New Silkroad Culturaltainment (HKSE:00472) Days Payable : 76.28 (As of Dec. 2023)

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What is New Silkroad Culturaltainment Days Payable?

New Silkroad Culturaltainment's average Accounts Payable for the six months ended in Dec. 2023 was HK$109.9 Mil. New Silkroad Culturaltainment's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$263.0 Mil. Hence, New Silkroad Culturaltainment's Days Payable for the six months ended in Dec. 2023 was 76.28.

The historical rank and industry rank for New Silkroad Culturaltainment's Days Payable or its related term are showing as below:

HKSE:00472' s Days Payable Range Over the Past 10 Years
Min: 10.32 Med: 109.98 Max: 211.64
Current: 84.46

During the past 13 years, New Silkroad Culturaltainment's highest Days Payable was 211.64. The lowest was 10.32. And the median was 109.98.

HKSE:00472's Days Payable is ranked worse than
53.56% of 1574 companies
in the Real Estate industry
Industry Median: 97.055 vs HKSE:00472: 84.46

New Silkroad Culturaltainment's Days Payable increased from Dec. 2022 (61.47) to Dec. 2023 (76.28). It may suggest that New Silkroad Culturaltainment delayed paying its suppliers.

New Silkroad Culturaltainment Days Payable Historical Data

The historical data trend for New Silkroad Culturaltainment'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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New Silkroad Culturaltainment Days Payable Chart

New Silkroad Culturaltainment Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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155.29

211.64

10.32

58.00

79.45

New Silkroad Culturaltainment 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															4.37	41.48	61.47	115.83	76.28

Competitive Comparison of New Silkroad Culturaltainment's Days Payable

For the Real Estate - Diversified subindustry, New Silkroad Culturaltainment'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.

New Silkroad Culturaltainment's Days Payable Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, New Silkroad Culturaltainment's Days Payable distribution charts can be found below:

* The bar in red indicates where New Silkroad Culturaltainment's Days Payable falls into.

New Silkroad Culturaltainment 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.

New Silkroad Culturaltainment'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
=	( (30.241	+	126.616)	/	2 )	/	360.321	*	365
=	78.4285					/	360.321	*	365
=	79.45

New Silkroad Culturaltainment'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
=	( (93.269	+	126.616)	/	2 )	/	263.021	*	365 / 2
=	109.9425					/	263.021	*	365 / 2
=	76.28

New Silkroad Culturaltainment Days Payable Related Terms

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New Silkroad Culturaltainment (HKSE:00472) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » New Silkroad Culturaltainment Ltd (HKSE:00472) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

262 Gloucester Road, 15th Floor, COFCO Tower, Causeway Bay, Hong Kong, HKG

Website

http://www.newsilkroad472.com

New Silkroad Culturaltainment Ltd is an investment holding company. The company has three reportable segments, namely development and operation of real estate, integrated resort and cultural tourism, production and distribution of wine, and entertainment business. It generates maximum revenue from the real estate, integrated resort, and cultural tourism segments. Geographically, it derives a majority of its revenue from Australia.

New Silkroad Culturaltainment (HKSE:00472) Headlines

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