Success Dragon International Holdings (HKSE:01182) Days Payable : 87.31 (As of Sep. 2024)

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What is Success Dragon International Holdings Days Payable?

Success Dragon International Holdings's average Accounts Payable for the six months ended in Sep. 2024 was HK$30.9 Mil. Success Dragon International Holdings's Cost of Goods Sold for the six months ended in Sep. 2024 was HK$64.7 Mil. Hence, Success Dragon International Holdings's Days Payable for the six months ended in Sep. 2024 was 87.31.

The historical rank and industry rank for Success Dragon International Holdings's Days Payable or its related term are showing as below:

HKSE:01182' s Days Payable Range Over the Past 10 Years
Min: 16.78 Med: 24.33 Max: 43.24
Current: 27.71

During the past 13 years, Success Dragon International Holdings's highest Days Payable was 43.24. The lowest was 16.78. And the median was 24.33.

HKSE:01182's Days Payable is ranked worse than
87.06% of 1028 companies
in the Metals & Mining industry
Industry Median: 130.755 vs HKSE:01182: 27.71

Success Dragon International Holdings's Days Payable increased from Sep. 2023 (22.61) to Sep. 2024 (87.31). It may suggest that Success Dragon International Holdings delayed paying its suppliers.

Success Dragon International Holdings Days Payable Historical Data

The historical data trend for Success Dragon International 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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Success Dragon International Holdings Days Payable Chart

Success Dragon International Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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18.24

31.82

16.78

21.97

Success Dragon International Holdings Semi-Annual Data
	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Days Payable	Get a 7-Day Free Trial															75.10	21.80	22.61	14.82	87.31

Competitive Comparison of Success Dragon International Holdings's Days Payable

For the Gold subindustry, Success Dragon International 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.

Success Dragon International Holdings's Days Payable Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Success Dragon International Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Success Dragon International Holdings's Days Payable falls into.

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Success Dragon International 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.

Success Dragon International 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
=	( (16.587	+	29.823)	/	2 )	/	385.496	*	365
=	23.205					/	385.496	*	365
=	21.97

Success Dragon International Holdings's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

	Days Payable (Q: Sep. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2024 )	+	Accounts Payable (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (29.823	+	32.071)	/	2 )	/	64.689	*	365 / 2
=	30.947					/	64.689	*	365 / 2
=	87.31

Success Dragon International Holdings Days Payable Related Terms

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Success Dragon International Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Success Dragon International Holdings Ltd (HKSE:01182) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

88 Connaught Road West, 19/F., Guangdong Finance Building, Hong Kong, HKG

Website

https://www.successdragonintl.com

Success Dragon International Holdings Ltd is an investment holding company. Its segment includes Gold processing and trading business. The gold processing and trading business segment involves the Provision of gold processing and the sale of gold and other precious metals in the PRC. Geographically it derives a majority of revenue is derived from PRC.

Executives

Stone Steps Investments Limited	2101 Beneficial owner
Liu Shannon Shuting	2201 Interest of corporation controlled by you
Positive Kindness Limited	2201 Interest of corporation controlled by you
Liu Shiwei	2201 Interest of corporation controlled by you

Success Dragon International Holdings Headlines

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