Sailfish Royalty (Sailfish Royalty) Days Payable : 86.21 (As of Sep. 2023)

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What is Sailfish Royalty Days Payable?

Sailfish Royalty's average Accounts Payable for the three months ended in Sep. 2023 was $0.17 Mil. Sailfish Royalty's Cost of Goods Sold for the three months ended in Sep. 2023 was $0.18 Mil. Hence, Sailfish Royalty's Days Payable for the three months ended in Sep. 2023 was 86.21.

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

SROYF' s Days Payable Range Over the Past 10 Years
Min: 88.64 Med: 262.45 Max: 1442.2
Current: 182.09

During the past 7 years, Sailfish Royalty's highest Days Payable was 1442.20. The lowest was 88.64. And the median was 262.45.

SROYF's Days Payable is ranked better than
55.02% of 1065 companies
in the Metals & Mining industry
Industry Median: 130.91 vs SROYF: 182.09

Sailfish Royalty's Days Payable declined from Jun. 2022 (335.51) to Sep. 2023 (86.21). It may suggest that Sailfish Royalty accelerated paying its suppliers.

Sailfish Royalty Days Payable Historical Data

The historical data trend for Sailfish 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.

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Sailfish Royalty Days Payable Chart

Sailfish Royalty Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

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339.62

1,425.78

183.55

91.97

Sailfish Royalty Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23
Days Payable	Get a 7-Day Free Trial															335.51	346.88	183.91	60.34	86.21

Competitive Comparison of Sailfish Royalty's Days Payable

For the Gold subindustry, Sailfish 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.

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

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

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

Sailfish 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.

Sailfish Royalty's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (0.4	+	0.236)	/	2 )	/	1.262	*	365
=	0.318					/	1.262	*	365
=	91.97

Sailfish Royalty's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

	Days Payable (Q: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (0.174	+	0.168)	/	2 )	/	0.181	*	365 / 4
=	0.171					/	0.181	*	365 / 4
=	86.21

Sailfish Royalty Days Payable Related Terms

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Sailfish Royalty (Sailfish Royalty) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Sailfish Royalty Corp (OTCPK:SROYF) » Definitions » Days Payable

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Traded in Other Exchanges

FISH:Canada

Address

Sea Meadow House, PO Box 116, Tortola, Road Town, VGB, VG1110

Website

https://www.sailfishroyalty.com

Sailfish Royalty Corp is engaged in the acquisition of royalty and streaming agreements. The company's portfolio has two main assets on stage projects in the Americas: a gold stream equivalent to a 3% NSR on the San Albino gold project and a 2% NSR on the rest of the area surrounding San Albino in northern Nicaragua; and an up to 3% NSR on the Spring Valley gold project in Pershing County, Nevada.