Shenzhen Special Economic Zone Real Estate And Properties (Group) Co (SZSE:000029) Days Payable : 825.76 (As of Mar. 2024)

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What is Shenzhen Special Economic Zone Real Estate And Properties (Group) Co Days Payable?

Shenzhen Special Economic Zone Real Estate And Properties (Group) Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥435.9 Mil. Shenzhen Special Economic Zone Real Estate And Properties (Group) Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥48.2 Mil. Hence, Shenzhen Special Economic Zone Real Estate And Properties (Group) Co's Days Payable for the three months ended in Mar. 2024 was 825.76.

The historical rank and industry rank for Shenzhen Special Economic Zone Real Estate And Properties (Group) Co's Days Payable or its related term are showing as below:

SZSE:000029' s Days Payable Range Over the Past 10 Years
Min: 50.21 Med: 102.53 Max: 388.93
Current: 388.93

During the past 13 years, Shenzhen Special Economic Zone Real Estate And Properties (Group) Co's highest Days Payable was 388.93. The lowest was 50.21. And the median was 102.53.

SZSE:000029's Days Payable is ranked better than
84.24% of 1574 companies
in the Real Estate industry
Industry Median: 96.755 vs SZSE:000029: 388.93

Shenzhen Special Economic Zone Real Estate And Properties (Group) Co's Days Payable increased from Mar. 2023 (385.98) to Mar. 2024 (825.76). It may suggest that Shenzhen Special Economic Zone Real Estate And Properties (Group) Co delayed paying its suppliers.

Shenzhen Special Economic Zone Real Estate And Properties (Group) Co Days Payable Historical Data

The historical data trend for Shenzhen Special Economic Zone Real Estate And Properties (Group) Co'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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Shenzhen Special Economic Zone Real Estate And Properties (Group) Co Days Payable Chart

Shenzhen Special Economic Zone Real Estate And Properties (Group) Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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87.84

95.42

154.95

343.84

360.19

Shenzhen Special Economic Zone Real Estate And Properties (Group) Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															385.98	321.86	505.11	246.14	825.76

Competitive Comparison of Shenzhen Special Economic Zone Real Estate And Properties (Group) Co's Days Payable

For the Real Estate - Diversified subindustry, Shenzhen Special Economic Zone Real Estate And Properties (Group) Co'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.

Shenzhen Special Economic Zone Real Estate And Properties (Group) Co's Days Payable Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Shenzhen Special Economic Zone Real Estate And Properties (Group) Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Shenzhen Special Economic Zone Real Estate And Properties (Group) Co's Days Payable falls into.

Shenzhen Special Economic Zone Real Estate And Properties (Group) Co 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.

Shenzhen Special Economic Zone Real Estate And Properties (Group) Co'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
=	( (434.602	+	443.26)	/	2 )	/	444.798	*	365
=	438.931					/	444.798	*	365
=	360.19

Shenzhen Special Economic Zone Real Estate And Properties (Group) Co's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (443.26	+	428.512)	/	2 )	/	48.167	*	365 / 4
=	435.886					/	48.167	*	365 / 4
=	825.76

Shenzhen Special Economic Zone Real Estate And Properties (Group) Co Days Payable Related Terms

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Shenzhen Special Economic Zone Real Estate And Properties (Group) Co (SZSE:000029) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Shenzhen Special Economic Zone Real Estate And Properties (Group) Co Ltd (SZSE:000029) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

200029:China

Address

No. 3005, Renmin South Road, 45th Floor-48th Floor, Shenfang Plaza, Guangdong, Shenzhen, CHN, 518001

Website

http://www.sfjt.com.cn

Shenzhen Special Economic Zone Real Estate And Properties (Group) Co Ltd is a real estate company. The company is engaged in real estate development and sales, property leasing and management, hotel service and construction and installation services. Its products and services include commodity housing, property leasing and management, hotel service, construction and installation service, and renovation service. The operating business division is a Real estate, Engineering and Construction, Rental services, Property management, and others. It generates maximum revenue from the Real estate division.

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