Critical Mineral Resources (LSE:CMRS) Days Payable : 2,786.63 (As of Jun. 2024)

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What is Critical Mineral Resources Days Payable?

Critical Mineral Resources's average Accounts Payable for the six months ended in Jun. 2024 was £0.20 Mil. Critical Mineral Resources's Cost of Goods Sold for the six months ended in Jun. 2024 was £0.01 Mil. Hence, Critical Mineral Resources's Days Payable for the six months ended in Jun. 2024 was 2,786.63.

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

LSE:CMRS' s Days Payable Range Over the Past 10 Years
Min: 580.68 Med: 753.23 Max: 1400.73
Current: 1400.73

During the past 5 years, Critical Mineral Resources's highest Days Payable was 1400.73. The lowest was 580.68. And the median was 753.23.

LSE:CMRS's Days Payable is ranked better than
69.69% of 1026 companies
in the Metals & Mining industry
Industry Median: 130.755 vs LSE:CMRS: 1400.73

Critical Mineral Resources's Days Payable increased from Jun. 2023 (229.70) to Jun. 2024 (2,786.63). It may suggest that Critical Mineral Resources delayed paying its suppliers.

Critical Mineral Resources Days Payable Historical Data

The historical data trend for Critical Mineral Resources'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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Critical Mineral Resources Days Payable Chart

Critical Mineral Resources Annual Data

Trend

Nov18

Nov19

Dec21

Dec22

Dec23

Days Payable

580.68

925.77

Critical Mineral Resources Semi-Annual Data
	Nov18	May19	Nov19	May20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Days Payable	Get a 7-Day Free Trial						-	566.86	229.70	1,087.98	2,786.63

Competitive Comparison of Critical Mineral Resources's Days Payable

For the Other Precious Metals & Mining subindustry, Critical Mineral Resources'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.

Critical Mineral Resources's Days Payable Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Critical Mineral Resources's Days Payable falls into.

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Critical Mineral Resources 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.

Critical Mineral Resources'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
=	( (0.021	+	0.258)	/	2 )	/	0.055	*	365
=	0.1395					/	0.055	*	365
=	925.77

Critical Mineral Resources'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
=	( (0.258	+	0.139)	/	2 )	/	0.013	*	365 / 2
=	0.1985					/	0.013	*	365 / 2
=	2,786.63

Critical Mineral Resources Days Payable Related Terms

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Critical Mineral Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Critical Mineral Resources PLC (LSE:CMRS) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

25 Eccleston Place, Eccleston Yards, London, GBR, SW1W 9NF

Website

https://www.cmrplc.com

Critical Mineral Resources PLC is engaged in exploration for, and development of mineral resources, including in Morocco, and the identification of future acquisition targets in the same industry. Its current focus is on copper-gold opportunities. Some of its projects are Morocco and Anzar Copper.

Critical Mineral Resources Headlines

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