Hongkong Land Holdings (Hongkong Land Holdings) Days Payable : 457.39 (As of Dec. 2023)

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What is Hongkong Land Holdings Days Payable?

Hongkong Land Holdings's average Accounts Payable for the six months ended in Dec. 2023 was $1,743 Mil. Hongkong Land Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was $695 Mil. Hence, Hongkong Land Holdings's Days Payable for the six months ended in Dec. 2023 was 457.39.

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

HKHGF' s Days Payable Range Over the Past 10 Years
Min: 363.16 Med: 569.6 Max: 755.11
Current: 686.13

During the past 13 years, Hongkong Land Holdings's highest Days Payable was 755.11. The lowest was 363.16. And the median was 569.60.

HKHGF's Days Payable is ranked better than
91.25% of 1577 companies
in the Real Estate industry
Industry Median: 96.69 vs HKHGF: 686.13

Hongkong Land Holdings's Days Payable increased from Dec. 2022 (405.70) to Dec. 2023 (457.39). It may suggest that Hongkong Land Holdings delayed paying its suppliers.

Hongkong Land Holdings Days Payable Historical Data

The historical data trend for Hongkong Land 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.

Hongkong Land Holdings Days Payable Chart

Hongkong Land Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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516.02

563.29

535.40

575.91

673.77

Hongkong Land 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															449.80	946.32	405.70	1,440.56	457.39

Competitive Comparison of Hongkong Land Holdings's Days Payable

For the Real Estate - Development subindustry, Hongkong Land 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.

Hongkong Land Holdings's Days Payable Distribution in the Real Estate Industry

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

* The bar in red indicates where Hongkong Land Holdings's Days Payable falls into.

Hongkong Land 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.

Hongkong Land Holdings'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
=	( (1667	+	1705.9)	/	2 )	/	913.6	*	365
=	1686.45					/	913.6	*	365
=	673.77

Hongkong Land Holdings'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
=	( (1779.3	+	1705.9)	/	2 )	/	695.3	*	365 / 2
=	1742.6					/	695.3	*	365 / 2
=	457.39

Hongkong Land Holdings Days Payable Related Terms

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Hongkong Land Holdings (Hongkong Land Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Hongkong Land Holdings Ltd (OTCPK:HKHGF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

HNGKY:USA H78:Singapore HKLD:UK HLH:Germany

Address

33-35 Street, Jardine House, 4th Floor, Hamilton, BMU

Website

https://www.hkland.com

Hongkong Land is a property investor focusing on holding prime commercial assets in Hong Kong, mainland China and Singapore. It is the largest office landlord in Hong Kong's Central Business District and the second largest in Hong Kong overall. The Central portfolio includes 4.1 million square feet of office space and 0.6 million square feet of retail space. The company also holds 1.6 million square feet of office space in Singapore. The company also has property development business in mainland China, Singapore, and Southeast Asia. Hongkong Land is dual listed on the London Stock Exchange and the Singapore Exchange. Jardine Matheson Holdings owns 53% of the company.

Hongkong Land Holdings (Hongkong Land Holdings) Headlines

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