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SGHIY (Shanghai Industrial Holdings) Days Payable : 144.91 (As of Dec. 2024)


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What is Shanghai Industrial Holdings Days Payable?

Shanghai Industrial Holdings's average Accounts Payable for the six months ended in Dec. 2024 was $1,425 Mil. Shanghai Industrial Holdings's Cost of Goods Sold for the six months ended in Dec. 2024 was $1,795 Mil. Hence, Shanghai Industrial Holdings's Days Payable for the six months ended in Dec. 2024 was 144.91.

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

SGHIY' s Days Payable Range Over the Past 10 Years
Min: 91.46   Med: 110.57   Max: 175.98
Current: 163.49

During the past 13 years, Shanghai Industrial Holdings's highest Days Payable was 175.98. The lowest was 91.46. And the median was 110.57.

SGHIY's Days Payable is ranked better than
86.29% of 525 companies
in the Conglomerates industry
Industry Median: 57.68 vs SGHIY: 163.49

Shanghai Industrial Holdings's Days Payable declined from Dec. 2023 (184.27) to Dec. 2024 (144.91). It may suggest that Shanghai Industrial Holdings accelerated paying its suppliers.


Shanghai Industrial Holdings Days Payable Historical Data

The historical data trend for Shanghai Industrial 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.

* Premium members only.

Shanghai Industrial Holdings Days Payable Chart

Shanghai Industrial Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 175.43 126.48 114.38 115.55 101.76

Shanghai Industrial Holdings Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 198.82 253.39 184.27 290.74 144.91

Competitive Comparison of Shanghai Industrial Holdings's Days Payable

For the Conglomerates subindustry, Shanghai Industrial 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.


Shanghai Industrial Holdings's Days Payable Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Shanghai Industrial Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Shanghai Industrial Holdings's Days Payable falls into.


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Shanghai Industrial 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.

Shanghai Industrial Holdings's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

Days Payable (A: Dec. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2023 ) + Accounts Payable (A: Dec. 2024 )) / count ) / Cost of Goods Sold (A: Dec. 2024 )*Days in Period
=( (768.764 + 738.772) / 2 ) / 2703.655*365
=753.768 / 2703.655*365
=101.76

Shanghai Industrial Holdings's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

Days Payable (Q: Dec. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2024 ) + Accounts Payable (Q: Dec. 2024 )) / count ) / Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=( (2112.071 + 738.772) / 2 ) / 1795.226*365 / 2
=1425.4215 / 1795.226*365 / 2
=144.91

* 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.


Shanghai Industrial Holdings Days Payable Related Terms

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Shanghai Industrial Holdings Business Description

Traded in Other Exchanges
Address
39 Gloucester Road, Wanchai, 26th Floor, Harcourt House, Hong Kong, HKG
Shanghai Industrial Holdings Ltd is engaged in the real estate sector. It operates in four segments Infrastructure and environmental protection which includes investment in toll road/bridge projects and water services/clean energy businesses, Real estate which includes property development and investment and hotel operation, Consumer products which includes manufacture and sale of cigarettes, packaging materials, and printed products, Comprehensive healthcare operations which includes manufacture and sales of pharmaceutical and healthcare products, provision of distribution and supply chain solutions services and operation and franchise of a network of retail pharmacies Its geographical segments are China, Asia, Hong Kong, and others, of which the majority of its revenue comes from China.

Shanghai Industrial Holdings Headlines

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