Royal Gold (FRA:RG3) Accounts Payable & Accrued Expense: €49 Mil (As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:RG3 Royal Gold Inc FRA:RG3
97 GF Score
Price €216.30
GF Value €247.28
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Royal Gold Accounts Payable & Accrued Expense?

Royal Gold FRA:RG3 -0.59% 97 Accounts Payable & Accrued Expense is €49 Mil as of Jun. 2026. GuruFocus rates FRA:RG3 with a GF Score™ of 97/100 and a GF Value™ of €247.28 (Modestly Undervalued). The stock has 2 warning signs investors should review.

Royal Gold's quarterly accounts payable & accrued expense declined from Dec. 2025 (€37 Mil) to Mar. 2026 (€34 Mil) but then increased from Mar. 2026 (€34 Mil) to Jun. 2026 (€49 Mil).

Royal Gold's annual accounts payable & accrued expense increased from Dec. 2023 (€24 Mil) to Dec. 2024 (€33 Mil) and increased from Dec. 2024 (€33 Mil) to Dec. 2025 (€37 Mil).

Royal Gold Accounts Payable & Accrued Expense Historical Data

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The historical data trend for Royal Gold's Accounts Payable & Accrued Expense 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.

Royal Gold Accounts Payable & Accrued Expense Chart

Royal Gold Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Dec22 Dec23 Dec24 Dec25
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.60 21.32 24.44 32.60 36.92

Royal Gold Quarterly Data
Mar21 Jun21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 25.49 40.12 36.92 34.49 49.20
FRA:RG3
97GF Score
Royal Gold Inc FRA:RG3
Accounts Payable & Accrued Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Royal Gold Accounts Payable & Accrued Expense Calculation

Accounts payable & accrued expense usually includes accounts payable, accrued compensation and related benefits, etc.

Accounts payable is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents.

It is part of the current portion of the liabilities (due within one year or within the normal operating cycle if longer) reflected on the balace sheet of the company. A higher Accounts Payable means lower Working Capital needed to operate the business.

What does a Accounts Payable & Accrued Expense of €49 Mil mean?
Royal Gold (FRA:RG3) has a Accounts Payable & Accrued Expense of €49 Mil as of Jun. 2026. Accounts payable and accrued expenses are amounts a company expects to pay to suppliers and others. View historical data on Royal Gold and its competitors.
Is Royal Gold's Accounts Payable & Accrued Expense too high?
Royal Gold's current Accounts Payable & Accrued Expense is €49 Mil. Overall, Royal Gold has a GF Score™ of 97/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Royal Gold's Accounts Payable & Accrued Expense compare to CDE and AUGO?
Royal Gold's Accounts Payable & Accrued Expense of €49 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Payable & Accrued Expense for a Metals & Mining company?
A good Accounts Payable & Accrued Expense depends on the Metals & Mining industry context. However, Accounts Payable & Accrued Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Payable & Accrued Expense mean?
A high Accounts Payable & Accrued Expense can signal that a stock is expensive relative to its fundamentals. Accounts payable and accrued expenses are amounts a company expects to pay to suppliers and others. View historical data on Royal Gold and its competitors. Royal Gold's current Accounts Payable & Accrued Expense is €49 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Royal Gold stock overvalued right now?
Based on GuruFocus' analysis, Royal Gold (FRA:RG3) is currently considered Modestly Undervalued. The stock's GF Value™ is €247.28, compared to a current price of €216.30 — trading 12.5% below its estimated fair value. The current Accounts Payable & Accrued Expense is €49 Mil. Royal Gold's overall GF Score™ is 97/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Payable & Accrued Expense calculated?
Accounts Payable & Accrued Expense is calculated from a company's financial statements. For Royal Gold (FRA:RG3), the current Accounts Payable & Accrued Expense is €49 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Royal Gold (FRA:RG3) Overvalued in 2026?

Based on GuruFocus' analysis, Royal Gold stock appears to be undervalued. The current stock price of €216.30 is trading 12.5% below its estimated GF Value™ of €247.28. GuruFocus considers Royal Gold to be Modestly Undervalued.

Key valuation signals for FRA:RG3:

  • Accounts Payable & Accrued Expense: €49 Mil
  • GF Value™: €247.28 vs. price of €216.30 (12.5% below fair value)
  • GF Score™: 97/100 with 2 warning signs

No single metric tells the full story. See the FRA:RG3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Royal Gold Business Description

Address 1144 15th Street, Suite 2500, Denver, CO, USA, 80202
Royal Gold Inc enquires and manages precious metal royalties and streams with a focus on gold. The company purchases a percentage of the metal produced from a mineral property for an initial payment without assuming responsibility for mining operations. Similarly, precious metal streams are purchase agreements with mine operators providing the right to purchase all or a portion of one or more metals produced from a mine in exchange for an upfront deposit payment. Generally, Royal Gold does not work on the properties in which it holds royalty and streaming assets. The company owns a portfolio of producing, development, evaluation, and exploration royalties and streams, and the majority of group revenue is generated from Canada, Mexico, Chile, and the United States.
97GF Score

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Accounts Payable & Accrued Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€216.30
Price
€247.28
GF Value