Richly Field China Development (HKSE:00313) Days Payable: 7,669.63 (As of Sep. 2025) — 385% Above Median

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What is Richly Field China Development Days Payable?

Richly Field China Development HKSE:00313 -6.25% Days Payable is 7,669.63 as of Sep. 2025, which is 385% above its 10-year median of 1,582.13. The stock has 6 warning signs investors should review. Among 1,568 Real Estate companies, Richly Field China Development ranks better than 96.36% on this metric.

Richly Field China Development's average Accounts Payable for the six months ended in Sep. 2025 was HK$442.2 Mil. Richly Field China Development's Cost of Goods Sold for the six months ended in Sep. 2025 was HK$10.5 Mil. Hence, Richly Field China Development's Days Payable for the six months ended in Sep. 2025 was 7,669.63.

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: 1582.13   Max: 13399.21
Current: 1688.36

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 1582.13.

HKSE:00313's Days Payable is ranked better than
96.36% of 1568 companies
in the Real Estate industry
Industry Median: 94.205 vs HKSE:00313: 1688.36

Richly Field China Development's Days Payable increased from Sep. 2024 (7,302.27) to Sep. 2025 (7,669.63). It may suggest that Richly Field China Development delayed paying its suppliers.


Richly Field China Development Days Payable Historical Data

* Premium members only.

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.

Richly Field China Development Days Payable Chart

Richly Field China Development Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13,399.21 520.12 4,571.43 6,264.04 1,682.66

Richly Field China Development Semi-Annual Data
Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
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 8,060.92 5,002.65 7,302.27 938.36 7,669.63

Richly Field China Development Days Payable Competitor Comparison

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 Days Payable vs 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. 2025 is calculated as

Days Payable (A: Mar. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2024 ) + Accounts Payable (A: Mar. 2025 )) / count ) / Cost of Goods Sold (A: Mar. 2025 )*Days in Period
=( (383.733 + 448.405) / 2 ) / 90.253*365
=416.069 / 90.253*365
=1,682.66

Richly Field China Development's Days Payable for the quarter that ended in Sep. 2025 is calculated as:

Days Payable (Q: Sep. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2025 ) + Accounts Payable (Q: Sep. 2025 )) / count ) / Cost of Goods Sold (Q: Sep. 2025 )*Days in Period
=( (448.405 + 435.977) / 2 ) / 10.522*365 / 2
=442.191 / 10.522*365 / 2
=7,669.63

* 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 7,669.63 mean?
Richly Field China Development (HKSE:00313) has a Days Payable of 7,669.63 as of Sep. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Richly Field China Development and its competitors. This is 385% above median its historical median of 1,582.13. Over the past decade, Richly Field China Development's Days Payable has ranged from 520.12 to 13,399.21. According to the industry distribution chart, Richly Field China Development ranks #57 out of 1568 companies in the Real Estate industry, placing it in the top 3.6%.
Is Richly Field China Development's Days Payable too high?
Richly Field China Development's current Days Payable of 7,669.63 is 385% above median its 10-year median of 1,582.13. Over the past 10 years, this metric has ranged from a low of 520.12 to a high of 13,399.21. The Real Estate industry median Days Payable is 94.21. Richly Field China Development's value of 7,669.63 is 8041.4% above this industry median. Based on the distribution chart, Richly Field China Development ranks #57 out of 1568 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers.
How does Richly Field China Development's Days Payable compare to competitors?
According to the Real Estate industry distribution chart, Richly Field China Development ranks #57 out of 1568 companies for Days Payable. This places Richly Field China Development in the top 4% of its industry — outperforming the majority of peers. The industry median Days Payable is 94.21. Richly Field China Development's value of 7,669.63 is 8041.4% above this benchmark. Historically, Richly Field China Development's own Days Payable has ranged from 520.12 to 13,399.21 over the past decade. While the company's 10-year median is 1,582.13 vs. the industry median of 94.21, Richly Field China Development has consistently been above 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 Real Estate company?
The median Days Payable among Real Estate companies is 94.21, based on 1,568 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. Richly Field China Development's current Days Payable of 7,669.63 is 8041.4% above 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 Richly Field China Development and its competitors. For the Real Estate industry, the median Days Payable is 94.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Richly Field China Development's current Days Payable is 7,669.63, which is 385% above median its own 10-year median of 1,582.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Richly Field China Development stock overvalued right now?
Based on GuruFocus' analysis, Richly Field China Development (HKSE:00313) is currently considered Possible Value Trap. The stock's GF Value™ is HK$0.40, compared to a current price of HK$0.06 — trading 85% below its estimated fair value. The current Days Payable is 7,669.63, which is 385% above median its 10-year median of 1,582.13 and 8041.4% above the Real Estate industry median of 94.21. 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 Richly Field China Development (HKSE:00313), the current Days Payable is 7,669.63 as of Sep. 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.

Richly Field China Development Business Description

Address No. 223 Hing Fong Road, Unit 1504, 15th Floor, Tower 2, Metroplaza, Kwai Chung, New Territories, Hong Kong, HKG
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 properties, senior care properties, and wine chateaus), the 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).