Rimbaco Group Global (HKSE:01953) Days Payable : 96.09 (As of Oct. 2023)

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What is Rimbaco Group Global Days Payable?

Rimbaco Group Global's average Accounts Payable for the six months ended in Oct. 2023 was HK$234.1 Mil. Rimbaco Group Global's Cost of Goods Sold for the six months ended in Oct. 2023 was HK$444.6 Mil. Hence, Rimbaco Group Global's Days Payable for the six months ended in Oct. 2023 was 96.09.

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

HKSE:01953' s Days Payable Range Over the Past 10 Years
Min: 49.46 Med: 113.58 Max: 198.95
Current: 99.19

During the past 7 years, Rimbaco Group Global's highest Days Payable was 198.95. The lowest was 49.46. And the median was 113.58.

HKSE:01953's Days Payable is ranked better than
62.33% of 1606 companies
in the Construction industry
Industry Median: 76.71 vs HKSE:01953: 99.19

Rimbaco Group Global's Days Payable declined from Oct. 2022 (97.50) to Oct. 2023 (96.09). It may suggest that Rimbaco Group Global accelerated paying its suppliers.

Rimbaco Group Global Days Payable Historical Data

The historical data trend for Rimbaco Group 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.

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Rimbaco Group Global Days Payable Chart

Rimbaco Group Global Annual Data

Trend

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Days Payable

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118.37

198.95

113.58

83.10

102.58

Rimbaco Group Global Semi-Annual Data
	Oct17	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
Days Payable	Get a 7-Day Free Trial							116.75	71.03	97.50	102.82	96.09

Competitive Comparison of Rimbaco Group Global's Days Payable

For the Engineering & Construction subindustry, Rimbaco Group 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.

Rimbaco Group Global's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, Rimbaco Group Global's Days Payable distribution charts can be found below:

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

Rimbaco Group 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.

Rimbaco Group Global's Days Payable for the fiscal year that ended in Oct. 2023 is calculated as

	Days Payable (A: Oct. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Oct. 2022 )	+	Accounts Payable (A: Oct. 2023 ))	/	count )	/	Cost of Goods Sold (A: Oct. 2023 )	*	Days in Period
=	( (193.821	+	247.994)	/	2 )	/	786.008	*	365
=	220.9075					/	786.008	*	365
=	102.58

Rimbaco Group Global's Days Payable for the quarter that ended in Oct. 2023 is calculated as:

	Days Payable (Q: Oct. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Apr. 2023 )	+	Accounts Payable (Q: Oct. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Oct. 2023 )	*	Days in Period
=	( (220.19	+	247.994)	/	2 )	/	444.604	*	365 / 2
=	234.092					/	444.604	*	365 / 2
=	96.09

Rimbaco Group Global Days Payable Related Terms

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Rimbaco Group Global (HKSE:01953) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Rimbaco Group Global Ltd (HKSE:01953) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Silver Square, Perak Road, 309-E, 1st floor, George Town, MYS, 10150

Website

https://www.rimbaco.com.my

Rimbaco Group Global Ltd is a Malaysia-based building construction contractor focusing on the provision of building construction services for factories, including low-rise processing facilities and manufacturing plants; and institutional, commercial, and/or residential buildings such as private hospitals, hotels, shopping malls, high-rise residential buildings, and commercial/residential complex. The company also undertakes small-scale ancillary construction works, including but not limited to renovation works, repair works, and electrical works.

Executives

Lai Swee Yin
Low Seah Sun	2201 Interest of corporation controlled by you
Rbc Venture Limited

Rimbaco Group Global (HKSE:01953) Headlines

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