RENGF (Renegade Gold) Days Payable: 11,742.73 (As of Mar. 2026) — 21% Above Median


RENGF Renegade Gold Inc RENGF
30 GF Score
Price $0.23
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What is Renegade Gold Days Payable?

Renegade Gold RENGF -18.36% 30 Days Payable is 11,742.73 as of Mar. 2026, which is 21% above its 10-year median of 9,731.62. GuruFocus rates RENGF with a GF Score™ of 30/100. The stock has 1 warning sign investors should review. Among 1,065 Metals & Mining companies, Renegade Gold ranks better than 90.14% on this metric.

Renegade Gold's average Accounts Payable for the three months ended in Mar. 2026 was $1.03 Mil. Renegade Gold's Cost of Goods Sold for the three months ended in Mar. 2026 was $0.01 Mil. Hence, Renegade Gold's Days Payable for the three months ended in Mar. 2026 was 11,742.73.

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

RENGF' s Days Payable Range Over the Past 10 Years
Min: 3954.17   Med: 9731.62   Max: 25579.03
Current: 15736.48

During the past 13 years, Renegade Gold's highest Days Payable was 25579.03. The lowest was 3954.17. And the median was 9731.62.

RENGF's Days Payable is ranked better than
90.14% of 1065 companies
in the Metals & Mining industry
Industry Median: 127.26 vs RENGF: 15736.48

Renegade Gold's Days Payable declined from Mar. 2025 (17,314.69) to Mar. 2026 (11,742.73). It may suggest that Renegade Gold accelerated paying its suppliers.


Renegade Gold Days Payable Historical Data

* Premium members only.

The historical data trend for Renegade Gold'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.

Renegade Gold Days Payable Chart

Renegade Gold Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7,247.86 4,001.31 9,954.86 25,966.33 24,973.98

Renegade Gold 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 17,314.69 17,742.42 18,415.39 18,552.27 11,742.73

RENGF vs NEM, AU: Days Payable Comparison

For the Gold subindustry, Renegade Gold'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.


Renegade Gold Days Payable vs Metals & Mining Industry

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

* The bar in red indicates where Renegade Gold's Days Payable falls into.


RENGF
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Renegade Gold Inc RENGF
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Renegade Gold 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.

Renegade Gold's Days Payable for the fiscal year that ended in Jun. 2025 is calculated as

Days Payable (A: Jun. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jun. 2024 ) + Accounts Payable (A: Jun. 2025 )) / count ) / Cost of Goods Sold (A: Jun. 2025 )*Days in Period
=( (2.805 + 1.574) / 2 ) / 0.032*365
=2.1895 / 0.032*365
=24,973.98

Renegade Gold'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
=( (1.598 + 0.461) / 2 ) / 0.008*365 / 4
=1.0295 / 0.008*365 / 4
=11,742.73

* 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 11,742.73 mean?
Renegade Gold (RENGF) has a Days Payable of 11,742.73 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 Renegade Gold and its competitors. This is 21% above median its historical median of 9,731.62. Over the past decade, Renegade Gold's Days Payable has ranged from 3,954.17 to 25,579.03. According to the industry distribution chart, Renegade Gold ranks #105 out of 1065 companies in the Metals & Mining industry, placing it in the top 9.9%.
Is Renegade Gold's Days Payable too high?
Renegade Gold's current Days Payable of 11,742.73 is 21% above median its 10-year median of 9,731.62. Over the past 10 years, this metric has ranged from a low of 3,954.17 to a high of 25,579.03. The Metals & Mining industry median Days Payable is 127.26. Renegade Gold's value of 11,742.73 is 9127.4% above this industry median. Based on the distribution chart, Renegade Gold ranks #105 out of 1065 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Renegade Gold has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does Renegade Gold's Days Payable compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Renegade Gold ranks #105 out of 1065 companies for Days Payable. This places Renegade Gold in the top 10% of its industry — outperforming the majority of peers. The industry median Days Payable is 127.26. Renegade Gold's value of 11,742.73 is 9127.4% above this benchmark. Historically, Renegade Gold's own Days Payable has ranged from 3,954.17 to 25,579.03 over the past decade. While the company's 10-year median is 9,731.62 vs. the industry median of 127.26, Renegade Gold has consistently been above 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 127.26, based on 1,065 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. Renegade Gold's current Days Payable of 11,742.73 is 9127.4% above 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 Renegade Gold and its competitors. For the Metals & Mining industry, the median Days Payable is 127.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Renegade Gold's current Days Payable is 11,742.73, which is 21% above median its own 10-year median of 9,731.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Renegade Gold stock overvalued right now?
Renegade Gold (RENGF) has a current Days Payable of 11,742.73. The current Days Payable is 11,742.73, which is 21% above median its 10-year median of 9,731.62 and 9127.4% above the Metals & Mining industry median of 127.26. Renegade Gold's overall GF Score™ is 30/100 with 1 warning sign 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 Renegade Gold (RENGF), the current Days Payable is 11,742.73 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.

Renegade Gold Business Description

Other Exchanges 0700:GermanyRAGE:Canada
Address 200 Burrard Street, Suite 1615, Vancouver, BC, CAN, V6C 3L6
Renegade Gold Inc is engaged in the exploration and development of gold deposits in the Red Lake district. Its projects include Leo property, Sidace, Keystone, BobJo, Newman todd, and other properties.
30GF Score

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