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Xiwang Property Holdings Co (STU:XSA) Days Payable : 266.97 (As of Dec. 2023)


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What is Xiwang Property Holdings Co Days Payable?

Xiwang Property Holdings Co's average Accounts Payable for the six months ended in Dec. 2023 was €1.83 Mil. Xiwang Property Holdings Co's Cost of Goods Sold for the six months ended in Dec. 2023 was €1.25 Mil. Hence, Xiwang Property Holdings Co's Days Payable for the six months ended in Dec. 2023 was 266.97.

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

STU:XSA' s Days Payable Range Over the Past 10 Years
Min: 55.77   Med: 234.31   Max: 409.27
Current: 297.57

During the past 13 years, Xiwang Property Holdings Co's highest Days Payable was 409.27. The lowest was 55.77. And the median was 234.31.

STU:XSA's Days Payable is ranked better than
78.66% of 1579 companies
in the Real Estate industry
Industry Median: 99.69 vs STU:XSA: 297.57

Xiwang Property Holdings Co's Days Payable increased from Dec. 2022 (137.72) to Dec. 2023 (266.97). It may suggest that Xiwang Property Holdings Co delayed paying its suppliers.


Xiwang Property Holdings Co Days Payable Historical Data

The historical data trend for Xiwang Property Holdings 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.

* Premium members only.

Xiwang Property Holdings Co Days Payable Chart

Xiwang Property Holdings Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 54.87 193.89 263.37 140.64 277.24

Xiwang Property Holdings Co Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 298.70 136.39 137.72 360.51 266.97

Competitive Comparison of Xiwang Property Holdings Co's Days Payable

For the Real Estate - Development subindustry, Xiwang Property Holdings 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.


Xiwang Property Holdings Co's Days Payable Distribution in the Real Estate Industry

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

* The bar in red indicates where Xiwang Property Holdings Co's Days Payable falls into.



Xiwang Property Holdings 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.

Xiwang Property Holdings Co'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
=( (2.505 + 1.27) / 2 ) / 2.485*365
=1.8875 / 2.485*365
=277.24

Xiwang Property Holdings Co'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
=( (2.39 + 1.27) / 2 ) / 1.251*365 / 2
=1.83 / 1.251*365 / 2
=266.97

* 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.


Xiwang Property Holdings Co Days Payable Related Terms

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Xiwang Property Holdings Co (STU:XSA) Business Description

Traded in Other Exchanges
Address
Xiwang Industrial Area, Zouping County, Shandong Province, Binzhou, CHN, 256209
Xiwang Property Holdings Co Ltd is an investment holding company. The company segment includes Property development business; property management services business and Trading of construction material business. It generates maximum revenue from the Trading of construction material segment.

Xiwang Property Holdings Co (STU:XSA) Headlines

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