Orogen Royalties (TSXV:OGN) Days Payable : 2,011.30 (As of Dec. 2023)

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What is Orogen Royalties Days Payable?

Orogen Royalties's average Accounts Payable for the three months ended in Dec. 2023 was C$0.53 Mil. Orogen Royalties's Cost of Goods Sold for the three months ended in Dec. 2023 was C$0.02 Mil. Hence, Orogen Royalties's Days Payable for the three months ended in Dec. 2023 was 2,011.30.

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

TSXV:OGN' s Days Payable Range Over the Past 10 Years
Min: 186.4 Med: 847.87 Max: 1973.12
Current: 1973.12

During the past 13 years, Orogen Royalties's highest Days Payable was 1973.12. The lowest was 186.40. And the median was 847.87.

TSXV:OGN's Days Payable is ranked better than
72.57% of 1068 companies
in the Metals & Mining industry
Industry Median: 133.65 vs TSXV:OGN: 1973.12

Orogen Royalties's Days Payable increased from Dec. 2022 (841.99) to Dec. 2023 (2,011.30). It may suggest that Orogen Royalties delayed paying its suppliers.

Orogen Royalties Days Payable Historical Data

The historical data trend for Orogen Royalties'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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Orogen Royalties Days Payable Chart

Orogen Royalties Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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228.38

216.18

186.40

595.23

1,666.57

Orogen Royalties Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															841.99	1,170.38	-	-	2,011.30

Competitive Comparison of Orogen Royalties's Days Payable

For the Gold subindustry, Orogen Royalties'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.

Orogen Royalties's Days Payable Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Orogen Royalties's Days Payable falls into.

Orogen Royalties 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.

Orogen Royalties'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
=	( (0.302	+	0.529)	/	2 )	/	0.090999999999999	*	365
=	0.4155					/	0.090999999999999	*	365
=	1,666.57

Orogen Royalties's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (0	+	0.529)	/	1 )	/	0.024	*	365 / 4
=	0.529					/	0.024	*	365 / 4
=	2,011.30

Orogen Royalties Days Payable Related Terms

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Orogen Royalties (TSXV:OGN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Orogen Royalties Inc (TSXV:OGN) » Definitions » Days Payable

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Traded in Other Exchanges

OGNRF:USA

Address

1015-789 West Pender Street, Vancouver, BC, CAN, V6C 1H2

Website

https://www.orogenroyalties.com

Orogen Royalties Inc is a mineral exploration company. The company with a diverse portfolio of precious metal royalties and copper, gold, and silver exploration projects in Canada, United States, Mexico, Kenya, and Argentina. The company's royalty portfolio includes the Ermitano West gold deposit in Sonora, Mexico being developed by First Majestic Silver Corp and the Silicon gold project in Nevada, USA, being advanced by AngloGold Ashanti N.A. The company is well-financed with several projects actively being developed by joint venture partners.

Executives

André Gaumond

Director or Senior Officer of 10% Security Holder