Ronshine China Holdings (HKSE:03301) Days Payable: 136.93 (As of Dec. 2025) — 28% Above Median

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What is Ronshine China Holdings Days Payable?

Ronshine China Holdings HKSE:03301 -1.92% Days Payable is 136.93 as of Dec. 2025, which is 28% above its 10-year median of 107.08. The stock has 3 warning signs investors should review. Among 1,567 Real Estate companies, Ronshine China Holdings ranks better than 75.75% on this metric.

Ronshine China Holdings's average Accounts Payable for the six months ended in Dec. 2025 was HK$8,511 Mil. Ronshine China Holdings's Cost of Goods Sold for the six months ended in Dec. 2025 was HK$11,344 Mil. Hence, Ronshine China Holdings's Days Payable for the six months ended in Dec. 2025 was 136.93.

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

HKSE:03301' s Days Payable Range Over the Past 10 Years
Min: 60.23   Med: 107.08   Max: 252.44
Current: 249.01

During the past 12 years, Ronshine China Holdings's highest Days Payable was 252.44. The lowest was 60.23. And the median was 107.08.

HKSE:03301's Days Payable is ranked better than
75.75% of 1567 companies
in the Real Estate industry
Industry Median: 94.38 vs HKSE:03301: 249.01

Ronshine China Holdings's Days Payable increased from Dec. 2024 (80.05) to Dec. 2025 (136.93). It may suggest that Ronshine China Holdings delayed paying its suppliers.


Ronshine China Holdings Days Payable Historical Data

* Premium members only.

The historical data trend for Ronshine China 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.

Ronshine China Holdings Days Payable Chart

Ronshine China Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 153.80 111.80 60.23 97.75 252.44

Ronshine China Holdings Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 40.93 108.80 80.05 981.34 136.93

Ronshine China Holdings Days Payable Competitor Comparison

For the Real Estate - Development subindustry, Ronshine China 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.


Ronshine China Holdings Days Payable vs Real Estate Industry

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

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



Ronshine China 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.

Ronshine China Holdings'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
=( (9677.808 + 8393.056) / 2 ) / 13064.003*365
=9035.432 / 13064.003*365
=252.44

Ronshine China Holdings'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
=( (8629.539 + 8393.056) / 2 ) / 11343.529*365 / 2
=8511.2975 / 11343.529*365 / 2
=136.93

* 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 136.93 mean?
Ronshine China Holdings (HKSE:03301) has a Days Payable of 136.93 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 Ronshine China Holdings and its competitors. This is 28% above median its historical median of 107.08. Over the past decade, Ronshine China Holdings' Days Payable has ranged from 60.23 to 252.44. According to the industry distribution chart, Ronshine China Holdings ranks #380 out of 1567 companies in the Real Estate industry, placing it in the top 24.3%.
Is Ronshine China Holdings' Days Payable too high?
Ronshine China Holdings' current Days Payable of 136.93 is 28% above median its 10-year median of 107.08. Over the past 10 years, this metric has ranged from a low of 60.23 to a high of 252.44. The Real Estate industry median Days Payable is 94.38. Ronshine China Holdings' value of 136.93 is 45.1% above this industry median. Based on the distribution chart, Ronshine China Holdings ranks #380 out of 1567 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers.
How does Ronshine China Holdings' Days Payable compare to competitors?
According to the Real Estate industry distribution chart, Ronshine China Holdings ranks #380 out of 1567 companies for Days Payable. This places Ronshine China Holdings in the top 24% of its industry — outperforming the majority of peers. The industry median Days Payable is 94.38. Ronshine China Holdings' value of 136.93 is 45.1% above this benchmark. Historically, Ronshine China Holdings' own Days Payable has ranged from 60.23 to 252.44 over the past decade. While the company's 10-year median is 107.08 vs. the industry median of 94.38, Ronshine China 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 94.38, based on 1,567 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. Ronshine China Holdings's current Days Payable of 136.93 is 45.1% 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 Ronshine China Holdings and its competitors. For the Real Estate industry, the median Days Payable is 94.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ronshine China Holdings's current Days Payable is 136.93, which is 28% above median its own 10-year median of 107.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ronshine China Holdings stock overvalued right now?
Based on GuruFocus' analysis, Ronshine China Holdings (HKSE:03301) is currently considered Fairly Valued. The stock's GF Value™ is HK$0.05, compared to a current price of HK$0.05 — trading 2% above its estimated fair value. The current Days Payable is 136.93, which is 28% above median its 10-year median of 107.08 and 45.1% above the Real Estate industry median of 94.38. 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 Ronshine China Holdings (HKSE:03301), the current Days Payable is 136.93 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.

Ronshine China Holdings Business Description

Address Lane 226, Panyang Road, Ronshine Greenland International, Minhang District, Huacao Town, Shanghai, CHN
Ronshine China Holdings Ltd is an investment holding company that operates as a property developer in the PRC. It is mainly engaged in the development of mid-to high-end residential properties and commercial properties in cities in the Western Coast of the Straits, the Yangtze River Delta, and selected first and second-tier cities in the PRC.