Sunkwan Properties Group (FRA:5YQ) Days Payable: 421.95 (As of Jun. 2023)

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What is Sunkwan Properties Group Days Payable?

Sunkwan Properties Group FRA:5YQ Days Payable is 421.95 as of Jun. 2023.

Sunkwan Properties Group's average Accounts Payable for the six months ended in Jun. 2023 was €261.2 Mil. Sunkwan Properties Group's Cost of Goods Sold for the six months ended in Jun. 2023 was €113.0 Mil. Hence, Sunkwan Properties Group's Days Payable for the six months ended in Jun. 2023 was 421.95.

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

FRA:5YQ's Days Payable is not ranked *
in the Real Estate industry.
Industry Median: 94.03
* Ranked among companies with meaningful Days Payable only.

Sunkwan Properties Group's Days Payable declined from Jun. 2022 (1,061.71) to Jun. 2023 (421.95). It may suggest that Sunkwan Properties Group accelerated paying its suppliers.

Sunkwan Properties Group Days Payable Historical Data

* Premium members only.

The historical data trend for Sunkwan Properties Group'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.

Sunkwan Properties Group Days Payable Chart

Sunkwan Properties Group Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Payable
Get a 7-Day Free Trial 120.91 119.92 103.76 101.91 209.16

Sunkwan Properties Group Semi-Annual Data
Dec17 Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only 284.84 61.56 1,061.71 100.60 421.95

Sunkwan Properties Group Days Payable Competitor Comparison

For the Real Estate - Development subindustry, Sunkwan Properties Group'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.

Sunkwan Properties Group Days Payable vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Sunkwan Properties Group's Days Payable distribution charts can be found below:

* The bar in red indicates where Sunkwan Properties Group's Days Payable falls into.


Sunkwan Properties Group 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.

Sunkwan Properties Group's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

Days Payable (A: Dec. 2022 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2021 ) + Accounts Payable (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (320.173 + 240.779) / 2 ) / 489.463*365
=280.476 / 489.463*365
=209.16

Sunkwan Properties Group's Days Payable for the quarter that ended in Jun. 2023 is calculated as:

Days Payable (Q: Jun. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2022 ) + Accounts Payable (Q: Jun. 2023 )) / count ) / Cost of Goods Sold (Q: Jun. 2023 )*Days in Period
=( (240.779 + 281.568) / 2 ) / 112.961*365 / 2
=261.1735 / 112.961*365 / 2
=421.95

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 421.95 mean?
Sunkwan Properties Group (FRA:5YQ) has a Days Payable of 421.95 as of Jun. 2023. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Sunkwan Properties Group and its competitors.
Is Sunkwan Properties Group's Days Payable too high?
Sunkwan Properties Group's current Days Payable is 421.95. The Real Estate industry median Days Payable is 94.03. Sunkwan Properties Group's value of 421.95 is 348.7% above this industry median.
How does Sunkwan Properties Group's Days Payable compare to competitors?
Sunkwan Properties Group's Days Payable of 421.95 can be compared against companies in the Real Estate industry. The industry median Days Payable is 94.03. Sunkwan Properties Group's value of 421.95 is 348.7% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Real Estate company?
The median Days Payable among Real Estate companies is 94.03, based on 1,571 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Sunkwan Properties Group's current Days Payable of 421.95 is 348.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Sunkwan Properties Group and its competitors. For the Real Estate industry, the median Days Payable is 94.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sunkwan Properties Group's current Days Payable is 421.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sunkwan Properties Group stock overvalued right now?
Sunkwan Properties Group (FRA:5YQ) has a current Days Payable of 421.95. The current Days Payable is 421.95 and 348.7% above the Real Estate industry median of 94.03. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Sunkwan Properties Group (FRA:5YQ), the current Days Payable is 421.95 as of Jun. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Sunkwan Properties Group Business Description

Address No.77, Sunkwan Road, Building T1, Sunkwan Cente, Minhang District, Shanghai, CHN
Sunkwan Properties Group Ltd is engaged in the residential property development and sales. It focuses on the Yangtze River Delta Economic Zone and expanding to the Pearl River Delta Economic Zone and the Mid-China Core Economic Region.