STXMF (Starrex International) Days Payable: 118.12 (As of Mar. 2024)


STXMF Starrex International Ltd STXMF
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What is Starrex International Days Payable?

Starrex International STXMF -91.11% 12 Days Payable is 118.12 as of Mar. 2024. GuruFocus rates STXMF with a GF Score™ of 12/100.

Starrex International's average Accounts Payable for the three months ended in Mar. 2024 was $1.47 Mil. Starrex International's Cost of Goods Sold for the three months ended in Mar. 2024 was $1.14 Mil. Hence, Starrex International's Days Payable for the three months ended in Mar. 2024 was 118.12.

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

STXMF's Days Payable is not ranked *
in the Banks industry.
Industry Median: 32.94
* Ranked among companies with meaningful Days Payable only.

Starrex International's Days Payable declined from Mar. 2023 (262.96) to Mar. 2024 (118.12). It may suggest that Starrex International accelerated paying its suppliers.

Starrex International Days Payable Historical Data

* Premium members only.

The historical data trend for Starrex International'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.

Starrex International Days Payable Chart

Starrex International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 160.06 0.00 983.15 544.56 92.08

Starrex International Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 262.96 82.41 64.30 72.02 118.12

STXMF vs LRBI, FNMA, COOP: Days Payable Comparison

For the Mortgage Finance subindustry, Starrex International'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.

Starrex International Days Payable vs Banks Industry

For the Banks industry and Financial Services sector, Starrex International's Days Payable distribution charts can be found below:

* The bar in red indicates where Starrex International's Days Payable falls into.


STXMF
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Starrex International Ltd STXMF
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Starrex International 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.

Starrex International'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
=( (0.773 + 1.455) / 2 ) / 4.416*365
=1.114 / 4.416*365
=92.08

Starrex International's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

Days Payable (Q: Mar. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2023 ) + Accounts Payable (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (1.455 + 1.486) / 2 ) / 1.136*365 / 4
=1.4705 / 1.136*365 / 4
=118.12

* 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 118.12 mean?
Starrex International (STXMF) has a Days Payable of 118.12 as of Mar. 2024. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Starrex International and its competitors.
Is Starrex International's Days Payable too high?
Starrex International's current Days Payable is 118.12. The Banks industry median Days Payable is 32.94. Starrex International's value of 118.12 is 258.6% above this industry median. Overall, Starrex International has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Starrex International's Days Payable compare to LRBI and FNMA?
Starrex International's Days Payable of 118.12 can be compared against companies in the Banks industry. The industry median Days Payable is 32.94. Starrex International's value of 118.12 is 258.6% above 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 Banks company?
The median Days Payable among Banks companies is 32.94, based on 33 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. Starrex International's current Days Payable of 118.12 is 258.6% 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 Starrex International and its competitors. For the Banks industry, the median Days Payable is 32.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Starrex International's current Days Payable is 118.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Starrex International stock overvalued right now?
Starrex International (STXMF) has a current Days Payable of 118.12. The current Days Payable is 118.12 and 258.6% above the Banks industry median of 32.94. Starrex International's overall GF Score™ is 12/100. 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 Starrex International (STXMF), the current Days Payable is 118.12 as of Mar. 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.

Starrex International Business Description

Address 1250, 639 - 5th Avenue South West, Calgary, AB, CAN, T2P 0M9
Starrex International Ltd is engaged in acquiring, managing, and growing companies in the United States active in the mortgage, real estate, and other financial sectors. it operates in three segments; Starrex International Ltd. or Corporate, manages the wholly owned subsidiaries, as well as shareholder services and corporate governance; MFI Credit Solutions, LLC manages consumer credit reporting and maintains all of the ordering, tracking, administrative duties and details required to support consumer credit reporting activities; and All American Title Company, LLC. provides services required to transfer title to property in a real estate transaction and includes services such as searching, abstracting, examining, closing and insuring the condition of the title to the property.
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