Jingrui Holdings (HKSE:01862) Days Payable: 466.48 (As of Jun. 2025) — 230% Above Median

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What is Jingrui Holdings Days Payable?

Jingrui Holdings HKSE:01862 Days Payable is 466.48 as of Jun. 2025, which is 230% above its 10-year median of 141.32. The stock has 4 warning signs investors should review.

Jingrui Holdings's average Accounts Payable for the six months ended in Jun. 2025 was HK$1,835 Mil. Jingrui Holdings's Cost of Goods Sold for the six months ended in Jun. 2025 was HK$718 Mil. Hence, Jingrui Holdings's Days Payable for the six months ended in Jun. 2025 was 466.48.

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

HKSE:01862' s Days Payable Range Over the Past 10 Years
Min: 68.68   Med: 141.32   Max: 402.34
Current: 155.87

During the past 13 years, Jingrui Holdings's highest Days Payable was 402.34. The lowest was 68.68. And the median was 141.32.

HKSE:01862's Days Payable is not ranked
in the Real Estate industry.
Industry Median: 93.185 vs HKSE:01862: 155.87

Jingrui Holdings's Days Payable increased from Jun. 2024 (185.35) to Jun. 2025 (466.48). It may suggest that Jingrui Holdings delayed paying its suppliers.


Jingrui Holdings Days Payable Historical Data

* Premium members only.

The historical data trend for Jingrui 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.

Jingrui Holdings Days Payable Chart

Jingrui Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 138.10 283.66 402.34 135.30 127.53

Jingrui Holdings Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25
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 405.81 232.08 185.35 100.16 466.48

Jingrui Holdings Days Payable Competitor Comparison

For the Real Estate - Development subindustry, Jingrui 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.


Jingrui Holdings Days Payable vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Jingrui Holdings's Days Payable distribution charts can be found below:

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



Jingrui 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.

Jingrui Holdings's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

Days Payable (A: Dec. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2023 ) + Accounts Payable (A: Dec. 2024 )) / count ) / Cost of Goods Sold (A: Dec. 2024 )*Days in Period
=( (2594.884 + 2000.198) / 2 ) / 6575.697*365
=2297.541 / 6575.697*365
=127.53

Jingrui Holdings's Days Payable for the quarter that ended in Jun. 2025 is calculated as:

Days Payable (Q: Jun. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2024 ) + Accounts Payable (Q: Jun. 2025 )) / count ) / Cost of Goods Sold (Q: Jun. 2025 )*Days in Period
=( (2000.198 + 1670.661) / 2 ) / 718.067*365 / 2
=1835.4295 / 718.067*365 / 2
=466.48

* 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 466.48 mean?
Jingrui Holdings (HKSE:01862) has a Days Payable of 466.48 as of Jun. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Jingrui Holdings and its competitors. This is 230% above median its historical median of 141.32. Over the past decade, Jingrui Holdings' Days Payable has ranged from 68.68 to 402.34.
Is Jingrui Holdings' Days Payable too high?
Jingrui Holdings' current Days Payable of 466.48 is 230% above median its 10-year median of 141.32. Over the past 10 years, this metric has ranged from a low of 68.68 to a high of 402.34. The Real Estate industry median Days Payable is 93.19. Jingrui Holdings' value of 466.48 is 400.6% above this industry median.
How does Jingrui Holdings' Days Payable compare to competitors?
Jingrui Holdings' Days Payable of 466.48 can be compared against companies in the Real Estate industry. The industry median Days Payable is 93.19. Jingrui Holdings' value of 466.48 is 400.6% above this benchmark. Historically, Jingrui Holdings' own Days Payable has ranged from 68.68 to 402.34 over the past decade. While the company's 10-year median is 141.32 vs. the industry median of 93.19, Jingrui 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 a Real Estate company?
The median Days Payable among Real Estate companies is 93.19, based on 1,570 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. Jingrui Holdings's current Days Payable of 466.48 is 400.6% 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 Jingrui Holdings and its competitors. For the Real Estate industry, the median Days Payable is 93.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jingrui Holdings's current Days Payable is 466.48, which is 230% above median its own 10-year median of 141.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jingrui Holdings stock overvalued right now?
Jingrui Holdings (HKSE:01862) has a current Days Payable of 466.48. The stock's GF Value™ is HK$0.02, compared to a current price of HK$0.02 — trading 20% below its estimated fair value. The current Days Payable is 466.48, which is 230% above median its 10-year median of 141.32 and 400.6% above the Real Estate industry median of 93.19. 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 Jingrui Holdings (HKSE:01862), the current Days Payable is 466.48 as of Jun. 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.

Jingrui Holdings Business Description

Address 207 Songhong Road, 8th Floor, Building B, BenQ Plaza, Shanghai, CHN
Jingrui Holdings Ltd is an investment holding company engaged in the development of an investment in real estate projects as well as the management of properties. It manages its business through three operating segments based on its products and services: The property development platform segment, which derives the majority of revenue, engages in real estate development in the PRC and the Capital platform invests in office buildings and apartments in the PRC for their rental income potential and/or for capital appreciation; and All other platforms, including property management platform which provides management and security services to residential and commercial properties in the PRC, the property design and decoration platform, investment platform and other miscellaneous businesses.