SDM Education Group Holdings (HKSE:08363) Days Payable: 0.40 (As of Sep. 2023)

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HKSE:08363 SDM Education Group Holdings Ltd HKSE:08363
4 GF Score
Price HK$0.09
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What is SDM Education Group Holdings Days Payable?

SDM Education Group Holdings HKSE:08363 4 Days Payable is 0.40 as of Sep. 2023. GuruFocus rates HKSE:08363 with a GF Score™ of 4/100.

SDM Education Group Holdings's average Accounts Payable for the three months ended in Sep. 2023 was HK$0.1 Mil. SDM Education Group Holdings's Cost of Goods Sold for the three months ended in Sep. 2023 was HK$33.1 Mil. Hence, SDM Education Group Holdings's Days Payable for the three months ended in Sep. 2023 was 0.40.

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

HKSE:08363's Days Payable is not ranked *
in the Education industry.
Industry Median: 35.78
* Ranked among companies with meaningful Days Payable only.

SDM Education Group Holdings's Days Payable declined from Sep. 2022 (151.24) to Sep. 2023 (0.40). It may suggest that SDM Education Group Holdings accelerated paying its suppliers.


SDM Education Group Holdings Days Payable Historical Data

* Premium members only.

The historical data trend for SDM Education 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.

SDM Education Group Holdings Days Payable Chart

SDM Education Group Holdings Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.18 1.08 1.14 1.85 1.40

SDM Education Group Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 0.24 0.26 0.45 0.40 0.11

HKSE:08363 vs AIU, EDU, TAL: Days Payable Comparison

For the Education & Training Services subindustry, SDM Education 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.


SDM Education Group Holdings Days Payable vs Education Industry

For the Education industry and Consumer Defensive sector, SDM Education Group Holdings's Days Payable distribution charts can be found below:

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


HKSE:08363
4GF Score
SDM Education Group Holdings Ltd HKSE:08363
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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SDM Education 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.

SDM Education Group Holdings'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
=( (0.868 + 0.09) / 2 ) / 124.502*365
=0.479 / 124.502*365
=1.40

SDM Education Group Holdings's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

Days Payable (Q: Sep. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2023 ) + Accounts Payable (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (0.147 + 0) / 1 ) / 33.14*365 / 4
=0.147 / 33.14*365 / 4
=0.40

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 0.40 mean?
SDM Education Group Holdings (HKSE:08363) has a Days Payable of 0.40 as of Sep. 2023. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on SDM Education Group Holdings and its competitors.
Is SDM Education Group Holdings' Days Payable too high?
SDM Education Group Holdings' current Days Payable is 0.40. The Education industry median Days Payable is 35.78. SDM Education Group Holdings' value of 0.40 is 98.9% below this industry median. Overall, SDM Education Group Holdings has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does SDM Education Group Holdings' Days Payable compare to AIU and EDU?
SDM Education Group Holdings' Days Payable of 0.40 can be compared against companies in the Education industry. The industry median Days Payable is 35.78. SDM Education Group Holdings' value of 0.40 is 98.9% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for an Education company?
The median Days Payable among Education companies is 35.78, based on 211 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. SDM Education Group Holdings's current Days Payable of 0.40 is 98.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on SDM Education Group Holdings and its competitors. For the Education industry, the median Days Payable is 35.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SDM Education Group Holdings's current Days Payable is 0.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SDM Education Group Holdings stock overvalued right now?
SDM Education Group Holdings (HKSE:08363) has a current Days Payable of 0.40. The current Days Payable is 0.40 and 98.9% below the Education industry median of 35.78. SDM Education Group Holdings' overall GF Score™ is 4/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For SDM Education Group Holdings (HKSE:08363), the current Days Payable is 0.40 as of Sep. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

SDM Education Group Holdings Business Description

Address 61-63 King Yip Street, Room 202B, 2nd Floor, Liven House, Kwun Tong, Hong Kong, HKG
SDM Education Group Holdings Ltd is engaged in the business of jazz and ballet and pop dance academy in Hong Kong and childcare services in Singapore. The operating segments of the group are the Dance academy business which involves jazz and ballet and pop dance academy in Hong Kong and the PRC and the Early childhood education business involving the operation of kindergartens and pre-schools in Hong Kong and Singapore and the Others segment. Geographically, the group has a business presence in Hong Kong and Singapore, of which key revenue is derived from Hong Kong.
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HK$0.09
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