New World Resources (LSE:NWR) Days Payable: 55.76 (As of Dec. 2015) — 14% Below Median


What is New World Resources Days Payable?

New World Resources LSE:NWR Days Payable is 55.76 as of Dec. 2015, which is 14% below its 10-year median of 64.76. The stock has 4 warning signs investors should review.

New World Resources's average Accounts Payable for the three months ended in Dec. 2015 was £72.27 Mil. New World Resources's Cost of Goods Sold for the three months ended in Dec. 2015 was £118.27 Mil. Hence, New World Resources's Days Payable for the three months ended in Dec. 2015 was 55.76.

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

LSE:NWR' s Days Payable Range Over the Past 10 Years
Min: 36.09   Med: 64.76   Max: 121.89
Current: 46.97

During the past 10 years, New World Resources's highest Days Payable was 121.89. The lowest was 36.09. And the median was 64.76.

LSE:NWR's Days Payable is not ranked
in the Other Energy Sources industry.
Industry Median: 66.315 vs LSE:NWR: 46.97

New World Resources's Days Payable declined from Dec. 2014 (60.32) to Dec. 2015 (55.76). It may suggest that New World Resources accelerated paying its suppliers.

New World Resources Days Payable Historical Data

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The historical data trend for New World 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.

New World Resources Days Payable Chart

New World Resources Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 89.12 55.82 46.59 48.63 50.61

New World Resources Quarterly Data
Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15
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 60.32 69.51 80.80 78.52 55.76

LSE:NWR vs WMLPQ: Days Payable Comparison

For the Thermal Coal subindustry, New World 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.

New World Resources Days Payable vs Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, New World Resources's Days Payable distribution charts can be found below:

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


New World 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.

New World Resources's Days Payable for the fiscal year that ended in Dec. 2015 is calculated as

Days Payable (A: Dec. 2015 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2014 ) + Accounts Payable (A: Dec. 2015 )) / count ) / Cost of Goods Sold (A: Dec. 2015 )*Days in Period
=( (59.721 + 53.015) / 2 ) / 406.507*365
=56.368 / 406.507*365
=50.61

New World Resources's Days Payable for the quarter that ended in Dec. 2015 is calculated as:

Days Payable (Q: Dec. 2015 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2015 ) + Accounts Payable (Q: Dec. 2015 )) / count ) / Cost of Goods Sold (Q: Dec. 2015 )*Days in Period
=( (91.517 + 53.015) / 2 ) / 118.265*365 / 4
=72.266 / 118.265*365 / 4
=55.76

* 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 55.76 mean?
New World Resources (LSE:NWR) has a Days Payable of 55.76 as of Dec. 2015. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on New World Resources and its competitors. This is 14% below median its historical median of 64.76. Over the past decade, New World Resources' Days Payable has ranged from 36.09 to 121.89.
Is New World Resources' Days Payable too high?
New World Resources' current Days Payable of 55.76 is 14% below median its 10-year median of 64.76. Over the past 10 years, this metric has ranged from a low of 36.09 to a high of 121.89. The Other Energy Sources industry median Days Payable is 66.32. New World Resources' value of 55.76 is 15.9% below this industry median.
How does New World Resources' Days Payable compare to WMLPQ?
New World Resources' Days Payable of 55.76 can be compared against companies in the Other Energy Sources industry. The industry median Days Payable is 66.32. New World Resources' value of 55.76 is 15.9% below this benchmark. Historically, New World Resources' own Days Payable has ranged from 36.09 to 121.89 over the past decade. While the company's 10-year median is 64.76 vs. the industry median of 66.32, New World Resources has consistently been below the industry average. 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 an Other Energy Sources company?
The median Days Payable among Other Energy Sources companies is 66.32, based on 128 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. New World Resources's current Days Payable of 55.76 is 15.9% 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 New World Resources and its competitors. For the Other Energy Sources industry, the median Days Payable is 66.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. New World Resources's current Days Payable is 55.76, which is 14% below median its own 10-year median of 64.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New World Resources stock overvalued right now?
New World Resources (LSE:NWR) has a current Days Payable of 55.76. The current Days Payable is 55.76, which is 14% below median its 10-year median of 64.76 and 15.9% below the Other Energy Sources industry median of 66.32. 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 New World Resources (LSE:NWR), the current Days Payable is 55.76 as of Dec. 2015. 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.

New World Resources Business Description

Address Herengracht 448, Amsterdam, NLD, 1017 CA
New World Resources PLC is a coking and thermal coal producer for the steel and energy sectors in Central Europe. The company's hard coal reserves are situated in the Upper Silesian basin, covering an area of approximately 120 square kilometers. The company's customer includes ArcelorMittal, U.S. Steel, voestalpine, Dalkia, CEZ, Verbund, Moravia Steel, and ThyssenKrupp. New World Resources operates in Czech Republic, Slovakia, Austria, Poland, and Germany.