Times Neighborhood Holdings (HKSE:09928) Days Payable : 93.58 (As of Dec. 2023)

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What is Times Neighborhood Holdings Days Payable?

Times Neighborhood Holdings's average Accounts Payable for the six months ended in Dec. 2023 was HK$573 Mil. Times Neighborhood Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$1,117 Mil. Hence, Times Neighborhood Holdings's Days Payable for the six months ended in Dec. 2023 was 93.58.

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

HKSE:09928' s Days Payable Range Over the Past 10 Years
Min: 55.62 Med: 66.84 Max: 105.47
Current: 100.77

During the past 8 years, Times Neighborhood Holdings's highest Days Payable was 105.47. The lowest was 55.62. And the median was 66.84.

HKSE:09928's Days Payable is ranked better than
50.16% of 1579 companies
in the Real Estate industry
Industry Median: 99.69 vs HKSE:09928: 100.77

Times Neighborhood Holdings's Days Payable declined from Dec. 2022 (104.48) to Dec. 2023 (93.58). It may suggest that Times Neighborhood Holdings accelerated paying its suppliers.

Times Neighborhood Holdings Days Payable Historical Data

The historical data trend for Times Neighborhood 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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Times Neighborhood Holdings Days Payable Chart

Times Neighborhood Holdings Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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55.68

58.01

77.16

105.47

104.76

Times Neighborhood Holdings Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial									72.75	107.13	104.48	104.44	93.58

Competitive Comparison of Times Neighborhood Holdings's Days Payable

For the Real Estate Services subindustry, Times Neighborhood 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.

Times Neighborhood Holdings's Days Payable Distribution in the Real Estate Industry

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

* The bar in red indicates where Times Neighborhood Holdings's Days Payable falls into.

Times Neighborhood 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.

Times Neighborhood 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
=	( (625.847	+	602.013)	/	2 )	/	2138.994	*	365
=	613.93					/	2138.994	*	365
=	104.76

Times Neighborhood 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
=	( (543.679	+	602.013)	/	2 )	/	1117.205	*	365 / 2
=	572.846					/	1117.205	*	365 / 2
=	93.58

Times Neighborhood Holdings Days Payable Related Terms

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Times Neighborhood Holdings (HKSE:09928) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Times Neighborhood Holdings Ltd (HKSE:09928) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 410 Dongfeng Middle Road, Room 1103, 11th Floor, Yuexiu District, Guangdong Province, Guangzhou, CHN

Website

http://www.shidaiwuye.com

Times Neighborhood Holdings Ltd. is an investment holding company engaged in the provision of property management services which include value-added services for non-property owners, community value-added services, and other professional services are among the company's offerings. The group's revenue comes entirely from its Mainland China operations.

Executives

Shum Chiu Hung
Xingtai Capital Management Limited	2102 Investment manager
Sumitomo Mitsui Financial Group, Inc.	2201 Interest of corporation controlled by you
Li Yiping	2201 Interest of corporation controlled by you
Dong Li Guan Li You Xian Gong Si	2201 Interest of corporation controlled by you
Jia Ming Tou Zi You Xian Gong Si	2201 Interest of corporation controlled by you
Chao Da Chuang Tou You Xian Gong Si	2201 Interest of corporation controlled by you
Zhuo Yuan Chuang Tou You Xian Gong Si	2101 Beneficial owner

Times Neighborhood Holdings (HKSE:09928) Headlines

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