Shanghai Industrial Holdings (Shanghai Industrial Holdings) Days Payable : 184.27 (As of Dec. 2023)

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What is Shanghai Industrial Holdings Days Payable?

Shanghai Industrial Holdings's average Accounts Payable for the six months ended in Dec. 2023 was $1,472 Mil. Shanghai Industrial Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was $1,458 Mil. Hence, Shanghai Industrial Holdings's Days Payable for the six months ended in Dec. 2023 was 184.27.

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

SGHIF' s Days Payable Range Over the Past 10 Years
Min: 77.25 Med: 110.57 Max: 181.06
Current: 181.06

During the past 13 years, Shanghai Industrial Holdings's highest Days Payable was 181.06. The lowest was 77.25. And the median was 110.57.

SGHIF's Days Payable is ranked better than
87.42% of 469 companies
in the Conglomerates industry
Industry Median: 58.24 vs SGHIF: 181.06

Shanghai Industrial Holdings's Days Payable declined from Dec. 2022 (198.82) to Dec. 2023 (184.27). It may suggest that Shanghai Industrial Holdings accelerated paying its suppliers.

Shanghai Industrial Holdings Days Payable Historical Data

The historical data trend for Shanghai Industrial 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.

Shanghai Industrial Holdings Days Payable Chart

Shanghai Industrial Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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127.40

175.43

126.48

114.38

115.55

Shanghai Industrial 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															185.54	207.19	198.82	253.39	184.27

Competitive Comparison of Shanghai Industrial Holdings's Days Payable

For the Conglomerates subindustry, Shanghai Industrial 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.

Shanghai Industrial Holdings's Days Payable Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Shanghai Industrial Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Shanghai Industrial Holdings's Days Payable falls into.

Shanghai Industrial 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.

Shanghai Industrial 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
=	( (845.23	+	768.764)	/	2 )	/	2549.138	*	365
=	806.997					/	2549.138	*	365
=	115.55

Shanghai Industrial 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
=	( (2175.642	+	768.764)	/	2 )	/	1458.052	*	365 / 2
=	1472.203					/	1458.052	*	365 / 2
=	184.27

Shanghai Industrial Holdings Days Payable Related Terms

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Shanghai Industrial Holdings (Shanghai Industrial Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Shanghai Industrial Holdings Ltd (OTCPK:SGHIF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

SGHIY:USA 00363:Hong Kong SGI:Germany

Address

39 Gloucester Road, Wanchai, 26th Floor, Harcourt House, Hong Kong, HKG

Website

http://www.sihl.com.hk

Shanghai Industrial Holdings Ltd is engaged in the real estate sector. It operates in three segments: Infrastructure facilities, which include investment in toll road projects and water-related businesses; Real estate, which is into property development & investment and hotel operation; and Consumer Products, which manufactures and sells cigarettes, packaging materials, and printed products. Its geographical segments are China, Asia, Hong Kong, and others, of which most of its revenue comes from China.

Shanghai Industrial Holdings (Shanghai Industrial Holdings) Headlines

From GuruFocus

Unraveling the Dividend Story of Shanghai Industrial Holdings Ltd (SGHIF)

By GuruFocus Research • 09-22-2023