Calidus Resources (ASX:CAI) Days Payable : 58.50 (As of Dec. 2023)

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What is Calidus Resources Days Payable?

Calidus Resources's average Accounts Payable for the six months ended in Dec. 2023 was A$24.35 Mil. Calidus Resources's Cost of Goods Sold for the six months ended in Dec. 2023 was A$75.95 Mil. Hence, Calidus Resources's Days Payable for the six months ended in Dec. 2023 was 58.50.

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

ASX:CAI' s Days Payable Range Over the Past 10 Years
Min: 93.39 Med: 1036.31 Max: 36568.44
Current: 111.05

During the past 13 years, Calidus Resources's highest Days Payable was 36568.44. The lowest was 93.39. And the median was 1036.31.

ASX:CAI's Days Payable is ranked worse than
54.03% of 1068 companies
in the Metals & Mining industry
Industry Median: 136.695 vs ASX:CAI: 111.05

Calidus Resources's Days Payable increased from Dec. 2022 (0.00) to Dec. 2023 (58.50). It may suggest that Calidus Resources delayed paying its suppliers.

Calidus Resources Days Payable Historical Data

The historical data trend for Calidus 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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Calidus Resources Days Payable Chart

Calidus Resources Annual Data

Trend

Jun13

Jun14

Jun15

Jun16

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Payable

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93.39

Calidus Resources Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial															-	-	-	-	58.50

Competitive Comparison of Calidus Resources's Days Payable

For the Gold subindustry, Calidus 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.

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

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

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

Calidus 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.

Calidus 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
=	( (15.83	+	14.741)	/	2 )	/	59.744	*	365
=	15.2855					/	59.744	*	365
=	93.39

Calidus 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
=	( (14.741	+	33.951)	/	2 )	/	75.952	*	365 / 2
=	24.346					/	75.952	*	365 / 2
=	58.50

Calidus Resources Days Payable Related Terms

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Calidus Resources (ASX:CAI) Business Description

Industry

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

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Traded in Other Exchanges

CALRF:USA

Address

11 Ventnor Avenue, Suite 12, West Perth, Perth, WA, AUS, 6005

Website

https://www.calidus.com.au

Calidus Resources Ltd is gold mining and mineral exploration company. It interests in Warrawoona Gold Project in the East Pilbara district of the Pilbara Goldfield in Western Australia. It also targets Blue Spec Project and the Otways Prospect. The company earns maximum revenue from Gold sales.