Western Gold Resources (ASX:WGR) Days Payable : 0.00 (As of Dec. 2023)

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What is Western Gold Resources Days Payable?

Western Gold Resources's average Accounts Payable for the six months ended in Dec. 2023 was A$0.15 Mil. Western Gold 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 Western Gold Resources's Days Payable or its related term are showing as below:

ASX:WGR's Days Payable is not ranked ^*
in the Metals & Mining industry.
Industry Median: 138.82
* Ranked among companies with meaningful Days Payable only.

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

Western Gold Resources Days Payable Historical Data

The historical data trend for Western Gold 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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Western Gold Resources Days Payable Chart

Western Gold Resources Annual Data

Trend

Jun21

Jun22

Jun23

Days Payable

Western Gold Resources Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial			-	-	-	-	-

Competitive Comparison of Western Gold Resources's Days Payable

For the Gold subindustry, Western Gold 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.

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

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

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

Western Gold 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.

Western Gold 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
=	( (0.421	+	0.2)	/	2 )	/	0	*	365
=	0.3105					/	0	*	365
=	N/A

Western Gold 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
=	( (0.2	+	0.102)	/	2 )	/	0	*	365 / 2
=	0.151					/	0	*	365 / 2
=	N/A

Western Gold Resources Days Payable Related Terms

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Western Gold Resources (ASX:WGR) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

46 Colin Street, Level 4, West Perth, Perth, AUS, 6005

Website

https://www.westerngoldresources.com.au

Western Gold Resources Ltd focuses on the exploration of gold properties in Western Australia and West Africa. The company intends to explore the Wiluna West Gold Project located near the town of Wiluna in the Midwest region of Western Australia.

Western Gold Resources (ASX:WGR) Headlines

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