Route 109 Resources (TSXV:RTE) Days Payable: (As of May. 2026)

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What is Route 109 Resources Days Payable?

Route 109 Resources's average Accounts Payable for the three months ended in May. 2026 was C$0.00 Mil. Route 109 Resources's Cost of Goods Sold for the three months ended in May. 2026 was C$0.00 Mil.

The historical rank and industry rank for Route 109 Resources's Days Payable or its related term are showing as below:

During the past 9 years, Route 109 Resources's highest Days Payable was 24455.00. The lowest was 182.50. And the median was 8212.50.

TSXV:RTE's Days Payable is not ranked *
in the Metals & Mining industry.
Industry Median: 124.95
* Ranked among companies with meaningful Days Payable only.

Route 109 Resources's Days Payable stayed the same from May. 2025 () to May. 2026 (). stayed the same

Route 109 Resources Days Payable Historical Data

* Premium members only.

The historical data trend for Route 109 Resources'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.

Route 109 Resources Days Payable Chart

Route 109 Resources Annual Data
Trend Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Days Payable
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Route 109 Resources Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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TSXV:RTE vs NEM, AU: Days Payable Comparison

For the Gold subindustry, Route 109 Resources'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.

Route 109 Resources Days Payable vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Route 109 Resources's Days Payable distribution charts can be found below:

* The bar in red indicates where Route 109 Resources's Days Payable falls into.


Route 109 Resources 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.

Route 109 Resources's Days Payable for the fiscal year that ended in Aug. 2025 is calculated as

Days Payable (A: Aug. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Aug. 2024 ) + Accounts Payable (A: Aug. 2025 )) / count ) / Cost of Goods Sold (A: Aug. 2025 )*Days in Period
=( (0 + 0) / 1 ) / 0*365
=0 / 0*365
=N/A

Route 109 Resources's Days Payable for the quarter that ended in May. 2026 is calculated as:

Days Payable (Q: May. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Feb. 2026 ) + Accounts Payable (Q: May. 2026 )) / count ) / Cost of Goods Sold (Q: May. 2026 )*Days in Period
=( (0 + 0) / 1 ) / 0*365 / 4
=0 / 0*365 / 4
=N/A

* 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.

Route 109 Resources Business Description

Other Exchanges 8M0:Germany
Address 1185 W. Georgia Street, Suite 1400, Vancouver, BC, CAN, V6E 4E6
Route 109 Resources Inc is a junior Canadian mining exploration company with the primary objective to acquire, explore, and develop viable gold and base metal projects in the mining-friendly jurisdictions of Quebec, Canada. The company operates in one reportable operating segment, being exploration and evaluation of mineral properties in Canada.