Guoco Group (Guoco Group) Days Payable : 24.01 (As of Dec. 2023)

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What is Guoco Group Days Payable?

Guoco Group's average Accounts Payable for the six months ended in Dec. 2023 was $134 Mil. Guoco Group's Cost of Goods Sold for the six months ended in Dec. 2023 was $1,017 Mil. Hence, Guoco Group's Days Payable for the six months ended in Dec. 2023 was 24.01.

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

GULRF' s Days Payable Range Over the Past 10 Years
Min: 13.64 Med: 30.85 Max: 52.17
Current: 27.02

During the past 13 years, Guoco Group's highest Days Payable was 52.17. The lowest was 13.64. And the median was 30.85.

GULRF's Days Payable is ranked worse than
84.19% of 468 companies
in the Conglomerates industry
Industry Median: 58.265 vs GULRF: 27.02

Guoco Group's Days Payable declined from Dec. 2022 (35.01) to Dec. 2023 (24.01). It may suggest that Guoco Group accelerated paying its suppliers.

Guoco Group Days Payable Historical Data

The historical data trend for Guoco 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.

Guoco Group Days Payable Chart

Guoco Group Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Payable

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24.91

26.31

32.58

32.96

29.10

Guoco Group 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															26.04	34.66	35.01	29.36	24.01

Competitive Comparison of Guoco Group's Days Payable

For the Conglomerates subindustry, Guoco 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.

Guoco Group's Days Payable Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Guoco Group's Days Payable distribution charts can be found below:

* The bar in red indicates where Guoco Group's Days Payable falls into.

Guoco 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.

Guoco Group's Days Payable for the fiscal year that ended in Jun. 2023 is calculated as

	Days Payable (A: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2022 )	+	Accounts Payable (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (124.686	+	127.504)	/	2 )	/	1581.4	*	365
=	126.095					/	1581.4	*	365
=	29.10

Guoco Group'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
=	( (127.504	+	140.102)	/	2 )	/	1017.053	*	365 / 2
=	133.803					/	1017.053	*	365 / 2
=	24.01

Guoco Group Days Payable Related Terms

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Guoco Group (Guoco Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Guoco Group Ltd (OTCPK:GULRF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

GULRY:USA 00053:Hong Kong

Address

99 Queen's Road Central, 50th Floor, The Center, Hong Kong, HKG

Website

https://www.guoco.com

Guoco Group Ltd is a holdings company engaged in investment and financial businesses globally. The company operates in four main segments: principal investment, property development and investment, hospitality and leisure, and financial services. It generates additional revenue from oil and gas production. Principal investment segment covers direct and equity investments, and treasury operations. The property development and investment segment, develops residential and commercial properties in China and Southeast Asia. The main revenue driver, hospitality and leisure segment owns, leases, and manages hotels, and operates gaming businesses in the UK, Spain and Belgium. The financial-services segment includes commercial, consumer and investment banking, as well as insurance services.