Pioneer Global Group (HKSE:00224) Days Payable : 33.84 (As of Sep. 2023)

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What is Pioneer Global Group Days Payable?

Pioneer Global Group's average Accounts Payable for the six months ended in Sep. 2023 was HK$5.2 Mil. Pioneer Global Group's Cost of Goods Sold for the six months ended in Sep. 2023 was HK$27.8 Mil. Hence, Pioneer Global Group's Days Payable for the six months ended in Sep. 2023 was 33.84.

The historical rank and industry rank for Pioneer Global Group's Days Payable or its related term are showing as below:

HKSE:00224' s Days Payable Range Over the Past 10 Years
Min: 46.65 Med: 125.01 Max: 356.89
Current: 53

During the past 13 years, Pioneer Global Group's highest Days Payable was 356.89. The lowest was 46.65. And the median was 125.01.

HKSE:00224's Days Payable is ranked worse than
68.58% of 1572 companies
in the Real Estate industry
Industry Median: 100.22 vs HKSE:00224: 53.00

Pioneer Global Group's Days Payable declined from Sep. 2022 (83.95) to Sep. 2023 (33.84). It may suggest that Pioneer Global Group accelerated paying its suppliers.

Pioneer Global Group Days Payable Historical Data

The historical data trend for Pioneer Global Group'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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Pioneer Global Group Days Payable Chart

Pioneer Global Group Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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48.73

64.77

78.34

64.22

46.65

Pioneer Global Group Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Payable	Get a 7-Day Free Trial															59.97	61.90	83.95	62.06	33.84

Competitive Comparison of Pioneer Global Group's Days Payable

For the Real Estate Services subindustry, Pioneer Global Group'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.

Pioneer Global Group's Days Payable Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Pioneer Global Group's Days Payable distribution charts can be found below:

* The bar in red indicates where Pioneer Global Group's Days Payable falls into.

Pioneer Global Group 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.

Pioneer Global Group's Days Payable for the fiscal year that ended in Mar. 2023 is calculated as

	Days Payable (A: Mar. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2022 )	+	Accounts Payable (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (8.718	+	5.591)	/	2 )	/	55.981	*	365
=	7.1545					/	55.981	*	365
=	46.65

Pioneer Global Group's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

	Days Payable (Q: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (5.591	+	4.717)	/	2 )	/	27.792	*	365 / 2
=	5.154					/	27.792	*	365 / 2
=	33.84

Pioneer Global Group Days Payable Related Terms

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Pioneer Global Group (HKSE:00224) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Pioneer Global Group Ltd (HKSE:00224) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

68 Yee Wo Street, 18th Floor, Causeway Bay, Hong Kong, HKG

Website

http://www.pioneerglobalgroup.com

Pioneer Global Group Ltd is an investment holding company. The company's operating segment includes Properties and hotels, and Investments and others. The company generates maximum revenue from the Properties and hotels segment which involves investment in properties and hotels that earn rental and returns in hotel operation. The company earns revenue from the rental, dividend, and interest income. Geographically, the company derives a majority of its revenue from Hong Kong and also has an international presence.

Executives

Gaw Kenneth	2305 Beneficiary of a trust
Gaw Wang Rossana	2201 Interest of corporation controlled by you
Forward Investments Inc.	2101 Beneficial owner
Asset-plus Investments Ltd.	2101 Beneficial owner
Intercontinental Enterprises Corp.	2101 Beneficial owner

Pioneer Global Group (HKSE:00224) Headlines

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