New Hope Service Holdings (HKSE:03658) Days Payable : 77.98 (As of Dec. 2023)

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What is New Hope Service Holdings Days Payable?

New Hope Service Holdings's average Accounts Payable for the six months ended in Dec. 2023 was HK$209 Mil. New Hope Service Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$489 Mil. Hence, New Hope Service Holdings's Days Payable for the six months ended in Dec. 2023 was 77.98.

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

HKSE:03658' s Days Payable Range Over the Past 10 Years
Min: 35.47 Med: 41.33 Max: 81.14
Current: 81.14

During the past 6 years, New Hope Service Holdings's highest Days Payable was 81.14. The lowest was 35.47. And the median was 41.33.

HKSE:03658's Days Payable is ranked worse than
55.73% of 1579 companies
in the Real Estate industry
Industry Median: 99.69 vs HKSE:03658: 81.14

New Hope Service Holdings's Days Payable increased from Dec. 2022 (68.81) to Dec. 2023 (77.98). It may suggest that New Hope Service Holdings delayed paying its suppliers.

New Hope Service Holdings Days Payable Historical Data

The historical data trend for New Hope Service 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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New Hope Service Holdings Days Payable Chart

New Hope Service Holdings Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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35.47

35.66

37.96

62.03

80.06

New Hope Service Holdings Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial					38.51	63.73	68.81	86.11	77.98

Competitive Comparison of New Hope Service Holdings's Days Payable

For the Real Estate Services subindustry, New Hope Service 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.

New Hope Service Holdings's Days Payable Distribution in the Real Estate Industry

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

* The bar in red indicates where New Hope Service Holdings's Days Payable falls into.

New Hope Service 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.

New Hope Service 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
=	( (180.756	+	212.932)	/	2 )	/	897.455	*	365
=	196.844					/	897.455	*	365
=	80.06

New Hope Service Holdings's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (204.848	+	212.932)	/	2 )	/	488.855	*	365 / 2
=	208.89					/	488.855	*	365 / 2
=	77.98

New Hope Service Holdings Days Payable Related Terms

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New Hope Service Holdings (HKSE:03658) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » New Hope Service Holdings Ltd (HKSE:03658) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 366 Jinshi Road, 16th Floor, Building 2, New Hope Zhongding International, Jinjiang District, Chengdu, Sichuan, CHN, 610000

Website

https://www.newhopeservice.com.cn

New Hope Service Holdings Ltd is a Chinese comprehensive property management and livelihood service operator, providing property management services, nonprofit Owner's value-added services, commercial operation services, and life services.

Executives

Li Wei	2202 Interest of your spouse
Chen Jing	2201 Interest of corporation controlled by you
Zhang Minggui	2201 Interest of corporation controlled by you
Wu Min	2201 Interest of corporation controlled by you
Tmf Trust (hk) Limited	2301 Trustee
New Voyage Development Limited	2101 Beneficial owner
New Range Development Limited	2201 Interest of corporation controlled by you
Jiang Mengjun	2201 Interest of corporation controlled by you
Huang Kun	2201 Interest of corporation controlled by you
Adventure Way Pte. Ltd.	2501 Other
Vistra Trust (singapore) Pte. Limited	2301 Trustee
Sea Glory Developments Limited	2201 Interest of corporation controlled by you
New Prosperity Development Limited	2201 Interest of corporation controlled by you
Medea Investments Limited	2201 Interest of corporation controlled by you
Liu Yonghao	2201 Interest of corporation controlled by you

New Hope Service Holdings (HKSE:03658) Headlines

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