Sanergy Group (HKSE:02459) Days Payable : 36.65 (As of Jun. 2024)

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What is Sanergy Group Days Payable?

Sanergy Group's average Accounts Payable for the six months ended in Jun. 2024 was HK$63.1 Mil. Sanergy Group's Cost of Goods Sold for the six months ended in Jun. 2024 was HK$314.1 Mil. Hence, Sanergy Group's Days Payable for the six months ended in Jun. 2024 was 36.65.

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

HKSE:02459' s Days Payable Range Over the Past 10 Years
Min: 38.98 Med: 59.47 Max: 118.73
Current: 38.98

During the past 7 years, Sanergy Group's highest Days Payable was 118.73. The lowest was 38.98. And the median was 59.47.

HKSE:02459's Days Payable is ranked worse than
50.41% of 603 companies
in the Steel industry
Industry Median: 39.3 vs HKSE:02459: 38.98

Sanergy Group's Days Payable declined from Jun. 2023 (52.51) to Jun. 2024 (36.65). It may suggest that Sanergy Group accelerated paying its suppliers.

Sanergy Group Days Payable Historical Data

The historical data trend for Sanergy Group'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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Sanergy Group Days Payable Chart

Sanergy Group Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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51.50

63.07

63.89

49.74

36.50

Sanergy Group Semi-Annual Data
	Dec18	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Days Payable	Get a 7-Day Free Trial						56.08	52.51	47.13	36.65	44.57

Competitive Comparison of Sanergy Group's Days Payable

For the Steel subindustry, Sanergy Group'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.

Sanergy Group's Days Payable Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Sanergy Group's Days Payable distribution charts can be found below:

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

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Sanergy Group 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.

Sanergy Group'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
=	( (95.869	+	56.231)	/	2 )	/	558.018	*	365
=	76.05					/	558.018	*	365
=	49.74

Sanergy Group's Days Payable for the quarter that ended in Jun. 2024 is calculated as:

	Days Payable (Q: Jun. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
=	( (56.231	+	69.9)	/	2 )	/	314.079	*	365 / 2
=	63.0655					/	314.079	*	365 / 2
=	36.65

Sanergy Group Days Payable Related Terms

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Sanergy Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Sanergy Group Ltd (HKSE:02459) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

26 Harbour Road, China Resources Building, Room 2602, 26th Floor, Wanchai, Hong Kong, HKG

Website

http://www.sanergygroup.com

Sanergy Group Ltd is a manufacturer of UHP graphite electrodes. The company sells the products to automotive, infrastructure, construction, appliance, machinery, equipment, and transportation industries. Geographically, the company operates in the Americas, Europe, the Middle East and Africa, the People's Republic of China, and Asia Pacific excluding the PRC.

Executives

Otautahi Capital Inc.	2101 Beneficial owner
Otautahi Enterprises Trust Company Limited	2301 Trustee
Otautahi Holdings Limited	2201 Interest of corporation controlled by you
Hou Haolong	2501 Other

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