Ridge Outdoor International (HKSE:02720) Days Payable: 58.49 (As of Dec. 2025) — 20% Below Median

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HKSE:02720 Ridge Outdoor International Ltd HKSE:02720
17 GF Score
Price HK$24.04
! 2 Warning Signs
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What is Ridge Outdoor International Days Payable?

Ridge Outdoor International HKSE:02720 -3.22% 17 Days Payable is 58.49 as of Dec. 2025, which is 20% below its 10-year median of 72.74. GuruFocus rates HKSE:02720 with a GF Score™ of 17/100. The stock has 2 warning signs investors should review. Among 416 Furnishings, Fixtures & Appliances companies, Ridge Outdoor International ranks worse than 54.57% on this metric.

Ridge Outdoor International's average Accounts Payable for the six months ended in Dec. 2025 was HK$84.3 Mil. Ridge Outdoor International's Cost of Goods Sold for the six months ended in Dec. 2025 was HK$526.1 Mil. Hence, Ridge Outdoor International's Days Payable for the six months ended in Dec. 2025 was 29.24.

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

HKSE:02720' s Days Payable Range Over the Past 10 Years
Min: 58.49   Med: 72.74   Max: 109.11
Current: 58.49

During the past 4 years, Ridge Outdoor International's highest Days Payable was 109.11. The lowest was 58.49. And the median was 72.74.

HKSE:02720's Days Payable is ranked worse than
54.57% of 416 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 63.03 vs HKSE:02720: 58.49

Ridge Outdoor International's Days Payable declined from Dec. 2023 (109.11) to Dec. 2025 (58.49). It may suggest that Ridge Outdoor International accelerated paying its suppliers.


Ridge Outdoor International Days Payable Historical Data

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The historical data trend for Ridge Outdoor International'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.

Ridge Outdoor International Days Payable Chart

Ridge Outdoor International Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Days Payable
81.37 109.11 64.11 58.49

Ridge Outdoor International Semi-Annual Data
Dec22 Dec23 Dec24 Dec25
Days Payable 81.37 109.11 64.11 58.49

HKSE:02720 vs SN, SGI, MHK: Days Payable Comparison

For the Furnishings, Fixtures & Appliances subindustry, Ridge Outdoor International'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.


Ridge Outdoor International Days Payable vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Ridge Outdoor International's Days Payable distribution charts can be found below:

* The bar in red indicates where Ridge Outdoor International's Days Payable falls into.


HKSE:02720
17GF Score
Ridge Outdoor International Ltd HKSE:02720
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Ridge Outdoor International 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.

Ridge Outdoor International'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
=( (91.905 + 76.715) / 2 ) / 526.147*365
=84.31 / 526.147*365
=58.49

Ridge Outdoor International'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: Dec. 2024 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (91.905 + 76.715) / 2 ) / 526.147*365 / 2
=84.31 / 526.147*365 / 2
=29.24

* 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 58.49 mean?
Ridge Outdoor International (HKSE:02720) has a Days Payable of 58.49 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 Ridge Outdoor International and its competitors. This is 20% below median its historical median of 72.74. Over the past decade, Ridge Outdoor International's Days Payable has ranged from 58.49 to 109.11. According to the industry distribution chart, Ridge Outdoor International ranks #227 out of 416 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 54.6%.
Is Ridge Outdoor International's Days Payable too high?
Ridge Outdoor International's current Days Payable of 58.49 is 20% below median its 10-year median of 72.74. Over the past 10 years, this metric has ranged from a low of 58.49 to a high of 109.11. The Furnishings, Fixtures & Appliances industry median Days Payable is 63.03. Ridge Outdoor International's value of 58.49 is 7.2% below this industry median. Based on the distribution chart, Ridge Outdoor International ranks #227 out of 416 companies in the Furnishings, Fixtures & Appliances industry, which is below the industry midpoint. Overall, Ridge Outdoor International has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Ridge Outdoor International's Days Payable compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Ridge Outdoor International ranks #227 out of 416 companies for Days Payable. This places Ridge Outdoor International in the lower half of its industry. The industry median Days Payable is 63.03. Ridge Outdoor International's value of 58.49 is 7.2% below this benchmark. Historically, Ridge Outdoor International's own Days Payable has ranged from 58.49 to 109.11 over the past decade. While the company's 10-year median is 72.74 vs. the industry median of 63.03, Ridge Outdoor International 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 Furnishings, Fixtures & Appliances company?
The median Days Payable among Furnishings, Fixtures & Appliances companies is 63.03, based on 416 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. Ridge Outdoor International's current Days Payable of 58.49 is 7.2% 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 Ridge Outdoor International and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Days Payable is 63.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ridge Outdoor International's current Days Payable is 58.49, which is 20% below median its own 10-year median of 72.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ridge Outdoor International stock overvalued right now?
Ridge Outdoor International (HKSE:02720) has a current Days Payable of 58.49. The current Days Payable is 58.49, which is 20% below median its 10-year median of 72.74 and 7.2% below the Furnishings, Fixtures & Appliances industry median of 63.03. Ridge Outdoor International's overall GF Score™ is 17/100 with 2 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 Ridge Outdoor International (HKSE:02720), the current Days Payable is 58.49 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.

Ridge Outdoor International Business Description

Address No. 818, Pingshui East Street, 8th Floor, Building 1, Lok Fu Creative Center, Zhejiang Province, Hangzhou, CHN
Ridge Outdoor International Ltd is engaged in the fishing-related equipment industry. Fishing gear encompasses both fishing tackle and fishing-related equipment. Fishing tackle refers to the tools utilized for capturing fish from aquatic environments, such as fishing rods, reels, hooks, lines, and baits. Fishing-related equipment generally includes fishing chairs and bed chairs, seatboxes, barrows, backpacks, sleeping bags, and tents. The company operates a dual business model, combining OEM/ODM manufacturing capabilities with a growing OBM presence to address diverse market demands. Geographically, it generates the majority of its revenue from Europe.
17GF Score

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HK$24.04
Price