Shenzhen Investment (Shenzhen Investment) Days Payable : 145.08 (As of Dec. 2023)

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What is Shenzhen Investment Days Payable?

Shenzhen Investment's average Accounts Payable for the six months ended in Dec. 2023 was $687 Mil. Shenzhen Investment's Cost of Goods Sold for the six months ended in Dec. 2023 was $864 Mil. Hence, Shenzhen Investment's Days Payable for the six months ended in Dec. 2023 was 145.08.

The historical rank and industry rank for Shenzhen Investment's Days Payable or its related term are showing as below:

SZNTF' s Days Payable Range Over the Past 10 Years
Min: 29.71 Med: 83.02 Max: 210.78
Current: 193.78

During the past 13 years, Shenzhen Investment's highest Days Payable was 210.78. The lowest was 29.71. And the median was 83.02.

SZNTF's Days Payable is ranked better than
69.24% of 1580 companies
in the Real Estate industry
Industry Median: 98.245 vs SZNTF: 193.78

Shenzhen Investment's Days Payable increased from Dec. 2022 (81.40) to Dec. 2023 (145.08). It may suggest that Shenzhen Investment delayed paying its suppliers.

Shenzhen Investment Days Payable Historical Data

The historical data trend for Shenzhen Investment'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.

Shenzhen Investment Days Payable Chart

Shenzhen Investment Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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85.31

118.23

77.14

93.98

211.12

Shenzhen Investment 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															261.96	96.51	81.40	254.07	145.08

Competitive Comparison of Shenzhen Investment's Days Payable

For the Real Estate - Development subindustry, Shenzhen Investment'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.

Shenzhen Investment's Days Payable Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Shenzhen Investment's Days Payable distribution charts can be found below:

* The bar in red indicates where Shenzhen Investment's Days Payable falls into.

Shenzhen Investment 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.

Shenzhen Investment'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
=	( (813.719	+	774.406)	/	2 )	/	1372.819	*	365
=	794.0625					/	1372.819	*	365
=	211.12

Shenzhen Investment'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
=	( (599.1	+	774.406)	/	2 )	/	863.892	*	365 / 2
=	686.753					/	863.892	*	365 / 2
=	145.08

Shenzhen Investment Days Payable Related Terms

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Shenzhen Investment (Shenzhen Investment) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Shenzhen Investment Ltd (OTCPK:SZNTF) » Definitions » Days Payable

Traded in Other Exchanges

00604:Hong Kong

Address

9 Science Museum Road, 8th Floor, New East Ocean Centre, Tsim Sha Tsui, Kowloon, Hong Kong, HKG

Website

http://www.shenzheninvestment.com

Shenzhen Investment Ltd is a general real estate company. The company reports five core segments: property development, property investment, property management, manufacture, and others. The company generates the vast majority of its revenue from its property development operations, followed by property management. The property development segment develops residential, industrial, and commercial properties. The company generates its revenue in mainland China.

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