Weiye Holdings (HKSE:01570) Days Payable : 477.12 (As of Dec. 2023)

View and export this data going back to 2016. Start your Free Trial

What is Weiye Holdings Days Payable?

Weiye Holdings's average Accounts Payable for the six months ended in Dec. 2023 was HK$551 Mil. Weiye Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$211 Mil. Hence, Weiye Holdings's Days Payable for the six months ended in Dec. 2023 was 477.12.

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

HKSE:01570' s Days Payable Range Over the Past 10 Years
Min: 84.12 Med: 240.69 Max: 553.58
Current: 114.07

During the past 13 years, Weiye Holdings's highest Days Payable was 553.58. The lowest was 84.12. And the median was 240.69.

HKSE:01570's Days Payable is not ranked
in the Real Estate industry.
Industry Median: 100.725 vs HKSE:01570: 114.07

Weiye Holdings's Days Payable declined from Dec. 2022 (593.55) to Dec. 2023 (477.12). It may suggest that Weiye Holdings accelerated paying its suppliers.

Weiye Holdings Days Payable Historical Data

The historical data trend for Weiye 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.

Weiye Holdings Days Payable Chart

Weiye Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

331.12

118.41

327.13

179.31

84.12

Weiye 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															588.56	185.91	593.55	77.43	477.12

Competitive Comparison of Weiye Holdings's Days Payable

For the Real Estate - Development subindustry, Weiye 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.

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

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

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

Weiye 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.

Weiye 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
=	( (427.726	+	324.072)	/	2 )	/	1631.072	*	365
=	375.899					/	1631.072	*	365
=	84.12

Weiye 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
=	( (777.494	+	324.072)	/	2 )	/	210.675	*	365 / 2
=	550.783					/	210.675	*	365 / 2
=	477.12

Weiye Holdings Days Payable Related Terms

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

Weiye Holdings (HKSE:01570) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Weiye Holdings Ltd (HKSE:01570) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

Zhengkai Avenue, 19th Floor, Building A, Intersection of Yanqqiao Road, Henan Province, Zhengzhou, CHN

Website

http://www.weiyeholdings.com

Weiye Holdings Ltd is an investment holding company. The company operates in two segments: Property development and Equipment manufacturing. The majority of its revenue comes from the Property development segment, which includes the development and sales of both commercial and residential property units, construction of resettlement houses in the PRC, and the leasing of investment properties to generate rental income and derive capital gains from the investment properties in the long term. The company's geographical segments are China, Singapore, and Others, of which nearly all of its revenue comes from China.

Executives

Ca Indosuez (switzerland) Sa, Singapore Branch	2302 Custodian
Fine Skill Holdings Limited	2101 Beneficial owner
Zhang Wei	2101 Beneficial owner
Chen Zhi Yong

Weiye Holdings (HKSE:01570) Headlines

No Headlines