Andrada Mining (Andrada Mining) Days Payable : 52.30 (As of Aug. 2023)

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What is Andrada Mining Days Payable?

Andrada Mining's average Accounts Payable for the six months ended in Aug. 2023 was $2.67 Mil. Andrada Mining's Cost of Goods Sold for the six months ended in Aug. 2023 was $9.31 Mil. Hence, Andrada Mining's Days Payable for the six months ended in Aug. 2023 was 52.30.

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

AFTTF' s Days Payable Range Over the Past 10 Years
Min: 60.92 Med: 67.25 Max: 3250.05
Current: 76.59

During the past 9 years, Andrada Mining's highest Days Payable was 3250.05. The lowest was 60.92. And the median was 67.25.

AFTTF's Days Payable is ranked worse than
61.27% of 1069 companies
in the Metals & Mining industry
Industry Median: 138.32 vs AFTTF: 76.59

Andrada Mining's Days Payable declined from Aug. 2022 (94.62) to Aug. 2023 (52.30). It may suggest that Andrada Mining accelerated paying its suppliers.

Andrada Mining Days Payable Historical Data

The historical data trend for Andrada Mining'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.

Andrada Mining Days Payable Chart

Andrada Mining Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Days Payable

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3,249.10

59.54

66.98

72.84

Andrada Mining Semi-Annual Data
	Feb15	Feb16	Feb17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23
Days Payable	Get a 7-Day Free Trial										58.46	64.15	94.62	94.25	52.30

Competitive Comparison of Andrada Mining's Days Payable

For the Other Industrial Metals & Mining subindustry, Andrada Mining'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.

Andrada Mining's Days Payable Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Andrada Mining's Days Payable falls into.

Andrada Mining 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.

Andrada Mining's Days Payable for the fiscal year that ended in Feb. 2023 is calculated as

	Days Payable (A: Feb. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Feb. 2022 )	+	Accounts Payable (A: Feb. 2023 ))	/	count )	/	Cost of Goods Sold (A: Feb. 2023 )	*	Days in Period
=	( (3.103	+	1.963)	/	2 )	/	12.692	*	365
=	2.533					/	12.692	*	365
=	72.84

Andrada Mining's Days Payable for the quarter that ended in Aug. 2023 is calculated as:

	Days Payable (Q: Aug. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Feb. 2023 )	+	Accounts Payable (Q: Aug. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Aug. 2023 )	*	Days in Period
=	( (1.963	+	3.371)	/	2 )	/	9.307	*	365 / 2
=	2.667					/	9.307	*	365 / 2
=	52.30

Andrada Mining Days Payable Related Terms

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Andrada Mining (Andrada Mining) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Andrada Mining Ltd (OTCPK:AFTTF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

ATM:UK 9IA:Germany

Address

Oak House, Hirzel Street, P.O. Box 282, Saint Peter Port, GGY, GY1 3RH

Website

https://www.andradamining.com

Andrada Mining Ltd is a Guernsey-based mining company. The company's geographical segments include South Africa and Namibia. The company's project consists of the Uis Tin project and Mokopane Tin project. It derives a majority of its revenue from the Namibia region. The company's asset includes Lithium Ridge (Nai-Nais), Spodumene Hill, Brandberg West.

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