Jiande International Holdings (HKSE:00865) Days Payable : 8.11 (As of Dec. 2023)

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What is Jiande International Holdings Days Payable?

Jiande International Holdings's average Accounts Payable for the six months ended in Dec. 2023 was HK$11.1 Mil. Jiande International Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$250.3 Mil. Hence, Jiande International Holdings's Days Payable for the six months ended in Dec. 2023 was 8.11.

The historical rank and industry rank for Jiande International Holdings's Days Payable or its related term are showing as below:

HKSE:00865' s Days Payable Range Over the Past 10 Years
Min: 16.9 Med: 33.07 Max: 328.56
Current: 16.9

During the past 13 years, Jiande International Holdings's highest Days Payable was 328.56. The lowest was 16.90. And the median was 33.07.

HKSE:00865's Days Payable is ranked worse than
89.11% of 1580 companies
in the Real Estate industry
Industry Median: 98.245 vs HKSE:00865: 16.90

Jiande International Holdings's Days Payable declined from Dec. 2022 (353.81) to Dec. 2023 (8.11). It may suggest that Jiande International Holdings accelerated paying its suppliers.

Jiande International Holdings Days Payable Historical Data

The historical data trend for Jiande International Holdings'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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Jiande International Holdings Days Payable Chart

Jiande International Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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34.70

68.17

328.56

21.07

17.55

Jiande International Holdings 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															36.84	61.69	353.81	171.69	8.11

Competitive Comparison of Jiande International Holdings's Days Payable

For the Real Estate - Development subindustry, Jiande International Holdings'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.

Jiande International Holdings's Days Payable Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Jiande International Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Jiande International Holdings's Days Payable falls into.

Jiande International Holdings 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.

Jiande International Holdings'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
=	( (14.42	+	10.963)	/	2 )	/	263.907	*	365
=	12.6915					/	263.907	*	365
=	17.55

Jiande International Holdings'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
=	( (11.271	+	10.963)	/	2 )	/	250.252	*	365 / 2
=	11.117					/	250.252	*	365 / 2
=	8.11

Jiande International Holdings Days Payable Related Terms

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Jiande International Holdings (HKSE:00865) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Jiande International Holdings Ltd (HKSE:00865) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

20 Westlands Road, Room 401–402, 4th Floor, Westlands Centre, Quarry Bay, Hong Kong, HKG

Website

http://www.jiande-intl.com

Jiande International Holdings Ltd is an investment company engaged in the development and sale of properties. It generates revenue from the sale of residential units so developed. The Group is engaged in the property development and revenue represents the net amounts received and receivable for properties sold by the Group in the normal course of business to customers. Geographically, it derives the majority of its revenue from the PRC.

Executives

Talent Connect Investments Limited	2101 Beneficial owner
Fame Build Holdings Limited	2101 Beneficial owner
Tsoi Kin Sze	2201 Interest of corporation controlled by you
Shie Tak Chung	2201 Interest of corporation controlled by you

Jiande International Holdings (HKSE:00865) Headlines

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