Northern Star Resources (ASX:NST) Days Payable : 20.40 (As of Dec. 2023)

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What is Northern Star Resources Days Payable?

Northern Star Resources's average Accounts Payable for the six months ended in Dec. 2023 was A$187 Mil. Northern Star Resources's Cost of Goods Sold for the six months ended in Dec. 2023 was A$1,674 Mil. Hence, Northern Star Resources's Days Payable for the six months ended in Dec. 2023 was 20.40.

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

ASX:NST' s Days Payable Range Over the Past 10 Years
Min: 5.19 Med: 21.14 Max: 43.25
Current: 29.23

During the past 13 years, Northern Star Resources's highest Days Payable was 43.25. The lowest was 5.19. And the median was 21.14.

ASX:NST's Days Payable is ranked worse than
85.94% of 1067 companies
in the Metals & Mining industry
Industry Median: 129.97 vs ASX:NST: 29.23

Northern Star Resources's Days Payable increased from Dec. 2022 (19.60) to Dec. 2023 (20.40). It may suggest that Northern Star Resources delayed paying its suppliers.

Northern Star Resources Days Payable Historical Data

The historical data trend for Northern Star 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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Northern Star Resources Days Payable Chart

Northern Star Resources Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Payable

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20.35

14.75

7.81

5.19

5.64

Northern Star 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															21.26	21.03	19.60	27.33	20.40

Competitive Comparison of Northern Star Resources's Days Payable

For the Gold subindustry, Northern Star 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.

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

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

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

Northern Star 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.

Northern Star 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
=	( (45.5	+	39.9)	/	2 )	/	2764.4	*	365
=	42.7					/	2764.4	*	365
=	5.64

Northern Star 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
=	( (39.9	+	334.4)	/	2 )	/	1673.9	*	365 / 2
=	187.15					/	1673.9	*	365 / 2
=	20.40

Northern Star Resources Days Payable Related Terms

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Northern Star Resources (ASX:NST) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

NSTYY:USA NESRF:USA NS7:Germany

Address

500 Hay Street, Level 4, Subiaco, Perth, WA, AUS, 6008

Website

https://www.nsrltd.com

Northern Star is an Australia-based midtier global gold miner that sold around 1.6 million ounces of gold in fiscal 2023 from its three wholly owned mining operations in Australia and Alaska. Its current operations are the result of significant merger and acquisition activity including 13 acquisitions and four asset sales since 2010. Northern Star had roughly a decade of reserves at the end of fiscal 2023.

Northern Star Resources (ASX:NST) Headlines

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