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Empress Royalty (Empress Royalty) Days Payable : 133.13 (As of Mar. 2024)


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What is Empress Royalty Days Payable?

Empress Royalty's average Accounts Payable for the three months ended in Mar. 2024 was $0.53 Mil. Empress Royalty's Cost of Goods Sold for the three months ended in Mar. 2024 was $0.37 Mil. Hence, Empress Royalty's Days Payable for the three months ended in Mar. 2024 was 133.13.

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

EMPYF' s Days Payable Range Over the Past 10 Years
Min: 46.3   Med: 54.16   Max: 91.13
Current: 91.13

During the past 3 years, Empress Royalty's highest Days Payable was 91.13. The lowest was 46.30. And the median was 54.16.

EMPYF's Days Payable is ranked worse than
57% of 1065 companies
in the Metals & Mining industry
Industry Median: 136.2 vs EMPYF: 91.13

Empress Royalty's Days Payable increased from Mar. 2023 (41.34) to Mar. 2024 (133.13). It may suggest that Empress Royalty delayed paying its suppliers.


Empress Royalty Days Payable Historical Data

The historical data trend for Empress 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.

* Premium members only.

Empress Royalty Days Payable Chart

Empress Royalty Annual Data
Trend Sep20 Dec22 Dec23
Days Payable
- 47.07 61.82

Empress Royalty Quarterly Data
Jun20 Dec20 Mar21 Jun21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 41.34 50.04 62.64 101.80 133.13

Competitive Comparison of Empress Royalty's Days Payable

For the Other Precious Metals & Mining subindustry, Empress 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.


Empress Royalty's Days Payable Distribution in the Metals & Mining Industry

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

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



Empress 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.

Empress Royalty'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
=( (0.112 + 0.409) / 2 ) / 1.538*365
=0.2605 / 1.538*365
=61.82

Empress Royalty's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

Days Payable (Q: Mar. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2023 ) + Accounts Payable (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (0.409 + 0.656) / 2 ) / 0.365*365 / 4
=0.5325 / 0.365*365 / 4
=133.13

* 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.


Empress Royalty Days Payable Related Terms

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Empress Royalty (Empress Royalty) Business Description

Traded in Other Exchanges
Address
1130 West Pender Street, Suite 545, Vancouver, BC, CAN, V6E 4A4
Empress is a royalty and streaming creation company. Focused on providing investors with a diversified portfolio of gold and silver investments, Empress actively invests in mining companies with development and production stage projects that require additional non-dilutive capital. Strategic partnerships with Endeavour Financial and Terra Capital provide access to global investment opportunities and bring unique mining finance expertise, deal structuring, and access to capital markets.