Leading Holdings Group (HKSE:06999) Days Payable : 110.61 (As of Dec. 2023)

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What is Leading Holdings Group Days Payable?

Leading Holdings Group's average Accounts Payable for the six months ended in Dec. 2023 was HK$7,084 Mil. Leading Holdings Group's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$11,688 Mil. Hence, Leading Holdings Group's Days Payable for the six months ended in Dec. 2023 was 110.61.

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

HKSE:06999' s Days Payable Range Over the Past 10 Years
Min: 136.08 Med: 201.66 Max: 282.35
Current: 144.83

During the past 7 years, Leading Holdings Group's highest Days Payable was 282.35. The lowest was 136.08. And the median was 201.66.

HKSE:06999's Days Payable is ranked better than
61.49% of 1579 companies
in the Real Estate industry
Industry Median: 98.32 vs HKSE:06999: 144.83

Leading Holdings Group's Days Payable declined from Dec. 2022 (117.90) to Dec. 2023 (110.61). It may suggest that Leading Holdings Group accelerated paying its suppliers.

Leading Holdings Group Days Payable Historical Data

The historical data trend for Leading Holdings 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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Leading Holdings Group Days Payable Chart

Leading Holdings Group Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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217.47

201.66

222.22

180.63

136.08

Leading Holdings Group Semi-Annual Data
	Dec17	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial						159.43	254.23	117.90	217.47	110.61

Competitive Comparison of Leading Holdings Group's Days Payable

For the Real Estate - Development subindustry, Leading Holdings 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.

Leading Holdings Group's Days Payable Distribution in the Real Estate Industry

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

* The bar in red indicates where Leading Holdings Group's Days Payable falls into.

Leading Holdings 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.

Leading Holdings 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
=	( (7612.574	+	6030.35)	/	2 )	/	18296.442	*	365
=	6821.462					/	18296.442	*	365
=	136.08

Leading Holdings 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
=	( (8137.064	+	6030.35)	/	2 )	/	11688.036	*	365 / 2
=	7083.707					/	11688.036	*	365 / 2
=	110.61

Leading Holdings Group Days Payable Related Terms

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Leading Holdings Group (HKSE:06999) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Leading Holdings Group Ltd (HKSE:06999) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

No. 151, 2nd Tianfu Street, Leading International Finance Center, 46th Floor, Tower A, Gaoxin District, Sichuan Province, Chengdu, CHN

Website

https://www.leading-group.com

Leading Holdings Group Ltd is focused on the development and sale of residential and commercial properties. In addition, the group holds a portion of commercial properties for investment purpose and are engaged in the hotel management business. Further, it also provides project management services. It operates in three segments: Property development, Commercial property investment, and operations, and Hotel operations, of which the majority of its revenue comes from the Property development segment. Its operations are conducted in Mainland China.

Executives

Liu Yuhui	2201 Interest of corporation controlled by you
Chen Ao Ao	2202 Interest of your spouse
Hou Sanli	2201 Interest of corporation controlled by you
Lan Tian	2202 Interest of your spouse
Liu Ce	2201 Interest of corporation controlled by you
Liu Haowei	2201 Interest of corporation controlled by you
Liu Shan	2202 Interest of your spouse
Liu Yuqi	2202 Interest of your spouse
Long Yiqin	2201 Interest of corporation controlled by you
Wang Tao	2201 Interest of corporation controlled by you
Jin Sha Jiang Holding Limited	2101 Beneficial owner
Yue Lai Investment Limited	2101 Beneficial owner
Ling Yue Capital Holding Limited	2101 Beneficial owner
Yuan Di Capital Limited	2101 Beneficial owner

Leading Holdings Group (HKSE:06999) Headlines

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