Richly Field China Development (HKSE:00313) Days Payable : 5,002.65 (As of Mar. 2024)

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What is Richly Field China Development Days Payable?

Richly Field China Development's average Accounts Payable for the six months ended in Mar. 2024 was HK$379.87 Mil. Richly Field China Development's Cost of Goods Sold for the six months ended in Mar. 2024 was HK$13.86 Mil. Hence, Richly Field China Development's Days Payable for the six months ended in Mar. 2024 was 5,002.65.

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

HKSE:00313' s Days Payable Range Over the Past 10 Years
Min: 520.12 Med: 1433.17 Max: 13399.21
Current: 5928.41

During the past 13 years, Richly Field China Development's highest Days Payable was 13399.21. The lowest was 520.12. And the median was 1433.17.

HKSE:00313's Days Payable is ranked better than
98.79% of 1569 companies
in the Real Estate industry
Industry Median: 97.76 vs HKSE:00313: 5928.41

Richly Field China Development's Days Payable declined from Mar. 2023 (14,762.80) to Mar. 2024 (5,002.65). It may suggest that Richly Field China Development accelerated paying its suppliers.

Richly Field China Development Days Payable Historical Data

The historical data trend for Richly Field China Development'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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Richly Field China Development Days Payable Chart

Richly Field China Development Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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1,891.15

13,399.21

520.12

4,571.43

6,264.04

Richly Field China Development Semi-Annual Data
	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Days Payable	Get a 7-Day Free Trial															2,928.12	14,762.80	8,060.92	5,002.65	7,302.27

Competitive Comparison of Richly Field China Development's Days Payable

For the Real Estate - Development subindustry, Richly Field China Development'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.

Richly Field China Development's Days Payable Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Richly Field China Development's Days Payable distribution charts can be found below:

* The bar in red indicates where Richly Field China Development's Days Payable falls into.

Richly Field China Development 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.

Richly Field China Development's Days Payable for the fiscal year that ended in Mar. 2024 is calculated as

	Days Payable (A: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2023 )	+	Accounts Payable (A: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2024 )	*	Days in Period
=	( (389.267	+	383.733)	/	2 )	/	22.521	*	365
=	386.5					/	22.521	*	365
=	6,264.04

Richly Field China Development's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (376.012	+	383.733)	/	2 )	/	13.858	*	365 / 2
=	379.8725					/	13.858	*	365 / 2
=	5,002.65

Richly Field China Development Days Payable Related Terms

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Richly Field China Development Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Richly Field China Development Ltd (HKSE:00313) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

No. 223 Hing Fong Road, Unit 1504, 15th Floor, Tower 2, Metroplaza, Kwai Chung, New Territories, Hong Kong, HKG

Website

http://www.richlyfieldchinagroup.com

Richly Field China Development Ltd is an investment holding company. The group is principally engaged in outlets commercial operation and development and operation of featured commercial properties (such as tourism property, senior care property and wine chateaus), development of high-end residential properties as well as property management. The group's revenue is derived from its property development and investment projects in Changsha, Hunan Province (Changsha Project), Qinhuangdao of Hebei Province (Qinhuangdao Project) and Ningxia, Yinchuan City (Ningxia Project) in the PRC.

Executives

Galaxy Sharp Investment Holdings Limited	2201 Interest of corporation controlled by you
Sino Dynamics Investments Limited	2201 Interest of corporation controlled by you
Wu Peipei	2201 Interest of corporation controlled by you
Wang Hua	2201 Interest of corporation controlled by you
Zhen Xuan Tou Zi You Xian Gong Si	2101 Beneficial owner
Du Wei	2201 Interest of corporation controlled by you
Quan Li Guo Ji You Xian Gong Si	2201 Interest of corporation controlled by you
Jia Yue You Xian Gong Si	2101 Beneficial owner
Mei De Qi Ye You Xian Gong Si	2201 Interest of corporation controlled by you

Richly Field China Development Headlines

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