Huang Hsiang Construction (TPE:2545) Days Payable : 76.11 (As of Mar. 2024)

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What is Huang Hsiang Construction Days Payable?

Huang Hsiang Construction's average Accounts Payable for the three months ended in Mar. 2024 was NT$1,158 Mil. Huang Hsiang Construction's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$1,388 Mil. Hence, Huang Hsiang Construction's Days Payable for the three months ended in Mar. 2024 was 76.11.

The historical rank and industry rank for Huang Hsiang Construction's Days Payable or its related term are showing as below:

TPE:2545' s Days Payable Range Over the Past 10 Years
Min: 35.02 Med: 128.61 Max: 292.75
Current: 89.67

During the past 13 years, Huang Hsiang Construction's highest Days Payable was 292.75. The lowest was 35.02. And the median was 128.61.

TPE:2545's Days Payable is ranked worse than
52.63% of 1579 companies
in the Real Estate industry
Industry Median: 99.69 vs TPE:2545: 89.67

Huang Hsiang Construction's Days Payable declined from Mar. 2023 (194.30) to Mar. 2024 (76.11). It may suggest that Huang Hsiang Construction accelerated paying its suppliers.

Huang Hsiang Construction Days Payable Historical Data

The historical data trend for Huang Hsiang Construction'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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Huang Hsiang Construction Days Payable Chart

Huang Hsiang Construction Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

197.55

84.60

66.01

71.99

124.16

Huang Hsiang Construction 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															194.30	162.25	148.02	59.67	76.11

Competitive Comparison of Huang Hsiang Construction's Days Payable

For the Real Estate - Diversified subindustry, Huang Hsiang Construction'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.

Huang Hsiang Construction's Days Payable Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Huang Hsiang Construction's Days Payable distribution charts can be found below:

* The bar in red indicates where Huang Hsiang Construction's Days Payable falls into.

Huang Hsiang Construction 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.

Huang Hsiang Construction'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
=	( (765.45	+	1137.688)	/	2 )	/	2797.4	*	365
=	951.569					/	2797.4	*	365
=	124.16

Huang Hsiang Construction'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
=	( (1137.688	+	1178.33)	/	2 )	/	1388.401	*	365 / 4
=	1158.009					/	1388.401	*	365 / 4
=	76.11

Huang Hsiang Construction Days Payable Related Terms

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Huang Hsiang Construction (TPE:2545) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Huang Hsiang Construction Corp (TPE:2545) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Number 38, Bo'ai Road, 8th Floor, Zhongzheng District, Taipei, TWN

Website

https://www.hhe.com.tw

Huang Hsiang Construction Corp is principally engaged in the development of residential properties, the lease or sales of commercial buildings, comprehensive constructions, the development of specific districts, and hotel operations. The group has three operating segments: Development department which is engaged in the development of commercial and residential buildings for leasing and sales; Construction department which is engaged in the business of construction and civil engineering; Hotel department which is engaged in the business of accommodation and catering services. The company generates all of its revenue from the Taiwan market.

Huang Hsiang Construction (TPE:2545) Headlines

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