Romios Gold Resources (TSXV:RG) Days Payable : 533.24 (As of Dec. 2023)

View and export this data going back to 2000. Start your Free Trial

What is Romios Gold Resources Days Payable?

Romios Gold Resources's average Accounts Payable for the three months ended in Dec. 2023 was C$0.09 Mil. Romios Gold Resources's Cost of Goods Sold for the three months ended in Dec. 2023 was C$0.02 Mil. Hence, Romios Gold Resources's Days Payable for the three months ended in Dec. 2023 was 533.24.

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

TSXV:RG' s Days Payable Range Over the Past 10 Years
Min: 487.64 Med: 1575.27 Max: 3995.79
Current: 487.64

During the past 13 years, Romios Gold Resources's highest Days Payable was 3995.79. The lowest was 487.64. And the median was 1575.27.

TSXV:RG's Days Payable is ranked better than
62.08% of 1068 companies
in the Metals & Mining industry
Industry Median: 135.555 vs TSXV:RG: 487.64

Romios Gold Resources's Days Payable declined from Dec. 2022 (1,943.63) to Dec. 2023 (533.24). It may suggest that Romios Gold Resources accelerated paying its suppliers.

Romios Gold Resources Days Payable Historical Data

The historical data trend for Romios Gold 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.

Romios Gold Resources Days Payable Chart

Romios Gold Resources Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Payable

Get a 7-Day Free Trial

3,995.79

1,162.24

1,988.29

1,116.06

Romios Gold Resources Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															1,943.63	1,286.63	284.56	872.58	533.24

Competitive Comparison of Romios Gold Resources's Days Payable

For the Gold subindustry, Romios Gold 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.

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

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

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

Romios Gold 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.

Romios Gold Resources'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
=	( (0.145	+	0.173)	/	2 )	/	0.052	*	365
=	0.159					/	0.052	*	365
=	1,116.06

Romios Gold Resources'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: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (0.133	+	0.054)	/	2 )	/	0.016	*	365 / 4
=	0.0935					/	0.016	*	365 / 4
=	533.24

Romios Gold Resources Days Payable Related Terms

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

Romios Gold Resources (TSXV:RG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Romios Gold Resources Inc (TSXV:RG) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

RMIOF:USA

Address

2 Toronto Street, Suite 500, Toronto, ON, CAN, M5C 2B6

Website

https://www.romios.com

Romios Gold Resources Inc is a Canada-based mineral exploration and development company. Principally, it is engaged in the business of precious and base metal exploration across North America with a primary focus on gold, silver, and copper. The company's British Columbia projects consist of Golden Triangle, Trek property, Newmont Lake property, JW property, and Royce/Porc property; the Scossa gold project is located in Nevada; the Lundmark and Timmis Hislop projects are situated in Ontario.

Executives

John Lawrence Biczok

Senior Officer

Romios Gold Resources (TSXV:RG) Headlines

No Headlines