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Jinmao Property Services Co (HKSE:00816) Days Payable : 113.62 (As of Dec. 2023)


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What is Jinmao Property Services Co Days Payable?

Jinmao Property Services Co's average Accounts Payable for the six months ended in Dec. 2023 was HK$655 Mil. Jinmao Property Services Co's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$1,052 Mil. Hence, Jinmao Property Services Co's Days Payable for the six months ended in Dec. 2023 was 113.62.

The historical rank and industry rank for Jinmao Property Services Co's Days Payable or its related term are showing as below:

HKSE:00816' s Days Payable Range Over the Past 10 Years
Min: 48.77   Med: 58.28   Max: 103.36
Current: 103.36

During the past 6 years, Jinmao Property Services Co's highest Days Payable was 103.36. The lowest was 48.77. And the median was 58.28.

HKSE:00816's Days Payable is ranked better than
51.08% of 1580 companies
in the Real Estate industry
Industry Median: 98.245 vs HKSE:00816: 103.36

Jinmao Property Services Co's Days Payable increased from Dec. 2022 (75.91) to Dec. 2023 (113.62). It may suggest that Jinmao Property Services Co delayed paying its suppliers.


Jinmao Property Services Co Days Payable Historical Data

The historical data trend for Jinmao Property Services 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.

* Premium members only.

Jinmao Property Services Co Days Payable Chart

Jinmao Property Services Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial 50.23 50.71 48.77 69.00 99.60

Jinmao Property Services Co Semi-Annual Data
Dec18 Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Days Payable Get a 7-Day Free Trial Premium Member Only 53.39 62.32 75.91 97.16 113.62

Competitive Comparison of Jinmao Property Services Co's Days Payable

For the Real Estate Services subindustry, Jinmao Property Services 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.


Jinmao Property Services Co's Days Payable Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Jinmao Property Services Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Jinmao Property Services Co's Days Payable falls into.



Jinmao Property Services 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.

Jinmao Property Services 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
=( (509.316 + 659.385) / 2 ) / 2141.477*365
=584.3505 / 2141.477*365
=99.60

Jinmao Property Services 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
=( (650.584 + 659.385) / 2 ) / 1052.087*365 / 2
=654.9845 / 1052.087*365 / 2
=113.62

* 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.


Jinmao Property Services Co Days Payable Related Terms

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Jinmao Property Services Co (HKSE:00816) Business Description

Traded in Other Exchanges
Address
Unit 2, Xitieying Middle Avenue, 6th Floor, YouAn International Tower, Fengtai, Beijing, CHN
Jinmao Property Services Co Ltd is a fast-growing high-end property management company in China, and a city operation service provider, managing a diversified property portfolio covering both residential properties and non-residential services.
Executives
Sinochem Corporation 2201 Interest of corporation controlled by you
Sinochem Group Co., Ltd 2201 Interest of corporation controlled by you
Sinochem Holdings Corporation Ltd. 2201 Interest of corporation controlled by you
Sinochem Hong Kong (group) Company Limited 2501 Other
China Jinmao Holdings Group Limited 2101 Beneficial owner

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