Reach Resources (ASX:RR1) Days Payable : 0.00 (As of Dec. 2023)

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What is Reach Resources Days Payable?

Reach Resources's average Accounts Payable for the six months ended in Dec. 2023 was A$0.74 Mil. Reach 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 Reach Resources's Days Payable or its related term are showing as below:

ASX:RR1's Days Payable is not ranked ^*
in the Metals & Mining industry.
Industry Median: 136.695
* Ranked among companies with meaningful Days Payable only.

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

Reach Resources Days Payable Historical Data

The historical data trend for Reach 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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Reach Resources Days Payable Chart

Reach Resources Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Payable

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Reach Resources 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															-	-	-	-	-

Competitive Comparison of Reach Resources's Days Payable

For the Gold subindustry, Reach 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.

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

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

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

Reach 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.

Reach 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
=	( (0.105	+	0.519)	/	2 )	/	0	*	365
=	0.312					/	0	*	365
=	N/A

Reach 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
=	( (0.519	+	0.957)	/	2 )	/	0	*	365 / 2
=	0.738					/	0	*	365 / 2
=	N/A

Reach Resources Days Payable Related Terms

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Reach Resources (ASX:RR1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Reach Resources Ltd (ASX:RR1) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

216 St Georges Terrace, Level 4, South Perth, Perth, WA, AUS, 6000

Website

https://www.reachresources.com.au

Reach Resources Ltd is a gold and base metals exploration company. It is currently involved in the Primrose Gold Project and the Skyline Rare Earth project. Skyline Rare Earth project is in the Gascoyne province of Western Australia. The Company acquired additional rare earth ground via Critical Elements Pty Ltd which is approximately 80km south of the Skyline Rare Earth project.

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