GGEI (Green Giant) Days Payable: 8,845.76 (As of Dec. 2023)

What is Green Giant Days Payable?

Green Giant GGEI 16 Days Payable is 8,845.76 as of Dec. 2023. GuruFocus rates GGEI with a GF Score™ of 16/100.

Green Giant's average Accounts Payable for the three months ended in Dec. 2023 was $10.47 Mil. Green Giant's Cost of Goods Sold for the three months ended in Dec. 2023 was $0.11 Mil. Hence, Green Giant's Days Payable for the three months ended in Dec. 2023 was 8,845.76.

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

GGEI's Days Payable is not ranked ^*
in the Real Estate industry.
Industry Median: 94.38
* Ranked among companies with meaningful Days Payable only.

Green Giant's Days Payable increased from Dec. 2022 (7,504.09) to Dec. 2023 (8,845.76). It may suggest that Green Giant delayed paying its suppliers.

Green Giant Days Payable Related Terms

Green Giant Days Payable Historical Data

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The historical data trend for Green Giant'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.

Green Giant Days Payable Chart

Green Giant Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Days Payable

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288.81

797.90

171.37

959.57

2,421.07

Green Giant Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															7,504.09	2,480.51	2,505.39	1,443.07	8,845.76

GGEI vs JVA, NATR, BABB: Days Payable Comparison

For the Real Estate - Development subindustry, Green Giant'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.

Green Giant Days Payable vs Real Estate Industry

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

* The bar in red indicates where Green Giant's Days Payable falls into.

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16GF Score

Green Giant Inc GGEI

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Green Giant 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.

Green Giant's Days Payable for the fiscal year that ended in Sep. 2023 is calculated as

	Days Payable (A: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Sep. 2022 )	+	Accounts Payable (A: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (A: Sep. 2023 )	*	Days in Period
=	( (10.607	+	10.327)	/	2 )	/	1.578	*	365
=	10.467					/	1.578	*	365
=	2,421.07

Green Giant'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: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (10.327	+	10.612)	/	2 )	/	0.108	*	365 / 4
=	10.4695					/	0.108	*	365 / 4
=	8,845.76

Frequently Asked Questions Learn more about Days Payable →

What does a Days Payable of 8,845.76 mean?

Green Giant (GGEI) has a Days Payable of 8,845.76 as of Dec. 2023. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Green Giant and its competitors.

Is Green Giant's Days Payable too high?

Green Giant's current Days Payable is 8,845.76. The Real Estate industry median Days Payable is 94.38. Green Giant's value of 8,845.76 is 9272.5% above this industry median. Overall, Green Giant has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.

How does Green Giant's Days Payable compare to JVA and NATR?

Green Giant's Days Payable of 8,845.76 can be compared against companies in the Real Estate industry. The industry median Days Payable is 94.38. Green Giant's value of 8,845.76 is 9272.5% 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 94.38, based on 1,569 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. Green Giant's current Days Payable of 8,845.76 is 9272.5% 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 Green Giant and its competitors. For the Real Estate industry, the median Days Payable is 94.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Green Giant's current Days Payable is 8,845.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Green Giant stock overvalued right now?

Green Giant (GGEI) has a current Days Payable of 8,845.76. The current Days Payable is 8,845.76 and 9272.5% above the Real Estate industry median of 94.38. Green Giant's overall GF Score™ is 16/100. 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 Green Giant (GGEI), the current Days Payable is 8,845.76 as of Dec. 2023. 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.

Green Giant Business Description

Industry Real Estate Real Estate

Comparable Companies JVA NATR BABB COOT SENEA USNA INBP LWAY SOWG HLF HKSE:00016 DFM:EMAAR BOM:532868 PHS:HVN HKSE:01109 TSE:1925 HKSE:00688 BOM:543287 ISX:PANI ADX:ALDAR

Address 6 Xinghan Road, 19th Floor, Shaanxi Province, Hanzhong, CHN, 723000

Website http://www.chinahgs.com

Green Giant Inc is engaged in real estate development buisness and green energy business. The Company engages in real estate development through the VIE, Guangsha, in mainland China, and is transitioning itself from its real estate development business to a new energy corporation. It is engaged in the construction and sale of residential apartments, car parks, and commercial properties. The company's real-estate properties include multi-layer apartment buildings, sub-high-rise apartment buildings, and high-rise apartment buildings. The project portfolios of the company are Yangzhou Pearl Garden Phase I and II, Nanyuan II Project, Mingzhu Garden, Oriental Pearl Garden, and Yangzhou Palace. Majority of the Company's revenue is derived from real estate sales.

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