SIOPF (Shimao Group Holdings) Days Payable : 247.80 (As of Jun. 2024)

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What is Shimao Group Holdings Days Payable?

Shimao Group Holdings's average Accounts Payable for the six months ended in Jun. 2024 was $5,461 Mil. Shimao Group Holdings's Cost of Goods Sold for the six months ended in Jun. 2024 was $4,022 Mil. Hence, Shimao Group Holdings's Days Payable for the six months ended in Jun. 2024 was 247.80.

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

SIOPF' s Days Payable Range Over the Past 10 Years
Min: 173.14 Med: 237.35 Max: 433.81
Current: 209.56

During the past 13 years, Shimao Group Holdings's highest Days Payable was 433.81. The lowest was 173.14. And the median was 237.35.

SIOPF's Days Payable is ranked better than
71.01% of 1566 companies
in the Real Estate industry
Industry Median: 96.165 vs SIOPF: 209.56

Shimao Group Holdings's Days Payable declined from Jun. 2023 (357.46) to Jun. 2024 (247.80). It may suggest that Shimao Group Holdings accelerated paying its suppliers.

Shimao Group Holdings Days Payable Historical Data

The historical data trend for Shimao 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.

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Shimao Group Holdings Days Payable Chart

Shimao Group Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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278.47

266.14

433.36

341.30

213.27

Shimao Group 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															392.52	357.46	313.84	247.80	175.31

Competitive Comparison of Shimao Group Holdings's Days Payable

For the Real Estate - Development subindustry, Shimao 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.

Shimao Group Holdings's Days Payable Distribution in the Real Estate Industry

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

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

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Shimao 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.

Shimao Group Holdings'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
=	( (8134.363	+	5908.464)	/	2 )	/	7509.006	*	365
=	7021.4135					/	7509.006	*	365
=	341.30

Shimao Group Holdings'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
=	( (5908.464	+	5014.372)	/	2 )	/	4022.197	*	365 / 2
=	5461.418					/	4022.197	*	365 / 2
=	247.80

Shimao Group Holdings Days Payable Related Terms

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Shimao Group Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Shimao Group Holdings Ltd (OTCPK:SIOPF) » Definitions » Days Payable

Traded in Other Exchanges

00813:Hong Kong QHI:Germany

Address

89 Queensway, 1st Floor, Block 38, Hong Kong Lippo Centre, Hong Kong, HKG

Website

http://www.shimaogroup.hk

Shimao Group Holdings Ltd develops large scale, high quality, integrated real estate projects, focusing on cities with dynamic economic growth potential in China. The company earns revenue from Sales of properties, Hotel operation income, Commercial properties operation income and Property management income, and others.