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Shuoao International Holdings (HKSE:02336) Days Payable : 45.88 (As of Dec. 2023)


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What is Shuoao International Holdings Days Payable?

Shuoao International Holdings's average Accounts Payable for the six months ended in Dec. 2023 was HK$24.6 Mil. Shuoao International Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$97.8 Mil. Hence, Shuoao International Holdings's Days Payable for the six months ended in Dec. 2023 was 45.88.

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

HKSE:02336' s Days Payable Range Over the Past 10 Years
Min: 7.84   Med: 38.63   Max: 142.52
Current: 74.85

During the past 13 years, Shuoao International Holdings's highest Days Payable was 142.52. The lowest was 7.84. And the median was 38.63.

HKSE:02336's Days Payable is ranked better than
67.74% of 964 companies
in the Semiconductors industry
Industry Median: 51.61 vs HKSE:02336: 74.85

Shuoao International Holdings's Days Payable declined from Dec. 2022 (151.59) to Dec. 2023 (45.88). It may suggest that Shuoao International Holdings accelerated paying its suppliers.


Shuoao International Holdings Days Payable Historical Data

The historical data trend for Shuoao 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.

* Premium members only.

Shuoao International Holdings Days Payable Chart

Shuoao International Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.59 23.03 16.24 103.35 78.93

Shuoao International Holdings 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 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 11.30 83.27 151.59 160.49 45.88

Competitive Comparison of Shuoao International Holdings's Days Payable

For the Semiconductor Equipment & Materials subindustry, Shuoao 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.


Shuoao International Holdings's Days Payable Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Shuoao International Holdings's Days Payable distribution charts can be found below:

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



Shuoao 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.

Shuoao International Holdings'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
=( (29.469 + 25.824) / 2 ) / 127.851*365
=27.6465 / 127.851*365
=78.93

Shuoao International Holdings'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
=( (23.358 + 25.824) / 2 ) / 97.816*365 / 2
=24.591 / 97.816*365 / 2
=45.88

* 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.


Shuoao International Holdings Days Payable Related Terms

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Shuoao International Holdings (HKSE:02336) Business Description

Traded in Other Exchanges
N/A
Address
No. 19 Des Voeux Road Central, Office 18, 6th Floor, World-wide House, Hong Kong, HKG
Shuoao International Holdings Ltd Formerly Hailiang International Holdings Ltd is an investment holding company engaged in the business of the sale of metals, the development and provision of electronic turnkey device solutions, and property development. The company operates in three segments Sale of metals, Development and provision of electronic turnkey device solutions, and Property development segment. It earns the majority of its revenue from the sale of metals segment. Geographically, it derives maximum revenue from Hong Kong and also has a presence in the Singapore, Peoples Republic of China, and other countries.
Executives
Feng Hailiang 2201 Interest of corporation controlled by you
Fu Bang Tou Zi You Xian Gong Si 2101 Beneficial owner
Hai Liang Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Ning Bo Zhe Tao Tou Zi Kong Gu You Xian Gong Si Qian Cheng Shang Hai Wei Ze Tou Zi Kong Gu You Xian 2201 Interest of corporation controlled by you

Shuoao International Holdings (HKSE:02336) Headlines

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