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ManpowerGroup Greater China (HKSE:02180) Days Payable : 54.91 (As of Dec. 2024)


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What is ManpowerGroup Greater China Days Payable?

ManpowerGroup Greater China's average Accounts Payable for the six months ended in Dec. 2024 was HK$961 Mil. ManpowerGroup Greater China's Cost of Goods Sold for the six months ended in Dec. 2024 was HK$3,192 Mil. Hence, ManpowerGroup Greater China's Days Payable for the six months ended in Dec. 2024 was 54.91.

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

HKSE:02180' s Days Payable Range Over the Past 10 Years
Min: 1.69   Med: 3.94   Max: 56.04
Current: 53.71

During the past 9 years, ManpowerGroup Greater China's highest Days Payable was 56.04. The lowest was 1.69. And the median was 3.94.

HKSE:02180's Days Payable is ranked better than
54.44% of 913 companies
in the Business Services industry
Industry Median: 46.29 vs HKSE:02180: 53.71

ManpowerGroup Greater China's Days Payable increased from Dec. 2023 (49.26) to Dec. 2024 (54.91). It may suggest that ManpowerGroup Greater China delayed paying its suppliers.


ManpowerGroup Greater China Days Payable Historical Data

The historical data trend for ManpowerGroup Greater China'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.

ManpowerGroup Greater China Days Payable Chart

ManpowerGroup Greater China Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Payable
Get a 7-Day Free Trial Premium Member Only 1.89 1.69 29.45 51.64 56.04

ManpowerGroup Greater China Semi-Annual Data
Dec16 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 54.75 51.30 49.26 50.13 54.91

Competitive Comparison of ManpowerGroup Greater China's Days Payable

For the Staffing & Employment Services subindustry, ManpowerGroup Greater China'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.


ManpowerGroup Greater China's Days Payable Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, ManpowerGroup Greater China's Days Payable distribution charts can be found below:

* The bar in red indicates where ManpowerGroup Greater China's Days Payable falls into.


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ManpowerGroup Greater China 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.

ManpowerGroup Greater China'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
=( (755.564 + 1099.066) / 2 ) / 6039.725*365
=927.315 / 6039.725*365
=56.04

ManpowerGroup Greater China'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
=( (821.947 + 1099.066) / 2 ) / 3192.106*365 / 2
=960.5065 / 3192.106*365 / 2
=54.91

* 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.


ManpowerGroup Greater China Days Payable Related Terms

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ManpowerGroup Greater China Business Description

Traded in Other Exchanges
N/A
Address
No. 999, Pudong Road (S), 36th Floor, Xin Mei Union Square, Pudong District, Shanghai, CHN
ManpowerGroup Greater China Ltd is engaged in the business of workforce solutions and services around the world in regions outside of Greater China; It provides flexible employment, talent hunting, recruitment process outsourcing, talent management, and training development. The segments of the company include The workforce Solutions segment includes Flexible staffing services and Recruitment solutions services, and the Other HR Services segment provides HR services to customers who need assistance in outplacement, leadership development, career management, talent assessment, and training and development services. The company derives a majority of its revenue from the People's Republic of China.
Executives
Bang Mai Xiang Gang You Xian Gong Si 2101 Beneficial owner
Fang Yong Zhong 2201 Interest of corporation controlled by you
Bei Jing Bang Mai Xin Xi Ji Shu He Huo Qi Ye You Xian He Huo 2201 Interest of corporation controlled by you
Bei Jing Feng Hui Tou Zi Guan Li You Xian Gong Si 2201 Interest of corporation controlled by you
Pandanus Partners L.p. 2201 Interest of corporation controlled by you
Pandanus Associates Inc. 2201 Interest of corporation controlled by you
Fil Limited 2201 Interest of corporation controlled by you
Fidelity China Special Situations Plc 2101 Beneficial owner
Citic Pe Associates Ii, L.p. 2201 Interest of corporation controlled by you
Cpechina Fund Ii, L.p. 2201 Interest of corporation controlled by you
Cm Phoenix Tree Limited 2101 Beneficial owner
Cm Phoenix Tree Ii Limited 2201 Interest of corporation controlled by you
Citicpe Holdings Limited 2201 Interest of corporation controlled by you
Citic Pe Funds Ii Limited 2201 Interest of corporation controlled by you
Manpower Nominees Inc. 2101 Beneficial owner

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