Sinotruk (Hong Kong) (Sinotruk (Hong Kong)) Days Payable : 195.80 (As of Jun. 2023)

View and export this data going back to 2008. Start your Free Trial

What is Sinotruk (Hong Kong) Days Payable?

Sinotruk (Hong Kong)'s average Accounts Payable for the six months ended in Jun. 2023 was $5,149 Mil. Sinotruk (Hong Kong)'s Cost of Goods Sold for the six months ended in Jun. 2023 was $4,799 Mil. Hence, Sinotruk (Hong Kong)'s Days Payable for the six months ended in Jun. 2023 was 195.80.

The historical rank and industry rank for Sinotruk (Hong Kong)'s Days Payable or its related term are showing as below:

SHKLY' s Days Payable Range Over the Past 10 Years
Min: 105.42 Med: 167.68 Max: 275.23
Current: 205.15

During the past 13 years, Sinotruk (Hong Kong)'s highest Days Payable was 275.23. The lowest was 105.42. And the median was 167.68.

SHKLY's Days Payable is ranked better than
87.8% of 205 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 70.05 vs SHKLY: 205.15

Sinotruk (Hong Kong)'s Days Payable declined from Jun. 2022 (272.71) to Jun. 2023 (195.80). It may suggest that Sinotruk (Hong Kong) accelerated paying its suppliers.

Sinotruk (Hong Kong) Days Payable Historical Data

The historical data trend for Sinotruk (Hong Kong)'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.

* Premium members only.

Sinotruk (Hong Kong) Days Payable Chart

Sinotruk (Hong Kong) Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

173.25

181.49

213.17

274.97

206.54

Sinotruk (Hong Kong) Semi-Annual Data
	Jun14	Dec14	Jun15	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															353.83	272.71	243.87	195.80	213.00

Competitive Comparison of Sinotruk (Hong Kong)'s Days Payable

For the Farm & Heavy Construction Machinery subindustry, Sinotruk (Hong Kong)'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.

Sinotruk (Hong Kong)'s Days Payable Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Sinotruk (Hong Kong)'s Days Payable distribution charts can be found below:

* The bar in red indicates where Sinotruk (Hong Kong)'s Days Payable falls into.

Sinotruk (Hong Kong) 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.

Sinotruk (Hong Kong)'s Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (5884.251	+	4765.173)	/	2 )	/	7068.198	*	365
=	5324.712					/	7068.198	*	365
=	274.97

Sinotruk (Hong Kong)'s Days Payable for the quarter that ended in Jun. 2023 is calculated as:

	Days Payable (Q: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2022 )	+	Accounts Payable (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (4765.173	+	5531.952)	/	2 )	/	4798.952	*	365 / 2
=	5148.5625					/	4798.952	*	365 / 2
=	195.80

Sinotruk (Hong Kong) Days Payable Related Terms

Thank you for viewing the detailed overview of Sinotruk (Hong Kong)'s Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Sinotruk (Hong Kong) (Sinotruk (Hong Kong)) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Sinotruk (Hong Kong) Ltd (OTCPK:SHKLY) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

SHKLF:USA 03808:Hong Kong 4SK:Germany

Address

No. 777 Hua’ao Road, Sinotruk Tower, Innovation Zone, Gaoxin District, Shandong Province, Ji’nan, CHN, 250101

Website

http://www.sinotruk.com

Sinotruk (Hong Kong) Ltd is an investment holding company. The company manages its business in four segments: Heavy Duty Trucks, which includes manufacture and sale of heavy-duty trucks, medium-heavy duty trucks, and related components; Light Duty Trucks & Others, which manufacture and sell of light-duty trucks, buses, etc. and related components; Engines segment manufactures engines & related parts; and Finance Segment. The vast majority of its revenue comes from the Heavy-duty trucks segment. Its geographical segments are Mainland China and Overseas.

Sinotruk (Hong Kong) (Sinotruk (Hong Kong)) Headlines

No Headlines