ELE (Elemental Royalty) Days Payable: 23.39 (As of Mar. 2026) — 30% Below Median


ELE Elemental Royalty Corp ELE
65 GF Score
Price $16.27
GF Value $16.24
Valuation Fairly Valued
! 3 Warning Signs
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What is Elemental Royalty Days Payable?

Elemental Royalty ELE +7.58% 65 Days Payable is 23.39 as of Mar. 2026, which is 30% below its 10-year median of 33.21. GuruFocus rates ELE with a GF Score™ of 65/100 and a GF Value™ of $16.24 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,064 Metals & Mining companies, Elemental Royalty ranks worse than 95.39% on this metric.

Elemental Royalty's average Accounts Payable for the three months ended in Mar. 2026 was $2.21 Mil. Elemental Royalty's Cost of Goods Sold for the three months ended in Mar. 2026 was $8.62 Mil. Hence, Elemental Royalty's Days Payable for the three months ended in Mar. 2026 was 23.39.

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

ELE' s Days Payable Range Over the Past 10 Years
Min: 13.73   Med: 33.21   Max: 51.36
Current: 13.73

During the past 7 years, Elemental Royalty's highest Days Payable was 51.36. The lowest was 13.73. And the median was 33.21.

ELE's Days Payable is ranked worse than
95.39% of 1064 companies
in the Metals & Mining industry
Industry Median: 127.62 vs ELE: 13.73

Elemental Royalty's Days Payable increased from Mar. 2025 (7.17) to Mar. 2026 (23.39). It may suggest that Elemental Royalty delayed paying its suppliers.


Elemental Royalty Days Payable Historical Data

* Premium members only.

The historical data trend for Elemental Royalty'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.

Elemental Royalty Days Payable Chart

Elemental Royalty Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 47.84 52.09 32.82 20.53 32.92

Elemental Royalty Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Days Payable 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 7.17 4.21 10.94 24.01 23.39

ELE vs HL: Days Payable Comparison

For the Other Precious Metals & Mining subindustry, Elemental Royalty'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.


Elemental Royalty Days Payable vs Metals & Mining Industry

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

* The bar in red indicates where Elemental Royalty's Days Payable falls into.


ELE
65GF Score
Elemental Royalty Corp ELE
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Elemental Royalty 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.

Elemental Royalty's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as

Days Payable (A: Dec. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2024 ) + Accounts Payable (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (0.737 + 2.209) / 2 ) / 16.334*365
=1.473 / 16.334*365
=32.92

Elemental Royalty's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (2.209 + 0) / 1 ) / 8.617*365 / 4
=2.209 / 8.617*365 / 4
=23.39

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 23.39 mean?
Elemental Royalty (ELE) has a Days Payable of 23.39 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Elemental Royalty and its competitors. This is 30% below median its historical median of 33.21. Over the past decade, Elemental Royalty's Days Payable has ranged from 13.73 to 51.36. According to the industry distribution chart, Elemental Royalty ranks #1015 out of 1064 companies in the Metals & Mining industry, placing it in the top 95.4%.
Is Elemental Royalty's Days Payable too high?
Elemental Royalty's current Days Payable of 23.39 is 30% below median its 10-year median of 33.21. Over the past 10 years, this metric has ranged from a low of 13.73 to a high of 51.36. The Metals & Mining industry median Days Payable is 127.62. Elemental Royalty's value of 23.39 is 81.7% below this industry median. Based on the distribution chart, Elemental Royalty ranks #1015 out of 1064 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Elemental Royalty has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Elemental Royalty's Days Payable compare to HL?
According to the Metals & Mining industry distribution chart, Elemental Royalty ranks #1015 out of 1064 companies for Days Payable. This places Elemental Royalty in the lower half of its industry. The industry median Days Payable is 127.62. Elemental Royalty's value of 23.39 is 81.7% below this benchmark. Historically, Elemental Royalty's own Days Payable has ranged from 13.73 to 51.36 over the past decade. While the company's 10-year median is 33.21 vs. the industry median of 127.62, Elemental Royalty has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Metals & Mining company?
The median Days Payable among Metals & Mining companies is 127.62, based on 1,064 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Elemental Royalty's current Days Payable of 23.39 is 81.7% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Elemental Royalty and its competitors. For the Metals & Mining industry, the median Days Payable is 127.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Elemental Royalty's current Days Payable is 23.39, which is 30% below median its own 10-year median of 33.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elemental Royalty stock overvalued right now?
Based on GuruFocus' analysis, Elemental Royalty (ELE) is currently considered Fairly Valued. The stock's GF Value™ is $16.24, compared to a current price of $16.27 — trading 0.2% above its estimated fair value. The current Days Payable is 23.39, which is 30% below median its 10-year median of 33.21 and 81.7% below the Metals & Mining industry median of 127.62. Elemental Royalty's overall GF Score™ is 65/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Elemental Royalty (ELE), the current Days Payable is 23.39 as of Mar. 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 Elemental Royalty (ELE) Overvalued in 2026?

Based on GuruFocus' analysis, Elemental Royalty stock appears to be overvalued. The current stock price of $16.27 is trading 0.2% above its estimated GF Value™ of $16.24. GuruFocus considers Elemental Royalty to be Fairly Valued.

Key valuation signals for ELE:

  • Days Payable: 23.39 (30% below median its 10-year median of 33.21)
  • GF Value™: $16.24 vs. price of $16.27 (0.2% above fair value)
  • GF Score™: 65/100 with 3 warning signs
  • Industry Position: 81.7% below the Metals & Mining median (#1015 of 1064)

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


Elemental Royalty Business Description

Other Exchanges A980:GermanyELE:Canada
Address 10001 West Titan Road, Littleton, CO, USA, 80125
Elemental Royalty Corp is engaged in exploration discovery, royalty generation, royalty acquisition, and strategic investments. It is the result of the strategic merger of Elemental Altus Royalties and EMX Royalty Corporation together creating a mid-tier gold-focused royalty company with the scale, diversification, and cash flow. Geographically, the company generates revenue from North America, South America, Europe, Australia and Africa.
65GF Score

Get the complete analysis for ELE

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

$16.27
Price
$16.24
GF Value