Radiance Holdings (Group) Co (HKSE:09993) Days Payable : 135.46 (As of Dec. 2023)

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What is Radiance Holdings (Group) Co Days Payable?

Radiance Holdings (Group) Co's average Accounts Payable for the six months ended in Dec. 2023 was HK$12,745 Mil. Radiance Holdings (Group) Co's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$17,170 Mil. Hence, Radiance Holdings (Group) Co's Days Payable for the six months ended in Dec. 2023 was 135.46.

The historical rank and industry rank for Radiance Holdings (Group) Co's Days Payable or its related term are showing as below:

HKSE:09993' s Days Payable Range Over the Past 10 Years
Min: 131.36 Med: 147.65 Max: 201.34
Current: 140.71

During the past 7 years, Radiance Holdings (Group) Co's highest Days Payable was 201.34. The lowest was 131.36. And the median was 147.65.

HKSE:09993's Days Payable is ranked better than
60.67% of 1579 companies
in the Real Estate industry
Industry Median: 98.03 vs HKSE:09993: 140.71

Radiance Holdings (Group) Co's Days Payable declined from Dec. 2022 (152.68) to Dec. 2023 (135.46). It may suggest that Radiance Holdings (Group) Co accelerated paying its suppliers.

Radiance Holdings (Group) Co Days Payable Historical Data

The historical data trend for Radiance Holdings (Group) Co'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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Radiance Holdings (Group) Co Days Payable Chart

Radiance Holdings (Group) Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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131.36

139.81

147.65

169.69

140.58

Radiance Holdings (Group) Co Semi-Annual Data
	Dec17	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial						118.15	157.58	152.68	145.98	135.46

Competitive Comparison of Radiance Holdings (Group) Co's Days Payable

For the Real Estate - Development subindustry, Radiance Holdings (Group) Co'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.

Radiance Holdings (Group) Co's Days Payable Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Radiance Holdings (Group) Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Radiance Holdings (Group) Co's Days Payable falls into.

Radiance Holdings (Group) Co 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.

Radiance Holdings (Group) Co'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
=	( (14635.75	+	12090.166)	/	2 )	/	34694.642	*	365
=	13362.958					/	34694.642	*	365
=	140.58

Radiance Holdings (Group) Co'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
=	( (13399.563	+	12090.166)	/	2 )	/	17170.133	*	365 / 2
=	12744.8645					/	17170.133	*	365 / 2
=	135.46

Radiance Holdings (Group) Co Days Payable Related Terms

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Radiance Holdings (Group) Co (HKSE:09993) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Radiance Holdings (Group) Co Ltd (HKSE:09993) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

Qiyang Road, 42nd Floor, Radiance Plaza, Wangjing, Chaoyang District, Beijing, CHN, 100029

Website

http://www.radiance.com.cn

Radiance Holdings (Group) Co Ltd is an investment holding company engaged in the development and sale of properties, property leasing, and the provision of management consulting services. The company derives a majority of its revenue from Mainland China.

Executives

Glowing Shine Limited	2101 Beneficial owner
Radiance Group Holdings Limited	2201 Interest of corporation controlled by you
Lam Fung Ying	2201 Interest of corporation controlled by you
Lam Ting Keung	2201 Interest of corporation controlled by you

Radiance Holdings (Group) Co (HKSE:09993) Headlines

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