Powerlong Real Estate Holdings (HKSE:01238) Days Payable : 232.23 (As of Dec. 2023)

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What is Powerlong Real Estate Holdings Days Payable?

Powerlong Real Estate Holdings's average Accounts Payable for the six months ended in Dec. 2023 was HK$16,283 Mil. Powerlong Real Estate Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$12,796 Mil. Hence, Powerlong Real Estate Holdings's Days Payable for the six months ended in Dec. 2023 was 232.23.

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

HKSE:01238' s Days Payable Range Over the Past 10 Years
Min: 155.71 Med: 230.6 Max: 307.1
Current: 227.03

During the past 13 years, Powerlong Real Estate Holdings's highest Days Payable was 307.10. The lowest was 155.71. And the median was 230.60.

HKSE:01238's Days Payable is ranked better than
73.3% of 1588 companies
in the Real Estate industry
Industry Median: 98.87 vs HKSE:01238: 227.03

Powerlong Real Estate Holdings's Days Payable declined from Dec. 2022 (303.96) to Dec. 2023 (232.23). It may suggest that Powerlong Real Estate Holdings accelerated paying its suppliers.

Powerlong Real Estate Holdings Days Payable Historical Data

The historical data trend for Powerlong Real Estate 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.

* Premium members only.

Powerlong Real Estate Holdings Days Payable Chart

Powerlong Real Estate Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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268.30

216.49

208.49

307.10

282.06

Powerlong Real Estate Holdings Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Days Payable	Get a 7-Day Free Trial															264.20	303.96	337.42	232.23	197.32

Competitive Comparison of Powerlong Real Estate Holdings's Days Payable

For the Real Estate - Development subindustry, Powerlong Real Estate 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.

Powerlong Real Estate Holdings's Days Payable Distribution in the Real Estate Industry

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

* The bar in red indicates where Powerlong Real Estate Holdings's Days Payable falls into.

Powerlong Real Estate 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.

Powerlong Real Estate 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
=	( (18700.49	+	15869.894)	/	2 )	/	22368.306	*	365
=	17285.192					/	22368.306	*	365
=	282.06

Powerlong Real Estate 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
=	( (16695.581	+	15869.894)	/	2 )	/	12795.903	*	365 / 2
=	16282.7375					/	12795.903	*	365 / 2
=	232.23

Powerlong Real Estate Holdings Days Payable Related Terms

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Powerlong Real Estate Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Powerlong Real Estate Holdings Ltd (HKSE:01238) » Definitions » Days Payable

Traded in Other Exchanges

PW5:Germany

Address

1399 Xinzhen Road, Powerlong Tower, Baolong Building, Minhang District, Shanghai, CHN, 201101

Website

https://www.powerlong.com

Powerlong Real Estate Holdings Ltd specializes in commercial realty projects. The company operates in four business segments. (i) property development; (ii) property investment; (iii) commercial operation and residential property management; and (iv) other property development related businesses. Majority of the company's revenue is earned in China.

Executives

Sky Infinity Family Limited	2201 Interest of corporation controlled by you
Tmf (cayman) Ltd.	2301 Trustee
Wason Holdings Limited	2101 Beneficial owner
Hoi Wa Fan	2201 Interest of corporation controlled by you
Walong Holdings Limited	2101 Beneficial owner
Hoi Kin Hong
Hoi Wa Fong
Shih Sze Ni Cecilia
Credit Suisse Trust Limited	2101 Beneficial owner
Sky Infinity Holdings Limited	2101 Beneficial owner
Skylong Holdings Limited	2101 Beneficial owner

Powerlong Real Estate Holdings Headlines

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