Shenghui Cleanness Group Holdings (HKSE:02521) Days Payable : 18.79 (As of Jun. 2024)

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What is Shenghui Cleanness Group Holdings Days Payable?

Shenghui Cleanness Group Holdings's average Accounts Payable for the six months ended in Jun. 2024 was HK$32.6 Mil. Shenghui Cleanness Group Holdings's Cost of Goods Sold for the six months ended in Jun. 2024 was HK$316.2 Mil. Hence, Shenghui Cleanness Group Holdings's Days Payable for the six months ended in Jun. 2024 was 18.79.

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

HKSE:02521' s Days Payable Range Over the Past 10 Years
Min: 19.13 Med: 23.89 Max: 26.95
Current: 19.13

During the past 4 years, Shenghui Cleanness Group Holdings's highest Days Payable was 26.95. The lowest was 19.13. And the median was 23.89.

HKSE:02521's Days Payable is ranked worse than
70.41% of 98 companies
in the Personal Services industry
Industry Median: 30.32 vs HKSE:02521: 19.13

Shenghui Cleanness Group Holdings's Days Payable declined from Jun. 2023 (22.89) to Jun. 2024 (18.79). It may suggest that Shenghui Cleanness Group Holdings accelerated paying its suppliers.

Shenghui Cleanness Group Holdings Days Payable Historical Data

The historical data trend for Shenghui Cleanness 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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Shenghui Cleanness Group Holdings Days Payable Chart

Shenghui Cleanness Group Holdings Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Payable

26.95

23.18

24.59

21.55

Shenghui Cleanness Group Holdings Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Days Payable	Get a 7-Day Free Trial			25.59	22.43	22.89	19.81	18.79

Competitive Comparison of Shenghui Cleanness Group Holdings's Days Payable

For the Personal Services subindustry, Shenghui Cleanness 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.

Shenghui Cleanness Group Holdings's Days Payable Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Shenghui Cleanness Group Holdings's Days Payable distribution charts can be found below:

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

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Shenghui Cleanness 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.

Shenghui Cleanness Group 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
=	( (35.189	+	34.118)	/	2 )	/	587.061	*	365
=	34.6535					/	587.061	*	365
=	21.55

Shenghui Cleanness Group Holdings'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
=	( (34.118	+	31.015)	/	2 )	/	316.225	*	365 / 2
=	32.5665					/	316.225	*	365 / 2
=	18.79

Shenghui Cleanness Group Holdings Days Payable Related Terms

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Shenghui Cleanness Group Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » Shenghui Cleanness Group Holdings Ltd (HKSE:02521) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

36 Xinguang Road, 3rd Floor, Office Block, Xinzao Town, Panyu District, Guangzhou, CHN

Website

http://www.gzshqj.com

Shenghui Cleanness Group Holdings Ltd is a cleaning and maintenance services provider in the PRC and a property cleaning service provider in Guangdong province. It has operations in various provincial-level regions in the PRC and serves a wide range of premises including commercial buildings, transportation hubs such as airports, residential premises, shopping malls and commercial complexes, streets, parks, and other public spaces.

Executives

Prosperity Cleanness Investment Holdings Limited	2101 Beneficial owner
Sunrise Cleanness Investment Holdings Limited	2101 Beneficial owner
Chen Liming	2201 Interest of corporation controlled by you
Li Chenghua	2201 Interest of corporation controlled by you
Tang Yongzhen	2202 Interest of your spouse

Shenghui Cleanness Group Holdings Headlines

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