China Renaissance Holdings (China Renaissance Holdings) Days Payable : 282.31 (As of Jun. 2023)

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What is China Renaissance Holdings Days Payable?

China Renaissance Holdings's average Accounts Payable for the six months ended in Jun. 2023 was $84.15 Mil. China Renaissance Holdings's Cost of Goods Sold for the six months ended in Jun. 2023 was $54.40 Mil. Hence, China Renaissance Holdings's Days Payable for the six months ended in Jun. 2023 was 282.31.

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

CSCHF' s Days Payable Range Over the Past 10 Years
Min: 33.93 Med: 128.14 Max: 671.69
Current: 671.69

During the past 8 years, China Renaissance Holdings's highest Days Payable was 671.69. The lowest was 33.93. And the median was 128.14.

CSCHF's Days Payable is not ranked
in the Capital Markets industry.
Industry Median: 108.5 vs CSCHF: 671.69

China Renaissance Holdings's Days Payable declined from Dec. 2021 (348.16) to Jun. 2023 (282.31). It may suggest that China Renaissance Holdings accelerated paying its suppliers.

China Renaissance Holdings Days Payable Historical Data

The historical data trend for China Renaissance 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.

* Premium members only.

China Renaissance Holdings Days Payable Chart

China Renaissance Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

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121.76

156.51

376.10

314.07

China Renaissance Holdings Semi-Annual Data
	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Jun23
Days Payable	Get a 7-Day Free Trial									377.41	354.94	348.16	179.55	282.31

Competitive Comparison of China Renaissance Holdings's Days Payable

For the Capital Markets subindustry, China Renaissance 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.

China Renaissance Holdings's Days Payable Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, China Renaissance Holdings's Days Payable distribution charts can be found below:

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

China Renaissance 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.

China Renaissance Holdings's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (32.766	+	140.507)	/	2 )	/	0	*	365
=	86.6365					/	0	*	365
=	N/A

China Renaissance Holdings's Days Payable for the quarter that ended in Jun. 2023 is calculated as:

	Days Payable (Q: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2022 )	+	Accounts Payable (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (84.145	+	0)	/	1 )	/	54.396	*	365 / 2
=	84.145					/	54.396	*	365 / 2
=	282.31

China Renaissance Holdings Days Payable Related Terms

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China Renaissance Holdings (China Renaissance Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » China Renaissance Holdings Ltd (OTCPK:CSCHF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.2A Workers’ Stadium North Road, Pacific Century Place, Gate 1, Space 8, Chaoyang District, Beijing, CHN, 100027

Website

http://www.huaxing.com

China Renaissance Holdings Ltd is an investment banking and investment management company that combines private placement advisory, Merger and Acquisition advisory, securities underwriting, research, sales and trading, investment management, and other financial services. Its segments include Investment Banking, Investment Management, CR Securities, and Others. The company generates maximum revenue from the Investment Management segment.