Shin Hwa World (HKSE:00582) Days Payable: 138.60 (As of Dec. 2025) — 44% Below Median

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What is Shin Hwa World Days Payable?

Shin Hwa World HKSE:00582 Days Payable is 138.60 as of Dec. 2025, which is 44% below its 10-year median of 248.80. The stock has 2 warning signs investors should review. Among 776 Travel & Leisure companies, Shin Hwa World ranks better than 77.96% on this metric.

Shin Hwa World's average Accounts Payable for the six months ended in Dec. 2025 was HK$244.2 Mil. Shin Hwa World's Cost of Goods Sold for the six months ended in Dec. 2025 was HK$321.5 Mil. Hence, Shin Hwa World's Days Payable for the six months ended in Dec. 2025 was 138.60.

The historical rank and industry rank for Shin Hwa World's Days Payable or its related term are showing as below:

HKSE:00582' s Days Payable Range Over the Past 10 Years
Min: 138.34   Med: 248.8   Max: 696.97
Current: 142.83

During the past 13 years, Shin Hwa World's highest Days Payable was 696.97. The lowest was 138.34. And the median was 248.80.

HKSE:00582's Days Payable is ranked better than
77.96% of 776 companies
in the Travel & Leisure industry
Industry Median: 56.365 vs HKSE:00582: 142.83

Shin Hwa World's Days Payable declined from Dec. 2024 (151.45) to Dec. 2025 (138.60). It may suggest that Shin Hwa World accelerated paying its suppliers.


Shin Hwa World Days Payable Historical Data

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The historical data trend for Shin Hwa World'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.

Shin Hwa World Days Payable Chart

Shin Hwa World Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 227.80 225.40 173.34 156.08 138.34

Shin Hwa World Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 169.54 172.32 151.45 152.08 138.60

HKSE:00582 vs LVS, MGM, WYNN: Days Payable Comparison

For the Resorts & Casinos subindustry, Shin Hwa World'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.


Shin Hwa World Days Payable vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Shin Hwa World's Days Payable distribution charts can be found below:

* The bar in red indicates where Shin Hwa World's Days Payable falls into.



Shin Hwa World 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.

Shin Hwa World's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as

Days Payable (A: Dec. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2024 ) + Accounts Payable (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (238.038 + 231.031) / 2 ) / 618.788*365
=234.5345 / 618.788*365
=138.34

Shin Hwa World's Days Payable for the quarter that ended in Dec. 2025 is calculated as:

Days Payable (Q: Dec. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2025 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (257.356 + 231.031) / 2 ) / 321.549*365 / 2
=244.1935 / 321.549*365 / 2
=138.60

* 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 138.60 mean?
Shin Hwa World (HKSE:00582) has a Days Payable of 138.60 as of Dec. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Shin Hwa World and its competitors. This is 44% below median its historical median of 248.80. Over the past decade, Shin Hwa World's Days Payable has ranged from 138.34 to 696.97. According to the industry distribution chart, Shin Hwa World ranks #171 out of 776 companies in the Travel & Leisure industry, placing it in the top 22%.
Is Shin Hwa World's Days Payable too high?
Shin Hwa World's current Days Payable of 138.60 is 44% below median its 10-year median of 248.80. Over the past 10 years, this metric has ranged from a low of 138.34 to a high of 696.97. The Travel & Leisure industry median Days Payable is 56.37. Shin Hwa World's value of 138.60 is 145.9% above this industry median. Based on the distribution chart, Shin Hwa World ranks #171 out of 776 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers.
How does Shin Hwa World's Days Payable compare to LVS and MGM?
According to the Travel & Leisure industry distribution chart, Shin Hwa World ranks #171 out of 776 companies for Days Payable. This places Shin Hwa World in the top 22% of its industry — outperforming the majority of peers. The industry median Days Payable is 56.37. Shin Hwa World's value of 138.60 is 145.9% above this benchmark. Historically, Shin Hwa World's own Days Payable has ranged from 138.34 to 696.97 over the past decade. While the company's 10-year median is 248.80 vs. the industry median of 56.37, Shin Hwa World has consistently been above the industry average. 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 Travel & Leisure company?
The median Days Payable among Travel & Leisure companies is 56.37, based on 776 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. Shin Hwa World's current Days Payable of 138.60 is 145.9% 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 Shin Hwa World and its competitors. For the Travel & Leisure industry, the median Days Payable is 56.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shin Hwa World's current Days Payable is 138.60, which is 44% below median its own 10-year median of 248.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shin Hwa World stock overvalued right now?
Based on GuruFocus' analysis, Shin Hwa World (HKSE:00582) is currently considered Fairly Valued. The stock's GF Value™ is HK$0.07, compared to a current price of HK$0.07 — trading right at its estimated fair value. The current Days Payable is 138.60, which is 44% below median its 10-year median of 248.80 and 145.9% above the Travel & Leisure industry median of 56.37. 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 Shin Hwa World (HKSE:00582), the current Days Payable is 138.60 as of Dec. 2025. 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.

Shin Hwa World Business Description

Address Nos. 168-200 Connaught Road Central, Units 1412-1413, 14th Floor, China Merchants Tower, Shun Tak Centre, Hong Kong, HKG
Shin Hwa World Ltd is an investment holding company. It is engaged in development and operation of an iconic world-class integrated leisure and entertainment resort, offering various facilities, including casinos, luxurious hotels, exhibition centres, theme parks, attractions, international catering, spaces for retail business and property development. The company's operating segment includes Integrated Resort Development, Gaming Business, and Property Development. It generates maximum revenue from the Integrated Resort Development segment, which develops and operates integrated leisure and entertainment resorts. Geographically, it derives revenue from South Korea, followed by Hong Kong.