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Greenheart Group (HKSE:00094) Days Payable : 21.54 (As of Dec. 2023)


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What is Greenheart Group Days Payable?

Greenheart Group's average Accounts Payable for the six months ended in Dec. 2023 was HK$14.64 Mil. Greenheart Group's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$124.03 Mil. Hence, Greenheart Group's Days Payable for the six months ended in Dec. 2023 was 21.54.

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

HKSE:00094' s Days Payable Range Over the Past 10 Years
Min: 24.04   Med: 28.6   Max: 42.15
Current: 29.21

During the past 13 years, Greenheart Group's highest Days Payable was 42.15. The lowest was 24.04. And the median was 28.60.

HKSE:00094's Days Payable is ranked worse than
78.93% of 280 companies
in the Forest Products industry
Industry Median: 57.46 vs HKSE:00094: 29.21

Greenheart Group's Days Payable declined from Dec. 2022 (35.89) to Dec. 2023 (21.54). It may suggest that Greenheart Group accelerated paying its suppliers.


Greenheart Group Days Payable Historical Data

The historical data trend for Greenheart Group'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.

Greenheart Group Days Payable Chart

Greenheart Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.32 38.95 42.15 35.75 27.87

Greenheart Group 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 32.46 52.45 35.89 47.92 21.54

Competitive Comparison of Greenheart Group's Days Payable

For the Lumber & Wood Production subindustry, Greenheart Group'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.


Greenheart Group's Days Payable Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Greenheart Group's Days Payable distribution charts can be found below:

* The bar in red indicates where Greenheart Group's Days Payable falls into.



Greenheart Group 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.

Greenheart Group'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
=( (14.287 + 13.418) / 2 ) / 181.425*365
=13.8525 / 181.425*365
=27.87

Greenheart Group'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
=( (15.856 + 13.418) / 2 ) / 124.028*365 / 2
=14.637 / 124.028*365 / 2
=21.54

* 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.


Greenheart Group Days Payable Related Terms

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Greenheart Group (HKSE:00094) Business Description

Traded in Other Exchanges
N/A
Address
No. 77-79 Gloucester Road, 32A, 32th Floor, Fortis Tower, Wanchai, Hong Kong, HKG
Greenheart Group Ltd is an investment holding company. The company, along with its subsidiaries, is engaged in log harvesting, timber processing, marketing and sales of logs and timber products, provision of forest management services and shipping services. It has two reportable segments, Suriname involves the Selective hardwood log harvesting, timber processing, marketing, sale and trading of logs and timber products and the management and operation of forest concessions; and New Zealand involves softwood plantation management, log harvesting, marketing, sale and trading of logs and provision of forest management services. Its majority revenue generating region is New Zealand.
Executives
Cheng Yu Tung Family (holdings) Limited 2201 Interest of corporation controlled by you
Chow Tai Fook (holding) Limited 2201 Interest of corporation controlled by you
Chow Tai Fook Capital Limited 2201 Interest of corporation controlled by you
Cheng Yu Tung Family (holdings Ii) Limited 2201 Interest of corporation controlled by you
Chow Tai Fook Nominee Limited 2201 Interest of corporation controlled by you
Gallant Elite International Limited 2201 Interest of corporation controlled by you
Lai Wing Lun 2104 Agent
Arab Osman Mohammed 2104 Agent
Mak Siu Hang Viola 2201 Interest of corporation controlled by you
Idea Perfect Holdings Limited 2501 Other
Vms Investment Group Limited 2201 Interest of corporation controlled by you
Wu Wai Leung Danny
Hong Kong Genghis Khan Group Limited 2101 Beneficial owner
Ge Jian 2201 Interest of corporation controlled by you
China Forestry Group Corporation 2201 Interest of corporation controlled by you

Greenheart Group (HKSE:00094) Headlines

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