Mincor Resources NL (Mincor Resources NL) Days Payable : 160.86 (As of Dec. 2022)

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What is Mincor Resources NL Days Payable?

Mincor Resources NL's average Accounts Payable for the six months ended in Dec. 2022 was $18.15 Mil. Mincor Resources NL's Cost of Goods Sold for the six months ended in Dec. 2022 was $20.59 Mil. Hence, Mincor Resources NL's Days Payable for the six months ended in Dec. 2022 was 160.86.

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

MCRZY' s Days Payable Range Over the Past 10 Years
Min: 27.32 Med: 110.42 Max: 173.28
Current: 179.93

During the past 13 years, Mincor Resources NL's highest Days Payable was 173.28. The lowest was 27.32. And the median was 110.42.

MCRZY's Days Payable is not ranked
in the Metals & Mining industry.
Industry Median: 130.44 vs MCRZY: 179.93

Mincor Resources NL's Days Payable increased from Dec. 2021 (0.00) to Dec. 2022 (160.86). It may suggest that Mincor Resources NL delayed paying its suppliers.

Mincor Resources NL Days Payable Historical Data

The historical data trend for Mincor Resources NL'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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Mincor Resources NL Days Payable Chart

Mincor Resources NL Annual Data

Trend

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Days Payable

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28.01

37.97

74.93

Mincor Resources NL Semi-Annual Data
	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22
Days Payable	Get a 7-Day Free Trial															-	-	-	116.33	160.86

Competitive Comparison of Mincor Resources NL's Days Payable

For the Other Industrial Metals & Mining subindustry, Mincor Resources NL'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.

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

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

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

Mincor Resources NL 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.

Mincor Resources NL's Days Payable for the fiscal year that ended in Jun. 2022 is calculated as

	Days Payable (A: Jun. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2021 )	+	Accounts Payable (A: Jun. 2022 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2022 )	*	Days in Period
=	( (0.593	+	3.657)	/	2 )	/	10.352	*	365
=	2.125					/	10.352	*	365
=	74.93

Mincor Resources NL's Days Payable for the quarter that ended in Dec. 2022 is calculated as:

	Days Payable (Q: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2022 )	+	Accounts Payable (Q: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2022 )	*	Days in Period
=	( (3.657	+	32.638)	/	2 )	/	20.589	*	365 / 2
=	18.1475					/	20.589	*	365 / 2
=	160.86

Mincor Resources NL Days Payable Related Terms

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Mincor Resources NL (Mincor Resources NL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Mincor Resources NL (OTCPK:MCRZY) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

8 Richardson Street, Level 1, West Perth, Perth, WA, AUS, 6005

Website

https://www.mincor.com.au

Mincor Resources NL is an Australian mining company. The company has two segments namely Kambalda Nickel Operations and Exploration. It operates within the geographical area of Australia.

Mincor Resources NL (Mincor Resources NL) Headlines

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