Regina Miracle International (Holdings) (HKSE:02199) Days Payable : 26.11 (As of Sep. 2023)

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What is Regina Miracle International (Holdings) Days Payable?

Regina Miracle International (Holdings)'s average Accounts Payable for the six months ended in Sep. 2023 was HK$387 Mil. Regina Miracle International (Holdings)'s Cost of Goods Sold for the six months ended in Sep. 2023 was HK$2,702 Mil. Hence, Regina Miracle International (Holdings)'s Days Payable for the six months ended in Sep. 2023 was 26.11.

The historical rank and industry rank for Regina Miracle International (Holdings)'s Days Payable or its related term are showing as below:

HKSE:02199' s Days Payable Range Over the Past 10 Years
Min: 26.76 Med: 29.44 Max: 40.51
Current: 30.26

During the past 9 years, Regina Miracle International (Holdings)'s highest Days Payable was 40.51. The lowest was 26.76. And the median was 29.44.

HKSE:02199's Days Payable is ranked worse than
75.24% of 1022 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 57.25 vs HKSE:02199: 30.26

Regina Miracle International (Holdings)'s Days Payable declined from Sep. 2022 (28.22) to Sep. 2023 (26.11). It may suggest that Regina Miracle International (Holdings) accelerated paying its suppliers.

Regina Miracle International (Holdings) Days Payable Historical Data

The historical data trend for Regina Miracle International (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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Regina Miracle International (Holdings) Days Payable Chart

Regina Miracle International (Holdings) Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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29.19

28.44

31.21

27.83

26.76

Regina Miracle International (Holdings) Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Payable	Get a 7-Day Free Trial														30.15	32.38	28.22	31.32	26.11

Competitive Comparison of Regina Miracle International (Holdings)'s Days Payable

For the Apparel Manufacturing subindustry, Regina Miracle International (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.

Regina Miracle International (Holdings)'s Days Payable Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Regina Miracle International (Holdings)'s Days Payable distribution charts can be found below:

* The bar in red indicates where Regina Miracle International (Holdings)'s Days Payable falls into.

Regina Miracle International (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.

Regina Miracle International (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
=	( (536.27	+	340.327)	/	2 )	/	5977.176	*	365
=	438.2985					/	5977.176	*	365
=	26.76

Regina Miracle International (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
=	( (340.327	+	432.788)	/	2 )	/	2702.087	*	365 / 2
=	386.5575					/	2702.087	*	365 / 2
=	26.11

Regina Miracle International (Holdings) Days Payable Related Terms

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Regina Miracle International (Holdings) (HKSE:02199) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Regina Miracle International (Holdings) Ltd (HKSE:02199) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

RMT:Germany

Address

63 Wo Yi Hop Road, 10th Floor, Tower A, Regent Centre, Kwai Chung, Hong Kong, HKG

Website

https://www.reginamiracleholdings.com

Regina Miracle International (Holdings) Ltd is an investment holding company. The company's operating segment includes Intimate wear; Sports products; Consumer electronics components; Bra pads and molded products; Footwear and Fabric masks. The company generates maximum revenue from the Intimate wear segment which is engaged in the manufacturing and trading of bras, bra tops, panties, shapewear, and swimwear. Geographically, the company derives a majority of its revenue from the United States.

Executives

Regent Marvel Investment Holdings Limited	2101 Beneficial owner
Choy King Ngor	2202 Interest of your spouse
Hung Yau Lit	2201 Interest of corporation controlled by you
King Terrace Limited	2101 Beneficial owner
Hui Ching Lau	2201 Interest of corporation controlled by you
Yiheng Capital, Llc

Regina Miracle International (Holdings) (HKSE:02199) Headlines

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