Rykadan Capital (HKSE:02288) Days Payable: 29.84 (As of Mar. 2026) — 321% Above Median

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HKSE:02288 Rykadan Capital Ltd HKSE:02288
38 GF Score
Price HK$0.15
GF Value HK$0.13
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Rykadan Capital Days Payable?

Rykadan Capital HKSE:02288 -1.28% 38 Days Payable is 29.84 as of Mar. 2026, which is 321% above its 10-year median of 7.08. GuruFocus rates HKSE:02288 with a GF Score™ of 38/100 and a GF Value™ of HK$0.13 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 1,574 Real Estate companies, Rykadan Capital ranks worse than 83.23% on this metric.

Rykadan Capital's average Accounts Payable for the six months ended in Mar. 2026 was HK$10.01 Mil. Rykadan Capital's Cost of Goods Sold for the six months ended in Mar. 2026 was HK$61.19 Mil. Hence, Rykadan Capital's Days Payable for the six months ended in Mar. 2026 was 29.84.

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

HKSE:02288' s Days Payable Range Over the Past 10 Years
Min: 2.59   Med: 7.08   Max: 39.41
Current: 26.15

During the past 13 years, Rykadan Capital's highest Days Payable was 39.41. The lowest was 2.59. And the median was 7.08.

HKSE:02288's Days Payable is ranked worse than
83.23% of 1574 companies
in the Real Estate industry
Industry Median: 94.67 vs HKSE:02288: 26.15

Rykadan Capital's Days Payable declined from Mar. 2025 (1,586.63) to Mar. 2026 (29.84). It may suggest that Rykadan Capital accelerated paying its suppliers.


Rykadan Capital Days Payable Historical Data

* Premium members only.

The historical data trend for Rykadan Capital'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.

Rykadan Capital Days Payable Chart

Rykadan Capital Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.61 3.86 2.59 5.42 8.74

Rykadan Capital Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 10.58 21.87 1,586.63 38.76 29.84

Rykadan Capital Days Payable Competitor Comparison

For the Real Estate - Development subindustry, Rykadan Capital'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.


Rykadan Capital Days Payable vs Real Estate Industry

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

* The bar in red indicates where Rykadan Capital's Days Payable falls into.


HKSE:02288
38GF Score
Rykadan Capital Ltd HKSE:02288
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Rykadan Capital 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.

Rykadan Capital's Days Payable for the fiscal year that ended in Mar. 2026 is calculated as

Days Payable (A: Mar. 2026 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2025 ) + Accounts Payable (A: Mar. 2026 )) / count ) / Cost of Goods Sold (A: Mar. 2026 )*Days in Period
=( (0 + 3.343) / 1 ) / 139.672*365
=3.343 / 139.672*365
=8.74

Rykadan Capital's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (16.667 + 3.343) / 2 ) / 61.194*365 / 2
=10.005 / 61.194*365 / 2
=29.84

* 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 29.84 mean?
Rykadan Capital (HKSE:02288) has a Days Payable of 29.84 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Rykadan Capital and its competitors. This is 321% above median its historical median of 7.08. Over the past decade, Rykadan Capital's Days Payable has ranged from 2.59 to 39.41. According to the industry distribution chart, Rykadan Capital ranks #1310 out of 1574 companies in the Real Estate industry, placing it in the top 83.2%.
Is Rykadan Capital's Days Payable too high?
Rykadan Capital's current Days Payable of 29.84 is 321% above median its 10-year median of 7.08. Over the past 10 years, this metric has ranged from a low of 2.59 to a high of 39.41. The Real Estate industry median Days Payable is 94.67. Rykadan Capital's value of 29.84 is 68.5% below this industry median. Based on the distribution chart, Rykadan Capital ranks #1310 out of 1574 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Rykadan Capital has a GF Score™ of 38/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Rykadan Capital's Days Payable compare to competitors?
According to the Real Estate industry distribution chart, Rykadan Capital ranks #1310 out of 1574 companies for Days Payable. This places Rykadan Capital in the lower half of its industry. The industry median Days Payable is 94.67. Rykadan Capital's value of 29.84 is 68.5% below this benchmark. Historically, Rykadan Capital's own Days Payable has ranged from 2.59 to 39.41 over the past decade. While the company's 10-year median is 7.08 vs. the industry median of 94.67, Rykadan Capital 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 Real Estate company?
The median Days Payable among Real Estate companies is 94.67, based on 1,574 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. Rykadan Capital's current Days Payable of 29.84 is 68.5% 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 Rykadan Capital and its competitors. For the Real Estate industry, the median Days Payable is 94.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rykadan Capital's current Days Payable is 29.84, which is 321% above median its own 10-year median of 7.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rykadan Capital stock overvalued right now?
Based on GuruFocus' analysis, Rykadan Capital (HKSE:02288) is currently considered Modestly Overvalued. The stock's GF Value™ is HK$0.13, compared to a current price of HK$0.15 — trading 18.5% above its estimated fair value. The current Days Payable is 29.84, which is 321% above median its 10-year median of 7.08 and 68.5% below the Real Estate industry median of 94.67. Rykadan Capital's overall GF Score™ is 38/100 with 7 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 Rykadan Capital (HKSE:02288), the current Days Payable is 29.84 as of Mar. 2026. 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 Rykadan Capital (HKSE:02288) Overvalued in 2026?

Based on GuruFocus' analysis, Rykadan Capital stock appears to be overvalued. The current stock price of HK$0.15 is trading 18.5% above its estimated GF Value™ of HK$0.13. GuruFocus considers Rykadan Capital to be Modestly Overvalued.

Key valuation signals for HKSE:02288:

  • Days Payable: 29.84 (321% above median its 10-year median of 7.08)
  • GF Value™: HK$0.13 vs. price of HK$0.15 (18.5% above fair value)
  • GF Score™: 38/100 with 7 warning signs
  • Industry Position: 68.5% below the Real Estate median (#1310 of 1574)

No single metric tells the full story. See the HKSE:02288 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Rykadan Capital Business Description

Address 23 Wong Chuk Hang Road, 29 Floor, Rykadan One, Wong Chuk Hang, Hong Kong, HKG
Rykadan Capital Ltd is an investment holding company. Its businesses are Property development, Property investment, Asset investment and fund management, and Distribution of construction and interior decorative materials. The key revenue is derived from the Property development segment which comprises repositioning and value enhancement of property with a focus on development projects in prime locations in Hong Kong, the United Kingdom, and the United States. Geographically, it derives a majority of revenue from the United Kingdom.
38GF Score

Get the complete analysis for HKSE:02288

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

HK$0.15
Price
HK$0.13
GF Value