Raymond Industrial (HKSE:00229) Days Payable: 60.69 (As of Dec. 2025) — Near Median

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HKSE:00229 Raymond Industrial Ltd HKSE:00229
43 GF Score
Price HK$0.79
GF Value HK$0.83
Valuation Fairly Valued
! 2 Warning Signs
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What is Raymond Industrial Days Payable?

Raymond Industrial HKSE:00229 43 Days Payable is 60.69 as of Dec. 2025, which is 2% below its 10-year median of 62.17. GuruFocus rates HKSE:00229 with a GF Score™ of 43/100 and a GF Value™ of HK$0.83 (Fairly Valued). The stock has 2 warning signs investors should review. Among 417 Furnishings, Fixtures & Appliances companies, Raymond Industrial ranks worse than 52.28% on this metric.

Raymond Industrial's average Accounts Payable for the six months ended in Dec. 2025 was HK$163 Mil. Raymond Industrial's Cost of Goods Sold for the six months ended in Dec. 2025 was HK$491 Mil. Hence, Raymond Industrial's Days Payable for the six months ended in Dec. 2025 was 60.69.

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

HKSE:00229' s Days Payable Range Over the Past 10 Years
Min: 48.17   Med: 62.17   Max: 78.82
Current: 60.89

During the past 13 years, Raymond Industrial's highest Days Payable was 78.82. The lowest was 48.17. And the median was 62.17.

HKSE:00229's Days Payable is ranked worse than
52.28% of 417 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 64.14 vs HKSE:00229: 60.89

Raymond Industrial's Days Payable increased from Dec. 2024 (57.92) to Dec. 2025 (60.69). It may suggest that Raymond Industrial delayed paying its suppliers.


Raymond Industrial Days Payable Historical Data

* Premium members only.

The historical data trend for Raymond Industrial'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.

Raymond Industrial Days Payable Chart

Raymond Industrial Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 69.63 78.82 48.17 57.99 62.28

Raymond Industrial Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 45.12 62.92 57.92 59.66 60.69

HKSE:00229 vs SN, SGI, MHK: Days Payable Comparison

For the Furnishings, Fixtures & Appliances subindustry, Raymond Industrial'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.


Raymond Industrial Days Payable vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Raymond Industrial's Days Payable distribution charts can be found below:

* The bar in red indicates where Raymond Industrial's Days Payable falls into.


HKSE:00229
43GF Score
Raymond Industrial Ltd HKSE:00229
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Raymond Industrial 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.

Raymond Industrial's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as

Days Payable (A: Dec. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2024 ) + Accounts Payable (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (145.98 + 176.141) / 2 ) / 943.857*365
=161.0605 / 943.857*365
=62.28

Raymond Industrial's Days Payable for the quarter that ended in Dec. 2025 is calculated as:

Days Payable (Q: Dec. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2025 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (150.263 + 176.141) / 2 ) / 490.757*365 / 2
=163.202 / 490.757*365 / 2
=60.69

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 60.69 mean?
Raymond Industrial (HKSE:00229) has a Days Payable of 60.69 as of Dec. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Raymond Industrial and its competitors. This is near median its historical median of 62.17. Over the past decade, Raymond Industrial's Days Payable has ranged from 48.17 to 78.82. According to the industry distribution chart, Raymond Industrial ranks #218 out of 417 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 52.3%.
Is Raymond Industrial's Days Payable too high?
Raymond Industrial's current Days Payable of 60.69 is near median its 10-year median of 62.17. Over the past 10 years, this metric has ranged from a low of 48.17 to a high of 78.82. The Furnishings, Fixtures & Appliances industry median Days Payable is 64.14. Raymond Industrial's value of 60.69 is 5.4% below this industry median. Based on the distribution chart, Raymond Industrial ranks #218 out of 417 companies in the Furnishings, Fixtures & Appliances industry, which is below the industry midpoint. Overall, Raymond Industrial has a GF Score™ of 43/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Raymond Industrial's Days Payable compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Raymond Industrial ranks #218 out of 417 companies for Days Payable. This places Raymond Industrial in the lower half of its industry. The industry median Days Payable is 64.14. Raymond Industrial's value of 60.69 is 5.4% below this benchmark. Historically, Raymond Industrial's own Days Payable has ranged from 48.17 to 78.82 over the past decade. While the company's 10-year median is 62.17 vs. the industry median of 64.14, Raymond Industrial has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Furnishings, Fixtures & Appliances company?
The median Days Payable among Furnishings, Fixtures & Appliances companies is 64.14, based on 417 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Raymond Industrial's current Days Payable of 60.69 is 5.4% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Raymond Industrial and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Days Payable is 64.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Raymond Industrial's current Days Payable is 60.69, which is near median its own 10-year median of 62.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Raymond Industrial stock overvalued right now?
Based on GuruFocus' analysis, Raymond Industrial (HKSE:00229) is currently considered Fairly Valued. The stock's GF Value™ is HK$0.83, compared to a current price of HK$0.79 — trading 4.8% below its estimated fair value. The current Days Payable is 60.69, which is near median its 10-year median of 62.17 and 5.4% below the Furnishings, Fixtures & Appliances industry median of 64.14. Raymond Industrial's overall GF Score™ is 43/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Raymond Industrial (HKSE:00229), the current Days Payable is 60.69 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Raymond Industrial (HKSE:00229) Overvalued in 2026?

Based on GuruFocus' analysis, Raymond Industrial stock appears to be undervalued. The current stock price of HK$0.79 is trading 4.8% below its estimated GF Value™ of HK$0.83. GuruFocus considers Raymond Industrial to be Fairly Valued.

Key valuation signals for HKSE:00229:

  • Days Payable: 60.69 (near median its 10-year median of 62.17)
  • GF Value™: HK$0.83 vs. price of HK$0.79 (4.8% below fair value)
  • GF Score™: 43/100 with 2 warning signs
  • Industry Position: 5.4% below the Furnishings, Fixtures & Appliances median (#218 of 417)

No single metric tells the full story. See the HKSE:00229 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Raymond Industrial Business Description

Address 8 On Ping Street, Rooms 1806-1813, 18th Floor, Grandtech Centre, Shatin, New Territories, Hong Kong, HKG
Raymond Industrial Ltd is engaged in the manufacture and sale of electrical home appliances. Its reportable operating segments are North America, mainly including the United States of America and Canada; Latin America, mainly including Mexico; Europe, mainly including the United Kingdom and the Netherlands; Asia, mainly including the PRC, Korea, and Japan; and the Rest of the World.
43GF Score

Get the complete analysis for HKSE:00229

Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

HK$0.79
Price
HK$0.83
GF Value