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Shanghai Zendai Property (HKSE:00755) Days Payable : 932.81 (As of Dec. 2023)


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What is Shanghai Zendai Property Days Payable?

Shanghai Zendai Property's average Accounts Payable for the six months ended in Dec. 2023 was HK$176.8 Mil. Shanghai Zendai Property's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$34.6 Mil. Hence, Shanghai Zendai Property's Days Payable for the six months ended in Dec. 2023 was 932.81.

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

HKSE:00755' s Days Payable Range Over the Past 10 Years
Min: 106.63   Med: 339.86   Max: 1901.06
Current: 568.38

During the past 13 years, Shanghai Zendai Property's highest Days Payable was 1901.06. The lowest was 106.63. And the median was 339.86.

HKSE:00755's Days Payable is ranked better than
88.73% of 1580 companies
in the Real Estate industry
Industry Median: 98.245 vs HKSE:00755: 568.38

Shanghai Zendai Property's Days Payable increased from Dec. 2022 (365.95) to Dec. 2023 (932.81). It may suggest that Shanghai Zendai Property delayed paying its suppliers.


Shanghai Zendai Property Days Payable Historical Data

The historical data trend for Shanghai Zendai Property'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.

Shanghai Zendai Property Days Payable Chart

Shanghai Zendai Property 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 692.91 169.72 843.69 1,901.06 653.71

Shanghai Zendai Property 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 810.38 2,206.36 365.95 365.72 932.81

Competitive Comparison of Shanghai Zendai Property's Days Payable

For the Real Estate - Development subindustry, Shanghai Zendai Property'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.


Shanghai Zendai Property's Days Payable Distribution in the Real Estate Industry

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

* The bar in red indicates where Shanghai Zendai Property's Days Payable falls into.



Shanghai Zendai Property 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.

Shanghai Zendai Property'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
=( (219.071 + 219.952) / 2 ) / 122.565*365
=219.5115 / 122.565*365
=653.71

Shanghai Zendai Property'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
=( (133.556 + 219.952) / 2 ) / 34.581*365 / 2
=176.754 / 34.581*365 / 2
=932.81

* 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.


Shanghai Zendai Property Days Payable Related Terms

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Shanghai Zendai Property (HKSE:00755) Business Description

Traded in Other Exchanges
N/A
Address
18 Harbour Road, Unit 6508, 65th Floor, Central Plaza, Wanchai, Hong Kong, HKG
Shanghai Zendai Property Ltd is an investment holding company engaged in the property development business. It is organized into three operating segments which comprise Sales of properties; Hotel operations; and Property rental, management, and agency services. The majority of its revenue is derived from the Sales of properties segment. All of the group's revenues are derived from the People's Republic of China.
Executives
China Orient Asset Management (international) Holding Limited 2106 Person having a security interest in shares
China Orient Asset Management Co., Ltd. 2201 Interest of corporation controlled by you
Dong Yin Development (holdings) Limited 2201 Interest of corporation controlled by you
Wise Leader Assets Ltd. 2201 Interest of corporation controlled by you
Nantong Sanjian Holding (hk) Co., Limited 2101 Beneficial owner
Nan Tong San Jian Kong Gu You Xian Gong Si 2106 Person having a security interest in shares

Shanghai Zendai Property (HKSE:00755) Headlines

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