Hopewell Holdings (Hopewell Holdings) Days Payable : 55.28 (As of Jun. 2018)

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What is Hopewell Holdings Days Payable?

Hopewell Holdings's average Accounts Payable for the six months ended in Jun. 2018 was $13.0 Mil. Hopewell Holdings's Cost of Goods Sold for the six months ended in Jun. 2018 was $42.8 Mil. Hence, Hopewell Holdings's Days Payable for the six months ended in Jun. 2018 was 55.28.

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

HOWWY's Days Payable is not ranked ^*
in the Construction industry.
Industry Median: 73.78
* Ranked among companies with meaningful Days Payable only.

Hopewell Holdings's Days Payable increased from Jun. 2017 (43.37) to Jun. 2018 (55.28). It may suggest that Hopewell Holdings delayed paying its suppliers.

Hopewell Holdings Days Payable Historical Data

The historical data trend for Hopewell 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.

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Hopewell Holdings Days Payable Chart

Hopewell Holdings Annual Data

Trend

Jun09

Jun10

Jun11

Jun12

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Days Payable

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63.19

52.43

43.82

37.98

52.66

Hopewell Holdings Semi-Annual Data
	Jun08	Jun09	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18
Days Payable	Get a 7-Day Free Trial															34.36	34.80	43.37	51.97	55.28

Competitive Comparison of Hopewell Holdings's Days Payable

For the Infrastructure Operations subindustry, Hopewell 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.

Hopewell Holdings's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, Hopewell Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Hopewell Holdings's Days Payable falls into.

Hopewell 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.

Hopewell Holdings's Days Payable for the fiscal year that ended in Jun. 2018 is calculated as

	Days Payable (A: Jun. 2018 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2017 )	+	Accounts Payable (A: Jun. 2018 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2018 )	*	Days in Period
=	( (12.903	+	12.64)	/	2 )	/	88.516	*	365
=	12.7715					/	88.516	*	365
=	52.66

Hopewell Holdings's Days Payable for the quarter that ended in Jun. 2018 is calculated as:

	Days Payable (Q: Jun. 2018 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2017 )	+	Accounts Payable (Q: Jun. 2018 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2018 )	*	Days in Period
=	( (13.267	+	12.64)	/	2 )	/	42.764	*	365 / 2
=	12.9535					/	42.764	*	365 / 2
=	55.28

Hopewell Holdings Days Payable Related Terms

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Hopewell Holdings (Hopewell Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Hopewell Holdings Ltd (OTCPK:HOWWY) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

183 Queenâ€™s Road East, 64th Floor, Hopewell Centre, Wan Chai, Hong Kong, HKG

Website

http://www.hopewellholdings.com

Hopewell Holdings Ltd is an investment and infrastructure company domiciled in Hong Kong. The company operates through seven segments: property investment; hotel, restaurant, and catering operation; property development; toll road investment; power plant; treasury income; and other operations. Toll road investment, the most significant contributor to revenue, invests in toll road projects. Property investment and property development are the next most significant segments, and let, manage, develop, and sell property investments. Power plant, which contributes a similar amount of revenue as property investment and property development, operates power plant assets. The company derives the majority of income domestically, and also operates in the People's Republic of China.

Hopewell Holdings (Hopewell Holdings) Headlines

From GuruFocus

First Eagle Investment Comments on Hopewell Holdings

By Holly LaFon • 11-04-2015