AIC Mines (STU:HLS) Days Payable : 31.97 (As of Dec. 2023)

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What is AIC Mines Days Payable?

AIC Mines's average Accounts Payable for the six months ended in Dec. 2023 was €6.33 Mil. AIC Mines's Cost of Goods Sold for the six months ended in Dec. 2023 was €36.12 Mil. Hence, AIC Mines's Days Payable for the six months ended in Dec. 2023 was 31.97.

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

STU:HLS' s Days Payable Range Over the Past 10 Years
Min: 19.53 Med: 51.07 Max: 82.61
Current: 44.38

During the past 13 years, AIC Mines's highest Days Payable was 82.61. The lowest was 19.53. And the median was 51.07.

STU:HLS's Days Payable is ranked worse than
77.02% of 1066 companies
in the Metals & Mining industry
Industry Median: 131.36 vs STU:HLS: 44.38

AIC Mines's Days Payable declined from Dec. 2022 (49.01) to Dec. 2023 (31.97). It may suggest that AIC Mines accelerated paying its suppliers.

AIC Mines Days Payable Historical Data

The historical data trend for AIC Mines'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.

AIC Mines Days Payable Chart

AIC Mines Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Jun23

Days Payable

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82.39

19.73

AIC Mines 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															-	18.21	49.01	46.35	31.97

Competitive Comparison of AIC Mines's Days Payable

For the Other Precious Metals & Mining subindustry, AIC Mines'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.

AIC Mines's Days Payable Distribution in the Metals & Mining Industry

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

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

AIC Mines 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.

AIC Mines'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: Dec. 2021 )	+	Accounts Payable (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (2.718	+	3.207)	/	2 )	/	54.815	*	365
=	2.9625					/	54.815	*	365
=	19.73

AIC Mines'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
=	( (3.207	+	9.446)	/	2 )	/	36.119	*	365 / 2
=	6.3265					/	36.119	*	365 / 2
=	31.97

AIC Mines Days Payable Related Terms

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AIC Mines (STU:HLS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » AIC Mines Ltd (STU:HLS) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

IAUFF:USA HLS:Germany A1M:Australia

Address

130 Hay Street, Suite 3, Subiaco, Perth, WA, AUS, 6008

Website

https://www.aicmines.com.au

AIC Mines Ltd is engaged in an exploration of gold and copper deposits. It holds an interest in the Marymia Project and Lamil Project. The company operates in one geographical area being Australia and one industry, being Exploration.

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