Sheung Yue Group Holdings (HKSE:01633) Days Payable : 40.88 (As of Sep. 2023)

View and export this data going back to 2016. Start your Free Trial

What is Sheung Yue Group Holdings Days Payable?

Sheung Yue Group Holdings's average Accounts Payable for the six months ended in Sep. 2023 was HK$37.1 Mil. Sheung Yue Group Holdings's Cost of Goods Sold for the six months ended in Sep. 2023 was HK$165.6 Mil. Hence, Sheung Yue Group Holdings's Days Payable for the six months ended in Sep. 2023 was 40.88.

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

HKSE:01633' s Days Payable Range Over the Past 10 Years
Min: 28.36 Med: 61.26 Max: 103.85
Current: 39.1

During the past 10 years, Sheung Yue Group Holdings's highest Days Payable was 103.85. The lowest was 28.36. And the median was 61.26.

HKSE:01633's Days Payable is ranked worse than
80.4% of 1602 companies
in the Construction industry
Industry Median: 73.785 vs HKSE:01633: 39.10

Sheung Yue Group Holdings's Days Payable declined from Sep. 2022 (46.53) to Sep. 2023 (40.88). It may suggest that Sheung Yue Group Holdings accelerated paying its suppliers.

Sheung Yue Group Holdings Days Payable Historical Data

The historical data trend for Sheung Yue Group 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.

Sheung Yue Group Holdings Days Payable Chart

Sheung Yue Group Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

Get a 7-Day Free Trial

47.87

69.04

97.44

103.85

43.48

Sheung Yue Group Holdings Semi-Annual Data
	Mar14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Payable	Get a 7-Day Free Trial														119.06	106.01	46.53	34.60	40.88

Competitive Comparison of Sheung Yue Group Holdings's Days Payable

For the Engineering & Construction subindustry, Sheung Yue Group 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.

Sheung Yue Group Holdings's Days Payable Distribution in the Construction Industry

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

* The bar in red indicates where Sheung Yue Group Holdings's Days Payable falls into.

Sheung Yue Group 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.

Sheung Yue Group Holdings'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
=	( (37.083	+	29.806)	/	2 )	/	280.741	*	365
=	33.4445					/	280.741	*	365
=	43.48

Sheung Yue Group Holdings'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
=	( (29.806	+	44.4)	/	2 )	/	165.619	*	365 / 2
=	37.103					/	165.619	*	365 / 2
=	40.88

Sheung Yue Group Holdings Days Payable Related Terms

Thank you for viewing the detailed overview of Sheung Yue Group Holdings's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Sheung Yue Group Holdings (HKSE:01633) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Sheung Yue Group Holdings Ltd (HKSE:01633) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

9 Science Museum Road, Unit 103-105, 1st Floor, New East Ocean Centre, Tsimshatsui East, Kowloon, Hong Kong, HKG

Website

https://www.simonandsons.com.hk

Sheung Yue Group Holdings Ltd provides foundation service in Hong Kong and Macau. It offers piling construction, excavation, and lateral support works, pile cap construction, site formation, and ancillary services. Majority of the revenue is derived from Hong Kong.

Sheung Yue Group Holdings (HKSE:01633) Headlines

No Headlines