Ruichang International Holdings (HKSE:01334) Days Payable: 138.73 (As of Dec. 2025) — 26% Below Median

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HKSE:01334 Ruichang International Holdings Ltd HKSE:01334
15 GF Score
Price HK$1.10
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What is Ruichang International Holdings Days Payable?

Ruichang International Holdings HKSE:01334 -3.93% 15 Days Payable is 138.73 as of Dec. 2025, which is 26% below its 10-year median of 186.27. GuruFocus rates HKSE:01334 with a GF Score™ of 15/100. The stock has 5 warning signs investors should review. Among 2,993 Industrial Products companies, Ruichang International Holdings ranks better than 82.43% on this metric.

Ruichang International Holdings's average Accounts Payable for the six months ended in Dec. 2025 was HK$203.2 Mil. Ruichang International Holdings's Cost of Goods Sold for the six months ended in Dec. 2025 was HK$267.3 Mil. Hence, Ruichang International Holdings's Days Payable for the six months ended in Dec. 2025 was 138.73.

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

HKSE:01334' s Days Payable Range Over the Past 10 Years
Min: 144.31   Med: 186.27   Max: 219.64
Current: 178.39

During the past 5 years, Ruichang International Holdings's highest Days Payable was 219.64. The lowest was 144.31. And the median was 186.27.

HKSE:01334's Days Payable is ranked better than
82.43% of 2993 companies
in the Industrial Products industry
Industry Median: 77.78 vs HKSE:01334: 178.39

Ruichang International Holdings's Days Payable declined from Dec. 2024 (169.12) to Dec. 2025 (138.73). It may suggest that Ruichang International Holdings accelerated paying its suppliers.


Ruichang International Holdings Days Payable Related Terms


Ruichang International Holdings Days Payable Historical Data

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The historical data trend for Ruichang International 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.

Ruichang International Holdings Days Payable Chart

Ruichang International Holdings Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
219.64 155.46 144.31 186.27 200.91

Ruichang International Holdings Semi-Annual Data
Dec21 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Days Payable Get a 7-Day Free Trial 125.52 169.03 169.12 228.15 138.73

HKSE:01334 vs GEV, ETN, PH: Days Payable Comparison

For the Specialty Industrial Machinery subindustry, Ruichang International 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.


Ruichang International Holdings Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ruichang International Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Ruichang International Holdings's Days Payable falls into.


HKSE:01334
15GF Score
Ruichang International Holdings Ltd HKSE:01334
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Ruichang International 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.

Ruichang International Holdings'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
=( (164.881 + 265.441) / 2 ) / 390.887*365
=215.161 / 390.887*365
=200.91

Ruichang International Holdings'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
=( (140.905 + 265.441) / 2 ) / 267.281*365 / 2
=203.173 / 267.281*365 / 2
=138.73

* 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 138.73 mean?
Ruichang International Holdings (HKSE:01334) has a Days Payable of 138.73 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 Ruichang International Holdings and its competitors. This is 26% below median its historical median of 186.27. Over the past decade, Ruichang International Holdings' Days Payable has ranged from 144.31 to 219.64. According to the industry distribution chart, Ruichang International Holdings ranks #526 out of 2993 companies in the Industrial Products industry, placing it in the top 17.6%.
Is Ruichang International Holdings' Days Payable too high?
Ruichang International Holdings' current Days Payable of 138.73 is 26% below median its 10-year median of 186.27. Over the past 10 years, this metric has ranged from a low of 144.31 to a high of 219.64. The Industrial Products industry median Days Payable is 77.78. Ruichang International Holdings' value of 138.73 is 78.4% above this industry median. Based on the distribution chart, Ruichang International Holdings ranks #526 out of 2993 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Ruichang International Holdings has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does Ruichang International Holdings' Days Payable compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Ruichang International Holdings ranks #526 out of 2993 companies for Days Payable. This places Ruichang International Holdings in the top 18% of its industry — outperforming the majority of peers. The industry median Days Payable is 77.78. Ruichang International Holdings' value of 138.73 is 78.4% above this benchmark. Historically, Ruichang International Holdings' own Days Payable has ranged from 144.31 to 219.64 over the past decade. While the company's 10-year median is 186.27 vs. the industry median of 77.78, Ruichang International Holdings 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 an Industrial Products company?
The median Days Payable among Industrial Products companies is 77.78, based on 2,993 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. Ruichang International Holdings's current Days Payable of 138.73 is 78.4% 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 Ruichang International Holdings and its competitors. For the Industrial Products industry, the median Days Payable is 77.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ruichang International Holdings's current Days Payable is 138.73, which is 26% below median its own 10-year median of 186.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ruichang International Holdings stock overvalued right now?
Ruichang International Holdings (HKSE:01334) has a current Days Payable of 138.73. The current Days Payable is 138.73, which is 26% below median its 10-year median of 186.27 and 78.4% above the Industrial Products industry median of 77.78. Ruichang International Holdings' overall GF Score™ is 15/100 with 5 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 Ruichang International Holdings (HKSE:01334), the current Days Payable is 138.73 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.

Ruichang International Holdings Business Description

Address No. 1801, Hongmei Road, 20th Floor, Area A, Kaike International Building, Xuhui District, Shanghai, CHN
Ruichang International Holdings Ltd is a petroleum refinery and petrochemical equipment manufacturer. Its products are divided into four product categories, namely SRU and VOCs incineration equipment, catalytic cracking equipment, process burners, and heat exchangers. The group also provides installation services for the equipment manufactured and ancillary facilities, such as electrical erection work and mechanical erection work.
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