European Metals Holdings (LSE:EMH) Days Payable : 2,993.00 (As of Dec. 2023)

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What is European Metals Holdings Days Payable?

European Metals Holdings's average Accounts Payable for the six months ended in Dec. 2023 was £0.25 Mil. European Metals Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was £0.02 Mil. Hence, European Metals Holdings's Days Payable for the six months ended in Dec. 2023 was 2,993.00.

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

LSE:EMH' s Days Payable Range Over the Past 10 Years
Min: 4097.95 Med: 37960 Max: 58947.5
Current: 4858.56

During the past 12 years, European Metals Holdings's highest Days Payable was 58947.50. The lowest was 4097.95. And the median was 37960.00.

LSE:EMH's Days Payable is ranked better than
81.85% of 1069 companies
in the Metals & Mining industry
Industry Median: 129.08 vs LSE:EMH: 4858.56

European Metals Holdings's Days Payable declined from Dec. 2022 (3,088.46) to Dec. 2023 (2,993.00). It may suggest that European Metals Holdings accelerated paying its suppliers.

European Metals Holdings Days Payable Historical Data

The historical data trend for European Metals Holdings'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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European Metals Holdings Days Payable Chart

European Metals Holdings Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Payable

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32,485.00

52,925.00

15,366.50

4,097.95

European Metals Holdings 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															-	-	3,088.46	-	2,993.00

Competitive Comparison of European Metals Holdings's Days Payable

For the Other Industrial Metals & Mining subindustry, European Metals Holdings'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.

European Metals Holdings's Days Payable Distribution in the Metals & Mining Industry

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

* The bar in red indicates where European Metals Holdings's Days Payable falls into.

European Metals Holdings 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.

European Metals Holdings'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
=	( (0.333	+	0.397)	/	2 )	/	0	*	365
=	0.365					/	0	*	365
=	N/A

European Metals Holdings'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
=	( (0.397	+	0.095)	/	2 )	/	0.015	*	365 / 2
=	0.246					/	0.015	*	365 / 2
=	2,993.00

European Metals Holdings Days Payable Related Terms

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European Metals Holdings (LSE:EMH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » European Metals Holdings Ltd (LSE:EMH) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

EMHXY:USA EMHLF:USA ERPNF:USA E86:Germany EMH:Australia

Address

35 Outram Street, Level 3, West Perth, WA, AUS, 6005

Website

https://www.europeanmet.com

European Metals Holdings Ltd is a UK-based company, engaged in the exploration and development of mineral resources to create a sustainable European lithium supply chain with low carbon footprint. The company holds an interest in the Cinovec lithium-tin project in the Czech Republic. Geographically, it operates through Australian and Czech segments of which the Australian region derives the majority of revenue.

European Metals Holdings (LSE:EMH) Headlines

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