RLYGF (Riley Gold) Days Payable : 69.96 (As of Sep. 2024)

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What is Riley Gold Days Payable?

Riley Gold's average Accounts Payable for the three months ended in Sep. 2024 was $0.01 Mil. Riley Gold's Cost of Goods Sold for the three months ended in Sep. 2024 was $0.02 Mil. Hence, Riley Gold's Days Payable for the three months ended in Sep. 2024 was 69.96.

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

RLYGF' s Days Payable Range Over the Past 10 Years
Min: 677.99 Med: 5802.43 Max: 5802.43
Current: 677.99

During the past 11 years, Riley Gold's highest Days Payable was 5802.43. The lowest was 677.99. And the median was 5802.43.

RLYGF's Days Payable is ranked better than
63.69% of 1041 companies
in the Metals & Mining industry
Industry Median: 129.57 vs RLYGF: 677.99

Riley Gold's Days Payable declined from Sep. 2023 (666.13) to Sep. 2024 (69.96). It may suggest that Riley Gold accelerated paying its suppliers.

Riley Gold Days Payable Historical Data

The historical data trend for Riley 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.

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Riley Gold Days Payable Chart

Riley Gold Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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5,847.30

Riley Gold 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															666.13	1,499.54	1,387.00	133.83	69.96

Competitive Comparison of Riley Gold's Days Payable

For the Other Precious Metals & Mining subindustry, Riley 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.

Riley Gold's Days Payable Distribution in the Metals & Mining Industry

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

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

Riley 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.

Riley Gold'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
=	( (0.381	+	0.42)	/	2 )	/	0.025	*	365
=	0.4005					/	0.025	*	365
=	5,847.30

Riley Gold'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
=	( (0.008	+	0.015)	/	2 )	/	0.015	*	365 / 4
=	0.0115					/	0.015	*	365 / 4
=	69.96

Riley Gold Days Payable Related Terms

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Riley Gold Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Riley Gold Corp (OTCPK:RLYGF) » Definitions » Days Payable

Comparable Companies

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RLYG:Canada

Address

1055 West Hastings Street, Suite 2390, Vancouver, BC, CAN, V6E 2E9

Website

https://www.rileygoldcorp.com

Riley Gold Corp is a Canada-based precious metals exploration company. It is engaged in the acquisition and exploration of mineral properties located in the state of Nevada, USA. The company's projects include the Tokop Gold project, the Pipeline West/Clipper Project, and the East Manhattan Wash project.