Guangdong Investment (HKSE:00270) Days Payable : 340.17 (As of Dec. 2023)

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What is Guangdong Investment Days Payable?

Guangdong Investment's average Accounts Payable for the six months ended in Dec. 2023 was HK$15,316 Mil. Guangdong Investment's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$8,217 Mil. Hence, Guangdong Investment's Days Payable for the six months ended in Dec. 2023 was 340.17.

The historical rank and industry rank for Guangdong Investment's Days Payable or its related term are showing as below:

HKSE:00270' s Days Payable Range Over the Past 10 Years
Min: 151.89 Med: 346.1 Max: 499.74
Current: 391.64

During the past 13 years, Guangdong Investment's highest Days Payable was 499.74. The lowest was 151.89. And the median was 346.10.

HKSE:00270's Days Payable is ranked better than
93.29% of 492 companies
in the Utilities - Regulated industry
Industry Median: 65.95 vs HKSE:00270: 391.64

Guangdong Investment's Days Payable declined from Dec. 2022 (391.76) to Dec. 2023 (340.17). It may suggest that Guangdong Investment accelerated paying its suppliers.

Guangdong Investment Days Payable Historical Data

The historical data trend for Guangdong Investment'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.

* Premium members only.

Guangdong Investment Days Payable Chart

Guangdong Investment Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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222.02

151.89

289.38

499.74

403.27

Guangdong Investment Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial															299.54	500.27	391.76	449.33	340.17

Competitive Comparison of Guangdong Investment's Days Payable

For the Utilities - Regulated Water subindustry, Guangdong Investment'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.

Guangdong Investment's Days Payable Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Guangdong Investment's Days Payable distribution charts can be found below:

* The bar in red indicates where Guangdong Investment's Days Payable falls into.

Guangdong Investment 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.

Guangdong Investment'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
=	( (14835.801	+	16375.51)	/	2 )	/	14124.708	*	365
=	15605.6555					/	14124.708	*	365
=	403.27

Guangdong Investment'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
=	( (14255.914	+	16375.51)	/	2 )	/	8216.782	*	365 / 2
=	15315.712					/	8216.782	*	365 / 2
=	340.17

Guangdong Investment Days Payable Related Terms

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Guangdong Investment (HKSE:00270) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Guangdong Investment Ltd (HKSE:00270) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

GGDVY:USA GGDVF:USA GUG:Germany

Address

148 Connaught Road Central, 28th and 29th Floors, Guangdong Investment Tower, Hong Kong, HKG

Website

https://www.gdi.com.hk

Guangdong Investment Ltd is engaged in investment holding, water resources, property investment and development, department store operation, hotel ownership, operation and management, investment in energy projects, road, and bridge operation. Its segments include water resources, property investment and development, department store operation, electric power generation, hotel operation and management, road and bridge segment, and others segment. The company derives most of the revenue from the water resources segment that engages in water distribution, sewage treatment, and construction of water supply and sewage treatment infrastructure for customers in Mainland China and Hong Kong.

Executives

Gdh Limited	2101 Beneficial owner
Guang Dong Yue Hai Kong Gu Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Citigroup Inc.	2201 Interest of corporation controlled by you

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