Hummingbird Resources (LSE:HUM) Days Payable : 224.79 (As of Dec. 2023)

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What is Hummingbird Resources Days Payable?

Hummingbird Resources's average Accounts Payable for the six months ended in Dec. 2023 was £61.9 Mil. Hummingbird Resources's Cost of Goods Sold for the six months ended in Dec. 2023 was £50.3 Mil. Hence, Hummingbird Resources's Days Payable for the six months ended in Dec. 2023 was 224.79.

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

LSE:HUM' s Days Payable Range Over the Past 10 Years
Min: 35.12 Med: 55.67 Max: 153.4
Current: 153.4

During the past 13 years, Hummingbird Resources's highest Days Payable was 153.40. The lowest was 35.12. And the median was 55.67.

LSE:HUM's Days Payable is ranked better than
51.96% of 1070 companies
in the Metals & Mining industry
Industry Median: 138.82 vs LSE:HUM: 153.40

Hummingbird Resources's Days Payable increased from Dec. 2022 (74.22) to Dec. 2023 (224.79). It may suggest that Hummingbird Resources delayed paying its suppliers.

Hummingbird Resources Days Payable Historical Data

The historical data trend for Hummingbird 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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Hummingbird Resources Days Payable Chart

Hummingbird Resources Annual Data

Trend

May14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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51.07

71.48

60.24

35.12

116.05

Hummingbird Resources Semi-Annual Data
	May14	Nov14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial															71.08	66.70	74.22	129.01	224.79

Competitive Comparison of Hummingbird Resources's Days Payable

For the Gold subindustry, Hummingbird 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.

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

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

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

Hummingbird 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.

Hummingbird 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
=	( (16.851	+	54)	/	2 )	/	111.423	*	365
=	35.4255					/	111.423	*	365
=	116.05

Hummingbird Resources's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (69.83	+	54)	/	2 )	/	50.266	*	365 / 2
=	61.915					/	50.266	*	365 / 2
=	224.79

Hummingbird Resources Days Payable Related Terms

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Hummingbird Resources (LSE:HUM) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

HUMRF:USA HUM.GB:UK 2HM:Germany

Address

49-63 Spencer Street, Hockley, Birmingham, West Midlands, GBR, B18 6DE

Website

https://www.hummingbirdresources.co.uk

Hummingbird Resources PLC along with its subsidiaries explores, evaluates, and develops mineral projects principally gold, focused in West Africa. The company operates in Liberia, Guinea, and Mali. Its project portfolio includes Yanfolila Gold Project in Mali and Dugbe Gold Project in Liberia.