Hefei Urban Construction Development Co (SZSE:002208) Days Payable : 449.64 (As of Mar. 2024)

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What is Hefei Urban Construction Development Co Days Payable?

Hefei Urban Construction Development Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥1,641 Mil. Hefei Urban Construction Development Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥333 Mil. Hence, Hefei Urban Construction Development Co's Days Payable for the three months ended in Mar. 2024 was 449.64.

The historical rank and industry rank for Hefei Urban Construction Development Co's Days Payable or its related term are showing as below:

SZSE:002208' s Days Payable Range Over the Past 10 Years
Min: 68.88 Med: 133.38 Max: 215.27
Current: 82.93

During the past 13 years, Hefei Urban Construction Development Co's highest Days Payable was 215.27. The lowest was 68.88. And the median was 133.38.

SZSE:002208's Days Payable is ranked worse than
54.84% of 1579 companies
in the Real Estate industry
Industry Median: 98.03 vs SZSE:002208: 82.93

Hefei Urban Construction Development Co's Days Payable increased from Mar. 2023 (144.03) to Mar. 2024 (449.64). It may suggest that Hefei Urban Construction Development Co delayed paying its suppliers.

Hefei Urban Construction Development Co Days Payable Historical Data

The historical data trend for Hefei Urban Construction Development 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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Hefei Urban Construction Development Co Days Payable Chart

Hefei Urban Construction Development Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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168.41

98.60

68.88

166.92

104.26

Hefei Urban Construction Development 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															144.03	64.52	117.50	47.12	449.64

Competitive Comparison of Hefei Urban Construction Development Co's Days Payable

For the Real Estate - Development subindustry, Hefei Urban Construction Development 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.

Hefei Urban Construction Development Co's Days Payable Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Hefei Urban Construction Development Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Hefei Urban Construction Development Co's Days Payable falls into.

Hefei Urban Construction Development 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.

Hefei Urban Construction Development 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
=	( (1666.013	+	1978.885)	/	2 )	/	6380.228	*	365
=	1822.449					/	6380.228	*	365
=	104.26

Hefei Urban Construction Development 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
=	( (1978.885	+	1303.426)	/	2 )	/	333.06	*	365 / 4
=	1641.1555					/	333.06	*	365 / 4
=	449.64

Hefei Urban Construction Development Co Days Payable Related Terms

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Hefei Urban Construction Development Co (SZSE:002208) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Hefei Urban Construction Development Co Ltd (SZSE:002208) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

No. 319 Changjiang Middle Road, Renhe Tower, 23-24F, Hefei, Anhui, CHN, 230061

Website

http://www.hucd.cn

Hefei Urban Construction Development Co Ltd is a real estate company. The company is focusing on the development and construction of residential real estate, commercial real estate and office buildings.

Executives

Tian Feng	Secretary, Director
Wu Qian Qiu	Executives
Xu Shu Ping	Independent director
Tian Ran	Supervisors
Zheng Pei Fei	Supervisors
Wang Qing Sheng	Executives
Xu Hong	Directors, executives
Chen Qi Mei	Directors, executives
He Yi Ou	Executives
Ding Yan	Executives
Wang Xiao Yi	Director
Hang Hao	Executives
Yuan Ke Jun	Executives
Zhang Jin Sheng	Executives, executives, directors

Hefei Urban Construction Development Co (SZSE:002208) Headlines

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