Grand Ocean Advanced Resources Co (HKSE:00065) Days Payable : 0.00 (As of Dec. 2023)

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What is Grand Ocean Advanced Resources Co Days Payable?

Grand Ocean Advanced Resources Co's average Accounts Payable for the six months ended in Dec. 2023 was HK$0.0 Mil. Grand Ocean Advanced Resources Co's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$72.4 Mil. Hence, Grand Ocean Advanced Resources Co's Days Payable for the six months ended in Dec. 2023 was 0.00.

The historical rank and industry rank for Grand Ocean Advanced Resources Co's Days Payable or its related term are showing as below:

During the past 13 years, Grand Ocean Advanced Resources Co's highest Days Payable was 739.60. The lowest was 32.81. And the median was 165.11.

HKSE:00065's Days Payable is not ranked ^*
in the Other Energy Sources industry.
Industry Median: 64.77
* Ranked among companies with meaningful Days Payable only.

Grand Ocean Advanced Resources Co's Days Payable stayed the same from Dec. 2022 (0.00) to Dec. 2023 (0.00).

Grand Ocean Advanced Resources Co Days Payable Historical Data

The historical data trend for Grand Ocean Advanced Resources Co'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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Grand Ocean Advanced Resources Co Days Payable Chart

Grand Ocean Advanced Resources Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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Grand Ocean Advanced Resources Co 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															-	-	-	-	-

Competitive Comparison of Grand Ocean Advanced Resources Co's Days Payable

For the Thermal Coal subindustry, Grand Ocean Advanced Resources Co'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.

Grand Ocean Advanced Resources Co's Days Payable Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Grand Ocean Advanced Resources Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Grand Ocean Advanced Resources Co's Days Payable falls into.

Grand Ocean Advanced Resources Co 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.

Grand Ocean Advanced Resources Co'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
=	( (0	+	0)	/	1 )	/	122.749	*	365
=	0					/	122.749	*	365
=	0.00

Grand Ocean Advanced Resources Co'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
=	( (0	+	0)	/	1 )	/	72.422	*	365 / 2
=	0					/	72.422	*	365 / 2
=	0.00

Grand Ocean Advanced Resources Co Days Payable Related Terms

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Grand Ocean Advanced Resources Co (HKSE:00065) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » Grand Ocean Advanced Resources Co Ltd (HKSE:00065) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

255-257 Gloucester Road, Suite 1602, Sino Plaza, Hong Kong, HKG

Website

https://www.grandocean65.com

Grand Ocean Advanced Resources Co Ltd is an investment holding company that is engaged in the coal mining business. The Group has one reportable operating segment which is the Coal Mining Business. Majority of its revenue is generated from PRC except Hong Kong.

Executives

Cao Min	2201 Interest of corporation controlled by you
Yuan Nian Guo Ji Kong Gu You Xian Gong Si	2201 Interest of corporation controlled by you
Sungold Developments Group Limited	2101 Beneficial owner
Ninetynine Technology Service Limited	2101 Beneficial owner
Liu Chang Deng	2101 Beneficial owner
Xiao Bingnan	2101 Beneficial owner
Blossom International Investment Holdings Limited	2201 Interest of corporation controlled by you
Blossom Investment Consultant Limited	2101 Beneficial owner
Yang Fang	2201 Interest of corporation controlled by you

Grand Ocean Advanced Resources Co (HKSE:00065) Headlines

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