Rainbow Rare Earths (Rainbow Rare Earths) Days Payable : 0.00 (As of Dec. 2023)

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What is Rainbow Rare Earths Days Payable?

Rainbow Rare Earths's average Accounts Payable for the six months ended in Dec. 2023 was $0.47 Mil. Rainbow Rare Earths's Cost of Goods Sold for the six months ended in Dec. 2023 was $0.00 Mil.

The historical rank and industry rank for Rainbow Rare Earths's Days Payable or its related term are showing as below:

During the past 10 years, Rainbow Rare Earths's highest Days Payable was 266.56. The lowest was 47.76. And the median was 107.08.

RBWRF's Days Payable is not ranked ^*
in the Metals & Mining industry.
Industry Median: 128.84
* Ranked among companies with meaningful Days Payable only.

Rainbow Rare Earths's Days Payable stayed the same from Dec. 2022 (0.00) to Dec. 2023 (0.00).

Rainbow Rare Earths Days Payable Historical Data

The historical data trend for Rainbow Rare Earths'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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Rainbow Rare Earths Days Payable Chart

Rainbow Rare Earths Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Payable

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48.54

269.21

94.82

Rainbow Rare Earths Semi-Annual Data
	Jun14	Jun15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial													-	-	-	-	-

Competitive Comparison of Rainbow Rare Earths's Days Payable

For the Other Industrial Metals & Mining subindustry, Rainbow Rare Earths'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.

Rainbow Rare Earths's Days Payable Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Rainbow Rare Earths's Days Payable falls into.

Rainbow Rare Earths 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.

Rainbow Rare Earths's Days Payable for the fiscal year that ended in Jun. 2023 is calculated as

	Days Payable (A: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2022 )	+	Accounts Payable (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (0.174	+	0.124)	/	2 )	/	0	*	365
=	0.149					/	0	*	365
=	N/A

Rainbow Rare Earths'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: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (0.124	+	0.818)	/	2 )	/	0	*	365 / 2
=	0.471					/	0	*	365 / 2
=	N/A

Rainbow Rare Earths Days Payable Related Terms

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Rainbow Rare Earths (Rainbow Rare Earths) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Rainbow Rare Earths Ltd (OTCPK:RBWRF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

RBWl:UK RBW:UK GBP:Germany

Address

St Julian's Avenue, Connaught House, Saint Peter Port, GGY, GY1 3EL

Website

https://www.rainbowrareearths.com

Rainbow Rare Earths Ltd aims to be a forerunner in the establishment of an independent and ethical supply chain of the rare earth elements that are driving the green energy transition. It is doing this successfully via the identification and development of secondary rare earth deposits that can be brought into production quicker and at a lower cost than traditional hard rock mining projects, with a focus on the magnet rare earth elements neodymium & praseodymium, dysprosium & terbium. It is focused on the development of the Phalaborwa Project and the earlier stage Uberaba Project. Both projects entail the recovery of rare earths from phosphogypsum stacks that occur as the by-product of phosphoric acid production, with the original source rock for both deposits being a hardrock carbonatite.

Rainbow Rare Earths (Rainbow Rare Earths) Headlines

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