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Yuexiu Services Group (HKSE:06626) Days Payable : 59.74 (As of Dec. 2023)


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What is Yuexiu Services Group Days Payable?

Yuexiu Services Group's average Accounts Payable for the six months ended in Dec. 2023 was HK$458 Mil. Yuexiu Services Group's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$1,400 Mil. Hence, Yuexiu Services Group's Days Payable for the six months ended in Dec. 2023 was 59.74.

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

HKSE:06626' s Days Payable Range Over the Past 10 Years
Min: 35.83   Med: 56.54   Max: 421.81
Current: 61.61

During the past 6 years, Yuexiu Services Group's highest Days Payable was 421.81. The lowest was 35.83. And the median was 56.54.

HKSE:06626's Days Payable is ranked worse than
63.67% of 1580 companies
in the Real Estate industry
Industry Median: 98.245 vs HKSE:06626: 61.61

Yuexiu Services Group's Days Payable increased from Dec. 2022 (49.76) to Dec. 2023 (59.74). It may suggest that Yuexiu Services Group delayed paying its suppliers.


Yuexiu Services Group Days Payable Historical Data

The historical data trend for Yuexiu Services 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.

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Yuexiu Services Group Days Payable Chart

Yuexiu Services Group Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial 421.81 338.06 35.83 54.12 58.58

Yuexiu Services Group Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only 45.26 47.72 49.76 67.11 59.74

Competitive Comparison of Yuexiu Services Group's Days Payable

For the Real Estate Services subindustry, Yuexiu Services 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.


Yuexiu Services Group's Days Payable Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Yuexiu Services Group's Days Payable distribution charts can be found below:

* The bar in red indicates where Yuexiu Services Group's Days Payable falls into.



Yuexiu Services 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.

Yuexiu Services Group'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
=( (394.32 + 436.721) / 2 ) / 2588.979*365
=415.5205 / 2588.979*365
=58.58

Yuexiu Services 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
=( (480.002 + 436.721) / 2 ) / 1400.168*365 / 2
=458.3615 / 1400.168*365 / 2
=59.74

* 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.


Yuexiu Services Group Days Payable Related Terms

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Yuexiu Services Group (HKSE:06626) Business Description

Traded in Other Exchanges
Address
160 Lockhart Road, 26th Floor, Yue Xiu Building, Wanchai, Hong Kong, HKG
Yuexiu Services Group Ltd is an integrated property management services provider. It has two business segments; Non-commercial property management and value-added services including non-commercial property management services including cleaning, security, gardening, repair, and maintenance services, value-added services to non-property owners, including sales office and display unit management, support services, and decoration services, home-living services, space operation services, and Commercial property management and operational services including commercial property management services and other value-added services, market positioning consultancy and tenant sourcing services, including market positioning and management consultancy services and tenant sourcing services.
Executives
Guangzhou Construction & Development Holdings (china) Limited
Yue Xiu Enterprises (holdings) Limited
Yuexiu Property Company Limited
Guang Zhou Yue Xiu Ji Tuan Gu Fen You Xian Gong Si
Guang Zhou Di Tie Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Guang Zhou Di Tie Tou Rong Zi Xiang Gang You Xian Gong Si 2101 Beneficial owner

Yuexiu Services Group (HKSE:06626) Headlines

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