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SFHG (Samfine Creation Holdings Group) Days Payable : 161.13 (As of Jun. 2024)


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What is Samfine Creation Holdings Group Days Payable?

Samfine Creation Holdings Group's average Accounts Payable for the six months ended in Jun. 2024 was $7.34 Mil. Samfine Creation Holdings Group's Cost of Goods Sold for the six months ended in Jun. 2024 was $8.31 Mil. Hence, Samfine Creation Holdings Group's Days Payable for the six months ended in Jun. 2024 was 161.13.

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

SFHG' s Days Payable Range Over the Past 10 Years
Min: 159.89   Med: 191.51   Max: 200.15
Current: 159.89

During the past 3 years, Samfine Creation Holdings Group's highest Days Payable was 200.15. The lowest was 159.89. And the median was 191.51.

SFHG's Days Payable is ranked better than
84.69% of 908 companies
in the Business Services industry
Industry Median: 45.815 vs SFHG: 159.89

Samfine Creation Holdings Group's Days Payable declined from Jun. 2023 (162.25) to Jun. 2024 (161.13). It may suggest that Samfine Creation Holdings Group accelerated paying its suppliers.

Samfine Creation Holdings Group Days Payable Historical Data

The historical data trend for Samfine Creation 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.

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Samfine Creation Holdings Group Days Payable Chart

Samfine Creation Holdings Group Annual Data
Trend Dec21 Dec22 Dec23
Days Payable
191.51 200.15 188.61

Samfine Creation Holdings Group Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Days Payable Get a 7-Day Free Trial 236.73 159.94 162.25 156.41 161.13

Competitive Comparison of Samfine Creation Holdings Group's Days Payable

For the Specialty Business Services subindustry, Samfine Creation 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.

Samfine Creation Holdings Group's Days Payable Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Samfine Creation Holdings Group's Days Payable distribution charts can be found below:

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


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Samfine Creation 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.

Samfine Creation 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
=( (5.288 + 6.08) / 2 ) / 11*365
=5.684 / 11*365
=188.61

Samfine Creation 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
=( (6.08 + 8.592) / 2 ) / 8.309*365 / 2
=7.336 / 8.309*365 / 2
=161.13

* 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.

Samfine Creation Holdings Group Days Payable Related Terms

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Samfine Creation Holdings Group Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Samfine Creation Holdings Group Ltd (NAS:SFHG) » Definitions » Days Payable
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Traded in Other Exchanges
N/A
Address
436-446 Kwun Tong Road, Flat B, 8/F, Block 4, Kwun Tong Industrial Centre, Kwun Tong, Kowloon, Hong Kong, HKG
Website
Samfine Creation Holdings Group Ltd operates through its subsidiaries. It is an established one-stop printing service provider which principally provides printing services in Hong Kong and the PRC. It offers a wide range of printed products such as (i) book products, which mainly include children's books, educational books, art books, notebooks, diaries and journals; and (ii) novelty and packaging products, which mainly include handcraft products, book sets, pop-up books, stationery products, products with assembly parts and other specialized products, shopping bags and package boxes.