GUANGZHOU YUETAI GROUP CO (SHSE:600393) Days Payable : 618.09 (As of Mar. 2023)

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What is GUANGZHOU YUETAI GROUP CO Days Payable?

GUANGZHOU YUETAI GROUP CO's average Accounts Payable for the three months ended in Mar. 2023 was ¥910 Mil. GUANGZHOU YUETAI GROUP CO's Cost of Goods Sold for the three months ended in Mar. 2023 was ¥134 Mil. Hence, GUANGZHOU YUETAI GROUP CO's Days Payable for the three months ended in Mar. 2023 was 618.09.

The historical rank and industry rank for GUANGZHOU YUETAI GROUP CO's Days Payable or its related term are showing as below:

SHSE:600393's Days Payable is not ranked ^*
in the Real Estate industry.
Industry Median: 99.725
* Ranked among companies with meaningful Days Payable only.

GUANGZHOU YUETAI GROUP CO's Days Payable declined from Mar. 2022 (966.42) to Mar. 2023 (618.09). It may suggest that GUANGZHOU YUETAI GROUP CO accelerated paying its suppliers.

GUANGZHOU YUETAI GROUP CO Days Payable Historical Data

The historical data trend for GUANGZHOU YUETAI GROUP CO'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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GUANGZHOU YUETAI GROUP CO Days Payable Chart

GUANGZHOU YUETAI GROUP CO Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

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294.55

232.14

183.36

642.25

355.42

GUANGZHOU YUETAI GROUP CO Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Days Payable	Get a 7-Day Free Trial															966.42	148.94	523.44	-	618.09

Competitive Comparison of GUANGZHOU YUETAI GROUP CO's Days Payable

For the Real Estate Services subindustry, GUANGZHOU YUETAI GROUP CO'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.

GUANGZHOU YUETAI GROUP CO's Days Payable Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, GUANGZHOU YUETAI GROUP CO's Days Payable distribution charts can be found below:

* The bar in red indicates where GUANGZHOU YUETAI GROUP CO's Days Payable falls into.

GUANGZHOU YUETAI GROUP CO 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.

GUANGZHOU YUETAI GROUP CO's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (1390.705	+	934.505)	/	2 )	/	1193.951	*	365
=	1162.605					/	1193.951	*	365
=	355.42

GUANGZHOU YUETAI GROUP CO's Days Payable for the quarter that ended in Mar. 2023 is calculated as:

	Days Payable (Q: Mar. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2022 )	+	Accounts Payable (Q: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2023 )	*	Days in Period
=	( (934.505	+	885.534)	/	2 )	/	134.348	*	365 / 4
=	910.0195					/	134.348	*	365 / 4
=	618.09

GUANGZHOU YUETAI GROUP CO Days Payable Related Terms

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GUANGZHOU YUETAI GROUP CO (SHSE:600393) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » GUANGZHOU YUETAI GROUP CO LTD (SHSE:600393) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

No. 170 Siyou Xinma Road, 4F, Guangzhou, Guangdong, CHN, 510600

Website

http://www.gzytgf.com

GUANGZHOU YUETAI GROUP CO LTD is a is a large-scale comprehensive enterprise group. It is mainly responsible for real estate development, construction, operation and property management.

Executives

Liu Yao Ting

Supervisors

GUANGZHOU YUETAI GROUP CO (SHSE:600393) Headlines

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