RAS Technology Holdings (ASX:RTH) Days Payable : 0.00 (As of Jun. 2024)

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What is RAS Technology Holdings Days Payable?

RAS Technology Holdings's average Accounts Payable for the six months ended in Jun. 2024 was A$1.48 Mil. RAS Technology Holdings's Cost of Goods Sold for the six months ended in Jun. 2024 was A$-0.58 Mil.

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

ASX:RTH's Days Payable is not ranked ^*
in the Software industry.
Industry Median: 49.09
* Ranked among companies with meaningful Days Payable only.

RAS Technology Holdings's Days Payable stayed the same from Jun. 2023 (0.00) to Jun. 2024 (0.00).

RAS Technology Holdings Days Payable Historical Data

The historical data trend for RAS Technology 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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RAS Technology Holdings Days Payable Chart

RAS Technology Holdings Annual Data

Trend

Jun21

Jun22

Jun23

Jun24

Days Payable

RAS Technology Holdings Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Days Payable	Get a 7-Day Free Trial			-	495.92	-	470.67	-

Competitive Comparison of RAS Technology Holdings's Days Payable

For the Software - Infrastructure subindustry, RAS Technology 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.

RAS Technology Holdings's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, RAS Technology Holdings's Days Payable distribution charts can be found below:

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

RAS Technology 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.

RAS Technology Holdings's Days Payable for the fiscal year that ended in Jun. 2024 is calculated as

	Days Payable (A: Jun. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2023 )	+	Accounts Payable (A: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2024 )	*	Days in Period
=	( (0.247	+	0.24)	/	2 )	/	0	*	365
=	0.2435					/	0	*	365
=	N/A

RAS Technology Holdings's Days Payable for the quarter that ended in Jun. 2024 is calculated as:

	Days Payable (Q: Jun. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
=	( (2.724	+	0.24)	/	2 )	/	-0.576	*	365 / 2
=	1.482					/	-0.576	*	365 / 2
=	N/A

RAS Technology Holdings Days Payable Related Terms

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RAS Technology Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » RAS Technology Holdings Ltd (ASX:RTH) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

55 Wentworth Avenue, Unit 4, Mezzanine Level, Kingston, ACT, AUS, 2604

Website

https://racingandsports.company

RAS Technology Holdings Ltd is a provider of fully integrated premium data, enhanced content, SaaS solutions, and digital and media services to the global racing and wagering industries. Geographically the company operates in Australia, the United Kingdom, the United States, and the Rest of the World. The company generates the majority of its revenue from Australia.