Shenguan Holdings Group (HKSE:00829) Days Payable : 32.76 (As of Dec. 2023)

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What is Shenguan Holdings Group Days Payable?

Shenguan Holdings Group's average Accounts Payable for the six months ended in Dec. 2023 was HK$93 Mil. Shenguan Holdings Group's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$521 Mil. Hence, Shenguan Holdings Group's Days Payable for the six months ended in Dec. 2023 was 32.76.

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

HKSE:00829' s Days Payable Range Over the Past 10 Years
Min: 29.04 Med: 36.99 Max: 60.17
Current: 33.37

During the past 13 years, Shenguan Holdings Group's highest Days Payable was 60.17. The lowest was 29.04. And the median was 36.99.

HKSE:00829's Days Payable is ranked worse than
66.5% of 1788 companies
in the Consumer Packaged Goods industry
Industry Median: 45.795 vs HKSE:00829: 33.37

Shenguan Holdings Group's Days Payable increased from Dec. 2022 (27.97) to Dec. 2023 (32.76). It may suggest that Shenguan Holdings Group delayed paying its suppliers.

Shenguan Holdings Group Days Payable Historical Data

The historical data trend for Shenguan Holdings 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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Shenguan Holdings Group Days Payable Chart

Shenguan Holdings Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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32.05

51.67

37.38

29.04

36.60

Shenguan Holdings Group 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															18.96	32.14	27.97	30.72	32.76

Competitive Comparison of Shenguan Holdings Group's Days Payable

For the Packaged Foods subindustry, Shenguan Holdings 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.

Shenguan Holdings Group's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Shenguan Holdings Group's Days Payable distribution charts can be found below:

* The bar in red indicates where Shenguan Holdings Group's Days Payable falls into.

Shenguan Holdings 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.

Shenguan Holdings 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
=	( (94.924	+	111.191)	/	2 )	/	1027.666	*	365
=	103.0575					/	1027.666	*	365
=	36.60

Shenguan Holdings 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
=	( (75.762	+	111.191)	/	2 )	/	520.692	*	365 / 2
=	93.4765					/	520.692	*	365 / 2
=	32.76

Shenguan Holdings Group Days Payable Related Terms

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Shenguan Holdings Group (HKSE:00829) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Shenguan Holdings Group Ltd (HKSE:00829) » Definitions » Days Payable

Traded in Other Exchanges

S2N:Germany

Address

255–257 Gloucester Road, Unit 2902, Sino Plaza, Causeway Bay, Hong Kong, HKG

Website

http://www.shenguan.com.hk

Shenguan Holdings Group Ltd is an investment holding company. It is engaged in the manufacture and sale of edible collagen sausage casing products, pharmaceutical products, food products, skincare and health care products, and bioactive collagen products. The company generates a majority of its revenue from edible collagen sausage casing products. Geographically, the firm generates a majority of its revenue from the People's Republic of China.

Shenguan Holdings Group (HKSE:00829) Headlines

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