Franco-Nevada (Franco-Nevada) Days Payable

: 16.21 (As of Dec. 2023)

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

Franco-Nevada's average Accounts Payable for the three months ended in Dec. 2023 was $20 Mil. Franco-Nevada's Cost of Goods Sold for the three months ended in Dec. 2023 was $114 Mil. Hence, Franco-Nevada's Days Payable for the three months ended in Dec. 2023 was 16.21.

The historical rank and industry rank for Franco-Nevada's Days Payable or its related term are showing as below:

FNV' s Days Payable Range Over the Past 10 Years
Min: 4.58 Med: 6.48 Max: 23.68
Current: 23.68

During the past 13 years, Franco-Nevada's highest Days Payable was 23.68. The lowest was 4.58. And the median was 6.48.

FNV's Days Payable is ranked worse than
89.3% of 1065 companies
in the Metals & Mining industry
Industry Median: 129.97 vs FNV: 23.68

Franco-Nevada's Days Payable declined from Dec. 2022 (17.97) to Dec. 2023 (16.21). It may suggest that Franco-Nevada accelerated paying its suppliers.

Franco-Nevada Days Payable Historical Data

The historical data trend for Franco-Nevada'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.

Franco-Nevada Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

6.31

4.70

4.58

6.11

5.04

Franco-Nevada 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															17.97	24.74	36.96	34.00	16.21

Competitive Comparison

For the Gold subindustry, Franco-Nevada'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.

Franco-Nevada Days Payable Distribution

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

* The bar in red indicates where Franco-Nevada's Days Payable falls into.

Franco-Nevada 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.

Franco-Nevada'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
=	( (7	+	5.5)	/	2 )	/	452.4	*	365
=	6.25					/	452.4	*	365
=	5.04

Franco-Nevada'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
=	( (35	+	5.5)	/	2 )	/	114	*	365 / 4
=	20.25					/	114	*	365 / 4
=	16.21

Franco-Nevada Days Payable Related Terms

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

Franco-Nevada (Franco-Nevada) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Franco-Nevada Corp (NYSE:FNV) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

FNV:Mexico 3FO:Germany 3FO:Germany FNV:Canada F2NV34:Brazil

Address

199 Bay Street, Suite 2000, P.O. Box 285, Commerce Court Postal Station, Toronto, ON, CAN, M5L 1G9

Website

https://www.franco-nevada.com

Franco-Nevada Corp is a precious-metals-focused royalty and investment company. The company owns a diversified portfolio of precious metals and royalty streams, which is actively managed to generate the bulk of its revenue from gold, silver, and platinum. The company does not operate mines, develop projects, or conduct exploration. Franco-Nevada's short-term financial performance is linked to the price of commodities and the amount of production from its portfolio of producing assets. Its long-term performance is affected by the availability of exploration and development capital. The company holds a portfolio of assets, diversified by commodity, revenue type, and stage of a project, primarily located in the United States, Canada, and Australia.