Sunac China Holdings (Sunac China Holdings) Days Payable : 246.81 (As of Dec. 2023)

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What is Sunac China Holdings Days Payable?

Sunac China Holdings's average Accounts Payable for the six months ended in Dec. 2023 was $18,028 Mil. Sunac China Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was $13,330 Mil. Hence, Sunac China Holdings's Days Payable for the six months ended in Dec. 2023 was 246.81.

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

SNCNQ' s Days Payable Range Over the Past 10 Years
Min: 124.16 Med: 175.09 Max: 506.08
Current: 297.05

During the past 13 years, Sunac China Holdings's highest Days Payable was 506.08. The lowest was 124.16. And the median was 175.09.

SNCNQ's Days Payable is ranked better than
79.42% of 1579 companies
in the Real Estate industry
Industry Median: 97.33 vs SNCNQ: 297.05

Sunac China Holdings's Days Payable declined from Dec. 2022 (558.95) to Dec. 2023 (246.81). It may suggest that Sunac China Holdings accelerated paying its suppliers.

Sunac China Holdings Days Payable Historical Data

The historical data trend for Sunac China 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.

* Premium members only.

Sunac China Holdings Days Payable Chart

Sunac China Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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178.81

200.99

232.77

505.60

303.40

Sunac China Holdings 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															194.29	463.62	558.95	367.83	246.81

Competitive Comparison of Sunac China Holdings's Days Payable

For the Real Estate - Development subindustry, Sunac China 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.

Sunac China Holdings's Days Payable Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Sunac China Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Sunac China Holdings's Days Payable falls into.

Sunac China 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.

Sunac China Holdings'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
=	( (17541.804	+	18951.225)	/	2 )	/	21950.874	*	365
=	18246.5145					/	21950.874	*	365
=	303.40

Sunac China Holdings'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
=	( (17104.486	+	18951.225)	/	2 )	/	13330.456	*	365 / 2
=	18027.8555					/	13330.456	*	365 / 2
=	246.81

Sunac China Holdings Days Payable Related Terms

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Sunac China Holdings (Sunac China Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Sunac China Holdings Ltd (GREY:SNCNQ) » Definitions » Days Payable

Traded in Other Exchanges

01918:Hong Kong SCNR:Germany

Address

No.278, Hongqi Road, Building 1, East Side in Hopsca Center International, Nankai District, Tianjin, CHN, 300381

Website

https://www.sunac.com.cn

Property developer Sunac China commenced operations in 2003 and listed on the Hong Kong exchange in 2010. Based in Tianjin, Sunac is geographically well diversified across China like many large-scale listed PRC developers, and into major cities including Shanghai, Beijing, Guangzhou, Shenzhen and Hainan. Sunac is founded by Sun Hongbin, major shareholder and chairman of the company that previously established Sunco Group and adopted a high leverage strategy, which Sunac also then embraced. On top of aggressive asset expansion in recent years, the significant acquisition of a stake in non-related business Leshi Internet, as well as the landmark portfolio acquisition of Dalian Wanda theme park assets on the back of a highly leveraged balance sheet, have also garnered much market attention.

Sunac China Holdings (Sunac China Holdings) Headlines

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