Langold Real Estate Co (SZSE:002305) Days Payable : 400.77 (As of Mar. 2024)

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What is Langold Real Estate Co Days Payable?

Langold Real Estate Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥1,381 Mil. Langold Real Estate Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥314 Mil. Hence, Langold Real Estate Co's Days Payable for the three months ended in Mar. 2024 was 400.77.

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

SZSE:002305' s Days Payable Range Over the Past 10 Years
Min: 78 Med: 169.14 Max: 395.38
Current: 322.35

During the past 13 years, Langold Real Estate Co's highest Days Payable was 395.38. The lowest was 78.00. And the median was 169.14.

SZSE:002305's Days Payable is ranked better than
80.89% of 1580 companies
in the Real Estate industry
Industry Median: 98.245 vs SZSE:002305: 322.35

Langold Real Estate Co's Days Payable declined from Mar. 2023 (972.19) to Mar. 2024 (400.77). It may suggest that Langold Real Estate Co accelerated paying its suppliers.

Langold Real Estate Co Days Payable Historical Data

The historical data trend for Langold Real Estate 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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Langold Real Estate Co Days Payable Chart

Langold Real Estate Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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107.66

171.79

166.48

78.00

395.38

Langold Real Estate Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															972.19	307.35	496.06	215.01	400.77

Competitive Comparison of Langold Real Estate Co's Days Payable

For the Real Estate - Development subindustry, Langold Real Estate 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.

Langold Real Estate Co's Days Payable Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Langold Real Estate Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Langold Real Estate Co's Days Payable falls into.

Langold Real Estate 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.

Langold Real Estate 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
=	( (2147.082	+	1409.237)	/	2 )	/	1641.542	*	365
=	1778.1595					/	1641.542	*	365
=	395.38

Langold Real Estate Co's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (1409.237	+	1352.718)	/	2 )	/	314.433	*	365 / 4
=	1380.9775					/	314.433	*	365 / 4
=	400.77

Langold Real Estate Co Days Payable Related Terms

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Langold Real Estate Co (SZSE:002305) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Langold Real Estate Co Ltd (SZSE:002305) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

No. 202, Hualin Road, Yuhualin Center, Wuchang District, Wuhan, CHN, 430060

Website

http://www.langold.com.cn

Langold Real Estate Co Ltd is engaged in real estate development. The product line of the company includes pan Yue mall, southland center, pan Yue city plaza, Hankou city square, Wuhan pan yue center, and Nanjing pan yue center.

Executives

Xiong Yu Jing	Executives
Zhang Jun	Executives
Li Jun	Executives
Xiao Xin Qiao	Executives
Li Ya Dan	Director
Tan Yong Zhong	Directors, executives
Tang Wei	Securities Affairs Representative
Xu Xiao Ming	Director
Wang Chang Wen	Director
Ning Chao	Executives
Gao Qiu Hong	Directors, executives
Xia Jin	Director
Pei Xiao Zheng	Director
Wang Yi He	Directors, executives

Langold Real Estate Co (SZSE:002305) Headlines

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