Red Star Macalline Group (SHSE:601828) Days Payable : 2,242.21 (As of Jun. 2024)

View and export this data going back to 2018. Start your Free Trial

What is Red Star Macalline Group Days Payable?

Red Star Macalline Group's average Accounts Payable for the three months ended in Jun. 2024 was ¥8,669 Mil. Red Star Macalline Group's Cost of Goods Sold for the three months ended in Jun. 2024 was ¥353 Mil. Hence, Red Star Macalline Group's Days Payable for the three months ended in Jun. 2024 was 2,242.21.

The historical rank and industry rank for Red Star Macalline Group's Days Payable or its related term are showing as below:

SHSE:601828' s Days Payable Range Over the Past 10 Years
Min: 32.02 Med: 64.3 Max: 1036.88
Current: 836.08

During the past 10 years, Red Star Macalline Group's highest Days Payable was 1036.88. The lowest was 32.02. And the median was 64.30.

SHSE:601828's Days Payable is ranked better than
92.16% of 1569 companies
in the Real Estate industry
Industry Median: 97.76 vs SHSE:601828: 836.08

Red Star Macalline Group's Days Payable increased from Jun. 2023 (1,676.13) to Jun. 2024 (2,242.21). It may suggest that Red Star Macalline Group delayed paying its suppliers.

Red Star Macalline Group Days Payable Historical Data

The historical data trend for Red Star Macalline Group'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.

* Premium members only.

Red Star Macalline Group Days Payable Chart

Red Star Macalline Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

77.84

462.08

881.44

911.79

1,025.79

Red Star Macalline Group Quarterly Data
	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Days Payable	Get a 7-Day Free Trial															1,676.13	415.96	768.39	589.65	2,242.21

Competitive Comparison of Red Star Macalline Group's Days Payable

For the Real Estate Services subindustry, Red Star Macalline Group'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.

Red Star Macalline Group's Days Payable Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Red Star Macalline Group's Days Payable distribution charts can be found below:

* The bar in red indicates where Red Star Macalline Group's Days Payable falls into.

Red Star Macalline Group 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.

Red Star Macalline Group's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (12996.449	+	12194.197)	/	2 )	/	4481.73	*	365
=	12595.323					/	4481.73	*	365
=	1,025.79

Red Star Macalline Group's Days Payable for the quarter that ended in Jun. 2024 is calculated as:

	Days Payable (Q: Jun. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2024 )	+	Accounts Payable (Q: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
=	( (1694.615	+	15643.925)	/	2 )	/	352.809	*	365 / 4
=	8669.27					/	352.809	*	365 / 4
=	2,242.21

Red Star Macalline Group Days Payable Related Terms

Thank you for viewing the detailed overview of Red Star Macalline Group's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Red Star Macalline Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Red Star Macalline Group Corp Ltd (SHSE:601828) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

01528:Hong Kong

Address

No. 2/5, Lane 1466, Shenchang Road, Minhang District, Shanghai, CHN

Website

https://www.chinaredstar.com

Red Star Macalline Group Corp Ltd operates home improvement and furnishings shopping malls in China. It has various segments: Owned/Leased Portfolio Shopping Malls segment, which is the key revenue driver, leases floor areas to the tenants and provides management support to them; Managed Shopping Malls segment provides initiation, consultation, and management services to its partners and construction contractors to develop and manage the shopping malls under its own brand; Construction and design segment provides building installation and decorating services in shopping malls. Related home decoration and sales of merchandise segment include retail sales of home furnishing merchandise and providing related decorating services. and Others. All of its revenues are derived from the PRC.

Executives

Xi Shi Chang	senior management
Jiang Xiao Zhong	Directors, senior managers
Li Jian Hong	senior management
Liu Yuan Jin	senior management
Qiu Zhe	senior management
Guo Bing He	Director
Pan Ning	Supervisors
Zhang Xian	senior management
Zhang Pei Feng	senior management
Chen Dong Hui	senior management
Chen Shu Hong	Director
Che Jian Xing	Director
Xie Jian	senior management
Che Jian Fang	Director
Wang Wei	senior management

Red Star Macalline Group Headlines

No Headlines