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Royal Century Resources Holdings (HKSE:08125) Days Payable : 141.32 (As of Sep. 2023)


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What is Royal Century Resources Holdings Days Payable?

Royal Century Resources Holdings's average Accounts Payable for the three months ended in Sep. 2023 was HK$21.32 Mil. Royal Century Resources Holdings's Cost of Goods Sold for the three months ended in Sep. 2023 was HK$13.77 Mil. Hence, Royal Century Resources Holdings's Days Payable for the three months ended in Sep. 2023 was 141.32.

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

HKSE:08125' s Days Payable Range Over the Past 10 Years
Min: 17.13   Med: 66.52   Max: 209.85
Current: 70.84

During the past 10 years, Royal Century Resources Holdings's highest Days Payable was 209.85. The lowest was 17.13. And the median was 66.52.

HKSE:08125's Days Payable is ranked better than
52.33% of 407 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 67.15 vs HKSE:08125: 70.84

Royal Century Resources Holdings's Days Payable increased from Sep. 2022 (20.14) to Sep. 2023 (141.32). It may suggest that Royal Century Resources Holdings delayed paying its suppliers.


Royal Century Resources Holdings Days Payable Historical Data

The historical data trend for Royal Century Resources 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.

Royal Century Resources Holdings Days Payable Chart

Royal Century Resources Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 74.48 58.56 35.79 45.31 45.08

Royal Century Resources Holdings Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 20.14 15.27 46.79 73.19 141.32

Competitive Comparison of Royal Century Resources Holdings's Days Payable

For the Furnishings, Fixtures & Appliances subindustry, Royal Century Resources 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.


Royal Century Resources Holdings's Days Payable Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Royal Century Resources Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Royal Century Resources Holdings's Days Payable falls into.



Royal Century Resources 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.

Royal Century Resources Holdings's Days Payable for the fiscal year that ended in Mar. 2023 is calculated as

Days Payable (A: Mar. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2022 ) + Accounts Payable (A: Mar. 2023 )) / count ) / Cost of Goods Sold (A: Mar. 2023 )*Days in Period
=( (5.387 + 7.865) / 2 ) / 53.646*365
=6.626 / 53.646*365
=45.08

Royal Century Resources Holdings's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

Days Payable (Q: Sep. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2023 ) + Accounts Payable (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (0 + 21.321) / 1 ) / 13.767*365 / 4
=21.321 / 13.767*365 / 4
=141.32

* 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.


Royal Century Resources Holdings Days Payable Related Terms

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Royal Century Resources Holdings (HKSE:08125) Business Description

Traded in Other Exchanges
N/A
Address
26 Harbour Road, Suite 2201, 22nd Floor, China Resources Building, Wanchai, Hong Kong, HKG
Royal Century Resources Holdings Ltd is a Hong Kong-based investment holding company. The company is principally engaged in the provision of fitting out and engineering services, design and procurement of furnishings and related products services, leasing of construction equipment, sourcing and merchandising of fine and rare wines, and provision of financial services. The company earns the majority of its revenue from design, fitting out, and engineering services. The group's operations are located in Hong Kong, and the PRC, of which the main revenue is generated from Hong Kong.

Royal Century Resources Holdings (HKSE:08125) Headlines

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