Nam Tai Property (Nam Tai Property) Days Payable : 1,891.56 (As of Sep. 2021)

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What is Nam Tai Property Days Payable?

Nam Tai Property's average Accounts Payable for the three months ended in Sep. 2021 was $75.7 Mil. Nam Tai Property's Cost of Goods Sold for the three months ended in Sep. 2021 was $3.7 Mil. Hence, Nam Tai Property's Days Payable for the three months ended in Sep. 2021 was 1,891.56.

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

NTPIF's Days Payable is not ranked ^*
in the Real Estate industry.
Industry Median: 96.91
* Ranked among companies with meaningful Days Payable only.

Nam Tai Property's Days Payable declined from Sep. 2020 (5,119.50) to Sep. 2021 (1,891.56). It may suggest that Nam Tai Property accelerated paying its suppliers.

Nam Tai Property Days Payable Historical Data

The historical data trend for Nam Tai Property'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.

Nam Tai Property Days Payable Chart

Nam Tai Property Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Days Payable

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270.54

232,297.50

16,673.99

654.76

Nam Tai Property Quarterly Data
	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21
Days Payable	Get a 7-Day Free Trial															5,119.50	206.19	224.80	1,540.89	1,891.56

Competitive Comparison of Nam Tai Property's Days Payable

For the Real Estate Services subindustry, Nam Tai Property'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.

Nam Tai Property's Days Payable Distribution in the Real Estate Industry

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

* The bar in red indicates where Nam Tai Property's Days Payable falls into.

Nam Tai Property 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.

Nam Tai Property's Days Payable for the fiscal year that ended in Dec. 2020 is calculated as

	Days Payable (A: Dec. 2020 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2019 )	+	Accounts Payable (A: Dec. 2020 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2020 )	*	Days in Period
=	( (36.676	+	61.559)	/	2 )	/	27.381	*	365
=	49.1175					/	27.381	*	365
=	654.76

Nam Tai Property's Days Payable for the quarter that ended in Sep. 2021 is calculated as:

	Days Payable (Q: Sep. 2021 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2021 )	+	Accounts Payable (Q: Sep. 2021 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2021 )	*	Days in Period
=	( (80.653	+	70.672)	/	2 )	/	3.65	*	365 / 4
=	75.6625					/	3.65	*	365 / 4
=	1,891.56

Nam Tai Property Days Payable Related Terms

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Nam Tai Property (Nam Tai Property) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Nam Tai Property Inc (OTCPK:NTPIF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 2, Namtai Road, Gushu Community, Nam Tai Estate, Baoan, Xixiang Township, Shenzhen, CHN

Website

http://www.namtai.com

Nam Tai Property Inc is engaged in the business of property development and management. The company is focused on the redevelopment of parcels of land into commercial complexes. The firm is looking for the business opportunity of rental income from commercial complexes in future with operations in Mainland China.