China City Infrastructure Group (HKSE:02349) Days Payable : 233.14 (As of Jun. 2024)

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What is China City Infrastructure Group Days Payable?

China City Infrastructure Group's average Accounts Payable for the six months ended in Jun. 2024 was HK$10.55 Mil. China City Infrastructure Group's Cost of Goods Sold for the six months ended in Jun. 2024 was HK$8.26 Mil. Hence, China City Infrastructure Group's Days Payable for the six months ended in Jun. 2024 was 233.14.

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

HKSE:02349' s Days Payable Range Over the Past 10 Years
Min: 87.71 Med: 217.14 Max: 1730.36
Current: 273.76

During the past 13 years, China City Infrastructure Group's highest Days Payable was 1730.36. The lowest was 87.71. And the median was 217.14.

HKSE:02349's Days Payable is ranked better than
77.24% of 1564 companies
in the Real Estate industry
Industry Median: 96.89 vs HKSE:02349: 273.76

China City Infrastructure Group's Days Payable increased from Jun. 2023 (166.98) to Jun. 2024 (233.14). It may suggest that China City Infrastructure Group delayed paying its suppliers.

China City Infrastructure Group Days Payable Historical Data

The historical data trend for China City Infrastructure Group'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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China City Infrastructure Group Days Payable Chart

China City Infrastructure Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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357.92

220.59

130.88

111.64

222.24

China City Infrastructure Group Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Days Payable	Get a 7-Day Free Trial															88.79	145.37	166.98	329.37	233.14

Competitive Comparison of China City Infrastructure Group's Days Payable

For the Real Estate - Diversified subindustry, China City Infrastructure Group'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 City Infrastructure Group's Days Payable Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, China City Infrastructure Group's Days Payable distribution charts can be found below:

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

China City Infrastructure Group 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 City Infrastructure Group'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
=	( (12.541	+	10.928)	/	2 )	/	19.272	*	365
=	11.7345					/	19.272	*	365
=	222.24

China City Infrastructure Group'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
=	( (10.928	+	10.171)	/	2 )	/	8.258	*	365 / 2
=	10.5495					/	8.258	*	365 / 2
=	233.14

China City Infrastructure Group Days Payable Related Terms

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China City Infrastructure Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » China City Infrastructure Group Ltd (HKSE:02349) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

18 Harbour Road, Suit 6208, 62nd Floor, Central Plaza, Wanchai, Hong Kong, HKG

Website

http://www.city-infrastructure.com

China City Infrastructure Group Ltd is an investment holding company. The Company focuses on property development, leasing investment properties, and property management business services in Wuhan, China. Operating primarily in Hubei Province, it serves both residential and commercial sectors in the dynamic Chinese real estate market. It operates its business through four segments: the Property Development Business segment, which engages in the development of property projects; the Property Investment Business segment is engaged in the leasing of investment properties. and Property Management Business segment is engaged in the provision of property management and other services. The company generates the majority of its revenue from the PRC.

Executives

Sky Climber Development Limited	2101 Beneficial owner
Yang Zhixiong	2201 Interest of corporation controlled by you
Fu Lam Wu	2106 Person having a security interest in shares
Linkway Investment Holdings Limited
Li Chao Bo
China Financial International Investments Limited
Good Outlook Investments Limited	2101 Beneficial owner
Wang Lisha
Capital Focus Asset Management Limited
China Financial International Investments & Managements Limited

China City Infrastructure Group Headlines

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