Sun Hung Kai Properties (HKSE:00016) Days Payable

: 42.14 (As of Dec. 2023)

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Sun Hung Kai Properties's average Accounts Payable for the six months ended in Dec. 2023 was HK$3,169 Mil. Sun Hung Kai Properties's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$13,724 Mil. Hence, Sun Hung Kai Properties's Days Payable for the six months ended in Dec. 2023 was 42.14.

The historical rank and industry rank for Sun Hung Kai Properties's Days Payable or its related term are showing as below:

HKSE:00016' s Days Payable Range Over the Past 10 Years
Min: 0.03 Med: 18.36 Max: 32.27
Current: 31.65

During the past 13 years, Sun Hung Kai Properties's highest Days Payable was 32.27. The lowest was 0.03. And the median was 18.36.

HKSE:00016's Days Payable is ranked worse than
80.28% of 1572 companies
in the Real Estate industry
Industry Median: 96.965 vs HKSE:00016: 31.65

Sun Hung Kai Properties's Days Payable declined from Dec. 2022 (44.61) to Dec. 2023 (42.14). It may suggest that Sun Hung Kai Properties accelerated paying its suppliers.

Sun Hung Kai Properties Days Payable Historical Data

The historical data trend for Sun Hung Kai Properties'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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Sun Hung Kai Properties Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Payable

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25.94

25.76

24.86

28.62

32.27

Sun Hung Kai Properties 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															27.13	33.86	44.61	25.65	42.14

Competitive Comparison

For the Real Estate - Development subindustry, Sun Hung Kai Properties'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.

Sun Hung Kai Properties Days Payable Distribution

For the Real Estate industry and Real Estate sector, Sun Hung Kai Properties's Days Payable distribution charts can be found below:

* The bar in red indicates where Sun Hung Kai Properties's Days Payable falls into.

Sun Hung Kai Properties 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.

Sun Hung Kai Properties's Days Payable for the fiscal year that ended in Jun. 2023 is calculated as

	Days Payable (A: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2022 )	+	Accounts Payable (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (3237	+	3259)	/	2 )	/	36737	*	365
=	3248					/	36737	*	365
=	32.27

Sun Hung Kai Properties'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
=	( (3259	+	3079)	/	2 )	/	13724	*	365 / 2
=	3169					/	13724	*	365 / 2
=	42.14

Sun Hung Kai Properties Days Payable Related Terms

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Sun Hung Kai Properties (HKSE:00016) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Sun Hung Kai Properties Ltd (HKSE:00016) » Definitions » Days Payable

Traded in Other Exchanges

SUHJY:USA SUHJF:USA SHG:Germany

Address

30 Harbour Road, 45th Floor, Sun Hung Kai Centre, Hong Kong, HKG

Website

https://www.shkp.com

Sun Hung Kai Properties is a diversified real estate developer in Hong Kong with a core focus on the residential, retail and office real estate segment. Most of its business is based in Hong Kong where it is a leading private housing developer and holds a portfolio of high-quality retail and office assets for rental income. The company also invests in other listed entities, including telecommunication company, SmarTone and data center provider, SUNeVision. The Kwok family is the controlling shareholder, with a stake of more than 40%.

Sun Hung Kai Properties (HKSE:00016) Headlines

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