Polymetals Resources (ASX:POL) Days Payable : 0.00 (As of Dec. 2023)

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What is Polymetals Resources Days Payable?

Polymetals Resources's average Accounts Payable for the six months ended in Dec. 2023 was A$1.31 Mil. Polymetals Resources's Cost of Goods Sold for the six months ended in Dec. 2023 was A$0.00 Mil.

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

ASX:POL's Days Payable is not ranked ^*
in the Metals & Mining industry.
Industry Median: 136.25
* Ranked among companies with meaningful Days Payable only.

Polymetals Resources's Days Payable stayed the same from Dec. 2022 (0.00) to Dec. 2023 (0.00).

Polymetals Resources Days Payable Historical Data

The historical data trend for Polymetals 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.

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Polymetals Resources Days Payable Chart

Polymetals Resources Annual Data

Trend

Jun21

Jun22

Jun23

Days Payable

Polymetals Resources Semi-Annual Data
	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial			-	-	-	-	-

Competitive Comparison of Polymetals Resources's Days Payable

For the Gold subindustry, Polymetals 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.

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

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

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

Polymetals 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.

Polymetals Resources'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
=	( (0.106	+	1.109)	/	2 )	/	0	*	365
=	0.6075					/	0	*	365
=	N/A

Polymetals Resources'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
=	( (1.109	+	1.507)	/	2 )	/	0	*	365 / 2
=	1.308					/	0	*	365 / 2
=	N/A

Polymetals Resources Days Payable Related Terms

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Polymetals Resources (ASX:POL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Polymetals Resources Ltd (ASX:POL) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

101 Main Street, Unit 1, Alstonville, NSW, AUS, 2477

Website

https://www.polymetals.com

Polymetals Resources Ltd is an Australian mining and exploration company focused on gold exploration within Guinea. The key projects within the portfolio are known as Alahine and Mansala with both licenses hosting prolific historic and current artisanal gold mining and production.

Polymetals Resources (ASX:POL) Headlines

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