Xtract Resources (LSE:XTR) Days Payable : 338.89 (As of Jun. 2023)

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What is Xtract Resources Days Payable?

Xtract Resources's average Accounts Payable for the six months ended in Jun. 2023 was £1.12 Mil. Xtract Resources's Cost of Goods Sold for the six months ended in Jun. 2023 was £0.60 Mil. Hence, Xtract Resources's Days Payable for the six months ended in Jun. 2023 was 338.89.

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

LSE:XTR' s Days Payable Range Over the Past 10 Years
Min: 198.8 Med: 323.11 Max: 2293.29
Current: 277.23

During the past 13 years, Xtract Resources's highest Days Payable was 2293.29. The lowest was 198.80. And the median was 323.11.

LSE:XTR's Days Payable is ranked better than
58.78% of 1065 companies
in the Metals & Mining industry
Industry Median: 136.2 vs LSE:XTR: 277.23

Xtract Resources's Days Payable declined from Jun. 2022 (456.38) to Jun. 2023 (338.89). It may suggest that Xtract Resources accelerated paying its suppliers.

Xtract Resources Days Payable Historical Data

The historical data trend for Xtract 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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Xtract Resources Days Payable Chart

Xtract Resources Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

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283.28

198.80

251.62

1,051.06

323.11

Xtract Resources Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Days Payable	Get a 7-Day Free Trial															601.93	716.89	456.38	198.19	338.89

Competitive Comparison of Xtract Resources's Days Payable

For the Gold subindustry, Xtract 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.

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

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

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

Xtract 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.

Xtract Resources's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (2.226	+	0.759)	/	2 )	/	1.686	*	365
=	1.4925					/	1.686	*	365
=	323.11

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

	Days Payable (Q: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2022 )	+	Accounts Payable (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (0.759	+	1.473)	/	2 )	/	0.601	*	365 / 2
=	1.116					/	0.601	*	365 / 2
=	338.89

Xtract Resources Days Payable Related Terms

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Xtract Resources (LSE:XTR) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

7/8 Kendrick Mews, 1st Floor, South Kensington, London, GBR, SW7 3HG

Website

https://www.xtractresources.com

Xtract Resources PLC is a resource, development, & mining company focused on acquiring brownfield resource projects with a view to releasing value for its shareholders. It is currently focused on the Manica Gold Project & Manica Alluvials Project in Mozambique, Eureka Copper Project, and Kalengwa Processing Copper Project in Zambia. The company generates revenues from the sales of gold bars. Its operating segment includes the Operating gold mining segment in Mozambique, Mine Development in Mozambique, Exploration, Investment & other, and Alluvial Gold Mining Production. The majority of revenue is from the Alluvial Gold Mining Production segment.

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