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Zhong An Group (FRA:35Z) Days Payable : 104.42 (As of Jun. 2024)


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What is Zhong An Group Days Payable?

Zhong An Group's average Accounts Payable for the six months ended in Jun. 2024 was €546 Mil. Zhong An Group's Cost of Goods Sold for the six months ended in Jun. 2024 was €954 Mil. Hence, Zhong An Group's Days Payable for the six months ended in Jun. 2024 was 104.42.

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

FRA:35Z' s Days Payable Range Over the Past 10 Years
Min: 72.98   Med: 184.8   Max: 568.59
Current: 72.98

During the past 13 years, Zhong An Group's highest Days Payable was 568.59. The lowest was 72.98. And the median was 184.80.

FRA:35Z's Days Payable is ranked worse than
59.06% of 1590 companies
in the Real Estate industry
Industry Median: 99.76 vs FRA:35Z: 72.98

Zhong An Group's Days Payable increased from Jun. 2023 (100.99) to Jun. 2024 (104.42). It may suggest that Zhong An Group delayed paying its suppliers.


Zhong An Group Days Payable Historical Data

The historical data trend for Zhong An Group'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.

Zhong An Group Days Payable Chart

Zhong An Group 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 160.67 99.44 181.69 110.86 77.38

Zhong An Group Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 105.06 100.36 100.99 49.29 104.42

Competitive Comparison of Zhong An Group's Days Payable

For the Real Estate - Development subindustry, Zhong An Group'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.


Zhong An Group's Days Payable Distribution in the Real Estate Industry

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

* The bar in red indicates where Zhong An Group's Days Payable falls into.



Zhong An Group 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.

Zhong An Group'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
=( (261.477 + 444.473) / 2 ) / 1665.045*365
=352.975 / 1665.045*365
=77.38

Zhong An Group's Days Payable for the quarter that ended in Jun. 2024 is calculated as:

Days Payable (Q: Jun. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2023 ) + Accounts Payable (Q: Jun. 2024 )) / count ) / Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=( (444.473 + 647.651) / 2 ) / 954.38*365 / 2
=546.062 / 954.38*365 / 2
=104.42

* 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.


Zhong An Group Days Payable Related Terms

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Zhong An Group Business Description

Traded in Other Exchanges
Address
No. 996, Xiaoshao Road, Xiaoshan District, Zhejiang Province, Hangzhou, CHN, 311201
Zhong An Group Ltd is an investment holding. The principal activities of the group are property development, leasing and hotel operations. The operating segments of the group are the Residential segment which develops and sells residential properties, and provides property management services, project management services and other services to residential properties in Mainland China and Canada; and the Commercial segment which develops and sells commercial properties, leases investment properties, owns and operates hotels and provides property management services, project management services and other services to commercial properties in Mainland China, Japan and United Kingdom. It generates the majority of the revenue from the commercial segment.

Zhong An Group Headlines

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