ESR Group (HKSE:01821) Days Payable : 44.93 (As of Dec. 2023)

View and export this data going back to 2019. Start your Free Trial

What is ESR Group Days Payable?

ESR Group's average Accounts Payable for the six months ended in Dec. 2023 was HK$91 Mil. ESR Group's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$368 Mil. Hence, ESR Group's Days Payable for the six months ended in Dec. 2023 was 44.93.

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

HKSE:01821' s Days Payable Range Over the Past 10 Years
Min: 29.45 Med: 42.02 Max: 122.95
Current: 81.07

During the past 8 years, ESR Group's highest Days Payable was 122.95. The lowest was 29.45. And the median was 42.02.

HKSE:01821's Days Payable is ranked worse than
54.65% of 1570 companies
in the Real Estate industry
Industry Median: 96.765 vs HKSE:01821: 81.07

ESR Group's Days Payable declined from Dec. 2022 (132.61) to Dec. 2023 (44.93). It may suggest that ESR Group accelerated paying its suppliers.

ESR Group Days Payable Historical Data

The historical data trend for ESR 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.

ESR Group Days Payable Chart

ESR Group Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

40.59

33.02

29.45

122.95

92.63

ESR Group Semi-Annual Data
	Dec16	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial								29.49	148.50	132.61	187.84	44.93

Competitive Comparison of ESR Group's Days Payable

For the Real Estate Services subindustry, ESR 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.

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

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

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

ESR 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.

ESR 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
=	( (130.187	+	106.846)	/	2 )	/	466.995	*	365
=	118.5165					/	466.995	*	365
=	92.63

ESR 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
=	( (74.335	+	106.846)	/	2 )	/	367.935	*	365 / 2
=	90.5905					/	367.935	*	365 / 2
=	44.93

ESR Group Days Payable Related Terms

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

ESR Group (HKSE:01821) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » ESR Group Ltd (HKSE:01821) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

ESRCF:USA

Address

Two Exchange Square, Suites 2905-06, 8 Connaught Place, Central, Hong Kong, HKG

Website

https://www.esr.com

ESR Group, or ESR, is one of the largest real asset managers in the Asia-Pacific, with USD 145 billion in total assets under management as of Dec. 31, 2022. Most of its earnings are derived from fund management, where it manages underlying assets in investment vehicles such as a fund or REIT for fee income and a share of profits. It also develops and holds investment properties on its balance sheet for rental income and capital appreciation and will divest them into its managed funds and REITs over time to unlock and recycle the capital into other investment opportunities. In addition, to align its interest with its capital partners, ESR coinvests in the funds and REITs that it manages where it generates dividend income, pro rata earnings and value appreciation.

ESR Group (HKSE:01821) Headlines

No Headlines