Zhong Ao Home Group (HKSE:01538) Days Payable : 22.49 (As of Dec. 2023)

View and export this data going back to 2015. Start your Free Trial

What is Zhong Ao Home Group Days Payable?

Zhong Ao Home Group's average Accounts Payable for the six months ended in Dec. 2023 was HK$93 Mil. Zhong Ao Home Group's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$753 Mil. Hence, Zhong Ao Home Group's Days Payable for the six months ended in Dec. 2023 was 22.49.

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

HKSE:01538' s Days Payable Range Over the Past 10 Years
Min: 21.08 Med: 28.32 Max: 226.43
Current: 24.4

During the past 10 years, Zhong Ao Home Group's highest Days Payable was 226.43. The lowest was 21.08. And the median was 28.32.

HKSE:01538's Days Payable is ranked worse than
84.97% of 1577 companies
in the Real Estate industry
Industry Median: 99.76 vs HKSE:01538: 24.40

Zhong Ao Home Group's Days Payable declined from Dec. 2022 (24.35) to Dec. 2023 (22.49). It may suggest that Zhong Ao Home Group accelerated paying its suppliers.

Zhong Ao Home Group Days Payable Historical Data

The historical data trend for Zhong Ao Home 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.

* Premium members only.

Zhong Ao Home Group Days Payable Chart

Zhong Ao Home Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

30.35

27.97

21.08

28.02

28.61

Zhong Ao Home Group Semi-Annual Data
	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														24.13	27.34	24.35	22.08	22.49

Competitive Comparison of Zhong Ao Home Group's Days Payable

For the Real Estate Services subindustry, Zhong Ao Home 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.

Zhong Ao Home Group's Days Payable Distribution in the Real Estate Industry

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

* The bar in red indicates where Zhong Ao Home Group's Days Payable falls into.

Zhong Ao Home 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.

Zhong Ao Home Group'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
=	( (112.545	+	120.499)	/	2 )	/	1486.537	*	365
=	116.522					/	1486.537	*	365
=	28.61

Zhong Ao Home Group'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
=	( (65.034	+	120.499)	/	2 )	/	752.769	*	365 / 2
=	92.7665					/	752.769	*	365 / 2
=	22.49

Zhong Ao Home Group Days Payable Related Terms

Thank you for viewing the detailed overview of Zhong Ao Home Group's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Zhong Ao Home Group (HKSE:01538) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Zhong Ao Home Group Ltd (HKSE:01538) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

2 Baichen Lu, Chihua She Qu, 1601 Block 1, Pacific Dingwang Commercial Center, Chencun Town, Shunde District, Foshan, CHN

Website

http://www.gdzawy.com

Zhong Ao Home Group Ltd is an investment holding company mainly engaged in the provision of property management services, sales assistance services, provision of cleaning and greening services, and provision of real estate agency services in the People's Republic of China. All of the activities are carried out across China which represents Southern Region, Eastern and Central Region, and the Northern Region. It generates a vast majority of its revenues from the property management business.

Executives

Liu Jian	2307 Founder of a discretionary trust who can infl
Hilton Assets (ptc) Limited	2301 Trustee
Qichang International Limited	2101 Beneficial owner
Greentown Service Group Co. Ltd.	2101 Beneficial owner

Zhong Ao Home Group (HKSE:01538) Headlines

No Headlines