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Chinney Investments (HKSE:00216) Days Payable : 94.94 (As of Mar. 2024)


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What is Chinney Investments Days Payable?

Chinney Investments's average Accounts Payable for the six months ended in Mar. 2024 was HK$116 Mil. Chinney Investments's Cost of Goods Sold for the six months ended in Mar. 2024 was HK$223 Mil. Hence, Chinney Investments's Days Payable for the six months ended in Mar. 2024 was 94.94.

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

HKSE:00216' s Days Payable Range Over the Past 10 Years
Min: 65.79   Med: 208.69   Max: 464.77
Current: 90.04

During the past 13 years, Chinney Investments's highest Days Payable was 464.77. The lowest was 65.79. And the median was 208.69.

HKSE:00216's Days Payable is ranked worse than
53.12% of 1589 companies
in the Real Estate industry
Industry Median: 99.23 vs HKSE:00216: 90.04

Chinney Investments's Days Payable declined from Mar. 2023 (141.46) to Mar. 2024 (94.94). It may suggest that Chinney Investments accelerated paying its suppliers.


Chinney Investments Days Payable Historical Data

The historical data trend for Chinney Investments'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.

Chinney Investments Days Payable Chart

Chinney Investments Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 464.77 163.30 200.50 141.11 65.79

Chinney Investments Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
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 206.04 137.12 141.46 107.85 94.94

Competitive Comparison of Chinney Investments's Days Payable

For the Real Estate - Development subindustry, Chinney Investments'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.


Chinney Investments's Days Payable Distribution in the Real Estate Industry

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

* The bar in red indicates where Chinney Investments's Days Payable falls into.



Chinney Investments 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.

Chinney Investments's Days Payable for the fiscal year that ended in Mar. 2024 is calculated as

Days Payable (A: Mar. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2023 ) + Accounts Payable (A: Mar. 2024 )) / count ) / Cost of Goods Sold (A: Mar. 2024 )*Days in Period
=( (142.975 + 39.701) / 2 ) / 506.772*365
=91.338 / 506.772*365
=65.79

Chinney Investments's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

Days Payable (Q: Mar. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2023 ) + Accounts Payable (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (192.366 + 39.701) / 2 ) / 223.052*365 / 2
=116.0335 / 223.052*365 / 2
=94.94

* 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.


Chinney Investments Days Payable Related Terms

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Chinney Investments Business Description

Traded in Other Exchanges
N/A
Address
111 Connaught Road Central, 23rd Floor, Wing On Centre, Hong Kong, HKG
Chinney Investments Ltd is a Hong Kong-based investment holding company. The company's operating segment include Property development; Property investment and Property, carpark management and others. Property development segment develops properties for sale. The Property Investment segment holds investment properties for development and generates rental income. It generates maximum revenue from the Property development segment. Geographically, it derives a majority of revenue from Mainland China and also has a presence in Hong Kong.
Executives
Chinney Holdings Limited 2101 Beneficial owner
Lucky Year Finance Limited 2201 Interest of corporation controlled by you
Wong Sai Wing, James 2201 Interest of corporation controlled by you

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