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Sanxun Holdings Group (HKSE:06611) Days Payable : 275.24 (As of Jun. 2024)


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What is Sanxun Holdings Group Days Payable?

Sanxun Holdings Group's average Accounts Payable for the six months ended in Jun. 2024 was HK$1,448 Mil. Sanxun Holdings Group's Cost of Goods Sold for the six months ended in Jun. 2024 was HK$960 Mil. Hence, Sanxun Holdings Group's Days Payable for the six months ended in Jun. 2024 was 275.24.

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

HKSE:06611' s Days Payable Range Over the Past 10 Years
Min: 126.02   Med: 167.98   Max: 492.76
Current: 298.28

During the past 6 years, Sanxun Holdings Group's highest Days Payable was 492.76. The lowest was 126.02. And the median was 167.98.

HKSE:06611's Days Payable is ranked better than
79.86% of 1569 companies
in the Real Estate industry
Industry Median: 97.76 vs HKSE:06611: 298.28

Sanxun Holdings Group's Days Payable increased from Jun. 2023 (141.20) to Jun. 2024 (275.24). It may suggest that Sanxun Holdings Group delayed paying its suppliers.


Sanxun Holdings Group Days Payable Historical Data

The historical data trend for Sanxun Holdings 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.

* Premium members only.

Sanxun Holdings Group Days Payable Chart

Sanxun Holdings Group Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial 167.73 168.22 126.02 161.88 204.01

Sanxun Holdings Group Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 196.32 118.85 141.20 332.45 275.24

Competitive Comparison of Sanxun Holdings Group's Days Payable

For the Real Estate - Development subindustry, Sanxun Holdings 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.


Sanxun Holdings Group's Days Payable Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Sanxun Holdings Group's Days Payable distribution charts can be found below:

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



Sanxun Holdings 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.

Sanxun Holdings 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
=( (1648.292 + 1519.229) / 2 ) / 2833.558*365
=1583.7605 / 2833.558*365
=204.01

Sanxun Holdings 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
=( (1519.229 + 1376.812) / 2 ) / 960.108*365 / 2
=1448.0205 / 960.108*365 / 2
=275.24

* 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.


Sanxun Holdings Group Days Payable Related Terms

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Sanxun Holdings Group Business Description

Traded in Other Exchanges
N/A
Address
Yanzihe Road and Innovation Avenue, Room 1702, Building A, High tech Zone, Auhui Province, Hefei, CHN
Sanxun Holdings Group Ltd real estate developer. It focuses on the development and sales of residential properties. The company has a portfolio of 46 projects some of which are Suzhou-Lingbi Qingfeng, Suzhou-National Construction Elegance, Wuxi-Xishan Qingfeng, Wuxi-Pickup Printing, Nanjing Ruyi County, and Nanjing-Heyue Lanting.
Executives
An Juan 2202 Interest of your spouse
Qian Kun 2201 Interest of corporation controlled by you
Q Kun Ltd. 2101 Beneficial owner
Bing L Ltd. 2101 Beneficial owner
Juan L Ltd. 2101 Beneficial owner
Qian Bing 2201 Interest of corporation controlled by you

Sanxun Holdings Group Headlines

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