E-Star Commercial Management Co (HKSE:06668) Days Payable : 26.42 (As of Dec. 2023)

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What is E-Star Commercial Management Co Days Payable?

E-Star Commercial Management Co's average Accounts Payable for the six months ended in Dec. 2023 was HK$28.1 Mil. E-Star Commercial Management Co's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$194.2 Mil. Hence, E-Star Commercial Management Co's Days Payable for the six months ended in Dec. 2023 was 26.42.

The historical rank and industry rank for E-Star Commercial Management Co's Days Payable or its related term are showing as below:

HKSE:06668' s Days Payable Range Over the Past 10 Years
Min: 29.34 Med: 37.47 Max: 51.56
Current: 29.34

During the past 7 years, E-Star Commercial Management Co's highest Days Payable was 51.56. The lowest was 29.34. And the median was 37.47.

HKSE:06668's Days Payable is ranked worse than
81.87% of 1572 companies
in the Real Estate industry
Industry Median: 100.22 vs HKSE:06668: 29.34

E-Star Commercial Management Co's Days Payable declined from Dec. 2022 (31.11) to Dec. 2023 (26.42). It may suggest that E-Star Commercial Management Co accelerated paying its suppliers.

E-Star Commercial Management Co Days Payable Historical Data

The historical data trend for E-Star Commercial Management 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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E-Star Commercial Management Co Days Payable Chart

E-Star Commercial Management Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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46.30

37.47

33.23

34.99

29.34

E-Star Commercial Management Co Semi-Annual Data
	Dec17	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial						34.54	42.24	31.11	33.53	26.42

Competitive Comparison of E-Star Commercial Management Co's Days Payable

For the Real Estate Services subindustry, E-Star Commercial Management 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.

E-Star Commercial Management Co's Days Payable Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, E-Star Commercial Management Co's Days Payable distribution charts can be found below:

* The bar in red indicates where E-Star Commercial Management Co's Days Payable falls into.

E-Star Commercial Management 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.

E-Star Commercial Management 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
=	( (23.285	+	29.726)	/	2 )	/	329.721	*	365
=	26.5055					/	329.721	*	365
=	29.34

E-Star Commercial Management 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
=	( (26.5	+	29.726)	/	2 )	/	194.224	*	365 / 2
=	28.113					/	194.224	*	365 / 2
=	26.42

E-Star Commercial Management Co Days Payable Related Terms

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E-Star Commercial Management Co (HKSE:06668) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » E-Star Commercial Management Co Ltd (HKSE:06668) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 Yabao Road, 32nd Floor, Building A Galaxy World, Longgang District, Guangdong Province, Shenzhen, CHN, 518000

Website

https://www.g-cre.com

E-Star Commercial Management Co Ltd is a commercial operational service provider in China with business lines including, positioning, construction consultancy and tenant sourcing services including market positioning, business planning consultancy, design and construction consultancy and tenant sourcing services; operational management services including formulating operation strategies, conducting marketing and promotional events, tenant management services, property management services and rent collection services; property leasing services including sublease of commercial spaces; and value-added services including management of common areas in the shopping centers and management of advertising spaces, such as LED boards and interior and exterior facades of the shopping centers.

Executives

Virtue Investment Development Limited	2101 Beneficial owner
Huang Chu-long
Go Star Investment Holding Limited	2201 Interest of corporation controlled by you
Long Harmony Holding Limited	2201 Interest of corporation controlled by you
Tmf (cayman) Ltd.	2301 Trustee
Huang De-lin Benny	2101 Beneficial owner
Central Huijin Investment Ltd.	2201 Interest of corporation controlled by you

E-Star Commercial Management Co (HKSE:06668) Headlines

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