Yuexiu Real Estate Investment Trust (HKSE:00405) Days Payable : 13.65 (As of Dec. 2023)

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What is Yuexiu Real Estate Investment Trust Days Payable?

Yuexiu Real Estate Investment Trust's average Accounts Payable for the six months ended in Dec. 2023 was HK$19 Mil. Yuexiu Real Estate Investment Trust's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$249 Mil. Hence, Yuexiu Real Estate Investment Trust's Days Payable for the six months ended in Dec. 2023 was 13.65.

The historical rank and industry rank for Yuexiu Real Estate Investment Trust's Days Payable or its related term are showing as below:

HKSE:00405' s Days Payable Range Over the Past 10 Years
Min: 14.65 Med: 16.94 Max: 29.2
Current: 17.38

During the past 13 years, Yuexiu Real Estate Investment Trust's highest Days Payable was 29.20. The lowest was 14.65. And the median was 16.94.

HKSE:00405's Days Payable is ranked worse than
92.54% of 523 companies
in the REITs industry
Industry Median: 129.64 vs HKSE:00405: 17.38

Yuexiu Real Estate Investment Trust's Days Payable declined from Dec. 2022 (23.39) to Dec. 2023 (13.65). It may suggest that Yuexiu Real Estate Investment Trust accelerated paying its suppliers.

Yuexiu Real Estate Investment Trust Days Payable Historical Data

The historical data trend for Yuexiu Real Estate Investment Trust'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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Yuexiu Real Estate Investment Trust Days Payable Chart

Yuexiu Real Estate Investment Trust Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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15.80

22.34

26.89

29.20

17.43

Yuexiu Real Estate Investment Trust 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															26.61	27.27	23.39	21.78	13.65

Competitive Comparison of Yuexiu Real Estate Investment Trust's Days Payable

For the REIT - Office subindustry, Yuexiu Real Estate Investment Trust'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.

Yuexiu Real Estate Investment Trust's Days Payable Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Yuexiu Real Estate Investment Trust's Days Payable distribution charts can be found below:

* The bar in red indicates where Yuexiu Real Estate Investment Trust's Days Payable falls into.

Yuexiu Real Estate Investment Trust 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.

Yuexiu Real Estate Investment Trust'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
=	( (28.13	+	15.601)	/	2 )	/	457.984	*	365
=	21.8655					/	457.984	*	365
=	17.43

Yuexiu Real Estate Investment Trust'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
=	( (21.679	+	15.601)	/	2 )	/	249.263	*	365 / 2
=	18.64					/	249.263	*	365 / 2
=	13.65

Yuexiu Real Estate Investment Trust Days Payable Related Terms

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Yuexiu Real Estate Investment Trust (HKSE:00405) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Yuexiu Real Estate Investment Trust (HKSE:00405) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

D3N:Germany

Address

160 Lockhart Road, Flat B, 17th Floor, Yue Xiu Building, Wanchai, HKG

Website

https://www.yuexiureit.com

Yuexiu Real Estate Investment Trust invests in office, retail, and other commercial properties in the People's Republic of China. The company's portfolio consists of properties located in the central business district of Guangzhou and Shanghai. The types of properties include clothing markets, office buildings, retail centers, hotels, and serviced apartments. The company operates in three main segments: Hotel & Serviced apartments, Office rental, and Wholesale & shopping malls. Hotel and serviced apartments offer room rentals and food and beverages. Office rental and wholesale and shopping malls include the revenue from leasing these properties. All of its revenue comes from China.

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