Zhenro Properties Group (HKSE:06158) Days Payable : 152.75 (As of Dec. 2023)

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What is Zhenro Properties Group Days Payable?

Zhenro Properties Group's average Accounts Payable for the six months ended in Dec. 2023 was HK$17,787 Mil. Zhenro Properties Group's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$21,252 Mil. Hence, Zhenro Properties Group's Days Payable for the six months ended in Dec. 2023 was 152.75.

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

HKSE:06158' s Days Payable Range Over the Past 10 Years
Min: 124.34 Med: 203.38 Max: 378.43
Current: 161.1

During the past 10 years, Zhenro Properties Group's highest Days Payable was 378.43. The lowest was 124.34. And the median was 203.38.

HKSE:06158's Days Payable is ranked better than
64.09% of 1579 companies
in the Real Estate industry
Industry Median: 101.48 vs HKSE:06158: 161.10

Zhenro Properties Group's Days Payable declined from Dec. 2022 (247.03) to Dec. 2023 (152.75). It may suggest that Zhenro Properties Group accelerated paying its suppliers.

Zhenro Properties Group Days Payable Historical Data

The historical data trend for Zhenro Properties 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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Zhenro Properties Group Days Payable Chart

Zhenro Properties Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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176.03

230.73

236.27

286.84

167.89

Zhenro Properties Group Semi-Annual Data
	Dec14	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													208.79	306.05	247.03	163.31	152.75

Competitive Comparison of Zhenro Properties Group's Days Payable

For the Real Estate - Development subindustry, Zhenro Properties 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.

Zhenro Properties Group's Days Payable Distribution in the Real Estate Industry

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

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

Zhenro Properties 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.

Zhenro Properties 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
=	( (17426.307	+	19397.099)	/	2 )	/	40028.162	*	365
=	18411.703					/	40028.162	*	365
=	167.89

Zhenro Properties 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
=	( (16177.335	+	19397.099)	/	2 )	/	21251.501	*	365 / 2
=	17787.217					/	21251.501	*	365 / 2
=	152.75

Zhenro Properties Group Days Payable Related Terms

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Zhenro Properties Group (HKSE:06158) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Zhenro Properties Group Ltd (HKSE:06158) » Definitions » Days Payable

Traded in Other Exchanges

1ZZ:Germany

Address

666 Shenhong Road, 3rd Floor, Building 7, Hongqiao Zhenro Center, Minhang District, Shanghai, CHN

Website

http://www.zhenrodc.com

Zhenro Properties Group Ltd is a China-based holding company principally engaged in real estate development and property leasing. The Company focuses on the development of residential properties, as well as the development, operation, and management of commercial and mixed-use properties. The Company's businesses include property sales, property leasing, management consulting services, property management services, and sales of goods.

Executives

Lin Shuying	2202 Interest of your spouse
Ou Zongrong	2201 Interest of corporation controlled by you
Royue Limited	2101 Beneficial owner
China Orient Asset Management Co., Ltd.	2201 Interest of corporation controlled by you

Zhenro Properties Group (HKSE:06158) Headlines

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