Raffles Infrastructure Holdings (SGX:LUY) Days Payable: 6,224.15 (As of Jun. 2023)

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SGX:LUY Raffles Infrastructure Holdings Ltd SGX:LUY
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Price S$0.04
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What is Raffles Infrastructure Holdings Days Payable?

Raffles Infrastructure Holdings SGX:LUY 4 Days Payable is 6,224.15 as of Jun. 2023. GuruFocus rates SGX:LUY with a GF Score™ of 4/100.

Raffles Infrastructure Holdings's average Accounts Payable for the three months ended in Jun. 2023 was S$13.16 Mil. Raffles Infrastructure Holdings's Cost of Goods Sold for the three months ended in Jun. 2023 was S$0.19 Mil. Hence, Raffles Infrastructure Holdings's Days Payable for the three months ended in Jun. 2023 was 6,224.15.

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

SGX:LUY's Days Payable is not ranked *
in the Construction industry.
Industry Median: 76.55
* Ranked among companies with meaningful Days Payable only.

Raffles Infrastructure Holdings's Days Payable increased from Jun. 2022 (1,786.53) to Jun. 2023 (6,224.15). It may suggest that Raffles Infrastructure Holdings delayed paying its suppliers.

Raffles Infrastructure Holdings Days Payable Related Terms

Raffles Infrastructure Holdings Days Payable Historical Data

* Premium members only.

The historical data trend for Raffles Infrastructure 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.

Raffles Infrastructure Holdings Days Payable Chart

Raffles Infrastructure Holdings Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec16 Dec17 Jun19 Jun20 Jun21 Jun22
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.43 0.00 57.20 532.32 642.72

Raffles Infrastructure Holdings Quarterly Data
Jun18 Sep18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 1,786.53 226.94 1,662.61 1,761.91 6,224.15

Raffles Infrastructure Holdings Days Payable Competitor Comparison

For the Infrastructure Operations subindustry, Raffles Infrastructure 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.

Raffles Infrastructure Holdings Days Payable vs Construction Industry

For the Construction industry and Industrials sector, Raffles Infrastructure Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Raffles Infrastructure Holdings's Days Payable falls into.


SGX:LUY
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Raffles Infrastructure Holdings Ltd SGX:LUY
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Raffles Infrastructure 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.

Raffles Infrastructure Holdings's Days Payable for the fiscal year that ended in Jun. 2022 is calculated as

Days Payable (A: Jun. 2022 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jun. 2021 ) + Accounts Payable (A: Jun. 2022 )) / count ) / Cost of Goods Sold (A: Jun. 2022 )*Days in Period
=( (5.856 + 12.281) / 2 ) / 5.15*365
=9.0685 / 5.15*365
=642.72

Raffles Infrastructure Holdings's Days Payable for the quarter that ended in Jun. 2023 is calculated as:

Days Payable (Q: Jun. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2023 ) + Accounts Payable (Q: Jun. 2023 )) / count ) / Cost of Goods Sold (Q: Jun. 2023 )*Days in Period
=( (13.56 + 12.769) / 2 ) / 0.193*365 / 4
=13.1645 / 0.193*365 / 4
=6,224.15

* 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 6,224.15 mean?
Raffles Infrastructure Holdings (SGX:LUY) has a Days Payable of 6,224.15 as of Jun. 2023. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Raffles Infrastructure Holdings and its competitors.
Is Raffles Infrastructure Holdings' Days Payable too high?
Raffles Infrastructure Holdings' current Days Payable is 6,224.15. The Construction industry median Days Payable is 76.55. Raffles Infrastructure Holdings' value of 6,224.15 is 8030.8% above this industry median. Overall, Raffles Infrastructure Holdings has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Raffles Infrastructure Holdings' Days Payable compare to competitors?
Raffles Infrastructure Holdings' Days Payable of 6,224.15 can be compared against companies in the Construction industry. The industry median Days Payable is 76.55. Raffles Infrastructure Holdings' value of 6,224.15 is 8030.8% 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 Construction company?
The median Days Payable among Construction companies is 76.55, based on 1,716 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. Raffles Infrastructure Holdings's current Days Payable of 6,224.15 is 8030.8% 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 Raffles Infrastructure Holdings and its competitors. For the Construction industry, the median Days Payable is 76.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Raffles Infrastructure Holdings's current Days Payable is 6,224.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Raffles Infrastructure Holdings stock overvalued right now?
Raffles Infrastructure Holdings (SGX:LUY) has a current Days Payable of 6,224.15. The current Days Payable is 6,224.15 and 8030.8% above the Construction industry median of 76.55. Raffles Infrastructure Holdings' overall GF Score™ is 4/100. 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 Raffles Infrastructure Holdings (SGX:LUY), the current Days Payable is 6,224.15 as of Jun. 2023. 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.

Raffles Infrastructure Holdings Business Description

Address Xingwen County, Yibin, Sichuan, CHN
Raffles Infrastructure Holdings Ltd is an investment holding company. The company's operating segment includes Infrastructure Business and Digital Infrastructure Business. It generates maximum revenue from the Infrastructure Business segment. Geographically, it derives a majority of revenue from China.
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