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BBMG (HKSE:02009) Days Payable : 55.84 (As of Jun. 2024)


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What is BBMG Days Payable?

BBMG's average Accounts Payable for the three months ended in Jun. 2024 was HK$18,877 Mil. BBMG's Cost of Goods Sold for the three months ended in Jun. 2024 was HK$30,849 Mil. Hence, BBMG's Days Payable for the three months ended in Jun. 2024 was 55.84.

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

HKSE:02009' s Days Payable Range Over the Past 10 Years
Min: 65.87   Med: 105.03   Max: 121.67
Current: 76.72

During the past 13 years, BBMG's highest Days Payable was 121.67. The lowest was 65.87. And the median was 105.03.

HKSE:02009's Days Payable is ranked better than
56.23% of 377 companies
in the Building Materials industry
Industry Median: 67.71 vs HKSE:02009: 76.72

BBMG's Days Payable declined from Jun. 2023 (90.01) to Jun. 2024 (55.84). It may suggest that BBMG accelerated paying its suppliers.


BBMG Days Payable Historical Data

The historical data trend for BBMG'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.

BBMG Days Payable Chart

BBMG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 100.76 72.71 65.87 85.31 72.62

BBMG Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 96.77 57.21 127.43 55.84 60.72

Competitive Comparison of BBMG's Days Payable

For the Building Materials subindustry, BBMG'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.


BBMG's Days Payable Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, BBMG's Days Payable distribution charts can be found below:

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



BBMG 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.

BBMG'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
=( (21369.543 + 20401.386) / 2 ) / 104971.932*365
=20885.4645 / 104971.932*365
=72.62

BBMG's Days Payable for the quarter that ended in Jun. 2024 is calculated as:

Days Payable (Q: Jun. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2024 ) + Accounts Payable (Q: Jun. 2024 )) / count ) / Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=( (16997.812 + 20755.839) / 2 ) / 30849.246*365 / 4
=18876.8255 / 30849.246*365 / 4
=55.84

* 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.


BBMG Days Payable Related Terms

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BBMG Business Description

Traded in Other Exchanges
Address
No. 36, North Third Ring Road East, 22nd Floor, Tower D, Global Trade Center, Dongcheng District, Beijing, CHN, 100013
BBMG Corp is a manufacturer of building materials. The company's principal businesses cover two major business segments, namely modern green building materials segment and property development and operation segment, and its main products involve various offerings, including cement, ready-mixed concrete, furniture and woods, decorative and fitting materials, wall body and insulation materials, refractory materials, affordable housing, commodity housing and investment properties, with diversified customer composition.
Executives
Ouyang Jieliang

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