RLX Technology (RLX Technology) Days Payable : 326.02 (As of Mar. 2024)

View and export this data going back to 2021. Start your Free Trial

What is RLX Technology Days Payable?

RLX Technology's average Accounts Payable for the three months ended in Mar. 2024 was $22.5 Mil. RLX Technology's Cost of Goods Sold for the three months ended in Mar. 2024 was $6.3 Mil. Hence, RLX Technology's Days Payable for the three months ended in Mar. 2024 was 326.02.

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

RLX' s Days Payable Range Over the Past 10 Years
Min: 31.59 Med: 36.2 Max: 85.75
Current: 58.36

During the past 6 years, RLX Technology's highest Days Payable was 85.75. The lowest was 31.59. And the median was 36.20.

RLX's Days Payable is ranked worse than
52% of 50 companies
in the Tobacco Products industry
Industry Median: 59.225 vs RLX: 58.36

RLX Technology's Days Payable increased from Mar. 2023 (57.53) to Mar. 2024 (326.02). It may suggest that RLX Technology delayed paying its suppliers.

RLX Technology Days Payable Historical Data

The historical data trend for RLX Technology'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.

RLX Technology Days Payable Chart

RLX Technology Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

31.67

53.83

38.69

37.20

34.77

RLX Technology Quarterly Data
	Dec18	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															57.53	29.60	76.99	40.91	326.02

Competitive Comparison of RLX Technology's Days Payable

For the Tobacco subindustry, RLX Technology'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.

RLX Technology's Days Payable Distribution in the Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, RLX Technology's Days Payable distribution charts can be found below:

* The bar in red indicates where RLX Technology's Days Payable falls into.

RLX Technology 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.

RLX Technology'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
=	( (7.529	+	15.323)	/	2 )	/	119.931	*	365
=	11.426					/	119.931	*	365
=	34.77

RLX Technology's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (15.323	+	29.695)	/	2 )	/	6.3	*	365 / 4
=	22.509					/	6.3	*	365 / 4
=	326.02

RLX Technology Days Payable Related Terms

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

RLX Technology (RLX Technology) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Tobacco Products » RLX Technology Inc (NYSE:RLX) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

3CM:Germany

Address

No. 10 South Chaoyang Park Avenue, 19th Floor, Building 1, Junhao Central Park Plaza, Chaoyang District, Beijing, CHN, 100026

Website

https://www.relxtech.com

RLX Technology Inc is engaged in the manufacturing of e-vapor products for adult smokers. It has an integrated offline distribution and "Branded store plus" retail model tailored to China's e-vapor market.