Baoye Group Co (HKSE:02355) Days Payable : 173.00 (As of Dec. 2023)

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What is Baoye Group Co Days Payable?

Baoye Group Co's average Accounts Payable for the six months ended in Dec. 2023 was HK$11,547 Mil. Baoye Group Co's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$12,181 Mil. Hence, Baoye Group Co's Days Payable for the six months ended in Dec. 2023 was 173.00.

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

HKSE:02355' s Days Payable Range Over the Past 10 Years
Min: 47.55 Med: 119.17 Max: 159.23
Current: 155.62

During the past 13 years, Baoye Group Co's highest Days Payable was 159.23. The lowest was 47.55. And the median was 119.17.

HKSE:02355's Days Payable is ranked better than
77.45% of 1601 companies
in the Construction industry
Industry Median: 76.01 vs HKSE:02355: 155.62

Baoye Group Co's Days Payable increased from Dec. 2022 (171.83) to Dec. 2023 (173.00). It may suggest that Baoye Group Co delayed paying its suppliers.

Baoye Group Co Days Payable Historical Data

The historical data trend for Baoye Group 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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Baoye Group Co Days Payable Chart

Baoye Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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159.23

158.18

124.32

157.50

155.61

Baoye Group Co 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															167.38	134.56	171.83	140.90	173.00

Competitive Comparison of Baoye Group Co's Days Payable

For the Engineering & Construction subindustry, Baoye Group 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.

Baoye Group Co's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, Baoye Group Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Baoye Group Co's Days Payable falls into.

Baoye Group 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.

Baoye Group 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
=	( (10868.503	+	11770.84)	/	2 )	/	26551.89	*	365
=	11319.6715					/	26551.89	*	365
=	155.61

Baoye Group Co'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
=	( (11322.764	+	11770.84)	/	2 )	/	12180.625	*	365 / 2
=	11546.802					/	12180.625	*	365 / 2
=	173.00

Baoye Group Co Days Payable Related Terms

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Baoye Group Co (HKSE:02355) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Baoye Group Co Ltd (HKSE:02355) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

BKG:Germany

Address

No. 1687 Guazhu East Road, Keqiao District, Zhejiang Province, Shaoxing, CHN, 312030

Website

https://www.baoyegroup.com

Baoye Group Co Ltd is engaged in construction service. Its operation mainly comprises the sale of construction equipment, operation of investment properties, provision of architectural and interior design services and others. The company's reportable segments include Construction, Property development, Building materials, and others. It generates maximum revenue from the Construction segment.

Baoye Group Co (HKSE:02355) Headlines

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