Shin Hwa World (HKSE:00582) Days Payable : 104.66 (As of Dec. 2023)

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What is Shin Hwa World Days Payable?

Shin Hwa World's average Accounts Payable for the six months ended in Dec. 2023 was HK$339 Mil. Shin Hwa World's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$591 Mil. Hence, Shin Hwa World's Days Payable for the six months ended in Dec. 2023 was 104.66.

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: 180.52 Med: 710.9 Max: 12038.65
Current: 189.97

During the past 13 years, Shin Hwa World's highest Days Payable was 12038.65. The lowest was 180.52. And the median was 710.90.

HKSE:00582's Days Payable is ranked better than
81.48% of 756 companies
in the Travel & Leisure industry
Industry Median: 57.71 vs HKSE:00582: 189.97

Shin Hwa World's Days Payable declined from Dec. 2022 (121.32) to Dec. 2023 (104.66). It may suggest that Shin Hwa World accelerated paying its suppliers.

Shin Hwa World Days Payable Historical Data

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.

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Shin Hwa World Days Payable Chart

Shin Hwa World Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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1,829.77

1,326.66

709.07

224.10

180.52

Shin Hwa World Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial															497.46	743.21	121.32	1,253.46	104.66

Competitive Comparison of Shin Hwa World's Days Payable

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's Days Payable Distribution in the 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. 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
=	( (323.397	+	310.923)	/	2 )	/	641.28	*	365
=	317.16					/	641.28	*	365
=	180.52

Shin Hwa World's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (366.958	+	310.923)	/	2 )	/	591.023	*	365 / 2
=	338.9405					/	591.023	*	365 / 2
=	104.66

Shin Hwa World Days Payable Related Terms

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Shin Hwa World (HKSE:00582) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Shin Hwa World Ltd (HKSE:00582) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Nos. 168-200 Connaught Road Central, Units 1412-1413, 14th Floor, China Merchants Tower, Shun Tak Centre, Hong Kong, HKG

Website

http://www.shw.com.hk

Shin Hwa World Ltd is an investment holding company. 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.

Executives

Resplendence Investment Development Limited	2101 Beneficial owner
Zhang Tingting	2201 Interest of corporation controlled by you
Lam Pauline	2101 Beneficial owner
Wealth Millennium Limited	2101 Beneficial owner
Xu Ning	2202 Interest of your spouse
Yang Zhihui	2201 Interest of corporation controlled by you
Lan Ding Guo Ji You Xian Gong Si	2101 Beneficial owner
Tinmark Development Limited
Yao Jianhui

Shin Hwa World (HKSE:00582) Headlines

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