Shangri-La Asia (HKSE:00069) Days Payable : 24.23 (As of Dec. 2023)

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What is Shangri-La Asia Days Payable?

Shangri-La Asia's average Accounts Payable for the six months ended in Dec. 2023 was HK$555 Mil. Shangri-La Asia's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$4,181 Mil. Hence, Shangri-La Asia's Days Payable for the six months ended in Dec. 2023 was 24.23.

The historical rank and industry rank for Shangri-La Asia's Days Payable or its related term are showing as below:

HKSE:00069' s Days Payable Range Over the Past 10 Years
Min: 27.38 Med: 39.37 Max: 48.08
Current: 27.38

During the past 13 years, Shangri-La Asia's highest Days Payable was 48.08. The lowest was 27.38. And the median was 39.37.

HKSE:00069's Days Payable is ranked worse than
75.73% of 750 companies
in the Travel & Leisure industry
Industry Median: 60.1 vs HKSE:00069: 27.38

Shangri-La Asia's Days Payable declined from Dec. 2022 (26.70) to Dec. 2023 (24.23). It may suggest that Shangri-La Asia accelerated paying its suppliers.

Shangri-La Asia Days Payable Historical Data

The historical data trend for Shangri-La Asia'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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Shangri-La Asia Days Payable Chart

Shangri-La Asia Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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32.70

48.08

39.18

34.40

29.71

Shangri-La Asia 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															31.35	34.36	26.70	28.66	24.23

Competitive Comparison of Shangri-La Asia's Days Payable

For the Lodging subindustry, Shangri-La Asia'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.

Shangri-La Asia's Days Payable Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Shangri-La Asia's Days Payable distribution charts can be found below:

* The bar in red indicates where Shangri-La Asia's Days Payable falls into.

Shangri-La Asia 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.

Shangri-La Asia'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
=	( (605.471	+	634.046)	/	2 )	/	7614.93	*	365
=	619.7585					/	7614.93	*	365
=	29.71

Shangri-La Asia'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
=	( (476.34	+	634.046)	/	2 )	/	4180.992	*	365 / 2
=	555.193					/	4180.992	*	365 / 2
=	24.23

Shangri-La Asia Days Payable Related Terms

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Shangri-La Asia (HKSE:00069) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Shangri-La Asia Ltd (HKSE:00069) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

SHALY:USA SHALF:USA S07:Singapore SHN:Germany

Address

683 King's Road, 28th Floor Kerry Centre, Quarry Bay, Hong Kong, HKG

Website

https://www.shangri-la.com

Shangri-La Asia Ltd owns and manages hotels in The People's Republic of China under the brands Shangri-La Hotels, Shangri-La Resorts, Kerry Hotels, Hotel Jen, and Traders Hotels. Other countries in which the group has its presence include Singapore, The Philippines, Malaysia, Thailand, Japan, Australia, and a few Other Countries. Other than hotel operations, the group also engaged in golf course operations in Bali, Indonesia, and wine trading in Hong Kong. Its business is organized into Hotel Properties, Hotel management and Related services, Investment Properties, and Property Development for sales. Revenues are generated from room rental, food and beverage sales, hotel management, Rental revenue from investment properties, and sales of properties.

Shangri-La Asia (HKSE:00069) Headlines

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