Regenx Tech (XCNQ:RGX) Days Payable : 29.90 (As of Sep. 2023)

View and export this data going back to 1987. Start your Free Trial

What is Regenx Tech Days Payable?

Regenx Tech's average Accounts Payable for the three months ended in Sep. 2023 was C$0.13 Mil. Regenx Tech's Cost of Goods Sold for the three months ended in Sep. 2023 was C$0.41 Mil. Hence, Regenx Tech's Days Payable for the three months ended in Sep. 2023 was 29.90.

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

XCNQ:RGX' s Days Payable Range Over the Past 10 Years
Min: 57.91 Med: 81.08 Max: 108.59
Current: 59.58

During the past 13 years, Regenx Tech's highest Days Payable was 108.59. The lowest was 57.91. And the median was 81.08.

XCNQ:RGX's Days Payable is ranked worse than
69.94% of 1068 companies
in the Metals & Mining industry
Industry Median: 135.555 vs XCNQ:RGX: 59.58

Regenx Tech's Days Payable declined from Sep. 2022 (66.35) to Sep. 2023 (29.90). It may suggest that Regenx Tech accelerated paying its suppliers.

Regenx Tech Days Payable Historical Data

The historical data trend for Regenx Tech'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.

Regenx Tech Days Payable Chart

Regenx Tech Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

Get a 7-Day Free Trial

57.91

81.34

95.20

108.59

70.82

Regenx Tech Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Payable	Get a 7-Day Free Trial															66.35	135.32	63.46	29.08	29.90

Competitive Comparison of Regenx Tech's Days Payable

For the Other Precious Metals & Mining subindustry, Regenx Tech'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.

Regenx Tech's Days Payable Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Regenx Tech's Days Payable falls into.

Regenx Tech 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.

Regenx Tech'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: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (0.175	+	0.241)	/	2 )	/	1.072	*	365
=	0.208					/	1.072	*	365
=	70.82

Regenx Tech's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

	Days Payable (Q: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (0.068	+	0.2)	/	2 )	/	0.409	*	365 / 4
=	0.134					/	0.409	*	365 / 4
=	29.90

Regenx Tech Days Payable Related Terms

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

Regenx Tech (XCNQ:RGX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Regenx Tech Corp (XCNQ:RGX) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

RGXTF:USA J64:Germany

Address

250 2nd Street South West, Suite 1000, Livingston Place West, Calgary, AB, CAN, T2P 0C1

Website

https://www.regenx.tech

Regenx Tech Corp is positioned for growth in the catalytic converter and mining sectors through the development and commercialization of its proprietary, environmentally friendly processing technologies for the recovery of precious metals. Its focus is the extraction of platinum and palladium from diesel catalytic converters. It solves smelter problems and recovers the majority of the precious metals from retired catalytic converters. The Company has two operating segments, exploration and development of mineral properties in Spain and mineral extraction through the use of its proprietary equipment in North America.

Executives

Harvey Ernest Edward Granatier

Director

Regenx Tech (XCNQ:RGX) Headlines

No Headlines