Florin Mining Investment Company (XNEC:FMI) Days Payable: 0.00 (As of . 20)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Florin Mining Investment Company Days Payable?

Florin Mining Investment Company XNEC:FMI Days Payable is 0.00 as of . 20.

Florin Mining Investment Company's average Accounts Payable for the six months ended in . 20 was A$0.00 Mil. Florin Mining Investment Company's Cost of Goods Sold for the six months ended in . 20 was A$0.00 Mil.

The historical rank and industry rank for Florin Mining Investment Company's Days Payable or its related term are showing as below:

XNEC:FMI's Days Payable is not ranked *
in the Asset Management industry.
Industry Median: 69.3
* Ranked among companies with meaningful Days Payable only.

Florin Mining Investment Company's Days Payable stayed the same from . 20 (0.00) to . 20 (0.00).

Florin Mining Investment Company Days Payable Related Terms

Florin Mining Investment Company Days Payable Historical Data

* Premium members only.

The historical data trend for Florin Mining Investment Company'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.

Florin Mining Investment Company Days Payable Chart

Florin Mining Investment Company Annual Data
Trend
Days Payable

Florin Mining Investment Company Semi-Annual Data
Days Payable

XNEC:FMI vs : Days Payable Comparison

For the Asset Management subindustry, Florin Mining Investment Company'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.

Florin Mining Investment Company Days Payable vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Florin Mining Investment Company's Days Payable distribution charts can be found below:

* The bar in red indicates where Florin Mining Investment Company's Days Payable falls into.


Florin Mining Investment Company 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.

Florin Mining Investment Company's Days Payable for the fiscal year that ended in . 20 is calculated as

Days Payable (A: . 20 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: . 20 ) + Accounts Payable (A: . 20 )) / count ) / Cost of Goods Sold (A: . 20 )*Days in Period
=( ( + ) / 1 ) / *365
=0 / *365
=N/A

Florin Mining Investment Company's Days Payable for the quarter that ended in . 20 is calculated as:

Days Payable (Q: . 20 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: . 20 ) + Accounts Payable (Q: . 20 )) / count ) / Cost of Goods Sold (Q: . 20 )*Days in Period
=( ( + ) / 1 ) / *365 / 2
=0 / *365 / 2
=N/A

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 0.00 mean?
Florin Mining Investment Company (XNEC:FMI) has a Days Payable of 0.00 as of . 20. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Florin Mining Investment Company and its competitors.
Is Florin Mining Investment Company's Days Payable too high?
Florin Mining Investment Company's current Days Payable is 0.00.
How does Florin Mining Investment Company's Days Payable compare to ?
Florin Mining Investment Company's Days Payable of 0.00 can be compared against companies in the Asset Management industry. The industry median Days Payable is 69.30. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for an Asset Management company?
The median Days Payable among Asset Management companies is 69.30, based on 486 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Florin Mining Investment Company and its competitors. For the Asset Management industry, the median Days Payable is 69.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Florin Mining Investment Company's current Days Payable is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Florin Mining Investment Company stock overvalued right now?
Florin Mining Investment Company (XNEC:FMI) has a current Days Payable of 0.00. The current Days Payable is 0.00. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Florin Mining Investment Company (XNEC:FMI), the current Days Payable is 0.00 as of . 20. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Florin Mining Investment Company Business Description

Comparable Companies
Address 10 Murray Street, Hamilton, NSW, AUS, 2303
Florin Mining Investment Company Ltd is an investment company. It invests in securities and generates revenue through dividend income.