STRXF (StrategX Elements) Days Payable : 8,043.04 (As of Jun. 2024)

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What is StrategX Elements Days Payable?

StrategX Elements's average Accounts Payable for the three months ended in Jun. 2024 was $0.62 Mil. StrategX Elements's Cost of Goods Sold for the three months ended in Jun. 2024 was $0.01 Mil. Hence, StrategX Elements's Days Payable for the three months ended in Jun. 2024 was 8,043.04.

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

STRXF' s Days Payable Range Over the Past 10 Years
Min: 77197.5 Med: 77197.5 Max: 77197.5
Current: 23846.67

During the past 4 years, StrategX Elements's highest Days Payable was 77197.50. The lowest was 77197.50. And the median was 77197.50.

STRXF's Days Payable is ranked better than
94.07% of 1063 companies
in the Metals & Mining industry
Industry Median: 135.87 vs STRXF: 23846.67

StrategX Elements's Days Payable increased from Jun. 2023 (0.00) to Jun. 2024 (8,043.04). It may suggest that StrategX Elements delayed paying its suppliers.

StrategX Elements Days Payable Historical Data

The historical data trend for StrategX Elements'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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StrategX Elements Days Payable Chart

StrategX Elements Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Payable

85,546.88

StrategX Elements Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Days Payable	Get a 7-Day Free Trial										-	-	-	7,710.63	8,043.04

Competitive Comparison of StrategX Elements's Days Payable

For the Other Industrial Metals & Mining subindustry, StrategX Elements'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.

StrategX Elements's Days Payable Distribution in the Metals & Mining Industry

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

* The bar in red indicates where StrategX Elements's Days Payable falls into.

StrategX Elements 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.

StrategX Elements'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
=	( (1.301	+	0.574)	/	2 )	/	0.004	*	365
=	0.9375					/	0.004	*	365
=	85,546.88

StrategX Elements's Days Payable for the quarter that ended in Jun. 2024 is calculated as:

	Days Payable (Q: Jun. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2024 )	+	Accounts Payable (Q: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
=	( (0.609	+	0.625)	/	2 )	/	0.007	*	365 / 4
=	0.617					/	0.007	*	365 / 4
=	8,043.04

StrategX Elements Days Payable Related Terms

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StrategX Elements Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » StrategX Elements Corp (OTCPK:STRXF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

STGX:Canada

Address

55 Water Street, Suite 514, Vancouver, BC, CAN, V6B 1A1

Website

https://www.strategxcorp.com

StrategX Elements Corp X is engaged in the acquisition, exploration, and development of mineral resource properties. The company owns properties in the Northwest Territories and Nunavut, Canada. Its principal property is the 939 Property located in the Northwest Territories.

StrategX Elements Headlines

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