Shenzhen Seg Co (SZSE:000058) Days Payable : 130.96 (As of Mar. 2024)

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What is Shenzhen Seg Co Days Payable?

Shenzhen Seg Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥462 Mil. Shenzhen Seg Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥322 Mil. Hence, Shenzhen Seg Co's Days Payable for the three months ended in Mar. 2024 was 130.96.

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

SZSE:000058' s Days Payable Range Over the Past 10 Years
Min: 21.74 Med: 104.62 Max: 131.03
Current: 115.11

During the past 13 years, Shenzhen Seg Co's highest Days Payable was 131.03. The lowest was 21.74. And the median was 104.62.

SZSE:000058's Days Payable is ranked better than
53.99% of 1578 companies
in the Real Estate industry
Industry Median: 99.725 vs SZSE:000058: 115.11

Shenzhen Seg Co's Days Payable increased from Mar. 2023 (127.11) to Mar. 2024 (130.96). It may suggest that Shenzhen Seg Co delayed paying its suppliers.

Shenzhen Seg Co Days Payable Historical Data

The historical data trend for Shenzhen Seg 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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Shenzhen Seg Co Days Payable Chart

Shenzhen Seg Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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107.74

120.47

86.70

101.50

113.04

Shenzhen Seg Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															127.11	116.54	126.64	93.92	130.96

Competitive Comparison of Shenzhen Seg Co's Days Payable

For the Real Estate Services subindustry, Shenzhen Seg 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.

Shenzhen Seg Co's Days Payable Distribution in the Real Estate Industry

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

* The bar in red indicates where Shenzhen Seg Co's Days Payable falls into.

Shenzhen Seg 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.

Shenzhen Seg 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
=	( (477.876	+	451.943)	/	2 )	/	1501.201	*	365
=	464.9095					/	1501.201	*	365
=	113.04

Shenzhen Seg Co's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (451.943	+	472.523)	/	2 )	/	322.074	*	365 / 4
=	462.233					/	322.074	*	365 / 4
=	130.96

Shenzhen Seg Co Days Payable Related Terms

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Shenzhen Seg Co (SZSE:000058) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Shenzhen Seg Co Ltd (SZSE:000058) » Definitions » Days Payable

Traded in Other Exchanges

200058:China

Address

Huaqiang Road (North), 31st Floor, Tower A, Stars Plaza, Futian District, Shenzhen, CHN, 518028

Website

http://www.segcl.com.cn

Shenzhen Seg Co Ltd is a company that is engaged in the development and operation of electronics markets and supporting projects, property leasing services, commercial real estate business, microcredit business, budget hotel business, and trade and channel business. Its projects include the Children's amusement park project, Internet cafe and e-sports project, SEG-OURGAME e-sports stadium, Huizhou Stars SEG Holiday Plaza project, Xi'an SEG Plaza project.

Executives

Liu Zhi Jun	Directors, Directors, and Executives
Zhang Guang Liu	Director
Bao Hong Xi	Executives
Zhang Hai Fan	Supervisors
Zheng Dan	Directors, Directors, and Executives
Zhu Long Qing	Executives
Ru Gui Qin	Supervisors
Wang Bao	Director
Tang Chong Yin	Supervisors
Xu Ning	Supervisors
Ying Hua Dong	Supervisors
Tian Ji Liang	Supervisors
Zhao Xing Xue	Supervisors
Yang Ru Sheng	Independent director
Jiang Yi Gang	Director

Shenzhen Seg Co (SZSE:000058) Headlines

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