China Electronics Optics Valley Union Holding Co (HKSE:00798) Days Payable : 231.41 (As of Dec. 2023)

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What is China Electronics Optics Valley Union Holding Co Days Payable?

China Electronics Optics Valley Union Holding Co's average Accounts Payable for the six months ended in Dec. 2023 was HK$2,824 Mil. China Electronics Optics Valley Union Holding Co's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$2,227 Mil. Hence, China Electronics Optics Valley Union Holding Co's Days Payable for the six months ended in Dec. 2023 was 231.41.

The historical rank and industry rank for China Electronics Optics Valley Union Holding Co's Days Payable or its related term are showing as below:

HKSE:00798' s Days Payable Range Over the Past 10 Years
Min: 215.23 Med: 281.09 Max: 381.97
Current: 244.35

During the past 11 years, China Electronics Optics Valley Union Holding Co's highest Days Payable was 381.97. The lowest was 215.23. And the median was 281.09.

HKSE:00798's Days Payable is ranked better than
76.09% of 1577 companies
in the Real Estate industry
Industry Median: 96.82 vs HKSE:00798: 244.35

China Electronics Optics Valley Union Holding Co's Days Payable increased from Dec. 2022 (154.72) to Dec. 2023 (231.41). It may suggest that China Electronics Optics Valley Union Holding Co delayed paying its suppliers.

China Electronics Optics Valley Union Holding Co Days Payable Historical Data

The historical data trend for China Electronics Optics Valley Union Holding 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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China Electronics Optics Valley Union Holding Co Days Payable Chart

China Electronics Optics Valley Union Holding Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

295.84

381.97

309.85

266.33

249.26

China Electronics Optics Valley Union Holding 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															223.37	497.26	154.72	255.03	231.41

Competitive Comparison of China Electronics Optics Valley Union Holding Co's Days Payable

For the Real Estate Services subindustry, China Electronics Optics Valley Union Holding 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.

China Electronics Optics Valley Union Holding Co's Days Payable Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, China Electronics Optics Valley Union Holding Co's Days Payable distribution charts can be found below:

* The bar in red indicates where China Electronics Optics Valley Union Holding Co's Days Payable falls into.

China Electronics Optics Valley Union Holding 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.

China Electronics Optics Valley Union Holding 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
=	( (2398.407	+	3074.045)	/	2 )	/	4006.698	*	365
=	2736.226					/	4006.698	*	365
=	249.26

China Electronics Optics Valley Union Holding 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
=	( (2574.567	+	3074.045)	/	2 )	/	2227.384	*	365 / 2
=	2824.306					/	2227.384	*	365 / 2
=	231.41

China Electronics Optics Valley Union Holding Co Days Payable Related Terms

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China Electronics Optics Valley Union Holding Co (HKSE:00798) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » China Electronics Optics Valley Union Holding Co Ltd (HKSE:00798) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

16 Ye Zhi Hu West Road, Building No. 1, Higher Level, Creative Capital, Hongshan District, Hubei, Wuhan, CHN

Website

http://www.ceovu.com

China Electronics Optics Valley Union Holding Co Ltd is an investment holding company engaged in the development of properties. The segments are Industrial Park development services; industrial park operation services including design and construction services, property management services, leasing services, energy services, digital park (apartment) services, incubator and office sharing services, industrial park financial services as well as group catering and hotel services; and industrial investment this segment represents industrial-related industry investment businesses in various theme parks. The group's operations are located in Mainland China.

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