HUNG SHENG Construction Co (TPE:2534) Days Payable : 276.18 (As of Mar. 2024)

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What is HUNG SHENG Construction Co Days Payable?

HUNG SHENG Construction Co's average Accounts Payable for the three months ended in Mar. 2024 was NT$510 Mil. HUNG SHENG Construction Co's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$168 Mil. Hence, HUNG SHENG Construction Co's Days Payable for the three months ended in Mar. 2024 was 276.18.

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

TPE:2534' s Days Payable Range Over the Past 10 Years
Min: 0.21 Med: 50.44 Max: 154.76
Current: 154.76

During the past 13 years, HUNG SHENG Construction Co's highest Days Payable was 154.76. The lowest was 0.21. And the median was 50.44.

TPE:2534's Days Payable is ranked better than
62.85% of 1572 companies
in the Real Estate industry
Industry Median: 100.22 vs TPE:2534: 154.76

HUNG SHENG Construction Co's Days Payable increased from Mar. 2023 (49.08) to Mar. 2024 (276.18). It may suggest that HUNG SHENG Construction Co delayed paying its suppliers.

HUNG SHENG Construction Co Days Payable Historical Data

The historical data trend for HUNG SHENG Construction 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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HUNG SHENG Construction Co Days Payable Chart

HUNG SHENG Construction Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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62.35

124.43

73.70

40.65

146.45

HUNG SHENG Construction 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															49.08	122.26	84.16	213.54	276.18

Competitive Comparison of HUNG SHENG Construction Co's Days Payable

For the Real Estate - Development subindustry, HUNG SHENG Construction 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.

HUNG SHENG Construction Co's Days Payable Distribution in the Real Estate Industry

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

* The bar in red indicates where HUNG SHENG Construction Co's Days Payable falls into.

HUNG SHENG Construction 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.

HUNG SHENG Construction 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
=	( (447.463	+	677.695)	/	2 )	/	1402.126	*	365
=	562.579					/	1402.126	*	365
=	146.45

HUNG SHENG Construction 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
=	( (677.695	+	341.525)	/	2 )	/	168.378	*	365 / 4
=	509.61					/	168.378	*	365 / 4
=	276.18

HUNG SHENG Construction Co Days Payable Related Terms

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HUNG SHENG Construction Co (TPE:2534) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » HUNG SHENG Construction Co Ltd (TPE:2534) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

19 floor-5, Number.156, Sec. 3, Minsheng E. Road, Taipei, TWN

Website

https://www.hsc.com.tw

HUNG SHENG Construction Co Ltd is a Taiwan-based real estate company that focuses on the development, distribution, and leasing of residential and commercial properties. The company's property portfolio comprises office buildings and premium residential communities, which are primarily located in the central areas of Taipei with easy access to public transportation and facilities. Hung Sheng Construction's buildings are designed by architecture teams both locally and overseas, and the company's projects are constructed by independent constructors.

HUNG SHENG Construction Co (TPE:2534) Headlines

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