Ritamix Global (HKSE:01936) Days Payable: 26.50 (As of Dec. 2025) — 15% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

HKSE:01936 Ritamix Global Ltd HKSE:01936
51 GF Score
Price HK$0.84
GF Value HK$0.77
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is Ritamix Global Days Payable?

Ritamix Global HKSE:01936 -1.18% 51 Days Payable is 26.50 as of Dec. 2025, which is 15% below its 10-year median of 31.14. GuruFocus rates HKSE:01936 with a GF Score™ of 51/100 and a GF Value™ of HK$0.77 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,894 Consumer Packaged Goods companies, Ritamix Global ranks worse than 77.82% on this metric.

Ritamix Global's average Accounts Payable for the six months ended in Dec. 2025 was HK$13.8 Mil. Ritamix Global's Cost of Goods Sold for the six months ended in Dec. 2025 was HK$95.2 Mil. Hence, Ritamix Global's Days Payable for the six months ended in Dec. 2025 was 26.50.

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

HKSE:01936' s Days Payable Range Over the Past 10 Years
Min: 20.73   Med: 31.14   Max: 39.81
Current: 25.01

During the past 9 years, Ritamix Global's highest Days Payable was 39.81. The lowest was 20.73. And the median was 31.14.

HKSE:01936's Days Payable is ranked worse than
77.82% of 1894 companies
in the Consumer Packaged Goods industry
Industry Median: 44.145 vs HKSE:01936: 25.01

Ritamix Global's Days Payable declined from Dec. 2024 (27.04) to Dec. 2025 (26.50). It may suggest that Ritamix Global accelerated paying its suppliers.


Ritamix Global Days Payable Historical Data

* Premium members only.

The historical data trend for Ritamix Global'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.

Ritamix Global Days Payable Chart

Ritamix Global Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only 31.16 31.89 27.62 23.01 20.73

Ritamix Global Semi-Annual Data
Dec17 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 27.30 28.83 27.04 27.52 26.50

HKSE:01936 vs ADM, BG, TSN: Days Payable Comparison

For the Farm Products subindustry, Ritamix Global'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.


Ritamix Global Days Payable vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Ritamix Global's Days Payable distribution charts can be found below:

* The bar in red indicates where Ritamix Global's Days Payable falls into.


HKSE:01936
51GF Score
Ritamix Global Ltd HKSE:01936
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ritamix Global 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.

Ritamix Global'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
=( (11.055 + 10.622) / 2 ) / 190.836*365
=10.8385 / 190.836*365
=20.73

Ritamix Global'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
=( (17.016 + 10.622) / 2 ) / 95.167*365 / 2
=13.819 / 95.167*365 / 2
=26.50

* 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 26.50 mean?
Ritamix Global (HKSE:01936) has a Days Payable of 26.50 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 Ritamix Global and its competitors. This is 15% below median its historical median of 31.14. Over the past decade, Ritamix Global's Days Payable has ranged from 20.73 to 39.81. According to the industry distribution chart, Ritamix Global ranks #1474 out of 1894 companies in the Consumer Packaged Goods industry, placing it in the top 77.8%.
Is Ritamix Global's Days Payable too high?
Ritamix Global's current Days Payable of 26.50 is 15% below median its 10-year median of 31.14. Over the past 10 years, this metric has ranged from a low of 20.73 to a high of 39.81. The Consumer Packaged Goods industry median Days Payable is 44.15. Ritamix Global's value of 26.50 is 40% below this industry median. Based on the distribution chart, Ritamix Global ranks #1474 out of 1894 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Ritamix Global has a GF Score™ of 51/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ritamix Global's Days Payable compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, Ritamix Global ranks #1474 out of 1894 companies for Days Payable. This places Ritamix Global in the lower half of its industry. The industry median Days Payable is 44.15. Ritamix Global's value of 26.50 is 40% below this benchmark. Historically, Ritamix Global's own Days Payable has ranged from 20.73 to 39.81 over the past decade. While the company's 10-year median is 31.14 vs. the industry median of 44.15, Ritamix Global 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 Consumer Packaged Goods company?
The median Days Payable among Consumer Packaged Goods companies is 44.15, based on 1,894 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. Ritamix Global's current Days Payable of 26.50 is 40% 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 Ritamix Global and its competitors. For the Consumer Packaged Goods industry, the median Days Payable is 44.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ritamix Global's current Days Payable is 26.50, which is 15% below median its own 10-year median of 31.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ritamix Global stock overvalued right now?
Based on GuruFocus' analysis, Ritamix Global (HKSE:01936) is currently considered Fairly Valued. The stock's GF Value™ is HK$0.77, compared to a current price of HK$0.84 — trading 9.1% above its estimated fair value. The current Days Payable is 26.50, which is 15% below median its 10-year median of 31.14 and 40% below the Consumer Packaged Goods industry median of 44.15. Ritamix Global's overall GF Score™ is 51/100 with 6 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 Ritamix Global (HKSE:01936), the current Days Payable is 26.50 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 Ritamix Global (HKSE:01936) Overvalued in 2026?

Based on GuruFocus' analysis, Ritamix Global stock appears to be overvalued. The current stock price of HK$0.84 is trading 9.1% above its estimated GF Value™ of HK$0.77. GuruFocus considers Ritamix Global to be Fairly Valued.

Key valuation signals for HKSE:01936:

  • Days Payable: 26.50 (15% below median its 10-year median of 31.14)
  • GF Value™: HK$0.77 vs. price of HK$0.84 (9.1% above fair value)
  • GF Score™: 51/100 with 6 warning signs
  • Industry Position: 40% below the Consumer Packaged Goods median (#1474 of 1894)

No single metric tells the full story. See the HKSE:01936 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ritamix Global Business Description

Address No. 7, Jalan TP 7, UEP Industrial Park, Shah Alam, SGR, MYS, 40400
Ritamix Global Ltd is engaged in the distribution of animal feed additives and human food ingredients, and the manufacturing of animal feed additives premixes. The company offers a wide range of animal feed additives, including amino acids, vitamins, minerals, enzymes, acidifiers, and other ingredients produced by chemical and feed ingredients companies of international brand names. The operating segments of the company include the Animal feed additives products segment: manufacturing and distribution of animal feed additives products; and the Human food ingredient products segment: distribution of human food ingredient products. Geographically, the company derives maximum revenue from Malaysia.
51GF Score

Get the complete analysis for HKSE:01936

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

HK$0.84
Price
HK$0.77
GF Value