Dexin Services Group (HKSE:02215) Days Payable : 67.06 (As of Dec. 2023)

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What is Dexin Services Group Days Payable?

Dexin Services Group's average Accounts Payable for the six months ended in Dec. 2023 was HK$161 Mil. Dexin Services Group's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$438 Mil. Hence, Dexin Services Group's Days Payable for the six months ended in Dec. 2023 was 67.06.

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

HKSE:02215' s Days Payable Range Over the Past 10 Years
Min: 46 Med: 47.34 Max: 75.56
Current: 69.7

During the past 6 years, Dexin Services Group's highest Days Payable was 75.56. The lowest was 46.00. And the median was 47.34.

HKSE:02215's Days Payable is ranked worse than
59.42% of 1577 companies
in the Real Estate industry
Industry Median: 97.02 vs HKSE:02215: 69.70

Dexin Services Group's Days Payable increased from Dec. 2022 (54.57) to Dec. 2023 (67.06). It may suggest that Dexin Services Group delayed paying its suppliers.

Dexin Services Group Days Payable Historical Data

The historical data trend for Dexin Services 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.

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Dexin Services Group Days Payable Chart

Dexin Services Group Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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47.60

46.31

47.07

57.45

75.56

Dexin Services Group Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial					52.12	49.23	54.57	66.43	67.06

Competitive Comparison of Dexin Services Group's Days Payable

For the Real Estate Services subindustry, Dexin Services 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.

Dexin Services Group's Days Payable Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Dexin Services Group's Days Payable distribution charts can be found below:

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

Dexin Services 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.

Dexin Services 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
=	( (135.068	+	195.295)	/	2 )	/	797.956	*	365
=	165.1815					/	797.956	*	365
=	75.56

Dexin Services 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
=	( (126.775	+	195.295)	/	2 )	/	438.27	*	365 / 2
=	161.035					/	438.27	*	365 / 2
=	67.06

Dexin Services Group Days Payable Related Terms

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Dexin Services Group (HKSE:02215) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Dexin Services Group Ltd (HKSE:02215) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 2008-2010, Jinchang Road, Liangzhu Street, Room 488, Building 2, Zhejiang Province, Hangzhou, CHN

Website

https://www.dexinfuwu.com

Dexin Services Group Ltd is a property management service provider in Zhejiang province. It provides a wide range of services for both residential and non-residential properties through three business lines, namely, property management services, value-added services to non-property owners, and community value-added services.

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