Chinese Estates Holdings (Chinese Estates Holdings) Days Payable : 1,703.07 (As of Jun. 2023)

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What is Chinese Estates Holdings Days Payable?

Chinese Estates Holdings's average Accounts Payable for the six months ended in Jun. 2023 was $28.29 Mil. Chinese Estates Holdings's Cost of Goods Sold for the six months ended in Jun. 2023 was $3.03 Mil. Hence, Chinese Estates Holdings's Days Payable for the six months ended in Jun. 2023 was 1,703.07.

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

CESTF' s Days Payable Range Over the Past 10 Years
Min: 122.55 Med: 233.26 Max: 1886.62
Current: 1559.7

During the past 13 years, Chinese Estates Holdings's highest Days Payable was 1886.62. The lowest was 122.55. And the median was 233.26.

CESTF's Days Payable is ranked better than
85.52% of 525 companies
in the Capital Markets industry
Industry Median: 94.73 vs CESTF: 1559.70

Chinese Estates Holdings's Days Payable declined from Jun. 2022 (1,887.32) to Jun. 2023 (1,703.07). It may suggest that Chinese Estates Holdings accelerated paying its suppliers.

Chinese Estates Holdings Days Payable Historical Data

The historical data trend for Chinese Estates Holdings'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.

Chinese Estates Holdings Days Payable Chart

Chinese Estates Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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172.51

126.17

166.27

1,468.22

1,651.38

Chinese Estates Holdings 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															140.13	1,887.32	1,061.94	1,703.07	1,344.37

Competitive Comparison of Chinese Estates Holdings's Days Payable

For the Capital Markets subindustry, Chinese Estates Holdings'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.

Chinese Estates Holdings's Days Payable Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Chinese Estates Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Chinese Estates Holdings's Days Payable falls into.

Chinese Estates Holdings 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.

Chinese Estates Holdings's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (27.447	+	32.754)	/	2 )	/	7.483	*	365
=	30.1005					/	7.483	*	365
=	1,468.22

Chinese Estates Holdings's Days Payable for the quarter that ended in Jun. 2023 is calculated as:

	Days Payable (Q: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2022 )	+	Accounts Payable (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (32.754	+	23.816)	/	2 )	/	3.031	*	365 / 2
=	28.285					/	3.031	*	365 / 2
=	1,703.07

Chinese Estates Holdings Days Payable Related Terms

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Chinese Estates Holdings (Chinese Estates Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Chinese Estates Holdings Ltd (OTCPK:CESTF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

00127:Hong Kong

Address

311 Gloucester Road, 21st Floor, Chubb Tower, Windsor House, Causeway Bay, Hong Kong, HKG

Website

https://www.chineseestates.com

Chinese Estates Holdings Ltd is an investment holding company. The company's operating segment includes Property development and trading; Property leasing includes Retail and Non-retail; Listed equity investments at FVTOCI; Investments and treasury products at FVTPL; Unlisted investments, investment holding and brokerage, and other segments. The company's geographical segments include Hong Kong, United Kingdom, Mainland China, and Other countries.

Chinese Estates Holdings (Chinese Estates Holdings) Headlines

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