Excellence Commercial Property & Facilities Management Group (HKSE:06989) Days Payable : 50.73 (As of Dec. 2023)

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What is Excellence Commercial Property & Facilities Management Group Days Payable?

Excellence Commercial Property & Facilities Management Group's average Accounts Payable for the six months ended in Dec. 2023 was HK$527 Mil. Excellence Commercial Property & Facilities Management Group's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$1,897 Mil. Hence, Excellence Commercial Property & Facilities Management Group's Days Payable for the six months ended in Dec. 2023 was 50.73.

The historical rank and industry rank for Excellence Commercial Property & Facilities Management Group's Days Payable or its related term are showing as below:

HKSE:06989' s Days Payable Range Over the Past 10 Years
Min: 28.38 Med: 37.49 Max: 54.13
Current: 52.54

During the past 7 years, Excellence Commercial Property & Facilities Management Group's highest Days Payable was 54.13. The lowest was 28.38. And the median was 37.49.

HKSE:06989's Days Payable is ranked worse than
68.92% of 1580 companies
in the Real Estate industry
Industry Median: 98.245 vs HKSE:06989: 52.54

Excellence Commercial Property & Facilities Management Group's Days Payable declined from Dec. 2022 (62.26) to Dec. 2023 (50.73). It may suggest that Excellence Commercial Property & Facilities Management Group accelerated paying its suppliers.

Excellence Commercial Property & Facilities Management Group Days Payable Historical Data

The historical data trend for Excellence Commercial Property & Facilities Management 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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Excellence Commercial Property & Facilities Management Group Days Payable Chart

Excellence Commercial Property & Facilities Management Group Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

28.38

31.04

37.49

51.77

54.13

Excellence Commercial Property & Facilities Management Group Semi-Annual Data
	Dec17	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial						39.69	57.43	62.26	52.96	50.73

Competitive Comparison of Excellence Commercial Property & Facilities Management Group's Days Payable

For the Real Estate Services subindustry, Excellence Commercial Property & Facilities Management 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.

Excellence Commercial Property & Facilities Management Group's Days Payable Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Excellence Commercial Property & Facilities Management Group's Days Payable distribution charts can be found below:

* The bar in red indicates where Excellence Commercial Property & Facilities Management Group's Days Payable falls into.

Excellence Commercial Property & Facilities Management 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.

Excellence Commercial Property & Facilities Management 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
=	( (447.558	+	584.183)	/	2 )	/	3478.345	*	365
=	515.8705					/	3478.345	*	365
=	54.13

Excellence Commercial Property & Facilities Management 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
=	( (470.374	+	584.183)	/	2 )	/	1896.892	*	365 / 2
=	527.2785					/	1896.892	*	365 / 2
=	50.73

Excellence Commercial Property & Facilities Management Group Days Payable Related Terms

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Excellence Commercial Property & Facilities Management Group (HKSE:06989) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Excellence Commercial Property & Facilities Management Group Ltd (HKSE:06989) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Fuhua Third Road, 38Ath Floor, Tower 4, Excellence Century Center, Futian District, Guangdong Province, Shenzhen, CHN, 518000

Website

http://www.excepm.com

Excellence Commercial Property & Facilities Management Group Ltd is a commercial property management service provider in China. The company's projects included commercial properties, public and industrial properties, and residential properties. It operates in three segments namely Finance services, Other services, and Property management services that provide basic property management services or system supply and installation services to property developers, property owners, and tenants, and value-added services to such customers, including asset services which includes preliminary property consulting services, property leasing and sales agency services, asset-light property operation services and space operation services, and corporate services.

Executives

Xiao Xingping	2202 Interest of your spouse
Li Xiaoping	2101 Beneficial owner
Li Wa	2201 Interest of corporation controlled by you
Oriental Rich Holdings Group Limited	2201 Interest of corporation controlled by you
Urban Hero Investments Limited	2101 Beneficial owner
Ever Rainbow Holdings Limited	2101 Beneficial owner
Autumn Riches Limited	2101 Beneficial owner
Li Yuan	2201 Interest of corporation controlled by you

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