Lai Fung Holdings (Lai Fung Holdings) Days Payable : 202.31 (As of Jan. 2024)

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What is Lai Fung Holdings Days Payable?

Lai Fung Holdings's average Accounts Payable for the six months ended in Jan. 2024 was $103.46 Mil. Lai Fung Holdings's Cost of Goods Sold for the six months ended in Jan. 2024 was $93.34 Mil. Hence, Lai Fung Holdings's Days Payable for the six months ended in Jan. 2024 was 202.31.

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

LNGHY' s Days Payable Range Over the Past 10 Years
Min: 28.25 Med: 109.89 Max: 388.24
Current: 417.55

During the past 13 years, Lai Fung Holdings's highest Days Payable was 388.24. The lowest was 28.25. And the median was 109.89.

LNGHY's Days Payable is ranked better than
84.38% of 1575 companies
in the Real Estate industry
Industry Median: 99.76 vs LNGHY: 417.55

Lai Fung Holdings's Days Payable declined from Jan. 2023 (457.63) to Jan. 2024 (202.31). It may suggest that Lai Fung Holdings accelerated paying its suppliers.

Lai Fung Holdings Days Payable Historical Data

The historical data trend for Lai Fung 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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Lai Fung Holdings Days Payable Chart

Lai Fung Holdings Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Days Payable

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385.04

386.02

57.74

136.55

154.28

Lai Fung Holdings Semi-Annual Data
	Jul14	Jan15	Jul15	Jan16	Jul16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24
Days Payable	Get a 7-Day Free Trial															334.73	410.12	457.63	598.18	202.31

Competitive Comparison of Lai Fung Holdings's Days Payable

For the Real Estate - Development subindustry, Lai Fung 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.

Lai Fung Holdings's Days Payable Distribution in the Real Estate Industry

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

* The bar in red indicates where Lai Fung Holdings's Days Payable falls into.

Lai Fung 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.

Lai Fung Holdings's Days Payable for the fiscal year that ended in Jul. 2023 is calculated as

	Days Payable (A: Jul. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jul. 2022 )	+	Accounts Payable (A: Jul. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jul. 2023 )	*	Days in Period
=	( (62.151	+	35.035)	/	2 )	/	114.965	*	365
=	48.593					/	114.965	*	365
=	154.28

Lai Fung Holdings's Days Payable for the quarter that ended in Jan. 2024 is calculated as:

	Days Payable (Q: Jan. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jul. 2023 )	+	Accounts Payable (Q: Jan. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jan. 2024 )	*	Days in Period
=	( (35.035	+	171.893)	/	2 )	/	93.335	*	365 / 2
=	103.464					/	93.335	*	365 / 2
=	202.31

Lai Fung Holdings Days Payable Related Terms

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Lai Fung Holdings (Lai Fung Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Lai Fung Holdings Ltd (OTCPK:LNGHY) » Definitions » Days Payable

Traded in Other Exchanges

01125:Hong Kong

Address

680 Cheung Sha Wan Road, 11th Floor, Lai Sun Commercial Centre, Kowloon, Hong Kong, HKG

Website

https://www.laifung.com

Lai Fung Holdings Ltd is an investment holding company. The company's operating segment includes Property development; Property investment; Hotel and serviced apartment operation and Theme park operation. It generates maximum revenue from the Property development segment. The property development segment engages in the development of properties for sale in Mainland China. Geographically, the company generates a majority of its revenue from Mainland China.

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