GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Shanta Gold Ltd (LSE:SHG) » Definitions » Days Payable

Shanta Gold (LSE:SHG) Days Payable : 76.91 (As of Jun. 2023)


View and export this data going back to 2005. Start your Free Trial

What is Shanta Gold Days Payable?

Shanta Gold's average Accounts Payable for the six months ended in Jun. 2023 was £19.9 Mil. Shanta Gold's Cost of Goods Sold for the six months ended in Jun. 2023 was £47.2 Mil. Hence, Shanta Gold's Days Payable for the six months ended in Jun. 2023 was 76.91.

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

LSE:SHG' s Days Payable Range Over the Past 10 Years
Min: 10.34   Med: 33.52   Max: 86.72
Current: 86.72

During the past 13 years, Shanta Gold's highest Days Payable was 86.72. The lowest was 10.34. And the median was 33.52.

LSE:SHG's Days Payable is ranked worse than
58.43% of 1068 companies
in the Metals & Mining industry
Industry Median: 136.695 vs LSE:SHG: 86.72

Shanta Gold's Days Payable declined from Jun. 2022 (79.22) to Jun. 2023 (76.91). It may suggest that Shanta Gold accelerated paying its suppliers.

Shanta Gold Days Payable Historical Data

The historical data trend for Shanta Gold'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.

Shanta Gold Days Payable Chart

Shanta Gold Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 40.58 35.56 35.66 41.94 60.32

Shanta Gold Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 47.39 56.43 79.22 87.79 76.91

Competitive Comparison of Shanta Gold's Days Payable

For the Gold subindustry, Shanta Gold'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.

Shanta Gold's Days Payable Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Shanta Gold's Days Payable falls into.


Shanta Gold 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.

Shanta Gold's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

Days Payable (A: Dec. 2022 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2021 ) + Accounts Payable (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (8.34 + 15.716) / 2 ) / 72.781*365
=12.028 / 72.781*365
=60.32

Shanta Gold's Days Payable for the quarter that ended in Jun. 2023 is calculated as:

Days Payable (Q: Jun. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2022 ) + Accounts Payable (Q: Jun. 2023 )) / count ) / Cost of Goods Sold (Q: Jun. 2023 )*Days in Period
=( (15.716 + 24.108) / 2 ) / 47.247*365 / 2
=19.912 / 47.247*365 / 2
=76.91

* 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.

Shanta Gold Days Payable Related Terms

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

Shanta Gold (LSE:SHG) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Shanta Gold Ltd (LSE:SHG) » Definitions » Days Payable
Comparable Companies
LSE:MTL LSE:AAZ LSE:HUM LSE:CNR LSE:SRB LSE:ALTN LSE:KEFI LSE:GGP LSE:AAU LSE:CGH SHSE:601899 NEM TSX:AEM TSX:ABX TSX:WPM TSX:FNV SHSE:600547 JSE:GFI MIC:PLZL ASX:NST
Traded in Other Exchanges
35S:Germany
Address
11 New Street, St Peter Port, GGY, GY1 2PF
Website
https://www.shantagold.com
Shanta Gold Ltd is a gold-producing company in Tanzania. It is organized into one main operating segment which includes mining, processing, exploration, and related activities. Its main project operations are the New Luika gold mine, Singida, and Songea. Its New Luika gold mine project is located in Tanzania and is in the Songwe District of Southwestern Tanzania. It Singida project is located in the Ikungi administrative district of the Singida region, central Tanzania.