Keras Resources (LSE:KRS) Days Payable : 1,601.02 (As of Jun. 2023)

View and export this data going back to 2011. Start your Free Trial

What is Keras Resources Days Payable?

Keras Resources's average Accounts Payable for the six months ended in Jun. 2023 was £0.39 Mil. Keras Resources's Cost of Goods Sold for the six months ended in Jun. 2023 was £0.04 Mil. Hence, Keras Resources's Days Payable for the six months ended in Jun. 2023 was 1,601.02.

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

LSE:KRS' s Days Payable Range Over the Past 10 Years
Min: 253.97 Med: 253.97 Max: 703.03
Current: 703.03

During the past 11 years, Keras Resources's highest Days Payable was 703.03. The lowest was 253.97. And the median was 253.97.

LSE:KRS's Days Payable is ranked better than
64.23% of 1068 companies
in the Metals & Mining industry
Industry Median: 136.695 vs LSE:KRS: 703.03

Keras Resources's Days Payable increased from Jun. 2022 (849.33) to Jun. 2023 (1,601.02). It may suggest that Keras Resources delayed paying its suppliers.

Keras Resources Days Payable Historical Data

The historical data trend for Keras 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.

* Premium members only.

Keras Resources Days Payable Chart

Keras Resources Annual Data

Trend

Sep12

Sep13

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Dec22

Days Payable

Get a 7-Day Free Trial

253.97

Keras Resources Semi-Annual Data
	Sep13	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Jun22	Dec22	Jun23
Days Payable	Get a 7-Day Free Trial															308.28	284.11	849.33	380.50	1,601.02

Competitive Comparison of Keras Resources's Days Payable

For the Other Industrial Metals & Mining subindustry, Keras 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.

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

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

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

Keras 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.

Keras Resources's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Sep. 2020 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (0.104	+	0.262)	/	2 )	/	0.263	*	365
=	0.183					/	0.263	*	365
=	253.97

Keras Resources's Days Payable for the quarter that ended in Jun. 2023 is calculated as:

	Days Payable (Q: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2022 )	+	Accounts Payable (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (0.262	+	0.51)	/	2 )	/	0.044	*	365 / 2
=	0.386					/	0.044	*	365 / 2
=	1,601.02

Keras Resources Days Payable Related Terms

Thank you for viewing the detailed overview of Keras Resources's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Keras Resources (LSE:KRS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Keras Resources PLC (LSE:KRS) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

KRS.GB:UK

Address

Downside Bridge Road, Coveham House, Cobham, Surrey, GBR, KT11 3EP

Website

https://www.kerasplc.com

Keras Resources PLC is engaged in exploration and mining. It principally engages in the business of manganese and cobalt exploration in West Africa. The company's main projects are the Nayega manganese project and the Diamond Creek Phosphate mine. The operation produces a variety of organic phosphate products directly for the US fertilizer market. It derives a majority of its revenue from the US.

Keras Resources (LSE:KRS) Headlines

No Headlines