Resurgere Mines & Minerals India (NSE:RMMIL) Days Payable : 0.00 (As of Mar. 2018)

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What is Resurgere Mines & Minerals India Days Payable?

Resurgere Mines & Minerals India's average Accounts Payable for the six months ended in Mar. 2018 was ₹1,530.77 Mil. Resurgere Mines & Minerals India's Cost of Goods Sold for the six months ended in Mar. 2018 was ₹0.00 Mil.

The historical rank and industry rank for Resurgere Mines & Minerals India's Days Payable or its related term are showing as below:

NSE:RMMIL's Days Payable is not ranked ^*
in the Metals & Mining industry.
Industry Median: 136.2
* Ranked among companies with meaningful Days Payable only.

Resurgere Mines & Minerals India's Days Payable declined from Mar. 2016 (157,367.90) to Mar. 2018 (0.00). It may suggest that Resurgere Mines & Minerals India accelerated paying its suppliers.

Resurgere Mines & Minerals India Days Payable Historical Data

The historical data trend for Resurgere Mines & Minerals India'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.

Resurgere Mines & Minerals India Days Payable Chart

Resurgere Mines & Minerals India Annual Data

Trend

Mar09

Mar10

Mar11

Mar12

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Days Payable

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200,809.64

307,334.87

157,367.90

Resurgere Mines & Minerals India Semi-Annual Data
	Mar08	Mar09	Mar10	Mar11	Mar12	Mar13	Mar14	Mar15	Mar16	Mar17	Mar18
Days Payable	Get a 7-Day Free Trial						200,809.64	307,334.87	157,367.90	-	-

Competitive Comparison of Resurgere Mines & Minerals India's Days Payable

For the Other Industrial Metals & Mining subindustry, Resurgere Mines & Minerals India'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.

Resurgere Mines & Minerals India's Days Payable Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Resurgere Mines & Minerals India's Days Payable distribution charts can be found below:

* The bar in red indicates where Resurgere Mines & Minerals India's Days Payable falls into.

Resurgere Mines & Minerals India 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.

Resurgere Mines & Minerals India's Days Payable for the fiscal year that ended in Mar. 2018 is calculated as

	Days Payable (A: Mar. 2018 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2017 )	+	Accounts Payable (A: Mar. 2018 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2018 )	*	Days in Period
=	( (1531.053	+	1530.493)	/	2 )	/	0	*	365
=	1530.773					/	0	*	365
=	N/A

Resurgere Mines & Minerals India's Days Payable for the quarter that ended in Mar. 2018 is calculated as:

	Days Payable (Q: Mar. 2018 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2017 )	+	Accounts Payable (Q: Mar. 2018 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2018 )	*	Days in Period
=	( (1531.053	+	1530.493)	/	2 )	/	0	*	365 / 2
=	1530.773					/	0	*	365 / 2
=	N/A

Resurgere Mines & Minerals India Days Payable Related Terms

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Resurgere Mines & Minerals India (NSE:RMMIL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Resurgere Mines & Minerals India Ltd (NSE:RMMIL) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

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Address

15, Morvi House, 28/30, Goa Street, Ballard Estate, 1st Floor, Mumbai, MH, IND, 400038

Website

http://www.resurgere.in

Resurgere Mines & Minerals India Ltd is engaged in extraction, processing, and sale of iron ore, bauxite and soapstone products and exploration & development of mining assets. The company's products portfolio consists of Lump Ore, Size Ore, Calibrated Lump Ore, Iron Ore Fines, and Bauxite. It operates two mines contracts, Iron Ore mine situated at Satarda and Bauxite mine situated at Mahalmiriya. It owns two mines, Soapstone mine situated at Dhelana in the state of Rajasthan and Bauxite mine situated at Yelwan Jugai, Maharashtra. Majority of the revenue is derived from its only segment Mining & Trading of Minerals.

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