Hong Kong Shanghai Alliance Holdings (HKSE:01001) Days Payable : 29.05 (As of Mar. 2024)

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What is Hong Kong Shanghai Alliance Holdings Days Payable?

Hong Kong Shanghai Alliance Holdings's average Accounts Payable for the six months ended in Mar. 2024 was HK$140 Mil. Hong Kong Shanghai Alliance Holdings's Cost of Goods Sold for the six months ended in Mar. 2024 was HK$881 Mil. Hence, Hong Kong Shanghai Alliance Holdings's Days Payable for the six months ended in Mar. 2024 was 29.05.

The historical rank and industry rank for Hong Kong Shanghai Alliance Holdings's Days Payable or its related term are showing as below:

HKSE:01001' s Days Payable Range Over the Past 10 Years
Min: 12.15 Med: 30.08 Max: 50.45
Current: 30.72

During the past 13 years, Hong Kong Shanghai Alliance Holdings's highest Days Payable was 50.45. The lowest was 12.15. And the median was 30.08.

HKSE:01001's Days Payable is ranked worse than
64.01% of 603 companies
in the Steel industry
Industry Median: 40.15 vs HKSE:01001: 30.72

Hong Kong Shanghai Alliance Holdings's Days Payable declined from Mar. 2023 (37.84) to Mar. 2024 (29.05). It may suggest that Hong Kong Shanghai Alliance Holdings accelerated paying its suppliers.

Hong Kong Shanghai Alliance Holdings Days Payable Historical Data

The historical data trend for Hong Kong Shanghai Alliance 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.

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Hong Kong Shanghai Alliance Holdings Days Payable Chart

Hong Kong Shanghai Alliance Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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31.19

41.33

50.20

50.45

28.97

Hong Kong Shanghai Alliance Holdings Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Days Payable	Get a 7-Day Free Trial															42.63	54.12	37.84	33.77	29.05

Competitive Comparison of Hong Kong Shanghai Alliance Holdings's Days Payable

For the Steel subindustry, Hong Kong Shanghai Alliance 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.

Hong Kong Shanghai Alliance Holdings's Days Payable Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Hong Kong Shanghai Alliance Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Hong Kong Shanghai Alliance Holdings's Days Payable falls into.

Hong Kong Shanghai Alliance 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.

Hong Kong Shanghai Alliance Holdings's Days Payable for the fiscal year that ended in Mar. 2024 is calculated as

	Days Payable (A: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2023 )	+	Accounts Payable (A: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2024 )	*	Days in Period
=	( (204.056	+	100.579)	/	2 )	/	1919.099	*	365
=	152.3175					/	1919.099	*	365
=	28.97

Hong Kong Shanghai Alliance Holdings's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (179.994	+	100.579)	/	2 )	/	881.264	*	365 / 2
=	140.2865					/	881.264	*	365 / 2
=	29.05

Hong Kong Shanghai Alliance Holdings Days Payable Related Terms

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Hong Kong Shanghai Alliance Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Hong Kong Shanghai Alliance Holdings Ltd (HKSE:01001) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

41 Lockhart Road, East Town Building, Rooms 1103-05, 11th Floor, Wanchai, Hong Kong, HKG

Website

https://www.hkshalliance.com

Hong Kong Shanghai Alliance Holdings Ltd is an investment holding company. The company along with its subsidiaries is engaged in the distribution and processing of construction materials such as steel products; trading of sanitary wares and kitchen cabinets; and property investment and fund management businesses. The company's segment includes Steels Distribution and Processing Business; Building Products Distribution Business and Property Investment and Fund Management Business. The company generates maximum revenue from the Steels Distribution and Processing Business segment. Geographically the group has a presence in Hong Kong and Mainland China, of which key revenue is generated from Hong Kong.

Executives

Perfect Capital International Corp.	2101 Beneficial owner
Huge Top Industrial Ltd.	2101 Beneficial owner
Yao Cho Fai Andrew	2101 Beneficial owner

Hong Kong Shanghai Alliance Holdings Headlines

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