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Alset (AEI) Days Payable : 254.49 (As of Dec. 2023)


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What is Alset Days Payable?

Alset's average Accounts Payable for the three months ended in Dec. 2023 was $4.37 Mil. Alset's Cost of Goods Sold for the three months ended in Dec. 2023 was $1.57 Mil. Hence, Alset's Days Payable for the three months ended in Dec. 2023 was 254.49.

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

AEI' s Days Payable Range Over the Past 10 Years
Min: 75.97   Med: 92.1   Max: 700.51
Current: 92.1

During the past 7 years, Alset's highest Days Payable was 700.51. The lowest was 75.97. And the median was 92.10.

AEI's Days Payable is ranked worse than
51.5% of 1571 companies
in the Real Estate industry
Industry Median: 96.91 vs AEI: 92.10

Alset's Days Payable increased from Dec. 2022 (217.24) to Dec. 2023 (254.49). It may suggest that Alset delayed paying its suppliers.


Alset Days Payable Historical Data

The historical data trend for Alset'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.

Alset Days Payable Chart

Alset Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial 75.97 85.56 210.13 700.51 92.10

Alset Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 217.24 395.06 - - 254.49

Competitive Comparison of Alset's Days Payable

For the Real Estate - Development subindustry, Alset'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.


Alset's Days Payable Distribution in the Real Estate Industry

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

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



Alset 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.

Alset'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
=( (2.983 + 4.373) / 2 ) / 14.577*365
=3.678 / 14.577*365
=92.10

Alset'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: Sep. 2023 ) + Accounts Payable (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (0 + 4.373) / 1 ) / 1.568*365 / 4
=4.373 / 1.568*365 / 4
=254.49

* 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.


Alset Days Payable Related Terms

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


Alset (AEI) Business Description

Traded in Other Exchanges
Address
4800 Montgomery Lane, Suite 210, Bethesda, MD, USA, 20814
Alset Inc is a diversified holding company engaged through its subsidiaries in the development of EHome communities and other real estate, financial services, digital transformation technologies, biohealth activities, and consumer products with operations in the United States, Singapore, Hong Kong, Australia, and South Korea. The Company operates in four business segments: real estate, digital transformation technology, biohealth, and other business activities, and it derives a majority of its revenue from the Real Estate segment.
Executives
Chan Heng Fai Ambrose director, 10 percent owner, officer: Chief Executive Officer 2601 INSLAND PLACE TOWER, 510 KINGS RD N POINT, HONG KONG K3 999999999
Hiu Pan Wong director RM F, 47/F, TOWER 6, PARK AVENUE,, 18 HOI TING ROAD, TAI KOK TUSI, KOWLOON, HONG KONG F4 999077
Lim Sheng Hon Danny director 4800 MONTGOMERY LANE, SUITE 210, BETHESDA MD 20814
Hay Kim Ang director C/O HF ENTERPRISES INC. HAMPDEN SQUARE, 4800 MONTGOMERY LANE SUITE 210, BETHESDA MD 20814
Anthony S. Chan officer: Chief Operating Officer 228 YANJIANG AVE., JIANGAN DIST., BLDG A, WUHAN CITY F4 430010
Robert H Trapp other: Former Director C/O EVISION INTERNATIONAL INC., 1888 SHERMAN ST. #500, DENVER CO 80203
Shui Yeung Wong director 4800 MONTGOMERY LANE, SUITE 210, BETHESDA MD 20814
Tung Moe Chan officer: Co-Chief Executive Officer 1601 BLAKE ST, SUITE 310, DENVER CO 80202
Hfe Holdings Ltd 10 percent owner C/O SINGAPORE EDEVELOPMENT LTD. UNIT B, 17 FL GREATMANY CNTR 109-111 QUEENS RD E, WAN CHAI K3 50
Wu William Wai Leung director C/O DOCUMENT SECURITY SYSTEMS, INC., 200 CANAL VIEW BLVD., SUITE 300, ROCHESTER NY 14624
Tat Keung Wong director 4800 MONTGOMERY LANE SUITE 210, BETHESDA MD 20814
Lui Wai Leung Alan officer: Co-Chief Financial Officer 10 WINSTEDT ROAD #02-02 BLOCK A, SINGAPORE U0 227977
Rongguo Wei officer: Co-Chief Financial Officer 4800 MONTGOMERY LN #210, BETHESDA MD 20814
Charles Mackenzie officer: Chief Development Officer 4800 MONTGOMERY LANE, SUITE 210, BETHESDA MD 20814

Alset (AEI) Headlines

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