Henderson Land Development Co (Henderson Land Development Co) Days Payable : 139.18 (As of Dec. 2023)

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What is Henderson Land Development Co Days Payable?

Henderson Land Development Co's average Accounts Payable for the six months ended in Dec. 2023 was $1,157 Mil. Henderson Land Development Co's Cost of Goods Sold for the six months ended in Dec. 2023 was $1,517 Mil. Hence, Henderson Land Development Co's Days Payable for the six months ended in Dec. 2023 was 139.18.

The historical rank and industry rank for Henderson Land Development Co's Days Payable or its related term are showing as below:

HLDVF' s Days Payable Range Over the Past 10 Years
Min: 185.02 Med: 235.95 Max: 415.6
Current: 185.02

During the past 13 years, Henderson Land Development Co's highest Days Payable was 415.60. The lowest was 185.02. And the median was 235.95.

HLDVF's Days Payable is ranked better than
68.66% of 1570 companies
in the Real Estate industry
Industry Median: 96.765 vs HLDVF: 185.02

Henderson Land Development Co's Days Payable declined from Dec. 2022 (146.62) to Dec. 2023 (139.18). It may suggest that Henderson Land Development Co accelerated paying its suppliers.

Henderson Land Development Co Days Payable Historical Data

The historical data trend for Henderson Land Development 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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Henderson Land Development Co Days Payable Chart

Henderson Land Development Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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202.33

235.67

236.02

206.17

186.76

Henderson Land Development 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															189.14	315.95	146.62	278.53	139.18

Competitive Comparison of Henderson Land Development Co's Days Payable

For the Real Estate - Diversified subindustry, Henderson Land Development 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.

Henderson Land Development Co's Days Payable Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Henderson Land Development Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Henderson Land Development Co's Days Payable falls into.

Henderson Land Development 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.

Henderson Land Development 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
=	( (1102.191	+	1196.189)	/	2 )	/	2245.896	*	365
=	1149.19					/	2245.896	*	365
=	186.76

Henderson Land Development 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
=	( (1117.069	+	1196.189)	/	2 )	/	1516.684	*	365 / 2
=	1156.629					/	1516.684	*	365 / 2
=	139.18

Henderson Land Development Co Days Payable Related Terms

Thank you for viewing the detailed overview of Henderson Land Development Co's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Henderson Land Development Co (Henderson Land Development Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Henderson Land Development Co Ltd (OTCPK:HLDVF) » Definitions » Days Payable

Traded in Other Exchanges

HLDCY:USA 00012:Hong Kong HLD:Germany

Address

8 Finance Street, 72nd -76th Floor, Two International Finance Centre, Central, Hong Kong, HKG

Website

https://www.hld.com

Henderson Land Development is a leading property developer in Hong Kong with a focus on urban redevelopment and farmland conversion. The company was founded in 1976, listed in 1981. Founder Lee Shau Kee is the controlling shareholder, and a series of disposals in December 2017 reduced his stake to below 72.8%. The share disposals were the first since 1993, lessening the possibility of a privatization. Lee stepped down in May 2019, succeeded by his two sons as joint chairmen and managing directors. Henderson Land also controls four listed entities directly, including a 33.4% stake in Hong Kong Ferry, a 69% stake in Henderson Investment, a 41.5% stake in Hong Kong and China Gas, and a 50.1% stake in Miramar Hotel & Investment.

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