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China Lesso Group Holdings (HKSE:02128) Days Payable : 162.38 (As of Dec. 2024)


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What is China Lesso Group Holdings Days Payable?

China Lesso Group Holdings's average Accounts Payable for the six months ended in Dec. 2024 was HK$9,402 Mil. China Lesso Group Holdings's Cost of Goods Sold for the six months ended in Dec. 2024 was HK$10,567 Mil. Hence, China Lesso Group Holdings's Days Payable for the six months ended in Dec. 2024 was 162.38.

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

HKSE:02128' s Days Payable Range Over the Past 10 Years
Min: 30.65   Med: 88.5   Max: 160.79
Current: 160.79

During the past 13 years, China Lesso Group Holdings's highest Days Payable was 160.79. The lowest was 30.65. And the median was 88.50.

HKSE:02128's Days Payable is ranked better than
77.46% of 1668 companies
in the Construction industry
Industry Median: 77.24 vs HKSE:02128: 160.79

China Lesso Group Holdings's Days Payable increased from Dec. 2023 (135.21) to Dec. 2024 (162.38). It may suggest that China Lesso Group Holdings delayed paying its suppliers.


China Lesso Group Holdings Days Payable Historical Data

The historical data trend for China Lesso Group 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.

China Lesso Group Holdings Days Payable Chart

China Lesso Group Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 103.35 100.82 132.14 132.97 159.62

China Lesso Group Holdings Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 129.56 142.08 135.21 161.03 162.38

Competitive Comparison of China Lesso Group Holdings's Days Payable

For the Building Products & Equipment subindustry, China Lesso Group 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.


China Lesso Group Holdings's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, China Lesso Group Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where China Lesso Group Holdings's Days Payable falls into.


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China Lesso Group 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.

China Lesso Group Holdings's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

Days Payable (A: Dec. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2023 ) + Accounts Payable (A: Dec. 2024 )) / count ) / Cost of Goods Sold (A: Dec. 2024 )*Days in Period
=( (9154.038 + 9272.846) / 2 ) / 21068.577*365
=9213.442 / 21068.577*365
=159.62

China Lesso Group Holdings's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

Days Payable (Q: Dec. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2024 ) + Accounts Payable (Q: Dec. 2024 )) / count ) / Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=( (9531.842 + 9272.846) / 2 ) / 10567.236*365 / 2
=9402.344 / 10567.236*365 / 2
=162.38

* 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.


China Lesso Group Holdings Days Payable Related Terms

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China Lesso Group Holdings Business Description

Traded in Other Exchanges
N/A
Address
Liansu Industrial Estate, Longjiang Town, Shunde District, Foshan, CHN, 528318
China Lesso Group Holdings Ltd is engaged in the manufacturing and selling of piping and building materials in Mainland China. The company provides high-quality products and services such as plastic piping, building materials, and home improvement, new energy, environmental protection, and operates a supply chain service platform. It has three segments Southern China, including Guangdong Province, Guangxi Zhuang Autonomous Region, Hunan Province, Fujian Province, and Hainan Province; Other than Southern China, including regions in China other than Southern China; and Outside China.
Executives
Ubs Trustees (b.v.i.) Limited 2301 Trustee
New Fortune Star Limited 2101 Beneficial owner
Wong Luen Hei 2307 Founder of a discretionary trust who can infl
Zuo Xiaoping 2305 Beneficiary of a trust
Xi Xi Development Limited 2201 Interest of corporation controlled by you

China Lesso Group Holdings Headlines

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