China Resources Mixc Lifestyle Services (HKSE:01209) Days Payable : 54.29 (As of Jun. 2023)

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What is China Resources Mixc Lifestyle Services Days Payable?

China Resources Mixc Lifestyle Services's average Accounts Payable for the six months ended in Jun. 2023 was HK$1,477 Mil. China Resources Mixc Lifestyle Services's Cost of Goods Sold for the six months ended in Jun. 2023 was HK$4,966 Mil. Hence, China Resources Mixc Lifestyle Services's Days Payable for the six months ended in Jun. 2023 was 54.29.

The historical rank and industry rank for China Resources Mixc Lifestyle Services's Days Payable or its related term are showing as below:

HKSE:01209' s Days Payable Range Over the Past 10 Years
Min: 22.46 Med: 36.23 Max: 51.3
Current: 51.3

During the past 7 years, China Resources Mixc Lifestyle Services's highest Days Payable was 51.30. The lowest was 22.46. And the median was 36.23.

HKSE:01209's Days Payable is ranked worse than
69.24% of 1570 companies
in the Real Estate industry
Industry Median: 96.765 vs HKSE:01209: 51.30

China Resources Mixc Lifestyle Services's Days Payable increased from Jun. 2022 (50.81) to Jun. 2023 (54.29). It may suggest that China Resources Mixc Lifestyle Services delayed paying its suppliers.

China Resources Mixc Lifestyle Services Days Payable Historical Data

The historical data trend for China Resources Mixc Lifestyle Services'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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China Resources Mixc Lifestyle Services Days Payable Chart

China Resources Mixc Lifestyle Services Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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31.12

41.34

45.27

49.06

52.79

China Resources Mixc Lifestyle Services Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial							42.31	50.81	48.03	54.29	47.50

Competitive Comparison of China Resources Mixc Lifestyle Services's Days Payable

For the Real Estate Services subindustry, China Resources Mixc Lifestyle Services'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.

China Resources Mixc Lifestyle Services's Days Payable Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, China Resources Mixc Lifestyle Services's Days Payable distribution charts can be found below:

* The bar in red indicates where China Resources Mixc Lifestyle Services's Days Payable falls into.

China Resources Mixc Lifestyle Services 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.

China Resources Mixc Lifestyle Services's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (1027.469	+	1495.666)	/	2 )	/	9386.261	*	365
=	1261.5675					/	9386.261	*	365
=	49.06

China Resources Mixc Lifestyle Services's Days Payable for the quarter that ended in Jun. 2023 is calculated as:

	Days Payable (Q: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2022 )	+	Accounts Payable (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (1495.666	+	1458.991)	/	2 )	/	4966.332	*	365 / 2
=	1477.3285					/	4966.332	*	365 / 2
=	54.29

China Resources Mixc Lifestyle Services Days Payable Related Terms

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China Resources Mixc Lifestyle Services (HKSE:01209) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » China Resources Mixc Lifestyle Services Ltd (HKSE:01209) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 9668 Shennan Avenue, 30th Floor, China Resources Land Building, Tower B, Nanshan District, Shenzhen, CHN

Website

https://www.crmixclifestyle.com.cn

China Resources Mixc Lifestyle Services Ltd offers property management services. The business activities of the group function through two business segments namely the residential property management services segment and Commercial operational and property management services segment. Majority of revenue is generated from Commercial operational and property management services segment. The Group provides property management and value-added services to portfolios of residential properties, and also manages and operates a diversified and growing portfolio of commercial properties comprising shopping malls and office buildings. Geographically the company operates through the regions of China.

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