China Jinmao Holdings Group (HKSE:00817) Days Payable : 131.79 (As of Dec. 2023)

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What is China Jinmao Holdings Group Days Payable?

China Jinmao Holdings Group's average Accounts Payable for the six months ended in Dec. 2023 was HK$32,372 Mil. China Jinmao Holdings Group's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$44,828 Mil. Hence, China Jinmao Holdings Group's Days Payable for the six months ended in Dec. 2023 was 131.79.

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

HKSE:00817' s Days Payable Range Over the Past 10 Years
Min: 124.88 Med: 165.97 Max: 307.3
Current: 174.05

During the past 13 years, China Jinmao Holdings Group's highest Days Payable was 307.30. The lowest was 124.88. And the median was 165.97.

HKSE:00817's Days Payable is ranked better than
67.34% of 1577 companies
in the Real Estate industry
Industry Median: 96.69 vs HKSE:00817: 174.05

China Jinmao Holdings Group's Days Payable increased from Dec. 2022 (119.30) to Dec. 2023 (131.79). It may suggest that China Jinmao Holdings Group delayed paying its suppliers.

China Jinmao Holdings Group Days Payable Historical Data

The historical data trend for China Jinmao Holdings Group'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 Jinmao Holdings Group Days Payable Chart

China Jinmao Holdings Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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185.08

151.60

124.88

163.51

180.74

China Jinmao Holdings Group 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															96.00	242.37	119.30	241.91	131.79

Competitive Comparison of China Jinmao Holdings Group's Days Payable

For the Real Estate - Development subindustry, China Jinmao Holdings Group'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 Jinmao Holdings Group's Days Payable Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, China Jinmao Holdings Group's Days Payable distribution charts can be found below:

* The bar in red indicates where China Jinmao Holdings Group's Days Payable falls into.

China Jinmao Holdings Group 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 Jinmao Holdings Group'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
=	( (34431.727	+	34227.408)	/	2 )	/	69326.038	*	365
=	34329.5675					/	69326.038	*	365
=	180.74

China Jinmao Holdings Group'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
=	( (30515.889	+	34227.408)	/	2 )	/	44827.904	*	365 / 2
=	32371.6485					/	44827.904	*	365 / 2
=	131.79

China Jinmao Holdings Group Days Payable Related Terms

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China Jinmao Holdings Group (HKSE:00817) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » China Jinmao Holdings Group Ltd (HKSE:00817) » Definitions » Days Payable

Traded in Other Exchanges

3F5:Germany

Address

No. 1 Harbour Road, Room 4702-4703, 47th Floor, Office Tower, Convention Plaza, Wanchai, Hong Kong, HKG

Website

https://www.chinajinmao.cn

China Jinmao, formerly known as Franshion Properties, is a mid-cap real estate developer in China, and listed on the Hong Kong stock exchange in 2007. As the real estate arm of Sinochem, a leading government-controlled chemical-producing conglomerate, China Jinmao focuses on the development of high-end residential projects in higher-tier cities of China with premium pricing. It also engages in a unique city operation model, in which it has opportunities to participate in large-scale primary and secondary land development through specific agreements with local government. Under the mixed ownership reform initiative, China Jinmao brought in Ping An as a long-term financial investor and as the second largest shareholder.

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