Kingwell Group (HKSE:01195) Days Payable : 54.20 (As of Jun. 2023)

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What is Kingwell Group Days Payable?

Kingwell Group's average Accounts Payable for the six months ended in Jun. 2023 was HK$6.75 Mil. Kingwell Group's Cost of Goods Sold for the six months ended in Jun. 2023 was HK$22.74 Mil. Hence, Kingwell Group's Days Payable for the six months ended in Jun. 2023 was 54.20.

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

HKSE:01195' s Days Payable Range Over the Past 10 Years
Min: 31.86 Med: 180.12 Max: 1526.73
Current: 63.77

During the past 13 years, Kingwell Group's highest Days Payable was 1526.73. The lowest was 31.86. And the median was 180.12.

HKSE:01195's Days Payable is ranked worse than
63.02% of 1582 companies
in the Real Estate industry
Industry Median: 99.725 vs HKSE:01195: 63.77

Kingwell Group's Days Payable declined from Jun. 2022 (131.29) to Jun. 2023 (54.20). It may suggest that Kingwell Group accelerated paying its suppliers.

Kingwell Group Days Payable Historical Data

The historical data trend for Kingwell 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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Kingwell Group Days Payable Chart

Kingwell Group Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Payable

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174.58

185.65

102.34

189.99

66.24

Kingwell Group 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															309.07	131.29	58.38	54.20	35.18

Competitive Comparison of Kingwell Group's Days Payable

For the Real Estate - Diversified subindustry, Kingwell 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.

Kingwell Group's Days Payable Distribution in the Real Estate Industry

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

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

Kingwell 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.

Kingwell Group's Days Payable for the fiscal year that ended in Jun. 2023 is calculated as

	Days Payable (A: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2022 )	+	Accounts Payable (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (14.608	+	5.956)	/	2 )	/	56.657	*	365
=	10.282					/	56.657	*	365
=	66.24

Kingwell Group's Days Payable for the quarter that ended in Jun. 2023 is calculated as:

	Days Payable (Q: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2022 )	+	Accounts Payable (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (7.548	+	5.956)	/	2 )	/	22.737	*	365 / 2
=	6.752					/	22.737	*	365 / 2
=	54.20

Kingwell Group Days Payable Related Terms

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Kingwell Group (HKSE:01195) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Kingwell Group Ltd (HKSE:01195) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

62 Mody Road, Units 314-315, Wing On Plaza, Tsim Sha Tsui East, Kowloon, Hong Kong, HKG

Website

https://kingwell.todayir.com

Kingwell Group Ltd is engaged in the property development business. It operates under two main segments. The gold mining segment engages in the production and sale of gold; and the property development, property leasing, and property management services segment engages in the development of villas, apartments, and commercial buildings, property leasing of self-owned properties, the sale of carpark spaces and the provision of property management services and construction services. The company derives majority of its revenue from the property development, property leasing, and property management services segment.

Executives

Union Day Group Limited	2201 Interest of corporation controlled by you
Du Yun	2201 Interest of corporation controlled by you
Mu Dongsheng	2101 Beneficial owner
Yin Jiatang	2101 Beneficial owner

Kingwell Group (HKSE:01195) Headlines

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