Green Energy Group (HKSE:00979) Days Payable : 1.59 (As of Dec. 2023)

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What is Green Energy Group Days Payable?

Green Energy Group's average Accounts Payable for the six months ended in Dec. 2023 was HK$0.24 Mil. Green Energy Group's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$27.93 Mil. Hence, Green Energy Group's Days Payable for the six months ended in Dec. 2023 was 1.59.

The historical rank and industry rank for Green Energy Group's Days Payable or its related term are showing as below:

HKSE:00979' s Days Payable Range Over the Past 10 Years
Min: 1.42 Med: 38.58 Max: 2803.1
Current: 2.83

During the past 13 years, Green Energy Group's highest Days Payable was 2803.10. The lowest was 1.42. And the median was 38.58.

HKSE:00979's Days Payable is ranked worse than
98.21% of 224 companies
in the Waste Management industry
Industry Median: 72.98 vs HKSE:00979: 2.83

Green Energy Group's Days Payable declined from Dec. 2022 (10.40) to Dec. 2023 (1.59). It may suggest that Green Energy Group accelerated paying its suppliers.

Green Energy Group Days Payable Historical Data

The historical data trend for Green Energy Group'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.

Green Energy Group Days Payable Chart

Green Energy Group Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Jun19

Jun20

Jun21

Jun22

Jun23

Days Payable

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1.42

2.81

1.67

10.92

Green Energy Group Semi-Annual Data
	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial															6.78	7.07	10.40	3.18	1.59

Competitive Comparison of Green Energy Group's Days Payable

For the Waste Management subindustry, Green Energy Group'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.

Green Energy Group's Days Payable Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Green Energy Group's Days Payable distribution charts can be found below:

* The bar in red indicates where Green Energy Group's Days Payable falls into.

Green Energy Group 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.

Green Energy Group's Days Payable for the fiscal year that ended in Jun. 2023 is calculated as

	Days Payable (A: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2022 )	+	Accounts Payable (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (3.529	+	0.111)	/	2 )	/	60.823	*	365
=	1.82					/	60.823	*	365
=	10.92

Green Energy Group'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
=	( (0.111	+	0.375)	/	2 )	/	27.931	*	365 / 2
=	0.243					/	27.931	*	365 / 2
=	1.59

Green Energy Group Days Payable Related Terms

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Green Energy Group (HKSE:00979) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Green Energy Group Ltd (HKSE:00979) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

99 Queen’s Road Central, Room 7712, 77/F., The Center, Hong Kong, HKG

Website

https://www.greenenergy.hk

Green Energy Group Ltd is an investment holding company. The company's operating segment includes Waste construction materials and waste processing services; Renewable energy; Plastic recycling/ metal scrap, and Money lending. It generates maximum revenue from the Renewable energy segment. The Renewable energy segment includes the trading of recyclable oil/biodiesel. Geographically, it derives a majority of revenue from Europe.

Executives

New Glory Business Corporation	2101 Beneficial owner
Rich Bay Global Limited	2101 Beneficial owner
Superactive Asset Management Limited	2201 Interest of corporation controlled by you
Lee Chi Shing Caesar	2201 Interest of corporation controlled by you
Yeung So Lai	2201 Interest of corporation controlled by you

Green Energy Group (HKSE:00979) Headlines

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