GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Orogen Royalties Inc (OTCPK:OGNRF) » Definitions » Days Payable

OGNRF (Orogen Royalties) Days Payable : 2,223.46 (As of Sep. 2024)


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

What is Orogen Royalties Days Payable?

Orogen Royalties's average Accounts Payable for the three months ended in Sep. 2024 was $0.37 Mil. Orogen Royalties's Cost of Goods Sold for the three months ended in Sep. 2024 was $0.02 Mil. Hence, Orogen Royalties's Days Payable for the three months ended in Sep. 2024 was 2,223.46.

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

OGNRF' s Days Payable Range Over the Past 10 Years
Min: 186.4   Med: 847.87   Max: 2302.72
Current: 2302.72

During the past 13 years, Orogen Royalties's highest Days Payable was 2302.72. The lowest was 186.40. And the median was 847.87.

OGNRF's Days Payable is ranked better than
74.16% of 1041 companies
in the Metals & Mining industry
Industry Median: 129.57 vs OGNRF: 2302.72

Orogen Royalties's Days Payable increased from Sep. 2023 (0.00) to Sep. 2024 (2,223.46). It may suggest that Orogen Royalties delayed paying its suppliers.


Orogen Royalties Days Payable Historical Data

The historical data trend for Orogen Royalties'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.

Orogen Royalties Days Payable Chart

Orogen Royalties Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 226.78 213.15 186.25 608.97 1,653.24

Orogen Royalties Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 - 1,997.36 2,776.61 2,624.96 2,223.46

Competitive Comparison of Orogen Royalties's Days Payable

For the Gold subindustry, Orogen Royalties'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.


Orogen Royalties's Days Payable Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Orogen Royalties's Days Payable falls into.



Orogen Royalties 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.

Orogen Royalties'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
=( (0.222 + 0.394) / 2 ) / 0.068000000000001*365
=0.308 / 0.068000000000001*365
=1,653.24

Orogen Royalties's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

Days Payable (Q: Sep. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2024 ) + Accounts Payable (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (0.405 + 0.326) / 2 ) / 0.015*365 / 4
=0.3655 / 0.015*365 / 4
=2,223.46

* 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.


Orogen Royalties Days Payable Related Terms

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


Orogen Royalties Business Description

Traded in Other Exchanges
Address
1015-789 West Pender Street, Vancouver, BC, CAN, V6C 1H2
Orogen Royalties Inc is a royalty and mineral exploration company. It has a diverse portfolio of precious metal royalties and copper, gold and silver exploration projects in Canada, United States, Mexico, Argentina, Kenya and Colombia. The company has two business segments namely: mineral royalties and mineral exploration project generation. The Company also owns a geological database covering parts of Mexico, central Asia, South Pacific, western Canada and western United States.