Star Royalties (TSXV:STRR) Days Payable : 445.51 (As of Dec. 2023)

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What is Star Royalties Days Payable?

Star Royalties's average Accounts Payable for the three months ended in Dec. 2023 was C$0.75 Mil. Star Royalties's Cost of Goods Sold for the three months ended in Dec. 2023 was C$0.15 Mil. Hence, Star Royalties's Days Payable for the three months ended in Dec. 2023 was 445.51.

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

TSXV:STRR' s Days Payable Range Over the Past 10 Years
Min: 228.13 Med: 228.13 Max: 344.28
Current: 344.28

During the past 5 years, Star Royalties's highest Days Payable was 344.28. The lowest was 228.13. And the median was 228.13.

TSXV:STRR's Days Payable is ranked better than
59.96% of 1064 companies
in the Metals & Mining industry
Industry Median: 130.44 vs TSXV:STRR: 344.28

Star Royalties's Days Payable increased from Dec. 2022 (0.00) to Dec. 2023 (445.51). It may suggest that Star Royalties delayed paying its suppliers.

Star Royalties Days Payable Historical Data

The historical data trend for Star Royalties'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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Star Royalties Days Payable Chart

Star Royalties Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

228.13

Star Royalties Quarterly Data
	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												-	264.63	339.82	331.63	445.51

Competitive Comparison of Star Royalties's Days Payable

For the Other Precious Metals & Mining subindustry, Star Royalties'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.

Star Royalties's Days Payable Distribution in the Metals & Mining Industry

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

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

Star Royalties 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.

Star Royalties's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0.589	*	365
=	0					/	0.589	*	365
=	0.00

Star Royalties'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
=	( (0.747	+	0)	/	1 )	/	0.153	*	365 / 4
=	0.747					/	0.153	*	365 / 4
=	445.51

Star Royalties Days Payable Related Terms

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Star Royalties (TSXV:STRR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Star Royalties Ltd (TSXV:STRR) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

STRFF:USA

Address

18 King Street East, Suite 902, Toronto, ON, CAN, M5C 1C4

Website

https://www.starroyalties.com

Star Royalties Ltd is a precious metals and carbon credit royalty and streaming company. The company has developed its carbon credit royalties in forestry and regenerative agriculture. The group offers investors exposure to precious metals and carbon credits by originating high-quality royalties and streams. The company's assets comprise Elk Gold, Copperstone, Keysbrook, Baavhai Uul, and others. The Company organizes and manages the business under Star Royalties and Green Star joint venture. Geographically, the company operates in The United States, Canada, Australia and Mongolia.

Executives