GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Renze Harvest International Ltd (HKSE:01282) » Definitions » Days Payable

Renze Harvest International (HKSE:01282) Days Payable : 613.26 (As of Dec. 2023)


View and export this data going back to 2010. Start your Free Trial

What is Renze Harvest International Days Payable?

Renze Harvest International's average Accounts Payable for the six months ended in Dec. 2023 was HK$1,076.1 Mil. Renze Harvest International's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$320.2 Mil. Hence, Renze Harvest International's Days Payable for the six months ended in Dec. 2023 was 613.26.

The historical rank and industry rank for Renze Harvest International's Days Payable or its related term are showing as below:

HKSE:01282' s Days Payable Range Over the Past 10 Years
Min: 41.32   Med: 194.53   Max: 1188.29
Current: 538.46

During the past 13 years, Renze Harvest International's highest Days Payable was 1188.29. The lowest was 41.32. And the median was 194.53.

HKSE:01282's Days Payable is ranked better than
88.04% of 1572 companies
in the Real Estate industry
Industry Median: 99.68 vs HKSE:01282: 538.46

Renze Harvest International's Days Payable increased from Dec. 2022 (351.98) to Dec. 2023 (613.26). It may suggest that Renze Harvest International delayed paying its suppliers.


Renze Harvest International Days Payable Historical Data

The historical data trend for Renze Harvest International'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.

* Premium members only.

Renze Harvest International Days Payable Chart

Renze Harvest International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 104.05 1,188.29 396.28 331.60 494.48

Renze Harvest International Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 330.16 416.75 351.98 500.35 613.26

Competitive Comparison of Renze Harvest International's Days Payable

For the Real Estate - Diversified subindustry, Renze Harvest International'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.


Renze Harvest International's Days Payable Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Renze Harvest International's Days Payable distribution charts can be found below:

* The bar in red indicates where Renze Harvest International's Days Payable falls into.



Renze Harvest International 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.

Renze Harvest International'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
=( (510.64 + 1119.629) / 2 ) / 601.688*365
=815.1345 / 601.688*365
=494.48

Renze Harvest International'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
=( (1032.608 + 1119.629) / 2 ) / 320.242*365 / 2
=1076.1185 / 320.242*365 / 2
=613.26

* 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.


Renze Harvest International Days Payable Related Terms

Thank you for viewing the detailed overview of Renze Harvest International's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.


Renze Harvest International (HKSE:01282) Business Description

Traded in Other Exchanges
Address
Unit 1909, 19/F, Tower Two, Lippo Centre, No. 89, Queensway, Admiralty, HKG
Renze Harvest International Ltd Formerly Glory Sun Financial Group Ltd is a holding company in China that reports in four business segments: Automation, Financial services, Property investment and development, and Securities Investment. It generates maximum revenue from the Property Investment and Development segment.
Executives
China Grand Developments Limited 2101 Beneficial owner
Ma Jianghao 2201 Interest of corporation controlled by you
Bao Xin Development Limited 2101 Beneficial owner
Bao Xin International Group Limited 2201 Interest of corporation controlled by you
Tinmark Development Limited 2201 Interest of corporation controlled by you
Yao Jianhui 2201 Interest of corporation controlled by you
Qian Hai Ren Shou Bao Xian Gu Fen You Xian Gong Si 2101 Beneficial owner

Renze Harvest International (HKSE:01282) Headlines

No Headlines