Sheung Moon Holdings (HKSE:08523) Days Payable : 122.42 (As of Sep. 2023)

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What is Sheung Moon Holdings Days Payable?

Sheung Moon Holdings's average Accounts Payable for the three months ended in Sep. 2023 was HK$32.6 Mil. Sheung Moon Holdings's Cost of Goods Sold for the three months ended in Sep. 2023 was HK$24.3 Mil. Hence, Sheung Moon Holdings's Days Payable for the three months ended in Sep. 2023 was 122.42.

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

HKSE:08523' s Days Payable Range Over the Past 10 Years
Min: 24.45 Med: 47.16 Max: 148.6
Current: 148.6

During the past 8 years, Sheung Moon Holdings's highest Days Payable was 148.60. The lowest was 24.45. And the median was 47.16.

HKSE:08523's Days Payable is ranked better than
76.73% of 1603 companies
in the Construction industry
Industry Median: 74.72 vs HKSE:08523: 148.60

Sheung Moon Holdings's Days Payable declined from Sep. 2022 (187.70) to Sep. 2023 (122.42). It may suggest that Sheung Moon Holdings accelerated paying its suppliers.

Sheung Moon Holdings Days Payable Historical Data

The historical data trend for Sheung Moon 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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Sheung Moon Holdings Days Payable Chart

Sheung Moon Holdings Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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33.13

34.12

46.04

66.88

146.83

Sheung Moon Holdings Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Payable	Get a 7-Day Free Trial															187.70	381.47	72.69	127.35	122.42

Competitive Comparison of Sheung Moon Holdings's Days Payable

For the Engineering & Construction subindustry, Sheung Moon 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.

Sheung Moon Holdings's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, Sheung Moon Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Sheung Moon Holdings's Days Payable falls into.

Sheung Moon 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.

Sheung Moon Holdings's Days Payable for the fiscal year that ended in Mar. 2023 is calculated as

	Days Payable (A: Mar. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2022 )	+	Accounts Payable (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (60.071	+	30.89)	/	2 )	/	113.058	*	365
=	45.4805					/	113.058	*	365
=	146.83

Sheung Moon 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	+	32.589)	/	1 )	/	24.292	*	365 / 4
=	32.589					/	24.292	*	365 / 4
=	122.42

Sheung Moon Holdings Days Payable Related Terms

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Sheung Moon Holdings (HKSE:08523) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Sheung Moon Holdings Ltd (HKSE:08523) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 79 Wing Hong Street, Office D, 27th Floor, The Globe, Cheung Sha Wan, Kowloon, Hong Kong, HKG

Website

http://www.smcl.com.hk

Sheung Moon Holdings Ltd is an investment holding company. The company is engaged in the provision of site formation works, road and drainage works, and structural works in both the public and private sectors. It generates revenue from the provision of civil engineering construction services. Geographically, it derives revenue from Hong Kong.

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