Hang Lung Properties (Hang Lung Properties) Days Payable : 992.88 (As of Dec. 2023)

View and export this data going back to 2009. Start your Free Trial

What is Hang Lung Properties Days Payable?

Hang Lung Properties's average Accounts Payable for the six months ended in Dec. 2023 was $1,055 Mil. Hang Lung Properties's Cost of Goods Sold for the six months ended in Dec. 2023 was $194 Mil. Hence, Hang Lung Properties's Days Payable for the six months ended in Dec. 2023 was 992.88.

The historical rank and industry rank for Hang Lung Properties's Days Payable or its related term are showing as below:

HLPPF' s Days Payable Range Over the Past 10 Years
Min: 396.21 Med: 787.63 Max: 1067.61
Current: 960.24

During the past 13 years, Hang Lung Properties's highest Days Payable was 1067.61. The lowest was 396.21. And the median was 787.63.

HLPPF's Days Payable is ranked better than
93.25% of 1571 companies
in the Real Estate industry
Industry Median: 96.91 vs HLPPF: 960.24

Hang Lung Properties's Days Payable increased from Dec. 2022 (982.58) to Dec. 2023 (992.88). It may suggest that Hang Lung Properties delayed paying its suppliers.

Hang Lung Properties Days Payable Historical Data

The historical data trend for Hang Lung Properties'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.

Hang Lung Properties Days Payable Chart

Hang Lung Properties Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

759.65

1,064.49

996.15

848.35

846.08

Hang Lung Properties 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															1,003.36	1,000.43	982.58	1,045.62	992.88

Competitive Comparison of Hang Lung Properties's Days Payable

For the Real Estate Services subindustry, Hang Lung Properties'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.

Hang Lung Properties's Days Payable Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Hang Lung Properties's Days Payable distribution charts can be found below:

* The bar in red indicates where Hang Lung Properties's Days Payable falls into.

Hang Lung Properties 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.

Hang Lung Properties'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
=	( (847.612	+	889.908)	/	2 )	/	374.786	*	365
=	868.76					/	374.786	*	365
=	846.08

Hang Lung Properties'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
=	( (1219.456	+	889.908)	/	2 )	/	193.859	*	365 / 2
=	1054.682					/	193.859	*	365 / 2
=	992.88

Hang Lung Properties Days Payable Related Terms

Thank you for viewing the detailed overview of Hang Lung Properties's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Hang Lung Properties (Hang Lung Properties) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Hang Lung Properties Ltd (OTCPK:HLPPF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

HLPPY:USA 00101:Hong Kong AOP:Germany

Address

4 Des Voeux Road Central, 28th Floor, Standard Chartered Bank Building, Hong Kong, HKG

Website

https://www.hanglung.com

Hung Lung Properties is the property arm of Hang Lung Group. The company primarily operates in Hong Kong and China where it develops and invests in a portfolio of commercial properties for rental income as well as develop residential properties for sale. Most of its revenue is generated in China where it focuses on retail malls in Tier 1 and 2 cities such as Shanghai, Wuxi, Hangzhou, Wuhan, Kunming Jinan, Dalian, Shenyang, and Tianjin. As such, investors view the company as a proxy for China's overall retail growth. The company is 59% owned by Hang Lung Group, and led by Ronnie Chan, who has been the chairman of the company since 1991.