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Swire Properties (Swire Properties) Days Payable : 420.61 (As of Dec. 2023)


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What is Swire Properties Days Payable?

Swire Properties's average Accounts Payable for the six months ended in Dec. 2023 was $683 Mil. Swire Properties's Cost of Goods Sold for the six months ended in Dec. 2023 was $296 Mil. Hence, Swire Properties's Days Payable for the six months ended in Dec. 2023 was 420.61.

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

SWPFF' s Days Payable Range Over the Past 10 Years
Min: 26.69   Med: 81.46   Max: 842.25
Current: 587.23

During the past 13 years, Swire Properties's highest Days Payable was 842.25. The lowest was 26.69. And the median was 81.46.

SWPFF's Days Payable is ranked better than
89.62% of 1571 companies
in the Real Estate industry
Industry Median: 96.91 vs SWPFF: 587.23

Swire Properties's Days Payable increased from Dec. 2022 (397.21) to Dec. 2023 (420.61). It may suggest that Swire Properties delayed paying its suppliers.


Swire Properties Days Payable Historical Data

The historical data trend for Swire Properties'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.

Swire Properties Days Payable Chart

Swire Properties Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 48.04 464.24 275.92 454.99 843.59

Swire Properties 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 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 48.63 63.82 397.21 508.37 420.61

Competitive Comparison of Swire Properties's Days Payable

For the Real Estate Services subindustry, Swire Properties'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.


Swire Properties's Days Payable Distribution in the Real Estate Industry

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

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



Swire Properties 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.

Swire Properties'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
=( (1285.483 + 1250.096) / 2 ) / 548.541*365
=1267.7895 / 548.541*365
=843.59

Swire Properties'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
=( (115.664 + 1250.096) / 2 ) / 296.294*365 / 2
=682.88 / 296.294*365 / 2
=420.61

* 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.


Swire Properties Days Payable Related Terms

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Swire Properties (Swire Properties) Business Description

Traded in Other Exchanges
Address
88 Queensway, 33rd Floor, One Pacific Place, Hong Kong, HKG
Swire Properties is a Hong Kong-based property investor, and Hong Kong's largest office landlord. Its Hong Kong portfolio provides more than 13 million square feet of gross floor area, with its portfolio of Grade A office contributing more than 9 million square feet. The firm also holds investment properties and development projects in China, the United States and Southeast Asia. Rental income accounts for over 60% of its total revenue, with property development and hotel operations contributing the balance. The company was listed in 2012. Parent company Swire Pacific holds an 82% stake.