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Dongguan Development (Holdings) Co (SZSE:000828) Days Payable : 833.29 (As of Mar. 2024)


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What is Dongguan Development (Holdings) Co Days Payable?

Dongguan Development (Holdings) Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥1,354 Mil. Dongguan Development (Holdings) Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥148 Mil. Hence, Dongguan Development (Holdings) Co's Days Payable for the three months ended in Mar. 2024 was 833.29.

The historical rank and industry rank for Dongguan Development (Holdings) Co's Days Payable or its related term are showing as below:

SZSE:000828' s Days Payable Range Over the Past 10 Years
Min: 0.52   Med: 59.59   Max: 236.19
Current: 161.28

During the past 13 years, Dongguan Development (Holdings) Co's highest Days Payable was 236.19. The lowest was 0.52. And the median was 59.59.

SZSE:000828's Days Payable is ranked better than
78.27% of 1606 companies
in the Construction industry
Industry Median: 73.785 vs SZSE:000828: 161.28

Dongguan Development (Holdings) Co's Days Payable increased from Mar. 2023 (429.74) to Mar. 2024 (833.29). It may suggest that Dongguan Development (Holdings) Co delayed paying its suppliers.


Dongguan Development (Holdings) Co Days Payable Historical Data

The historical data trend for Dongguan Development (Holdings) 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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Dongguan Development (Holdings) Co Days Payable Chart

Dongguan Development (Holdings) Co 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 230.10 236.19 59.59 168.05 228.85

Dongguan Development (Holdings) 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 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 429.74 123.33 146.25 206.39 833.29

Competitive Comparison of Dongguan Development (Holdings) Co's Days Payable

For the Infrastructure Operations subindustry, Dongguan Development (Holdings) 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.


Dongguan Development (Holdings) Co's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, Dongguan Development (Holdings) Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Dongguan Development (Holdings) Co's Days Payable falls into.



Dongguan Development (Holdings) 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.

Dongguan Development (Holdings) 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
=( (1811.582 + 2683.733) / 2 ) / 3584.919*365
=2247.6575 / 3584.919*365
=228.85

Dongguan Development (Holdings) 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
=( (2683.733 + 24.991) / 2 ) / 148.31*365 / 4
=1354.362 / 148.31*365 / 4
=833.29

* 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.


Dongguan Development (Holdings) Co Days Payable Related Terms

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Dongguan Development (Holdings) Co (SZSE:000828) Business Description

Traded in Other Exchanges
N/A
Address
No. 55 Guanzhang Road, Dongcheng District, Dongguan, Guangdong, CHN, 523110
Dongguan Development (Holdings) Co Ltd operates as a highway operator in China.

Dongguan Development (Holdings) Co (SZSE:000828) Headlines

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