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Tigers Realm Coal (ASX:TIG) Days Payable : 35.71 (As of Dec. 2023)


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What is Tigers Realm Coal Days Payable?

Tigers Realm Coal's average Accounts Payable for the six months ended in Dec. 2023 was A$13.7 Mil. Tigers Realm Coal's Cost of Goods Sold for the six months ended in Dec. 2023 was A$69.9 Mil. Hence, Tigers Realm Coal's Days Payable for the six months ended in Dec. 2023 was 35.71.

The historical rank and industry rank for Tigers Realm Coal's Days Payable or its related term are showing as below:

ASX:TIG' s Days Payable Range Over the Past 10 Years
Min: 36.74   Med: 67.58   Max: 105.45
Current: 79.6

During the past 13 years, Tigers Realm Coal's highest Days Payable was 105.45. The lowest was 36.74. And the median was 67.58.

ASX:TIG's Days Payable is ranked better than
76.02% of 588 companies
in the Steel industry
Industry Median: 39.865 vs ASX:TIG: 79.60

Tigers Realm Coal's Days Payable increased from Dec. 2022 (27.02) to Dec. 2023 (35.71). It may suggest that Tigers Realm Coal delayed paying its suppliers.


Tigers Realm Coal Days Payable Historical Data

The historical data trend for Tigers Realm Coal'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.

Tigers Realm Coal Days Payable Chart

Tigers Realm Coal Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 80.93 67.58 36.74 53.90 80.19

Tigers Realm Coal 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 32.95 1,306.82 27.02 276.95 35.71

Competitive Comparison of Tigers Realm Coal's Days Payable

For the Coking Coal subindustry, Tigers Realm Coal'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.


Tigers Realm Coal's Days Payable Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Tigers Realm Coal's Days Payable distribution charts can be found below:

* The bar in red indicates where Tigers Realm Coal's Days Payable falls into.



Tigers Realm Coal 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.

Tigers Realm Coal's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

Days Payable (A: Dec. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2022 ) + Accounts Payable (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (28.454 + 9.017) / 2 ) / 85.281*365
=18.7355 / 85.281*365
=80.19

Tigers Realm Coal'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
=( (18.326 + 9.017) / 2 ) / 69.868*365 / 2
=13.6715 / 69.868*365 / 2
=35.71

* 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.


Tigers Realm Coal Days Payable Related Terms

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Tigers Realm Coal (ASX:TIG) Business Description

Traded in Other Exchanges
N/A
Address
37 Leningradski Avenue, Moscow, RUS, 125167
Tigers Realm Coal Ltd is engaged in the identification, exploration, development, mining, and sale of coal from deposits in the Far East of the Russian Federation. Its objectives encompass the development of the Amaam Coking Coal Deposits, comprising its two, well-located, large coking coal project. The Amaam Coal Project is located in the Beringovsky Basin, in the Chukotka Autonomous Okrug. The Amaam North and Amaam deposits are located within separate structural blocks of the Bering Coal Basin. The company derives revenue from the Asia region.

Tigers Realm Coal (ASX:TIG) Headlines

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