Pokfulam Development Co (HKSE:00225) Days Payable : 10.64 (As of Sep. 2023)

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What is Pokfulam Development Co Days Payable?

Pokfulam Development Co's average Accounts Payable for the six months ended in Sep. 2023 was HK$3.7 Mil. Pokfulam Development Co's Cost of Goods Sold for the six months ended in Sep. 2023 was HK$63.6 Mil. Hence, Pokfulam Development Co's Days Payable for the six months ended in Sep. 2023 was 10.64.

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

HKSE:00225' s Days Payable Range Over the Past 10 Years
Min: 10.56 Med: 21.31 Max: 162.02
Current: 10.56

During the past 13 years, Pokfulam Development Co's highest Days Payable was 162.02. The lowest was 10.56. And the median was 21.31.

HKSE:00225's Days Payable is ranked worse than
92.75% of 1572 companies
in the Real Estate industry
Industry Median: 99.68 vs HKSE:00225: 10.56

Pokfulam Development Co's Days Payable declined from Sep. 2022 (13.55) to Sep. 2023 (10.64). It may suggest that Pokfulam Development Co accelerated paying its suppliers.

Pokfulam Development Co Days Payable Historical Data

The historical data trend for Pokfulam Development 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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Pokfulam Development Co Days Payable Chart

Pokfulam Development Co Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Days Payable

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18.38

20.28

23.07

15.64

10.65

Pokfulam Development Co Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Payable	Get a 7-Day Free Trial															29.96	26.92	13.55	10.34	10.64

Competitive Comparison of Pokfulam Development Co's Days Payable

For the Real Estate Services subindustry, Pokfulam Development 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.

Pokfulam Development Co's Days Payable Distribution in the Real Estate Industry

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

* The bar in red indicates where Pokfulam Development Co's Days Payable falls into.

Pokfulam Development 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.

Pokfulam Development Co's Days Payable for the fiscal year that ended in Sep. 2023 is calculated as

	Days Payable (A: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Sep. 2022 )	+	Accounts Payable (A: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (A: Sep. 2023 )	*	Days in Period
=	( (2.442	+	4.189)	/	2 )	/	113.666	*	365
=	3.3155					/	113.666	*	365
=	10.65

Pokfulam Development Co's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

	Days Payable (Q: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (3.23	+	4.189)	/	2 )	/	63.608	*	365 / 2
=	3.7095					/	63.608	*	365 / 2
=	10.64

Pokfulam Development Co Days Payable Related Terms

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Pokfulam Development Co (HKSE:00225) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Pokfulam Development Co Ltd (HKSE:00225) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

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Address

93-107 Lockhart Road, 23rd Floor, Beverly House, Wanchai, Hong Kong, HKG

Website

https://www.pokfulam.com.hk

Pokfulam Development Co Ltd is a property investment and investment holding company. The company operates mainly in three business segments: Property Investment and Management segment is engaged in the letting and management of commercial industrial and residential properties; Trading of Goods segment is involved in the trading of visual and sound equipment, and home appliances; and Securities Investment segment deals in listed securities. The majority of its revenue is derived from Property Investment and Management. The company's portfolio includes residential developments as well as commercial and industrial buildings. All of its revenues are generated in Hong Kong.

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