Xiwang Property Holdings Co (FRA:XSA) Days Payable: 2,849.54 (As of Jun. 2024)

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What is Xiwang Property Holdings Co Days Payable?

Xiwang Property Holdings Co FRA:XSA Days Payable is 2,849.54 as of Jun. 2024.

Xiwang Property Holdings Co's average Accounts Payable for the six months ended in Jun. 2024 was €1.23 Mil. Xiwang Property Holdings Co's Cost of Goods Sold for the six months ended in Jun. 2024 was €0.08 Mil. Hence, Xiwang Property Holdings Co's Days Payable for the six months ended in Jun. 2024 was 2,849.54.

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

FRA:XSA's Days Payable is not ranked *
in the Real Estate industry.
Industry Median: 95.33
* Ranked among companies with meaningful Days Payable only.

Xiwang Property Holdings Co's Days Payable increased from Jun. 2023 (360.51) to Jun. 2024 (2,849.54). It may suggest that Xiwang Property Holdings Co delayed paying its suppliers.

Xiwang Property Holdings Co Days Payable Historical Data

* Premium members only.

The historical data trend for Xiwang Property Holdings Co'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.

Xiwang Property Holdings Co Days Payable Chart

Xiwang Property Holdings Co 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 54.87 193.89 263.37 140.64 277.24

Xiwang Property Holdings Co 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 136.39 137.72 360.51 266.97 2,849.54

Xiwang Property Holdings Co Days Payable Competitor Comparison

For the Real Estate - Development subindustry, Xiwang Property Holdings Co'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.

Xiwang Property Holdings Co Days Payable vs Real Estate Industry

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

* The bar in red indicates where Xiwang Property Holdings Co's Days Payable falls into.


Xiwang Property Holdings Co 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.

Xiwang Property Holdings Co'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
=( (2.505 + 1.27) / 2 ) / 2.485*365
=1.8875 / 2.485*365
=277.24

Xiwang Property Holdings Co'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
=( (1.27 + 1.197) / 2 ) / 0.079*365 / 2
=1.2335 / 0.079*365 / 2
=2,849.54

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 2,849.54 mean?
Xiwang Property Holdings Co (FRA:XSA) has a Days Payable of 2,849.54 as of Jun. 2024. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Xiwang Property Holdings Co and its competitors.
Is Xiwang Property Holdings Co's Days Payable too high?
Xiwang Property Holdings Co's current Days Payable is 2,849.54. The Real Estate industry median Days Payable is 95.33. Xiwang Property Holdings Co's value of 2,849.54 is 2889.1% above this industry median.
How does Xiwang Property Holdings Co's Days Payable compare to competitors?
Xiwang Property Holdings Co's Days Payable of 2,849.54 can be compared against companies in the Real Estate industry. The industry median Days Payable is 95.33. Xiwang Property Holdings Co's value of 2,849.54 is 2889.1% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Real Estate company?
The median Days Payable among Real Estate companies is 95.33, based on 1,575 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Xiwang Property Holdings Co's current Days Payable of 2,849.54 is 2889.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Xiwang Property Holdings Co and its competitors. For the Real Estate industry, the median Days Payable is 95.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Xiwang Property Holdings Co's current Days Payable is 2,849.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Xiwang Property Holdings Co stock overvalued right now?
Xiwang Property Holdings Co (FRA:XSA) has a current Days Payable of 2,849.54. The current Days Payable is 2,849.54 and 2889.1% above the Real Estate industry median of 95.33. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Xiwang Property Holdings Co (FRA:XSA), the current Days Payable is 2,849.54 as of Jun. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Xiwang Property Holdings Co Business Description

Address Xiwang Industrial Area, Zouping County, Shandong Province, Binzhou, CHN, 256209
Xiwang Property Holdings Co Ltd is an investment holding company. The company segment includes Property development business; property management services business and Trading of construction material business. It generates maximum revenue from the Trading of construction material segment.