Runhua Living Service Group Holdings (HKSE:02455) Days Payable : 25.02 (As of Jun. 2023)

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What is Runhua Living Service Group Holdings Days Payable?

Runhua Living Service Group Holdings's average Accounts Payable for the six months ended in Jun. 2023 was HK$44.8 Mil. Runhua Living Service Group Holdings's Cost of Goods Sold for the six months ended in Jun. 2023 was HK$326.4 Mil. Hence, Runhua Living Service Group Holdings's Days Payable for the six months ended in Jun. 2023 was 25.02.

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

HKSE:02455' s Days Payable Range Over the Past 10 Years
Min: 10.09 Med: 26.27 Max: 31.4
Current: 25.2

During the past 5 years, Runhua Living Service Group Holdings's highest Days Payable was 31.40. The lowest was 10.09. And the median was 26.27.

HKSE:02455's Days Payable is ranked worse than
84.36% of 1579 companies
in the Real Estate industry
Industry Median: 101.48 vs HKSE:02455: 25.20

Runhua Living Service Group Holdings's Days Payable declined from Jun. 2022 (27.06) to Jun. 2023 (25.02). It may suggest that Runhua Living Service Group Holdings accelerated paying its suppliers.

Runhua Living Service Group Holdings Days Payable Historical Data

The historical data trend for Runhua Living Service Group 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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Runhua Living Service Group Holdings Days Payable Chart

Runhua Living Service Group Holdings Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

10.09

24.30

31.40

28.24

26.43

Runhua Living Service Group Holdings Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial			28.31	27.06	21.33	25.02	24.20

Competitive Comparison of Runhua Living Service Group Holdings's Days Payable

For the Real Estate Services subindustry, Runhua Living Service Group 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.

Runhua Living Service Group Holdings's Days Payable Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Runhua Living Service Group Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Runhua Living Service Group Holdings's Days Payable falls into.

Runhua Living Service Group 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.

Runhua Living Service Group Holdings's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (52.28	+	46.205)	/	2 )	/	636.358	*	365
=	49.2425					/	636.358	*	365
=	28.24

Runhua Living Service Group Holdings's Days Payable for the quarter that ended in Jun. 2023 is calculated as:

	Days Payable (Q: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2022 )	+	Accounts Payable (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (46.205	+	43.295)	/	2 )	/	326.378	*	365 / 2
=	44.75					/	326.378	*	365 / 2
=	25.02

Runhua Living Service Group Holdings Days Payable Related Terms

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Runhua Living Service Group Holdings (HKSE:02455) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Runhua Living Service Group Holdings Ltd (HKSE:02455) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 28988 Jingshi Road, 6th Floor, Building No. 1, Lemeng Center, Shandong Province, Jinan, CHN

Website

http://www.sdrhwy.cn

Runhua Living Service Group Holdings Ltd is a comprehensive property management service provider in China. The business activities of the company are divided into four segments in terms of nature, namely property management services; property engineering and landscape construction services; ) leasing services from property investment; and other services.

Executives

Liang Yuefeng	2202 Interest of your spouse
Luan Hangqian	2201 Interest of corporation controlled by you
Luan Tao	2201 Interest of corporation controlled by you
Springrain Investment Limited	2101 Beneficial owner
Ji Nan Huai Yin Cheng Shi Jian She Tou Zi Ji Tuan You Xian Gong Si	2101 Beneficial owner

Runhua Living Service Group Holdings (HKSE:02455) Headlines

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