Wesizwe Platinum (JSE:WEZ) Days Payable : 2,121.80 (As of Dec. 2023)

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What is Wesizwe Platinum Days Payable?

Wesizwe Platinum's average Accounts Payable for the six months ended in Dec. 2023 was R237.07 Mil. Wesizwe Platinum's Cost of Goods Sold for the six months ended in Dec. 2023 was R20.39 Mil. Hence, Wesizwe Platinum's Days Payable for the six months ended in Dec. 2023 was 2,121.80.

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

JSE:WEZ' s Days Payable Range Over the Past 10 Years
Min: 1438.65 Med: 3527.96 Max: 5931.2
Current: 2045.94

During the past 13 years, Wesizwe Platinum's highest Days Payable was 5931.20. The lowest was 1438.65. And the median was 3527.96.

JSE:WEZ's Days Payable is ranked better than
73.2% of 1067 companies
in the Metals & Mining industry
Industry Median: 131.81 vs JSE:WEZ: 2045.94

Wesizwe Platinum's Days Payable declined from Dec. 2022 (2,145.79) to Dec. 2023 (2,121.80). It may suggest that Wesizwe Platinum accelerated paying its suppliers.

Wesizwe Platinum Days Payable Historical Data

The historical data trend for Wesizwe Platinum'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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Wesizwe Platinum Days Payable Chart

Wesizwe Platinum Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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4,877.46

5,931.20

4,829.86

2,901.12

1,438.65

Wesizwe Platinum Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial															-	3,574.31	2,145.79	2,583.45	2,121.80

Competitive Comparison of Wesizwe Platinum's Days Payable

For the Other Industrial Metals & Mining subindustry, Wesizwe Platinum'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.

Wesizwe Platinum's Days Payable Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Wesizwe Platinum's Days Payable falls into.

Wesizwe Platinum 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.

Wesizwe Platinum'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
=	( (202.732	+	114.576)	/	2 )	/	40.252	*	365
=	158.654					/	40.252	*	365
=	1,438.65

Wesizwe Platinum'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
=	( (359.568	+	114.576)	/	2 )	/	20.391	*	365 / 2
=	237.072					/	20.391	*	365 / 2
=	2,121.80

Wesizwe Platinum Days Payable Related Terms

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Wesizwe Platinum (JSE:WEZ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Wesizwe Platinum Ltd (JSE:WEZ) » Definitions » Days Payable

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WSZWF:USA

Address

9 Autumn Road, Wesizwe House, Devcon Park, Rivonia Extension 3, Johannesburg, ZAF, 2128

Website

https://www.wesizwe.co.za

Wesizwe Platinum Ltd is an African company. It's engaged in mining exploration and infrastructure development. The primary focus of the company is the exploration of Platinum group metals and strategic metals from its Bakubung platinum mine project located in Africa. The company does not generate cash flows from operations to fund its activities and therefore relies upon the issuance of securities for financing. The company has not determined yet whether its properties contain mineral reserves that are economically recoverable.

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