JY Grandmark Holdings (HKSE:02231) Days Payable : 89.14 (As of Jun. 2024)

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What is JY Grandmark Holdings Days Payable?

JY Grandmark Holdings's average Accounts Payable for the six months ended in Jun. 2024 was HK$1,099 Mil. JY Grandmark Holdings's Cost of Goods Sold for the six months ended in Jun. 2024 was HK$2,250 Mil. Hence, JY Grandmark Holdings's Days Payable for the six months ended in Jun. 2024 was 89.14.

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

HKSE:02231' s Days Payable Range Over the Past 10 Years
Min: 156.98 Med: 242.72 Max: 924.69
Current: 156.98

During the past 8 years, JY Grandmark Holdings's highest Days Payable was 924.69. The lowest was 156.98. And the median was 242.72.

HKSE:02231's Days Payable is ranked better than
63.52% of 1590 companies
in the Real Estate industry
Industry Median: 99.76 vs HKSE:02231: 156.98

JY Grandmark Holdings's Days Payable declined from Jun. 2023 (625.98) to Jun. 2024 (89.14). It may suggest that JY Grandmark Holdings accelerated paying its suppliers.

JY Grandmark Holdings Days Payable Historical Data

The historical data trend for JY Grandmark 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.

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JY Grandmark Holdings Days Payable Chart

JY Grandmark Holdings Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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244.07

241.36

252.05

924.69

787.39

JY Grandmark Holdings Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Days Payable	Get a 7-Day Free Trial										760.06	902.27	625.98	909.28	89.14

Competitive Comparison of JY Grandmark Holdings's Days Payable

For the Real Estate - Development subindustry, JY Grandmark 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.

JY Grandmark Holdings's Days Payable Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, JY Grandmark Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where JY Grandmark Holdings's Days Payable falls into.

JY Grandmark 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.

JY Grandmark Holdings'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
=	( (1104.623	+	1101.086)	/	2 )	/	511.236	*	365
=	1102.8545					/	511.236	*	365
=	787.39

JY Grandmark Holdings'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
=	( (1101.086	+	1097.178)	/	2 )	/	2250.32	*	365 / 2
=	1099.132					/	2250.32	*	365 / 2
=	89.14

JY Grandmark Holdings Days Payable Related Terms

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JY Grandmark Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » JY Grandmark Holdings Ltd (HKSE:02231) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

No. 106, Fengze East Road, JY Grandmark Building, Nansha District, Guangdong Province, Guangzhou, CHN

Website

http://www.jygrandmark.com

JY Grandmark Holdings Ltd is a provider of property developers, operators, and property management services. The company offers residential properties to its customers in Guangdong and Hainan provinces of China. It has landed in Guangdong, Hainan, Yunnan, and Hunan provinces for further development. The Group is organized into four business segments: Property development and sales, Commercial property investment, Hotel operations, and Property management. The Property development and sales segment act as a key revenue driver for the firm.

Executives

Iq Eq (bvi) Limited	2301 Trustee
Sze Ming Limited	2101 Beneficial owner
Chan Sze Ming Michael	2307 Founder of a discretionary trust who can infl
Shum Wing Yin	2202 Interest of your spouse

JY Grandmark Holdings Headlines

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