Sky Chinafortune Holdings Group (HKSE:00141) Days Payable : 10.02 (As of Jun. 2022)

View and export this data going back to 1973. Start your Free Trial

What is Sky Chinafortune Holdings Group Days Payable?

Sky Chinafortune Holdings Group's average Accounts Payable for the six months ended in Jun. 2022 was HK$0.32 Mil. Sky Chinafortune Holdings Group's Cost of Goods Sold for the six months ended in Jun. 2022 was HK$5.91 Mil. Hence, Sky Chinafortune Holdings Group's Days Payable for the six months ended in Jun. 2022 was 10.02.

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

HKSE:00141's Days Payable is not ranked ^*
in the Real Estate industry.
Industry Median: 98.87
* Ranked among companies with meaningful Days Payable only.

Sky Chinafortune Holdings Group's Days Payable declined from Jun. 2021 (13.64) to Jun. 2022 (10.02). It may suggest that Sky Chinafortune Holdings Group accelerated paying its suppliers.

Sky Chinafortune Holdings Group Days Payable Historical Data

The historical data trend for Sky Chinafortune Holdings 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.

* Premium members only.

Sky Chinafortune Holdings Group Days Payable Chart

Sky Chinafortune Holdings Group Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Days Payable

Get a 7-Day Free Trial

3,178.84

2.26

5.90

Sky Chinafortune Holdings Group Semi-Annual Data
	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22
Days Payable	Get a 7-Day Free Trial															-	1.65	13.64	13.96	10.02

Competitive Comparison of Sky Chinafortune Holdings Group's Days Payable

For the Real Estate Services subindustry, Sky Chinafortune Holdings 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.

Sky Chinafortune Holdings Group's Days Payable Distribution in the Real Estate Industry

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

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

Sky Chinafortune Holdings 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.

Sky Chinafortune Holdings Group's Days Payable for the fiscal year that ended in Dec. 2021 is calculated as

	Days Payable (A: Dec. 2021 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2020 )	+	Accounts Payable (A: Dec. 2021 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2021 )	*	Days in Period
=	( (0.123	+	0.584)	/	2 )	/	21.862	*	365
=	0.3535					/	21.862	*	365
=	5.90

Sky Chinafortune Holdings Group's Days Payable for the quarter that ended in Jun. 2022 is calculated as:

	Days Payable (Q: Jun. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2021 )	+	Accounts Payable (Q: Jun. 2022 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2022 )	*	Days in Period
=	( (0.584	+	0.065)	/	2 )	/	5.91	*	365 / 2
=	0.3245					/	5.91	*	365 / 2
=	10.02

Sky Chinafortune Holdings Group Days Payable Related Terms

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

Sky Chinafortune Holdings Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Sky Chinafortune Holdings Group Ltd (HKSE:00141) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

16-18 Queen’s Road Central, Room 1512, 15th Floor, New World Tower 1, Hong Kong, HKG

Website

http://www.skychinafortune.com

Sky Chinafortune Holdings Group Ltd is an investment holding company. It operates in three segments: Property investment, which includes leasing of properties situated in China; Trading of properties & property-related services, which is into the sale of properties situated in China, including the short-term leasing of properties held for sales and the provision of property-related services; and Retail business segment is into the sale of Chinese liquor and wine, and everyday items and ready-cooked food in the PRC. The majority of its revenue comes from the Property investment segment. The group has operations in the PRC.

Executives

Jiang Jiabao	2101 Beneficial owner
Jiang Tian	2101 Beneficial owner
Hopevision Group Ltd.	2101 Beneficial owner
Shanghai Chongsheng Investment Management Co., Ltd.	2201 Interest of corporation controlled by you

Sky Chinafortune Holdings Group Headlines

No Headlines