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VOXR (Vox Royalty) Days Payable : 21.67 (As of Sep. 2024)


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What is Vox Royalty Days Payable?

Vox Royalty's average Accounts Payable for the three months ended in Sep. 2024 was $0.13 Mil. Vox Royalty's Cost of Goods Sold for the three months ended in Sep. 2024 was $0.54 Mil. Hence, Vox Royalty's Days Payable for the three months ended in Sep. 2024 was 21.67.

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

VOXR' s Days Payable Range Over the Past 10 Years
Min: 30.59   Med: 67.25   Max: 2298.15
Current: 30.59

During the past 5 years, Vox Royalty's highest Days Payable was 2298.15. The lowest was 30.59. And the median was 67.25.

VOXR's Days Payable is ranked worse than
85.22% of 1042 companies
in the Metals & Mining industry
Industry Median: 129.5 vs VOXR: 30.59

Vox Royalty's Days Payable declined from Sep. 2023 (84.04) to Sep. 2024 (21.67). It may suggest that Vox Royalty accelerated paying its suppliers.


Vox Royalty Days Payable Historical Data

The historical data trend for Vox 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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Vox Royalty Days Payable Chart

Vox Royalty Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
- 2,285.60 70.52 63.74 63.39

Vox Royalty 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 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 84.04 30.33 59.24 23.75 21.67

Competitive Comparison of Vox Royalty's Days Payable

For the Other Precious Metals & Mining subindustry, Vox 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.


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

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

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



Vox 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.

Vox Royalty'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
=( (0.448 + 0.362) / 2 ) / 2.332*365
=0.405 / 2.332*365
=63.39

Vox Royalty'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
=( (0.134 + 0.123) / 2 ) / 0.541*365 / 4
=0.1285 / 0.541*365 / 4
=21.67

* 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.


Vox Royalty Days Payable Related Terms

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Vox Royalty Business Description

Traded in Other Exchanges
Address
66 Wellington Street West, Suite 5300, Td Bank Tower, Toronto, ON, CAN, M5K1E6
Vox Royalty Corp is a returns-focused mining royalty company with a portfolio of over 60 royalties and streams spanning eight jurisdictions. It has built intellectual property, a technically focused transactional team, and a sourcing network which has allowed Vox to target the highest returns on royalty acquisitions in the mining royalty sector.