DRA Global (ASX:DRA) Days Payable : 32.76 (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is DRA Global Days Payable?

DRA Global's average Accounts Payable for the six months ended in Dec. 2023 was A$62.8 Mil. DRA Global's Cost of Goods Sold for the six months ended in Dec. 2023 was A$349.9 Mil. Hence, DRA Global's Days Payable for the six months ended in Dec. 2023 was 32.76.

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

ASX:DRA' s Days Payable Range Over the Past 10 Years
Min: 17.66 Med: 26.53 Max: 33.6
Current: 29.23

During the past 4 years, DRA Global's highest Days Payable was 33.60. The lowest was 17.66. And the median was 26.53.

ASX:DRA's Days Payable is ranked worse than
89.28% of 1604 companies
in the Construction industry
Industry Median: 75.68 vs ASX:DRA: 29.23

DRA Global's Days Payable declined from Dec. 2022 (43.44) to Dec. 2023 (32.76). It may suggest that DRA Global accelerated paying its suppliers.

DRA Global Days Payable Historical Data

The historical data trend for DRA Global'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.

DRA Global Days Payable Chart

DRA Global Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Payable

33.60

26.53

17.66

DRA Global Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	-	40.22	43.44	37.43	32.76

Competitive Comparison of DRA Global's Days Payable

For the Engineering & Construction subindustry, DRA Global'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.

DRA Global's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, DRA Global's Days Payable distribution charts can be found below:

* The bar in red indicates where DRA Global's Days Payable falls into.

DRA Global 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.

DRA Global'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
=	( (37.132	+	28.398)	/	2 )	/	677.384	*	365
=	32.765					/	677.384	*	365
=	17.66

DRA Global'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
=	( (97.215	+	28.398)	/	2 )	/	349.864	*	365 / 2
=	62.8065					/	349.864	*	365 / 2
=	32.76

DRA Global Days Payable Related Terms

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

DRA Global (ASX:DRA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » DRA Global Ltd (ASX:DRA) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

DRA:South Africa

Address

256 Adelaide Terrace, Level 8, Perth, WA, AUS, 6000

Website

https://www.draglobal.com

DRA Global Ltd is a diversified global engineering, project delivery, and operations management group. It provides engineering excellence through all stages of the project life cycle from concept through delivery, commissioning, operations, and rehabilitation. DRA has expertise in mining, minerals and metals processing, and related non-process infrastructure, including ESG, water, and energy solutions for the mining industry. Some of its projects are Elikhulu Gold, Yangibana Rare Earths Project, and Northam Platinum among others.

DRA Global (ASX:DRA) Headlines

No Headlines