Sang Hing Holdings (International) (HKSE:01472) Days Payable : 74.86 (As of Sep. 2023)

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What is Sang Hing Holdings (International) Days Payable?

Sang Hing Holdings (International)'s average Accounts Payable for the six months ended in Sep. 2023 was HK$27.0 Mil. Sang Hing Holdings (International)'s Cost of Goods Sold for the six months ended in Sep. 2023 was HK$65.8 Mil. Hence, Sang Hing Holdings (International)'s Days Payable for the six months ended in Sep. 2023 was 74.86.

The historical rank and industry rank for Sang Hing Holdings (International)'s Days Payable or its related term are showing as below:

HKSE:01472' s Days Payable Range Over the Past 10 Years
Min: 32.54 Med: 45 Max: 74.14
Current: 36

During the past 7 years, Sang Hing Holdings (International)'s highest Days Payable was 74.14. The lowest was 32.54. And the median was 45.00.

HKSE:01472's Days Payable is ranked worse than
83.09% of 1603 companies
in the Construction industry
Industry Median: 73.79 vs HKSE:01472: 36.00

Sang Hing Holdings (International)'s Days Payable increased from Sep. 2022 (40.46) to Sep. 2023 (74.86). It may suggest that Sang Hing Holdings (International) delayed paying its suppliers.

Sang Hing Holdings (International) Days Payable Historical Data

The historical data trend for Sang Hing Holdings (International)'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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Sang Hing Holdings (International) Days Payable Chart

Sang Hing Holdings (International) Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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45.00

39.63

46.56

32.54

42.36

Sang Hing Holdings (International) Semi-Annual Data
	Mar17	Mar18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Payable	Get a 7-Day Free Trial							52.39	28.87	40.46	28.77	74.86

Competitive Comparison of Sang Hing Holdings (International)'s Days Payable

For the Engineering & Construction subindustry, Sang Hing Holdings (International)'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.

Sang Hing Holdings (International)'s Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, Sang Hing Holdings (International)'s Days Payable distribution charts can be found below:

* The bar in red indicates where Sang Hing Holdings (International)'s Days Payable falls into.

Sang Hing Holdings (International) 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.

Sang Hing Holdings (International)'s Days Payable for the fiscal year that ended in Mar. 2023 is calculated as

	Days Payable (A: Mar. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2022 )	+	Accounts Payable (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (35.981	+	38.225)	/	2 )	/	319.726	*	365
=	37.103					/	319.726	*	365
=	42.36

Sang Hing Holdings (International)'s Days Payable for the quarter that ended in Sep. 2023 is calculated as:

	Days Payable (Q: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (38.225	+	15.788)	/	2 )	/	65.841	*	365 / 2
=	27.0065					/	65.841	*	365 / 2
=	74.86

Sang Hing Holdings (International) Days Payable Related Terms

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Sang Hing Holdings (International) (HKSE:01472) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Sang Hing Holdings (International) Ltd (HKSE:01472) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 18 Tin Hau Road, Room 215A-B, 2nd Floor, Central Services Building, Nan Fung Industrial City, Tuen Mun, New Territories, Hong Kong, HKG

Website

https://www.sang-hing.com.hk

Sang Hing Holdings (International) Ltd is an investment holding company engaged in civil engineering works in Hong Kong. The company provides a variety of civil engineering works, including site formation, road and bridge construction, drainage and sewerage construction, water main installation, and slope works.

Sang Hing Holdings (International) (HKSE:01472) Headlines

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