.05 Mil. Atlantic Coal's Cost of Goods Sold for the six months ended in Jun. 2015 was £3.37 Mil. Hence, Atlantic Coal's Days Payable for the six months ended in Jun. 2015 was 111.07.

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

LSE:ATC' s Days Payable Range Over the Past 10 Years
Min: 53.08 Med: 72.37 Max: 147.15
Current: 74.39

During the past 8 years, Atlantic Coal's highest Days Payable was 147.15. The lowest was 53.08. And the median was 72.37.

LSE:ATC's Days Payable is not ranked
in the Steel industry.
Industry Median: 41.915 vs LSE:ATC: 74.39

Atlantic Coal's Days Payable increased from Jun. 2014 (58.69) to Jun. 2015 (111.07). It may suggest that Atlantic Coal delayed paying its suppliers.

Atlantic Coal Days Payable Historical Data

The historical data trend for Atlantic Coal'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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Atlantic Coal Days Payable Chart

Atlantic Coal Annual Data

Trend

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Days Payable

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80.49

68.44

61.41

62.34

55.16

Atlantic Coal Semi-Annual Data
	Jun06	Jun07	Jun08	Dec08	Jun09	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15
Days Payable	Get a 7-Day Free Trial												77.11	47.30	58.69	55.78	111.07

Competitive Comparison of Atlantic Coal's Days Payable

For the Coking Coal subindustry, Atlantic Coal'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.

Atlantic Coal's Days Payable Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Atlantic Coal's Days Payable distribution charts can be found below:

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

Atlantic Coal 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.

Atlantic Coal's Days Payable for the fiscal year that ended in Dec. 2014 is calculated as

	Days Payable (A: Dec. 2014 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2013 )	+	Accounts Payable (A: Dec. 2014 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2014 )	*	Days in Period
=	( (1.423	+	2.051)	/	2 )	/	11.494	*	365
=	1.737					/	11.494	*	365
=	55.16

Atlantic Coal's Days Payable for the quarter that ended in Jun. 2015 is calculated as:

	Days Payable (Q: Jun. 2015 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2014 )	+	Accounts Payable (Q: Jun. 2015 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2015 )	*	Days in Period
=	( (2.051	+	0)	/	1 )	/	3.37	*	365 / 2
=	2.051					/	3.37	*	365 / 2
=	111.07

Atlantic Coal Days Payable Related Terms

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Atlantic Coal (LSE:ATC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Atlantic Coal PLC (LSE:ATC) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.atlanticcoal.com

Atlantic Carbon Group PLC, formerly Atlantic Coal PLC was incorporated on December 17, 2004 in the United Kingdom. The Company is a coal production and processing company, working on open cast mining and the processing of high-grade, low emission coal. It develops and operates the Stockton Colliery, an opencast anthracite mining and anthracite washing plant encompassing an area of approximately 900 hectares located in Hazel Creek in north-east Pennsylvania, the United States.