Kingland Technology Co (SZSE:000711) Days Payable : 6,815.94 (As of Mar. 2024)

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What is Kingland Technology Co Days Payable?

Kingland Technology Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥372.95 Mil. Kingland Technology Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥4.99 Mil. Hence, Kingland Technology Co's Days Payable for the three months ended in Mar. 2024 was 6,815.94.

The historical rank and industry rank for Kingland Technology Co's Days Payable or its related term are showing as below:

SZSE:000711' s Days Payable Range Over the Past 10 Years
Min: 205.21 Med: 377.07 Max: 3764.46
Current: 3764.46

During the past 13 years, Kingland Technology Co's highest Days Payable was 3764.46. The lowest was 205.21. And the median was 377.07.

SZSE:000711's Days Payable is ranked better than
98.35% of 1579 companies
in the Real Estate industry
Industry Median: 101.48 vs SZSE:000711: 3764.46

Kingland Technology Co's Days Payable increased from Mar. 2023 (3,083.17) to Mar. 2024 (6,815.94). It may suggest that Kingland Technology Co delayed paying its suppliers.

Kingland Technology Co Days Payable Historical Data

The historical data trend for Kingland Technology 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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Kingland Technology Co Days Payable Chart

Kingland Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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444.38

607.64

1,184.11

2,539.13

2,360.15

Kingland Technology 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															3,083.17	2,961.58	6,180.57	3,112.70	6,815.94

Competitive Comparison of Kingland Technology Co's Days Payable

For the Real Estate Services subindustry, Kingland Technology 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.

Kingland Technology Co's Days Payable Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Kingland Technology Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Kingland Technology Co's Days Payable falls into.

Kingland Technology 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.

Kingland Technology 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
=	( (1885.344	+	402.554)	/	2 )	/	176.913	*	365
=	1143.949					/	176.913	*	365
=	2,360.15

Kingland Technology 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
=	( (402.554	+	343.353)	/	2 )	/	4.993	*	365 / 4
=	372.9535					/	4.993	*	365 / 4
=	6,815.94

Kingland Technology Co Days Payable Related Terms

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Kingland Technology Co (SZSE:000711) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Kingland Technology Co Ltd (SZSE:000711) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

No. 45 Tianhe Road, Tianlun Building, 25th Floor, Guangzhou, Guangdong, CHN, 510060

Website

http://www.tlzy.com.cn

Kingland Technology Co Ltd specializes in property leasing and management in China.

Executives

Wang Hai Dong	Directors, executives
Li Gui Rong	Executives
Wu Li Ji	Executives
Yin Xiao Dong	Executives
Liu Xin	Directors, executives
Gao Wei	Executives
Guo Yuan Yuan	Executives
Chen Fang Qing	Independent director
Liu Jie	Securities Affairs Representative

Kingland Technology Co (SZSE:000711) Headlines

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