China Rare Earth Holdings (XTER:RAE) Days Payable : 40.26 (As of Dec. 2023)

View and export this data going back to 2000. Start your Free Trial

What is China Rare Earth Holdings Days Payable?

China Rare Earth Holdings's average Accounts Payable for the six months ended in Dec. 2023 was €9.58 Mil. China Rare Earth Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was €43.42 Mil. Hence, China Rare Earth Holdings's Days Payable for the six months ended in Dec. 2023 was 40.26.

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

XTER:RAE' s Days Payable Range Over the Past 10 Years
Min: 26.48 Med: 34.76 Max: 69.51
Current: 35.96

During the past 13 years, China Rare Earth Holdings's highest Days Payable was 69.51. The lowest was 26.48. And the median was 34.76.

XTER:RAE's Days Payable is ranked worse than
81.86% of 1064 companies
in the Metals & Mining industry
Industry Median: 130.44 vs XTER:RAE: 35.96

China Rare Earth Holdings's Days Payable increased from Dec. 2022 (38.43) to Dec. 2023 (40.26). It may suggest that China Rare Earth Holdings delayed paying its suppliers.

China Rare Earth Holdings Days Payable Historical Data

The historical data trend for China Rare Earth 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.

* Premium members only.

China Rare Earth Holdings Days Payable Chart

China Rare Earth Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

29.40

27.63

28.73

41.59

35.35

China Rare Earth Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial															29.34	53.16	38.43	34.18	40.26

Competitive Comparison of China Rare Earth Holdings's Days Payable

For the Other Industrial Metals & Mining subindustry, China Rare Earth 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.

China Rare Earth Holdings's Days Payable Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, China Rare Earth Holdings's Days Payable distribution charts can be found below:

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

China Rare Earth 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.

China Rare Earth Holdings'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
=	( (10.262	+	8.782)	/	2 )	/	98.323	*	365
=	9.522					/	98.323	*	365
=	35.35

China Rare Earth Holdings's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (10.378	+	8.782)	/	2 )	/	43.422	*	365 / 2
=	9.58					/	43.422	*	365 / 2
=	40.26

China Rare Earth Holdings Days Payable Related Terms

Thank you for viewing the detailed overview of China Rare Earth Holdings's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

China Rare Earth Holdings (XTER:RAE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » China Rare Earth Holdings Ltd (XTER:RAE) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

CREQF:USA 00769:Hong Kong RAE:Germany

Address

Dingshu Town, Jiangsu Province, Yixing, CHN, 214226

Website

http://www.creh.com.hk

China Rare Earth Holdings Ltd is an investment holding company. It operates in two segments: Rare earth and Refractory. The Rare earth segment includes manufacturing and sales of rare earth products such as praseodymium, neodymium, terbium, and dysprosium through trading. It also focuses on the production of high-end products such as rare earth oxides. The Refractory segment includes the manufacturing and sales of refractory products, including Refractory materials and Magnesium grains. The majority of its revenue comes from Rare Earth Segment. Its geographical segments are China, Japan, Europe, and Others, of which China accounts for the vast majority of its revenue.

China Rare Earth Holdings (XTER:RAE) Headlines

No Headlines