Nexa Resources (Nexa Resources) Days Payable : 64.57 (As of Dec. 2023)

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What is Nexa Resources Days Payable?

Nexa Resources's average Accounts Payable for the three months ended in Dec. 2023 was $397 Mil. Nexa Resources's Cost of Goods Sold for the three months ended in Dec. 2023 was $561 Mil. Hence, Nexa Resources's Days Payable for the three months ended in Dec. 2023 was 64.57.

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

NEXA' s Days Payable Range Over the Past 10 Years
Min: 59.66 Med: 69.16 Max: 90.8
Current: 59.66

During the past 10 years, Nexa Resources's highest Days Payable was 90.80. The lowest was 59.66. And the median was 69.16.

NEXA's Days Payable is ranked worse than
68.73% of 1065 companies
in the Metals & Mining industry
Industry Median: 130.91 vs NEXA: 59.66

Nexa Resources's Days Payable increased from Dec. 2022 (50.11) to Dec. 2023 (64.57). It may suggest that Nexa Resources delayed paying its suppliers.

Nexa Resources Days Payable Historical Data

The historical data trend for Nexa 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.

* Premium members only.

Nexa Resources Days Payable Chart

Nexa Resources Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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75.08

90.80

71.75

62.91

69.37

Nexa Resources Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															50.11	60.64	52.68	51.26	64.57

Competitive Comparison of Nexa Resources's Days Payable

For the Other Industrial Metals & Mining subindustry, Nexa 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.

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

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

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

Nexa 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.

Nexa 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
=	( (413.856	+	451.603)	/	2 )	/	2276.757	*	365
=	432.7295					/	2276.757	*	365
=	69.37

Nexa 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: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (342.881	+	451.603)	/	2 )	/	561.374	*	365 / 4
=	397.242					/	561.374	*	365 / 4
=	64.57

Nexa Resources Days Payable Related Terms

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Nexa Resources (Nexa Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Nexa Resources SA (NYSE:NEXA) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

NE0:Germany NE0:Germany

Address

37A, Avenue J.F. Kennedy, Luxembourg, LUX, L-1855

Website

https://www.nexaresources.com

Nexa Resources SA is a low-cost integrated zinc producer. It produces copper, lead, silver, and gold as byproducts. The company operates through two segments namely Mining and Smelting. Its Mining segment consists of various operating units includes mineral exploration activities and the production of zinc concentrates, copper concentrates and lead concentrates. The Smelting segment comprises operating units which include facilities recovering and refining zinc metal out of feed materials such as zinc concentrates or secondary feed materials. It generates maximum revenue from the Smelting segment. Geographically It has a presence in Brazil, Peru, the United States of America, Switzerland, Japan, Argentina, South Korea, Colombia, Vietnam, Malaysia and other countries.