RBZHF (Reebonz Holding) Days Payable: 62.12 (As of Jun. 2019)

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.

What is Reebonz Holding Days Payable?

Reebonz Holding RBZHF Days Payable is 62.12 as of Jun. 2019.

Reebonz Holding's average Accounts Payable for the six months ended in Jun. 2019 was $7.96 Mil. Reebonz Holding's Cost of Goods Sold for the six months ended in Jun. 2019 was $23.37 Mil. Hence, Reebonz Holding's Days Payable for the six months ended in Jun. 2019 was 62.12.

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

RBZHF's Days Payable is not ranked *
in the Retail - Cyclical industry.
Industry Median: 51.29
* Ranked among companies with meaningful Days Payable only.

Reebonz Holding's Days Payable increased from Jun. 2018 (36.38) to Jun. 2019 (62.12). It may suggest that Reebonz Holding delayed paying its suppliers.

Reebonz Holding Days Payable Historical Data

* Premium members only.

The historical data trend for Reebonz Holding'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.

Reebonz Holding Days Payable Chart

Reebonz Holding Annual Data
Trend Dec15 Dec16 Dec17 Dec18
Days Payable
0.00 30.67 39.65 21.61

Reebonz Holding Semi-Annual Data
Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19
Days Payable Get a 7-Day Free Trial 55.31 20.52 36.38 35.76 62.12

RBZHF vs SMKC, UBID, AMZN: Days Payable Comparison

For the Internet Retail subindustry, Reebonz Holding'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.

Reebonz Holding Days Payable vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Reebonz Holding's Days Payable distribution charts can be found below:

* The bar in red indicates where Reebonz Holding's Days Payable falls into.


Reebonz Holding 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.

Reebonz Holding's Days Payable for the fiscal year that ended in Dec. 2018 is calculated as

Days Payable (A: Dec. 2018 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2017 ) + Accounts Payable (A: Dec. 2018 )) / count ) / Cost of Goods Sold (A: Dec. 2018 )*Days in Period
=( (3.93 + 3.913) / 2 ) / 66.222*365
=3.9215 / 66.222*365
=21.61

Reebonz Holding's Days Payable for the quarter that ended in Jun. 2019 is calculated as:

Days Payable (Q: Jun. 2019 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2018 ) + Accounts Payable (Q: Jun. 2019 )) / count ) / Cost of Goods Sold (Q: Jun. 2019 )*Days in Period
=( (3.913 + 11.997) / 2 ) / 23.369*365 / 2
=7.955 / 23.369*365 / 2
=62.12

* 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 62.12 mean?
Reebonz Holding (RBZHF) has a Days Payable of 62.12 as of Jun. 2019. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Reebonz Holding and its competitors.
Is Reebonz Holding's Days Payable too high?
Reebonz Holding's current Days Payable is 62.12. The Retail - Cyclical industry median Days Payable is 51.29. Reebonz Holding's value of 62.12 is 21.1% above this industry median.
How does Reebonz Holding's Days Payable compare to SMKC and UBID?
Reebonz Holding's Days Payable of 62.12 can be compared against companies in the Retail - Cyclical industry. The industry median Days Payable is 51.29. Reebonz Holding's value of 62.12 is 21.1% above this benchmark. 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 Retail - Cyclical company?
The median Days Payable among Retail - Cyclical companies is 51.29, based on 1,105 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. Reebonz Holding's current Days Payable of 62.12 is 21.1% 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 Reebonz Holding and its competitors. For the Retail - Cyclical industry, the median Days Payable is 51.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Reebonz Holding's current Days Payable is 62.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Reebonz Holding stock overvalued right now?
Reebonz Holding (RBZHF) has a current Days Payable of 62.12. The current Days Payable is 62.12 and 21.1% above the Retail - Cyclical industry median of 51.29. 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 Reebonz Holding (RBZHF), the current Days Payable is 62.12 as of Jun. 2019. 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.

Reebonz Holding Business Description

Address 5 Tampines North Drive 5, Singapore, SGP, 528548
Reebonz Holding Ltd is a Singapore based that operates in the online luxury market. The company through its online marketplace and platform is engaged in buying and selling of new and pre-owned luxury products in the Asia Pacific region including Singapore, Malaysia, Indonesia, Thailand, the Philippines, Vietnam, Hong Kong, South Korea, Taiwan, Australia, and New Zealand.