GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Iluka Resources Ltd (STU:ILZ) » Definitions » Days Payable

Iluka Resources (STU:ILZ) Days Payable : 143.84 (As of Jun. 2024)


View and export this data going back to 2012. Start your Free Trial

What is Iluka Resources Days Payable?

Iluka Resources's average Accounts Payable for the six months ended in Jun. 2024 was €111.3 Mil. Iluka Resources's Cost of Goods Sold for the six months ended in Jun. 2024 was €141.2 Mil. Hence, Iluka Resources's Days Payable for the six months ended in Jun. 2024 was 143.84.

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

STU:ILZ' s Days Payable Range Over the Past 10 Years
Min: 22.76   Med: 88.61   Max: 162.63
Current: 162.63

During the past 13 years, Iluka Resources's highest Days Payable was 162.63. The lowest was 22.76. And the median was 88.61.

STU:ILZ's Days Payable is ranked better than
53.22% of 1041 companies
in the Metals & Mining industry
Industry Median: 129.57 vs STU:ILZ: 162.63

Iluka Resources's Days Payable increased from Jun. 2023 (118.72) to Jun. 2024 (143.84). It may suggest that Iluka Resources delayed paying its suppliers.


Iluka Resources Days Payable Historical Data

The historical data trend for Iluka 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.

Iluka Resources Days Payable Chart

Iluka Resources Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 120.32 139.05 86.10 123.44 156.67

Iluka Resources Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 136.29 138.65 118.72 195.35 143.84

Competitive Comparison of Iluka Resources's Days Payable

For the Other Industrial Metals & Mining subindustry, Iluka 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.


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

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

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



Iluka 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.

Iluka 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
=( (91.534 + 108.641) / 2 ) / 233.178*365
=100.0875 / 233.178*365
=156.67

Iluka Resources's Days Payable for the quarter that ended in Jun. 2024 is calculated as:

Days Payable (Q: Jun. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2023 ) + Accounts Payable (Q: Jun. 2024 )) / count ) / Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=( (108.641 + 113.935) / 2 ) / 141.2*365 / 2
=111.288 / 141.2*365 / 2
=143.84

* 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.


Iluka Resources Days Payable Related Terms

Thank you for viewing the detailed overview of Iluka Resources's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.


Iluka Resources Business Description

Traded in Other Exchanges
Address
240 Street Georges Terrace, Level 17, Perth, WA, AUS, 6000
Iluka Resources is a leading global mineral sands miner. It is the largest global producer of zircon, and one of the largest producers of titanium dioxide feedstocks (rutile, synthetic rutile). Low zircon costs are underpinned by the high-grade Jacinth-Ambrosia mine in South Australia but reserve life is less than 10 years. A 20% shareholding in Deterra Royalties brings exposure to the high-quality Mining Area C iron ore royalty. Iluka is constructing its West Balranald rutile and zircon mine while also building a rare-earth refinery at Eneabba, which will be able to process Iluka's existing monazite stockpile as well as feed from third parties and future Iluka projects.

Iluka Resources Headlines

No Headlines