Changsha Broad Homes Industrial Group Co (HKSE:02163) Days Payable : 361.03 (As of Jun. 2024)

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What is Changsha Broad Homes Industrial Group Co Days Payable?

Changsha Broad Homes Industrial Group Co's average Accounts Payable for the six months ended in Jun. 2024 was HK$1,434 Mil. Changsha Broad Homes Industrial Group Co's Cost of Goods Sold for the six months ended in Jun. 2024 was HK$725 Mil. Hence, Changsha Broad Homes Industrial Group Co's Days Payable for the six months ended in Jun. 2024 was 361.03.

The historical rank and industry rank for Changsha Broad Homes Industrial Group Co's Days Payable or its related term are showing as below:

HKSE:02163' s Days Payable Range Over the Past 10 Years
Min: 296.58 Med: 406.39 Max: 508.03
Current: 320.28

During the past 8 years, Changsha Broad Homes Industrial Group Co's highest Days Payable was 508.03. The lowest was 296.58. And the median was 406.39.

HKSE:02163's Days Payable is ranked better than
89.57% of 1668 companies
in the Construction industry
Industry Median: 77.24 vs HKSE:02163: 320.28

Changsha Broad Homes Industrial Group Co's Days Payable declined from Jun. 2023 (443.14) to Jun. 2024 (361.03). It may suggest that Changsha Broad Homes Industrial Group Co accelerated paying its suppliers.

Changsha Broad Homes Industrial Group Co Days Payable Historical Data

The historical data trend for Changsha Broad Homes Industrial Group Co'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.

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Changsha Broad Homes Industrial Group Co Days Payable Chart

Changsha Broad Homes Industrial Group Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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356.22

406.60

296.58

417.83

362.94

Changsha Broad Homes Industrial Group Co Semi-Annual Data
	Dec16	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Days Payable	Get a 7-Day Free Trial									484.94	327.44	443.14	288.03	361.03

Competitive Comparison of Changsha Broad Homes Industrial Group Co's Days Payable

For the Engineering & Construction subindustry, Changsha Broad Homes Industrial Group Co'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.

Changsha Broad Homes Industrial Group Co's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, Changsha Broad Homes Industrial Group Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Changsha Broad Homes Industrial Group Co's Days Payable falls into.

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Changsha Broad Homes Industrial Group Co 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.

Changsha Broad Homes Industrial Group Co'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
=	( (2125.245	+	1497.131)	/	2 )	/	1821.456	*	365
=	1811.188					/	1821.456	*	365
=	362.94

Changsha Broad Homes Industrial Group Co'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: Dec. 2023 )	+	Accounts Payable (Q: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
=	( (1497.131	+	1370.81)	/	2 )	/	724.875	*	365 / 2
=	1433.9705					/	724.875	*	365 / 2
=	361.03

Changsha Broad Homes Industrial Group Co Days Payable Related Terms

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Changsha Broad Homes Industrial Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Changsha Broad Homes Industrial Group Co Ltd (HKSE:02163) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 248, Yinshuang Road, Yuelu District, Hunan Province, Changsha, CHN

Website

http://www.bhome.com.cn

Changsha Broad Homes Industrial Group Co Ltd is involved in the construction industry in China. The business activities of the group are conducted through four segments namely PC unit manufacturing business, Modular Integrated Products Manufacturing, Digital EPC, and PC equipment manufacturing business. PC Unit Manufacturing segment derives revenue from the design, manufacturing, and sale of PC units. Geographically, it generates revenue from China.

Executives

Zhang Jian	2202 Interest of your spouse
Li Richard	2201 Interest of corporation controlled by you
Olp Capital Management Limited	2102 Investment manager
Rcwl Inc.	2201 Interest of corporation controlled by you
Shen Di Fan	2201 Interest of corporation controlled by you
Ubs Group Ag	2201 Interest of corporation controlled by you
Franchise Fund Lp	2101 Beneficial owner
Hu Nan Xiang Jiang Xin Qu Fa Zhan Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Chang Sha Xiang Jiang Zi Chan Guan Li You Xian Gong Si	2305 Beneficiary of a trust
Massachusetts Institute Of Technology	2201 Interest of corporation controlled by you

Changsha Broad Homes Industrial Group Co Headlines

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