South Shore Holdings (South Shore Holdings) Days Payable : 66.96 (As of Sep. 2020)

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What is South Shore Holdings Days Payable?

South Shore Holdings's average Accounts Payable for the six months ended in Sep. 2020 was $238 Mil. South Shore Holdings's Cost of Goods Sold for the six months ended in Sep. 2020 was $650 Mil. Hence, South Shore Holdings's Days Payable for the six months ended in Sep. 2020 was 66.96.

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

LOUIF's Days Payable is not ranked ^*
in the Construction industry.
Industry Median: 75.99
* Ranked among companies with meaningful Days Payable only.

South Shore Holdings's Days Payable increased from Sep. 2019 (59.21) to Sep. 2020 (66.96). It may suggest that South Shore Holdings delayed paying its suppliers.

South Shore Holdings Days Payable Historical Data

The historical data trend for South Shore 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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South Shore Holdings Days Payable Chart

South Shore Holdings Annual Data

Trend

Mar11

Mar12

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Days Payable

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184.02

129.99

79.40

58.16

53.11

South Shore Holdings Semi-Annual Data
	Mar11	Sep11	Mar12	Sep12	Mar13	Sep13	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20
Days Payable	Get a 7-Day Free Trial															62.16	53.58	59.21	54.15	66.96

Competitive Comparison of South Shore Holdings's Days Payable

For the Engineering & Construction subindustry, South Shore 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.

South Shore Holdings's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, South Shore Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where South Shore Holdings's Days Payable falls into.

South Shore 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.

South Shore Holdings's Days Payable for the fiscal year that ended in Mar. 2020 is calculated as

	Days Payable (A: Mar. 2020 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2019 )	+	Accounts Payable (A: Mar. 2020 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2020 )	*	Days in Period
=	( (203.346	+	208.267)	/	2 )	/	1414.394	*	365
=	205.8065					/	1414.394	*	365
=	53.11

South Shore Holdings's Days Payable for the quarter that ended in Sep. 2020 is calculated as:

	Days Payable (Q: Sep. 2020 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2020 )	+	Accounts Payable (Q: Sep. 2020 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2020 )	*	Days in Period
=	( (208.267	+	268.356)	/	2 )	/	649.509	*	365 / 2
=	238.3115					/	649.509	*	365 / 2
=	66.96

South Shore Holdings Days Payable Related Terms

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South Shore Holdings (South Shore Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » South Shore Holdings Ltd (OTCPK:LOUIF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

250 Hennessy Road, 33rd Floor, 250 Hennessy, Wanchai, Hong Kong, HKG

Website

http://www.southshore-holdings.com

South Shore Holdings Ltd is an investment holding company. The company's operating segment include Management contracting; Property development management; Property investment and Hotel operation. It generates maximum revenue from the Management contracting segment. Management contracting segment is engaged in the building construction and civil engineering. Geographically, it derives a majority of revenue from Hong Kong and also has a presence in Macau, PRC and Singapore and Malaysia.

South Shore Holdings (South Shore Holdings) Headlines

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