Wing Tai Properties (FRA:USH) Days Payable : 131.69 (As of Dec. 2023)

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What is Wing Tai Properties Days Payable?

Wing Tai Properties's average Accounts Payable for the six months ended in Dec. 2023 was €3.2 Mil. Wing Tai Properties's Cost of Goods Sold for the six months ended in Dec. 2023 was €4.5 Mil. Hence, Wing Tai Properties's Days Payable for the six months ended in Dec. 2023 was 131.69.

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

FRA:USH' s Days Payable Range Over the Past 10 Years
Min: 1.62 Med: 10.16 Max: 182.84
Current: 42.95

During the past 13 years, Wing Tai Properties's highest Days Payable was 182.84. The lowest was 1.62. And the median was 10.16.

FRA:USH's Days Payable is ranked worse than
73.65% of 1579 companies
in the Real Estate industry
Industry Median: 98.32 vs FRA:USH: 42.95

Wing Tai Properties's Days Payable increased from Dec. 2022 (1.05) to Dec. 2023 (131.69). It may suggest that Wing Tai Properties delayed paying its suppliers.

Wing Tai Properties Days Payable Historical Data

The historical data trend for Wing Tai 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.

Wing Tai Properties Days Payable Chart

Wing Tai Properties Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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179.55

6.11

1.57

1.86

41.03

Wing Tai 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															0.83	4.07	1.05	24.22	131.69

Competitive Comparison of Wing Tai Properties's Days Payable

For the Real Estate - Development subindustry, Wing Tai 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.

Wing Tai Properties's Days Payable Distribution in the Real Estate Industry

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

* The bar in red indicates where Wing Tai Properties's Days Payable falls into.

Wing Tai 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.

Wing Tai 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
=	( (2.013	+	3.311)	/	2 )	/	23.683	*	365
=	2.662					/	23.683	*	365
=	41.03

Wing Tai 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
=	( (3.111	+	3.311)	/	2 )	/	4.45	*	365 / 2
=	3.211					/	4.45	*	365 / 2
=	131.69

Wing Tai Properties Days Payable Related Terms

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Wing Tai Properties (FRA:USH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Wing Tai Properties Ltd (FRA:USH) » Definitions » Days Payable

Traded in Other Exchanges

00369:Hong Kong

Address

Landmark East, 100 How Ming Street, 27th Floor, AIA Kowloon Tower, Kwun Tong, Kowloon, Hong Kong, HKG

Website

https://www.wingtaiproperties.com

Wing Tai Properties Ltd is an investment holding company. The business activity of the group is operated through Property Development, Property Investment & Management, Hospitality Investment & Management, and Other segments. Its investment property portfolio is mainly comprised of commercial, industrial, residential units and serviced apartments, and others. The company's geographical segments are Hong Kong, the United Kingdom, the People's Republic of China, Singapore, and others, of which the majority of its revenue comes from Hong Kong.

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