Great China Holdings (Hong Kong) (HKSE:00021) Days Payable : 3,295.29 (As of Dec. 2023)

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What is Great China Holdings (Hong Kong) Days Payable?

Great China Holdings (Hong Kong)'s average Accounts Payable for the six months ended in Dec. 2023 was HK$44.51 Mil. Great China Holdings (Hong Kong)'s Cost of Goods Sold for the six months ended in Dec. 2023 was HK$2.47 Mil. Hence, Great China Holdings (Hong Kong)'s Days Payable for the six months ended in Dec. 2023 was 3,295.29.

The historical rank and industry rank for Great China Holdings (Hong Kong)'s Days Payable or its related term are showing as below:

HKSE:00021' s Days Payable Range Over the Past 10 Years
Min: 133.94 Med: 487.01 Max: 2695.78
Current: 1128.38

During the past 13 years, Great China Holdings (Hong Kong)'s highest Days Payable was 2695.78. The lowest was 133.94. And the median was 487.01.

HKSE:00021's Days Payable is ranked better than
94.3% of 1579 companies
in the Real Estate industry
Industry Median: 97.02 vs HKSE:00021: 1128.38

Great China Holdings (Hong Kong)'s Days Payable increased from Dec. 2022 (2,085.18) to Dec. 2023 (3,295.29). It may suggest that Great China Holdings (Hong Kong) delayed paying its suppliers.

Great China Holdings (Hong Kong) Days Payable Historical Data

The historical data trend for Great China Holdings (Hong Kong)'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.

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Great China Holdings (Hong Kong) Days Payable Chart

Great China Holdings (Hong Kong) Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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477.23

272.88

2,695.78

2,147.47

1,141.45

Great China Holdings (Hong Kong) 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															2,638.80	2,142.10	2,085.18	675.13	3,295.29

Competitive Comparison of Great China Holdings (Hong Kong)'s Days Payable

For the Real Estate Services subindustry, Great China Holdings (Hong Kong)'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.

Great China Holdings (Hong Kong)'s Days Payable Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Great China Holdings (Hong Kong)'s Days Payable distribution charts can be found below:

* The bar in red indicates where Great China Holdings (Hong Kong)'s Days Payable falls into.

Great China Holdings (Hong Kong) 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.

Great China Holdings (Hong Kong)'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
=	( (45.071	+	45.357)	/	2 )	/	14.458	*	365
=	45.214					/	14.458	*	365
=	1,141.45

Great China Holdings (Hong Kong)'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
=	( (43.661	+	45.357)	/	2 )	/	2.465	*	365 / 2
=	44.509					/	2.465	*	365 / 2
=	3,295.29

Great China Holdings (Hong Kong) Days Payable Related Terms

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Great China Holdings (Hong Kong) (HKSE:00021) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Great China Holdings (Hong Kong) Ltd (HKSE:00021) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Central Plaza, 18 Harbour Road, Suite 6403A-4, 64th Floor, Wanchai, Hong Kong, HKG

Website

http://www.greatchinaproperties.com

Great China Holdings (Hong Kong) Ltd formerly Great China Properties Holdings Ltd is engaged in real estate development and management. It projects of the company include the gold coast project, the tanghai county project, the daya bay project, the jin bao cheng project, the hong hai bay project, and the Heqing project. It has a single reportable segment based on the location of the operations, which is a property development and investment located in the PRC. The firm generates its revenue from the sale and management of properties.

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