Riverstone Holdings (SGX:AP4) Days Payable : 31.71 (As of Dec. 2023)

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What is Riverstone Holdings Days Payable?

Riverstone Holdings's average Accounts Payable for the three months ended in Dec. 2023 was S$13.8 Mil. Riverstone Holdings's Cost of Goods Sold for the three months ended in Dec. 2023 was S$39.7 Mil. Hence, Riverstone Holdings's Days Payable for the three months ended in Dec. 2023 was 31.71.

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

SGX:AP4' s Days Payable Range Over the Past 10 Years
Min: 16.41 Med: 25.74 Max: 34.27
Current: 34.27

During the past 13 years, Riverstone Holdings's highest Days Payable was 34.27. The lowest was 16.41. And the median was 25.74.

SGX:AP4's Days Payable is ranked worse than
82.04% of 785 companies
in the Medical Devices & Instruments industry
Industry Median: 73.19 vs SGX:AP4: 34.27

Riverstone Holdings's Days Payable declined from Dec. 2022 (34.26) to Dec. 2023 (31.71). It may suggest that Riverstone Holdings accelerated paying its suppliers.

Riverstone Holdings Days Payable Historical Data

The historical data trend for Riverstone 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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Riverstone Holdings Days Payable Chart

Riverstone Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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25.75

25.73

21.05

20.93

16.41

Riverstone Holdings Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Jun20	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															34.26	32.33	47.94	43.64	31.71

Competitive Comparison of Riverstone Holdings's Days Payable

For the Medical Instruments & Supplies subindustry, Riverstone 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.

Riverstone Holdings's Days Payable Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Riverstone Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Riverstone Holdings's Days Payable falls into.

Riverstone 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.

Riverstone Holdings'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
=	( (8.752	+	7.17)	/	2 )	/	177.098	*	365
=	7.961					/	177.098	*	365
=	16.41

Riverstone Holdings'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: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (20.432	+	7.17)	/	2 )	/	39.711	*	365 / 4
=	13.801					/	39.711	*	365 / 4
=	31.71

Riverstone Holdings Days Payable Related Terms

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Riverstone Holdings (SGX:AP4) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Riverstone Holdings Ltd (SGX:AP4) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

80 Robinson Road, No. 02-00, Singapore, SGP, 068898

Website

https://www.riverstone.com.my

Riverstone Holdings Ltd is an investment holding company. The company is engaged in the manufacture and sale of gloves and non-glove consumables such as finger cots, static shielding bags, face masks, wipers, and packaging materials. The group's products are widely qualified and used in the Hard Disk Drive, semiconductor, and healthcare industries. It operates in three segments based on its geography: Malaysia, Thailand, China, and Others, of which the majority of its revenue comes from Malaysia.

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