Royal Deluxe Holdings (HKSE:03789) Days Payable : 23.09 (As of Sep. 2023)

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What is Royal Deluxe Holdings Days Payable?

Royal Deluxe Holdings's average Accounts Payable for the six months ended in Sep. 2023 was HK$41.3 Mil. Royal Deluxe Holdings's Cost of Goods Sold for the six months ended in Sep. 2023 was HK$326.8 Mil. Hence, Royal Deluxe Holdings's Days Payable for the six months ended in Sep. 2023 was 23.09.

The historical rank and industry rank for Royal Deluxe Holdings's Days Payable or its related term are showing as below:

HKSE:03789' s Days Payable Range Over the Past 10 Years
Min: 26.39 Med: 37.1 Max: 101.12
Current: 32.71

During the past 10 years, Royal Deluxe Holdings's highest Days Payable was 101.12. The lowest was 26.39. And the median was 37.10.

HKSE:03789's Days Payable is ranked worse than
86.6% of 1604 companies
in the Construction industry
Industry Median: 75.97 vs HKSE:03789: 32.71

Royal Deluxe Holdings's Days Payable declined from Sep. 2022 (46.33) to Sep. 2023 (23.09). It may suggest that Royal Deluxe Holdings accelerated paying its suppliers.

Royal Deluxe Holdings Days Payable Historical Data

The historical data trend for Royal Deluxe Holdings'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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Royal Deluxe Holdings Days Payable Chart

Royal Deluxe Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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45.19

37.76

29.38

55.14

26.39

Royal Deluxe Holdings Semi-Annual Data
	Mar14	Mar15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Payable	Get a 7-Day Free Trial													39.25	51.42	46.33	34.93	23.09

Competitive Comparison of Royal Deluxe Holdings's Days Payable

For the Engineering & Construction subindustry, Royal Deluxe Holdings'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.

Royal Deluxe Holdings's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, Royal Deluxe Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Royal Deluxe Holdings's Days Payable falls into.

Royal Deluxe Holdings 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.

Royal Deluxe Holdings's Days Payable for the fiscal year that ended in Mar. 2023 is calculated as

	Days Payable (A: Mar. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2022 )	+	Accounts Payable (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (59.201	+	32.823)	/	2 )	/	636.487	*	365
=	46.012					/	636.487	*	365
=	26.39

Royal Deluxe Holdings's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

	Days Payable (Q: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (32.823	+	49.873)	/	2 )	/	326.752	*	365 / 2
=	41.348					/	326.752	*	365 / 2
=	23.09

Royal Deluxe Holdings Days Payable Related Terms

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Royal Deluxe Holdings (HKSE:03789) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Royal Deluxe Holdings Ltd (HKSE:03789) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

10 Shing Yip Street, Unit A, 22nd Floor, T G Place, Kwun Tong, Kowloon, Hong Kong, HKG

Website

https://www.royal-deluxe.com

Royal Deluxe Holdings Ltd is a subcontractor engaged in providing formwork erection as well as related ancillary services. The company also offers fit-out services. The majority of the operations of the group are located in Hong Kong and generate a majority of revenue from the provision of formwork erection and related ancillary services.

Executives

Chao Lai Heng	2201 Interest of corporation controlled by you
Wang Kei Ming	2201 Interest of corporation controlled by you
Wang K M Limited	2101 Beneficial owner

Royal Deluxe Holdings (HKSE:03789) Headlines

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