Skyfame Realty (Holdings) (HKSE:00059) Days Payable: 1,184.81 (As of Jun. 2024)

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HKSE:00059 Skyfame Realty (Holdings) Ltd HKSE:00059
4 GF Score
Price HK$0.01
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What is Skyfame Realty (Holdings) Days Payable?

Skyfame Realty (Holdings) HKSE:00059 4 Days Payable is 1,184.81 as of Jun. 2024. GuruFocus rates HKSE:00059 with a GF Score™ of 4/100.

Skyfame Realty (Holdings)'s average Accounts Payable for the six months ended in Jun. 2024 was HK$3,768 Mil. Skyfame Realty (Holdings)'s Cost of Goods Sold for the six months ended in Jun. 2024 was HK$580 Mil. Hence, Skyfame Realty (Holdings)'s Days Payable for the six months ended in Jun. 2024 was 1,184.81.

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

HKSE:00059's Days Payable is not ranked *
in the Real Estate industry.
Industry Median: 94.76
* Ranked among companies with meaningful Days Payable only.

Skyfame Realty (Holdings)'s Days Payable increased from Jun. 2023 (348.54) to Jun. 2024 (1,184.81). It may suggest that Skyfame Realty (Holdings) delayed paying its suppliers.


Skyfame Realty (Holdings) Days Payable Historical Data

* Premium members only.

The historical data trend for Skyfame Realty (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.

Skyfame Realty (Holdings) Days Payable Chart

Skyfame Realty (Holdings) Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 159.54 171.68 210.70 571.88 664.95

Skyfame Realty (Holdings) Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 777.61 389.69 348.54 1,579.85 1,184.81

Skyfame Realty (Holdings) Days Payable Competitor Comparison

For the Real Estate - Development subindustry, Skyfame Realty (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.


Skyfame Realty (Holdings) Days Payable vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Skyfame Realty (Holdings)'s Days Payable distribution charts can be found below:

* The bar in red indicates where Skyfame Realty (Holdings)'s Days Payable falls into.


HKSE:00059
4GF Score
Skyfame Realty (Holdings) Ltd HKSE:00059
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Skyfame Realty (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.

Skyfame Realty (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
=( (3152.64 + 3686.651) / 2 ) / 1877.088*365
=3419.6455 / 1877.088*365
=664.95

Skyfame Realty (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
=( (3686.651 + 3849.09) / 2 ) / 580.378*365 / 2
=3767.8705 / 580.378*365 / 2
=1,184.81

* 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 1,184.81 mean?
Skyfame Realty (Holdings) (HKSE:00059) has a Days Payable of 1,184.81 as of Jun. 2024. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Skyfame Realty (Holdings) and its competitors.
Is Skyfame Realty (Holdings)'s Days Payable too high?
Skyfame Realty (Holdings)'s current Days Payable is 1,184.81. The Real Estate industry median Days Payable is 94.76. Skyfame Realty (Holdings)'s value of 1,184.81 is 1150.3% above this industry median. Overall, Skyfame Realty (Holdings) has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Skyfame Realty (Holdings)'s Days Payable compare to competitors?
Skyfame Realty (Holdings)'s Days Payable of 1,184.81 can be compared against companies in the Real Estate industry. The industry median Days Payable is 94.76. Skyfame Realty (Holdings)'s value of 1,184.81 is 1150.3% 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 94.76, based on 1,575 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. Skyfame Realty (Holdings)'s current Days Payable of 1,184.81 is 1150.3% 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 Skyfame Realty (Holdings) and its competitors. For the Real Estate industry, the median Days Payable is 94.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Skyfame Realty (Holdings)'s current Days Payable is 1,184.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Skyfame Realty (Holdings) stock overvalued right now?
Skyfame Realty (Holdings) (HKSE:00059) has a current Days Payable of 1,184.81. The current Days Payable is 1,184.81 and 1150.3% above the Real Estate industry median of 94.76. Skyfame Realty (Holdings)'s overall GF Score™ is 4/100. 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 Skyfame Realty (Holdings) (HKSE:00059), the current Days Payable is 1,184.81 as of Jun. 2024. 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.

Skyfame Realty (Holdings) Business Description

Address 8 Linhe Zhong Road, 32nd to 33rd Floors of HNA Tower, Tianhe District, Guangdong Province, Guangzhou, CHN, 510610
Skyfame Realty (Holdings) Ltd is engaged in providing Real estate services. The group focuses on the development of high-end properties with a wide range of property types, including commercial and residential properties, offices, serviced apartments, and hotels. The company reports in the following segments: property development, property investment, property management, and commercial services. The property development segment generates maximum revenue for the company. All of its revenues come from China.
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