Tharisa (JSE:THA) Days Payable : 31.42 (As of Sep. 2023)

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What is Tharisa Days Payable?

Tharisa's average Accounts Payable for the six months ended in Sep. 2023 was R832 Mil. Tharisa's Cost of Goods Sold for the six months ended in Sep. 2023 was R4,833 Mil. Hence, Tharisa's Days Payable for the six months ended in Sep. 2023 was 31.42.

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

JSE:THA' s Days Payable Range Over the Past 10 Years
Min: 19.44 Med: 33.88 Max: 100.91
Current: 31.8

During the past 12 years, Tharisa's highest Days Payable was 100.91. The lowest was 19.44. And the median was 33.88.

JSE:THA's Days Payable is ranked worse than
84.27% of 1068 companies
in the Metals & Mining industry
Industry Median: 136.695 vs JSE:THA: 31.80

Tharisa's Days Payable increased from Sep. 2022 (28.71) to Sep. 2023 (31.42). It may suggest that Tharisa delayed paying its suppliers.

Tharisa Days Payable Historical Data

The historical data trend for Tharisa'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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Tharisa Days Payable Chart

Tharisa Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Days Payable

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34.02

36.02

33.74

33.00

33.08

Tharisa Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Payable	Get a 7-Day Free Trial															31.04	33.59	28.71	30.23	31.42

Competitive Comparison of Tharisa's Days Payable

For the Other Precious Metals & Mining subindustry, Tharisa'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.

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

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

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

Tharisa 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.

Tharisa's Days Payable for the fiscal year that ended in Sep. 2023 is calculated as

	Days Payable (A: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Sep. 2022 )	+	Accounts Payable (A: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (A: Sep. 2023 )	*	Days in Period
=	( (752.38	+	954.525)	/	2 )	/	9417.646	*	365
=	853.4525					/	9417.646	*	365
=	33.08

Tharisa's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

	Days Payable (Q: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (709.729	+	954.525)	/	2 )	/	4833.352	*	365 / 2
=	832.127					/	4833.352	*	365 / 2
=	31.42

Tharisa Days Payable Related Terms

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Tharisa (JSE:THA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Tharisa PLC (JSE:THA) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

THS:UK 7YZ:Germany

Address

17 Neophytou Nicolaides and Kilkis Street, Offices 108-110, Sofoklis Pittokopitis Business Centre, Paphos, CYP, 8011

Website

https://www.tharisa.com

Tharisa PLC operates in the mining industry. The company is engaged in mining, producing, selling, and distributing platinum group metals and chrome concentrates at a low cost. It incorporates mining, processing, exploration, and the beneficiation, marketing, sales, and logistics of PGMs and chrome concentrates, using innovation and technology as enablers. The company's operating segments include PGM; Chrome; Agency and trading and Manufacturing. The PGM segment principally generates revenue from the sale of PGM concentrates. Geographically, majority of revenue is generated from south Africa.

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