Harbour Centre Development (HKSE:00051) Days Payable : 13.27 (As of Dec. 2023)

View and export this data going back to 1971. Start your Free Trial

What is Harbour Centre Development Days Payable?

Harbour Centre Development's average Accounts Payable for the six months ended in Dec. 2023 was HK$33 Mil. Harbour Centre Development's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$447 Mil. Hence, Harbour Centre Development's Days Payable for the six months ended in Dec. 2023 was 13.27.

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

HKSE:00051' s Days Payable Range Over the Past 10 Years
Min: 1.67 Med: 4.02 Max: 28.82
Current: 15.29

During the past 13 years, Harbour Centre Development's highest Days Payable was 28.82. The lowest was 1.67. And the median was 4.02.

HKSE:00051's Days Payable is ranked worse than
89.81% of 1580 companies
in the Real Estate industry
Industry Median: 99.26 vs HKSE:00051: 15.29

Harbour Centre Development's Days Payable declined from Dec. 2022 (14.44) to Dec. 2023 (13.27). It may suggest that Harbour Centre Development accelerated paying its suppliers.

Harbour Centre Development Days Payable Historical Data

The historical data trend for Harbour Centre Development'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.

Harbour Centre Development Days Payable Chart

Harbour Centre Development Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

28.82

3.58

2.21

13.76

15.71

Harbour Centre Development 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															1.94	12.29	14.44	17.93	13.27

Competitive Comparison of Harbour Centre Development's Days Payable

For the Real Estate - Development subindustry, Harbour Centre Development'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.

Harbour Centre Development's Days Payable Distribution in the Real Estate Industry

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

* The bar in red indicates where Harbour Centre Development's Days Payable falls into.

Harbour Centre Development 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.

Harbour Centre Development'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
=	( (27	+	36)	/	2 )	/	732	*	365
=	31.5					/	732	*	365
=	15.71

Harbour Centre Development'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
=	( (29	+	36)	/	2 )	/	447	*	365 / 2
=	32.5					/	447	*	365 / 2
=	13.27

Harbour Centre Development Days Payable Related Terms

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

Harbour Centre Development (HKSE:00051) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Harbour Centre Development Ltd (HKSE:00051) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

Canton Road, 16th Floor, Ocean Centre, Harbour City, Kowloon, Hong Kong, HKG

Website

http://www.harbourcentre.com.hk

Harbour Centre Development Ltd has engaged in the acquisition, development, design, construction, sales, and marketing of properties in China. The operating business segments are investments, development property, investment property, and hotels. The Development property segment do activities relating to the acquisition, development, design, construction, sales, and marketing of properties in Mainland China. The Investment property segment represents the property leasing of the company's investment properties in Hong Kong. The Hotel segment represents the operations of Marco Polo Hongkong Hotel and Marco Polo Changzhou. It also includes The Murray, which is under construction. Its maximum revenue is driven by the Development property segment and from the Mainland China region.

Executives

Hsbc Trustee (c.i.) Limited	2301 Trustee
Wheelock And Company Limited	2201 Interest of corporation controlled by you
Wharf Real Estate Investment Company Limited	2201 Interest of corporation controlled by you

Harbour Centre Development (HKSE:00051) Headlines

No Headlines