Skymission Group Holdings (HKSE:01429) Days Payable : 29.80 (As of Sep. 2024)

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What is Skymission Group Holdings Days Payable?

Skymission Group Holdings's average Accounts Payable for the six months ended in Sep. 2024 was HK$32.7 Mil. Skymission Group Holdings's Cost of Goods Sold for the six months ended in Sep. 2024 was HK$200.0 Mil. Hence, Skymission Group Holdings's Days Payable for the six months ended in Sep. 2024 was 29.80.

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

HKSE:01429' s Days Payable Range Over the Past 10 Years
Min: 3.99 Med: 11.23 Max: 41.64
Current: 19.11

During the past 8 years, Skymission Group Holdings's highest Days Payable was 41.64. The lowest was 3.99. And the median was 11.23.

HKSE:01429's Days Payable is ranked worse than
95.53% of 1656 companies
in the Construction industry
Industry Median: 75.77 vs HKSE:01429: 19.11

Skymission Group Holdings's Days Payable increased from Sep. 2023 (22.58) to Sep. 2024 (29.80). It may suggest that Skymission Group Holdings delayed paying its suppliers.

Skymission Group Holdings Days Payable Historical Data

The historical data trend for Skymission Group 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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Skymission Group Holdings Days Payable Chart

Skymission Group Holdings Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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41.64

34.14

5.75

16.65

29.28

Skymission Group Holdings Semi-Annual Data
	Mar17	Mar18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Days Payable	Get a 7-Day Free Trial									15.54	32.35	22.58	18.40	29.80

Competitive Comparison of Skymission Group Holdings's Days Payable

For the Engineering & Construction subindustry, Skymission Group 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.

Skymission Group Holdings's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, Skymission Group Holdings's Days Payable distribution charts can be found below:

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

Skymission Group 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.

Skymission Group 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
=	( (47.403	+	48.754)	/	2 )	/	599.377	*	365
=	48.0785					/	599.377	*	365
=	29.28

Skymission Group 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
=	( (48.754	+	16.555)	/	2 )	/	199.95	*	365 / 2
=	32.6545					/	199.95	*	365 / 2
=	29.80

Skymission Group Holdings Days Payable Related Terms

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Skymission Group Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Skymission Group Holdings Ltd (HKSE:01429) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

99-109 Castle Peak Road, Flat 3, 7th Floor, Yuen Long Trade Centre, Yuen Long, New Territories, Hong Kong, HKG

Website

https://www.skymission.group

Skymission Group Holdings Ltd is a formwork works subcontractor in Hong Kong. The company's projects are categorized as building construction projects and civil engineering projects. Building construction projects involve the erection of residential buildings, commercial buildings, and/or institutional buildings. Civil engineering projects involve the construction of infrastructure. The company principally operates in one business segment, which is providing formwork works services in Hong Kong.

Executives

Sky Mission Group Limited	2101 Beneficial owner
Leung Yam Cheung	2201 Interest of corporation controlled by you

Skymission Group Holdings Headlines

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