Great Eagle Holdings (HKSE:00041) Days Payable : 23.09 (As of Dec. 2023)

View and export this data going back to 1972. Start your Free Trial

What is Great Eagle Holdings Days Payable?

Great Eagle Holdings's average Accounts Payable for the six months ended in Dec. 2023 was HK$412 Mil. Great Eagle Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$3,257 Mil. Hence, Great Eagle Holdings's Days Payable for the six months ended in Dec. 2023 was 23.09.

The historical rank and industry rank for Great Eagle Holdings's Days Payable or its related term are showing as below:

HKSE:00041' s Days Payable Range Over the Past 10 Years
Min: 18.27 Med: 40.21 Max: 87.29
Current: 36.5

During the past 13 years, Great Eagle Holdings's highest Days Payable was 87.29. The lowest was 18.27. And the median was 40.21.

HKSE:00041's Days Payable is ranked worse than
76.79% of 1577 companies
in the Real Estate industry
Industry Median: 96.82 vs HKSE:00041: 36.50

Great Eagle Holdings's Days Payable declined from Dec. 2022 (61.70) to Dec. 2023 (23.09). It may suggest that Great Eagle Holdings accelerated paying its suppliers.

Great Eagle Holdings Days Payable Historical Data

The historical data trend for Great Eagle Holdings'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.

Great Eagle Holdings Days Payable Chart

Great Eagle Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

45.41

49.27

87.29

74.43

40.19

Great Eagle Holdings 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															75.27	82.38	61.70	48.49	23.09

Competitive Comparison of Great Eagle Holdings's Days Payable

For the Real Estate - Diversified subindustry, Great Eagle Holdings'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.

Great Eagle Holdings's Days Payable Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Great Eagle Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Great Eagle Holdings's Days Payable falls into.

Great Eagle Holdings 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.

Great Eagle Holdings'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
=	( (970.084	+	347.052)	/	2 )	/	5980.533	*	365
=	658.568					/	5980.533	*	365
=	40.19

Great Eagle Holdings'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
=	( (477.119	+	347.052)	/	2 )	/	3257.332	*	365 / 2
=	412.0855					/	3257.332	*	365 / 2
=	23.09

Great Eagle Holdings Days Payable Related Terms

Thank you for viewing the detailed overview of Great Eagle Holdings's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Great Eagle Holdings (HKSE:00041) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Great Eagle Holdings Ltd (HKSE:00041) » Definitions » Days Payable

Traded in Other Exchanges

GEAHF:USA GHK:Germany

Address

23 Harbour Road, 33rd Floor, Great Eagle Centre, Wanchai, Hong Kong, HKG

Website

https://www.greateagle.com.hk

Great Eagle Holdings Ltd is an investment holding company. The group along with its subsidiaries is engaged in property development and investment, operations of hotels, restaurants and flexible workspaces, asset management, project management, trading of building materials, securities investment, provision of property management, maintenance and property agency services and property leasing. The company generates a majority of its revenue from Hong Kong.

Great Eagle Holdings (HKSE:00041) Headlines

No Headlines