Sunkwan Properties Group (HKSE:06900) Days Payable : 416.47 (As of Jun. 2023)

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What is Sunkwan Properties Group Days Payable?

Sunkwan Properties Group's average Accounts Payable for the six months ended in Jun. 2023 was HK$2,188 Mil. Sunkwan Properties Group's Cost of Goods Sold for the six months ended in Jun. 2023 was HK$959 Mil. Hence, Sunkwan Properties Group's Days Payable for the six months ended in Jun. 2023 was 416.47.

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

HKSE:06900' s Days Payable Range Over the Past 10 Years
Min: 99.72 Med: 122.12 Max: 431.43
Current: 169.62

During the past 6 years, Sunkwan Properties Group's highest Days Payable was 431.43. The lowest was 99.72. And the median was 122.12.

HKSE:06900's Days Payable is ranked better than
65.8% of 1579 companies
in the Real Estate industry
Industry Median: 98.32 vs HKSE:06900: 169.62

Sunkwan Properties Group's Days Payable declined from Jun. 2022 (1,098.99) to Jun. 2023 (416.47). It may suggest that Sunkwan Properties Group accelerated paying its suppliers.

Sunkwan Properties Group Days Payable Historical Data

The historical data trend for Sunkwan Properties 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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Sunkwan Properties Group Days Payable Chart

Sunkwan Properties Group Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

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123.04

121.20

99.72

104.94

217.34

Sunkwan Properties Group Semi-Annual Data
	Dec17	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Days Payable	Get a 7-Day Free Trial					286.03	63.18	1,098.99	100.90	416.47

Competitive Comparison of Sunkwan Properties Group's Days Payable

For the Real Estate - Development subindustry, Sunkwan Properties 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.

Sunkwan Properties Group's Days Payable Distribution in the Real Estate Industry

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

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

Sunkwan Properties 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.

Sunkwan Properties Group's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (2821.506	+	1985.766)	/	2 )	/	4036.718	*	365
=	2403.636					/	4036.718	*	365
=	217.34

Sunkwan Properties Group's Days Payable for the quarter that ended in Jun. 2023 is calculated as:

	Days Payable (Q: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2022 )	+	Accounts Payable (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (1985.766	+	2389.513)	/	2 )	/	958.642	*	365 / 2
=	2187.6395					/	958.642	*	365 / 2
=	416.47

Sunkwan Properties Group Days Payable Related Terms

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Sunkwan Properties Group (HKSE:06900) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Sunkwan Properties Group Ltd (HKSE:06900) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

No.77, Sunkwan Road, Building T1, Sunkwan Cente, Minhang District, Shanghai, CHN

Website

http://www.sunkwan.com.cn

Sunkwan Properties Group Ltd is engaged in the residential property development and sales. It focuses on the Yangtze River Delta Economic Zone and expanding to the Pearl River Delta Economic Zone and the Mid-China Core Economic Region.

Executives

Chen Peng	2202 Interest of your spouse
Fulva Holding Limited	2201 Interest of corporation controlled by you
Northern American Trust Company, Llc	2301 Trustee
Yongheng Holdings Limited	2101 Beneficial owner
Zhu Jing	2307 Founder of a discretionary trust who can infl
Ginkgo Gofar Holdings Limited	2101 Beneficial owner
Lin Jinfeng	2201 Interest of corporation controlled by you

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