Sky Light Holdings (FRA:27L) Days Payable : 88.36 (As of Jun. 2024)

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What is Sky Light Holdings Days Payable?

Sky Light Holdings's average Accounts Payable for the six months ended in Jun. 2024 was €6.32 Mil. Sky Light Holdings's Cost of Goods Sold for the six months ended in Jun. 2024 was €13.05 Mil. Hence, Sky Light Holdings's Days Payable for the six months ended in Jun. 2024 was 88.36.

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

FRA:27L' s Days Payable Range Over the Past 10 Years
Min: 36.76 Med: 90.67 Max: 138.38
Current: 89.82

During the past 11 years, Sky Light Holdings's highest Days Payable was 138.38. The lowest was 36.76. And the median was 90.67.

FRA:27L's Days Payable is ranked better than
71.51% of 916 companies
in the Business Services industry
Industry Median: 45.96 vs FRA:27L: 89.82

Sky Light Holdings's Days Payable declined from Jun. 2023 (99.78) to Jun. 2024 (88.36). It may suggest that Sky Light Holdings accelerated paying its suppliers.

Sky Light Holdings Days Payable Historical Data

The historical data trend for Sky Light 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.

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Sky Light Holdings Days Payable Chart

Sky Light Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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119.91

74.19

93.40

94.05

99.94

Sky Light Holdings Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Days Payable	Get a 7-Day Free Trial															111.19	99.78	91.33	88.36	78.06

Competitive Comparison of Sky Light Holdings's Days Payable

For the Security & Protection Services subindustry, Sky Light 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.

Sky Light Holdings's Days Payable Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Sky Light Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Sky Light Holdings's Days Payable falls into.

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Sky Light 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.

Sky Light 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
=	( (7.877	+	7.601)	/	2 )	/	30.034	*	365
=	7.739					/	30.034	*	365
=	94.05

Sky Light Holdings's Days Payable for the quarter that ended in Jun. 2024 is calculated as:

	Days Payable (Q: Jun. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
=	( (7.601	+	5.039)	/	2 )	/	13.054	*	365 / 2
=	6.32					/	13.054	*	365 / 2
=	88.36

Sky Light Holdings Days Payable Related Terms

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Sky Light Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Sky Light Holdings Ltd (FRA:27L) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

03882:Hong Kong

Address

Xinsha Road, Building No. 8 & 1-2/FL, Building No. 9,Antuoshan High-tech Industrial Park, Shajing, Bao’An,, Shenzhen, CHN, 518104

Website

http://www.sky-light.com.hk

Sky Light Holdings Ltd, along with its subsidiaries, is engaged in the manufacture and distribution of home surveillance cameras, digital imaging products, and other electronic products. It focuses on the sale, development, and manufacture of imaging products that comprise home surveillance cameras, action cameras, and related accessories and other digital imaging products and engages in the sale, and development of cameras under its own brands. Geographically, it operates in the United States, which is the key revenue driver, Mainland China, European Union, and Hong kong, among others.

Sky Light Holdings Headlines

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