RooLife Group (ASX:RLG) Days Payable : 120.26 (As of Dec. 2023)

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What is RooLife Group Days Payable?

RooLife Group's average Accounts Payable for the six months ended in Dec. 2023 was A$3.76 Mil. RooLife Group's Cost of Goods Sold for the six months ended in Dec. 2023 was A$5.71 Mil. Hence, RooLife Group's Days Payable for the six months ended in Dec. 2023 was 120.26.

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

ASX:RLG' s Days Payable Range Over the Past 10 Years
Min: 30.96 Med: 68.97 Max: 391.01
Current: 114.45

During the past 6 years, RooLife Group's highest Days Payable was 391.01. The lowest was 30.96. And the median was 68.97.

ASX:RLG's Days Payable is ranked better than
72.42% of 2531 companies
in the Software industry
Industry Median: 50.13 vs ASX:RLG: 114.45

RooLife Group's Days Payable increased from Dec. 2022 (83.93) to Dec. 2023 (120.26). It may suggest that RooLife Group delayed paying its suppliers.

RooLife Group Days Payable Historical Data

The historical data trend for RooLife Group'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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RooLife Group Days Payable Chart

RooLife Group Annual Data

Trend

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Payable

Get a 7-Day Free Trial

391.01

30.96

39.19

98.75

RooLife Group Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial									51.17	59.73	83.93	106.37	120.26

Competitive Comparison of RooLife Group's Days Payable

For the Software - Application subindustry, RooLife Group'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.

RooLife Group's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, RooLife Group's Days Payable distribution charts can be found below:

* The bar in red indicates where RooLife Group's Days Payable falls into.

RooLife Group 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.

RooLife Group's Days Payable for the fiscal year that ended in Jun. 2023 is calculated as

	Days Payable (A: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2022 )	+	Accounts Payable (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (2.221	+	3.274)	/	2 )	/	10.155	*	365
=	2.7475					/	10.155	*	365
=	98.75

RooLife Group'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: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (3.274	+	4.246)	/	2 )	/	5.706	*	365 / 2
=	3.76					/	5.706	*	365 / 2
=	120.26

RooLife Group Days Payable Related Terms

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RooLife Group (ASX:RLG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » RooLife Group Ltd (ASX:RLG) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

1138 Hay Street, Level 3, West Perth, Perth, WA, AUS, 6005

Website

https://www.roolifegroup.com.au

RooLife Group Ltd is engaged in the provision of fully integrated digital marketing and customer acquisition services driving online sales of products and services. Powered by its hyper-personalization and profiling Artificial Intelligence System, the company provides personalized real-time, targeted marketing, with a key focus on driving sales via its e-commerce marketplaces, enabling businesses to sell directly to Chinese consumers and accept payment via the WeChat and Alipay mobile payments platforms. Geographically, the company generates maximum revenue from China.

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