RGXTF (Regenx Tech) Days Payable: 39.29 (As of Dec. 2024)


What is Regenx Tech Days Payable?

Regenx Tech RGXTF Days Payable is 39.29 as of Dec. 2024.

Regenx Tech's average Accounts Payable for the three months ended in Dec. 2024 was $0.16 Mil. Regenx Tech's Cost of Goods Sold for the three months ended in Dec. 2024 was $0.38 Mil. Hence, Regenx Tech's Days Payable for the three months ended in Dec. 2024 was 39.29.

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

RGXTF's Days Payable is not ranked *
in the Metals & Mining industry.
Industry Median: 126.885
* Ranked among companies with meaningful Days Payable only.

Regenx Tech's Days Payable declined from Dec. 2023 (45.41) to Dec. 2024 (39.29). It may suggest that Regenx Tech accelerated paying its suppliers.

Regenx Tech Days Payable Historical Data

* Premium members only.

The historical data trend for Regenx Tech'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.

Regenx Tech Days Payable Chart

Regenx Tech Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 94.41 108.51 72.08 45.53 43.11

Regenx Tech Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 45.41 35.26 36.39 4.97 39.29

RGXTF vs SRGZ, SILS, AUMN: Days Payable Comparison

For the Other Precious Metals & Mining subindustry, Regenx Tech'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.

Regenx Tech Days Payable vs Metals & Mining Industry

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

* The bar in red indicates where Regenx Tech's Days Payable falls into.


Regenx Tech 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.

Regenx Tech's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

Days Payable (A: Dec. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2023 ) + Accounts Payable (A: Dec. 2024 )) / count ) / Cost of Goods Sold (A: Dec. 2024 )*Days in Period
=( (0.063 + 0.22) / 2 ) / 1.198*365
=0.1415 / 1.198*365
=43.11

Regenx Tech's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

Days Payable (Q: Dec. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2024 ) + Accounts Payable (Q: Dec. 2024 )) / count ) / Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=( (0.109 + 0.22) / 2 ) / 0.382*365 / 4
=0.1645 / 0.382*365 / 4
=39.29

* 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 39.29 mean?
Regenx Tech (RGXTF) has a Days Payable of 39.29 as of Dec. 2024. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Regenx Tech and its competitors.
Is Regenx Tech's Days Payable too high?
Regenx Tech's current Days Payable is 39.29. The Metals & Mining industry median Days Payable is 126.89. Regenx Tech's value of 39.29 is 69% below this industry median.
How does Regenx Tech's Days Payable compare to SRGZ and SILS?
Regenx Tech's Days Payable of 39.29 can be compared against companies in the Metals & Mining industry. The industry median Days Payable is 126.89. Regenx Tech's value of 39.29 is 69% below this benchmark. 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 126.89, 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. Regenx Tech's current Days Payable of 39.29 is 69% 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 Regenx Tech and its competitors. For the Metals & Mining industry, the median Days Payable is 126.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Regenx Tech's current Days Payable is 39.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Regenx Tech stock overvalued right now?
Regenx Tech (RGXTF) has a current Days Payable of 39.29. The current Days Payable is 39.29 and 69% below the Metals & Mining industry median of 126.89. 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 Regenx Tech (RGXTF), the current Days Payable is 39.29 as of Dec. 2024. 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.

Regenx Tech Business Description

Address 101 Lafleur Drive, St. Albert, AB, CAN, T8N 7M8
Regenx Tech Corp is a cleantech, urban mining company that recycles end-of-life diesel catalytic converters using its environmentally friendly proprietary technology for the recovery of precious metals, such as platinum and palladium.