SG Group Holdings (HKSE:01657) Days Payable : 22.14 (As of Oct. 2023)

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What is SG Group Holdings Days Payable?

SG Group Holdings's average Accounts Payable for the six months ended in Oct. 2023 was HK$9.5 Mil. SG Group Holdings's Cost of Goods Sold for the six months ended in Oct. 2023 was HK$78.5 Mil. Hence, SG Group Holdings's Days Payable for the six months ended in Oct. 2023 was 22.14.

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

HKSE:01657' s Days Payable Range Over the Past 10 Years
Min: 17.21 Med: 30.67 Max: 64.82
Current: 18.32

During the past 9 years, SG Group Holdings's highest Days Payable was 64.82. The lowest was 17.21. And the median was 30.67.

HKSE:01657's Days Payable is ranked worse than
86.57% of 1080 companies
in the Retail - Cyclical industry
Industry Median: 56.675 vs HKSE:01657: 18.32

SG Group Holdings's Days Payable declined from Oct. 2022 (26.17) to Oct. 2023 (22.14). It may suggest that SG Group Holdings accelerated paying its suppliers.

SG Group Holdings Days Payable Historical Data

The historical data trend for SG Group Holdings'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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SG Group Holdings Days Payable Chart

SG Group Holdings Annual Data

Trend

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Days Payable

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43.91

42.27

64.82

30.67

31.70

SG Group Holdings Semi-Annual Data
	Apr15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
Days Payable	Get a 7-Day Free Trial												45.80	24.99	26.17	21.28	22.14

Competitive Comparison of SG Group Holdings's Days Payable

For the Apparel Retail subindustry, SG Group Holdings'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.

SG Group Holdings's Days Payable Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, SG Group Holdings's Days Payable distribution charts can be found below:

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

SG Group Holdings 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.

SG Group Holdings's Days Payable for the fiscal year that ended in Apr. 2023 is calculated as

	Days Payable (A: Apr. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Apr. 2022 )	+	Accounts Payable (A: Apr. 2023 ))	/	count )	/	Cost of Goods Sold (A: Apr. 2023 )	*	Days in Period
=	( (8.673	+	14.029)	/	2 )	/	130.689	*	365
=	11.351					/	130.689	*	365
=	31.70

SG Group Holdings's Days Payable for the quarter that ended in Oct. 2023 is calculated as:

	Days Payable (Q: Oct. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Apr. 2023 )	+	Accounts Payable (Q: Oct. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Oct. 2023 )	*	Days in Period
=	( (14.029	+	5.015)	/	2 )	/	78.482	*	365 / 2
=	9.522					/	78.482	*	365 / 2
=	22.14

SG Group Holdings Days Payable Related Terms

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SG Group Holdings (HKSE:01657) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » SG Group Holdings Ltd (HKSE:01657) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-7 Wah Sing Street, Unit B, 9th Floor, Mai Wah Industrial Building, Kwai Chung, New Territories, Hong Kong, HKG

Website

http://www.jcfash.com

SG Group Holdings Ltd is an investment holding company. The company's operating segment includes Supply of Apparel Products and Consultation Services. The company generates maximum revenue from the Supply of Apparel Products segment which is engaged in the supply of apparel products with designing and sourcing services to fashion retailers. The company earns revenue from Womenswear, Childrenswear, and Menswear products. Geographically, it derives a majority of its revenue from the United Kingdom and also has a presence in the PRC, Germany, the United States of America, Hong Kong, Ireland, the Middle East, and Other Countries.

SG Group Holdings (HKSE:01657) Headlines

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