Raymond Industrial (HKSE:00229) Days Payable : 45.12 (As of Dec. 2023)

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What is Raymond Industrial Days Payable?

Raymond Industrial's average Accounts Payable for the six months ended in Dec. 2023 was HK$153 Mil. Raymond Industrial's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$618 Mil. Hence, Raymond Industrial's Days Payable for the six months ended in Dec. 2023 was 45.12.

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

HKSE:00229' s Days Payable Range Over the Past 10 Years
Min: 48.17 Med: 66.56 Max: 78.82
Current: 48.33

During the past 13 years, Raymond Industrial's highest Days Payable was 78.82. The lowest was 48.17. And the median was 66.56.

HKSE:00229's Days Payable is ranked worse than
64.02% of 403 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 69.13 vs HKSE:00229: 48.33

Raymond Industrial's Days Payable declined from Dec. 2022 (66.15) to Dec. 2023 (45.12). It may suggest that Raymond Industrial accelerated paying its suppliers.

Raymond Industrial Days Payable Historical Data

The historical data trend for Raymond Industrial'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.

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Raymond Industrial Days Payable Chart

Raymond Industrial Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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63.48

69.93

69.63

78.82

48.17

Raymond Industrial 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															62.86	69.34	66.15	52.05	45.12

Competitive Comparison of Raymond Industrial's Days Payable

For the Furnishings, Fixtures & Appliances subindustry, Raymond Industrial'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.

Raymond Industrial's Days Payable Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Raymond Industrial's Days Payable distribution charts can be found below:

* The bar in red indicates where Raymond Industrial's Days Payable falls into.

Raymond Industrial 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.

Raymond Industrial'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
=	( (162.873	+	148.343)	/	2 )	/	1179.007	*	365
=	155.608					/	1179.007	*	365
=	48.17

Raymond Industrial'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
=	( (157.172	+	148.343)	/	2 )	/	617.889	*	365 / 2
=	152.7575					/	617.889	*	365 / 2
=	45.12

Raymond Industrial Days Payable Related Terms

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Raymond Industrial (HKSE:00229) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Raymond Industrial Ltd (HKSE:00229) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

8 On Ping Street, Rooms 1801-1813, 18th Floor, Grandtech Centre, Shatin, New Territories, Hong Kong, HKG

Website

https://www.raymondfinance.com/html/about.html

Raymond Industrial Ltd is engaged in the manufacture and sale of electrical home appliances. The company's geographical segment includes Japan, the United States, and the People's Republic of China (PRC), Europe, Asia (excluding Japan and the PRC) and Rest of the world. The PRC segment is involved in the manufacture of electrical household appliances. The Rest of the world segment covers sales of electrical home appliances to customers in Australia, Canada, South America and Africa. Its product categories comprise Environmental products, Battery, Health and personal care, Kitchen products and other small and medium-sized electrical household appliances.

Executives

Wong Ying Man John	2101 Beneficial owner
Webb David Michael	2101 Beneficial owner
Diamond-harvest Limited	2101 Beneficial owner
Wong Kin Lae Wilson	2201 Interest of corporation controlled by you
Zhong Guo Bing Qi Gong Ye Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Zhong Guo Bing Qi Zhuang Bei Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Zhong Guo Bei Fang Gong Ye You Xian Gong Si	2201 Interest of corporation controlled by you
An Li Shi Ye You Xian Gong Si	2101 Beneficial owner
Sun Kwing Hai Amelia	2202 Interest of your spouse

Raymond Industrial (HKSE:00229) Headlines

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