SKWG (Skywealth Group) Days Payable: 0.00 (As of . 20)


What is Skywealth Group Days Payable?

Skywealth Group SKWG +29.25% Days Payable is 0.00 as of . 20.

Skywealth Group's average Accounts Payable for the three months ended in . 20 was $0.00 Mil. Skywealth Group's Cost of Goods Sold for the three months ended in . 20 was $0.00 Mil.

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

SKWG's Days Payable is not ranked *
in the Business Services industry.
Industry Median: 46.92
* Ranked among companies with meaningful Days Payable only.

Skywealth Group's Days Payable stayed the same from . 20 (0.00) to . 20 (0.00). stayed the same

Skywealth Group Days Payable Historical Data

* Premium members only.

The historical data trend for Skywealth 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.

Skywealth Group Days Payable Chart

Skywealth Group Annual Data
Trend
Days Payable

Skywealth Group Quarterly Data
Days Payable

SKWG vs SYSX: Days Payable Comparison

For the Consulting Services subindustry, Skywealth 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.

Skywealth Group Days Payable vs Business Services Industry

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

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


Skywealth 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.

Skywealth Group's Days Payable for the fiscal year that ended in . 20 is calculated as

Days Payable (A: . 20 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: . 20 ) + Accounts Payable (A: . 20 )) / count ) / Cost of Goods Sold (A: . 20 )*Days in Period
=( ( + ) / 1 ) / *365
=0 / *365
=N/A

Skywealth Group's Days Payable for the quarter that ended in . 20 is calculated as:

Days Payable (Q: . 20 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: . 20 ) + Accounts Payable (Q: . 20 )) / count ) / Cost of Goods Sold (Q: . 20 )*Days in Period
=( ( + ) / 1 ) / *365 / 4
=0 / *365 / 4
=N/A

* 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 0.00 mean?
Skywealth Group (SKWG) has a Days Payable of 0.00 as of . 20. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Skywealth Group and its competitors.
Is Skywealth Group's Days Payable too high?
Skywealth Group's current Days Payable is 0.00.
How does Skywealth Group's Days Payable compare to SYSX?
Skywealth Group's Days Payable of 0.00 can be compared against companies in the Business Services industry. The industry median Days Payable is 46.92. 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 a Business Services company?
The median Days Payable among Business Services companies is 46.92, based on 943 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. 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 Skywealth Group and its competitors. For the Business Services industry, the median Days Payable is 46.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Skywealth Group's current Days Payable is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Skywealth Group stock overvalued right now?
Skywealth Group (SKWG) has a current Days Payable of 0.00. The current Days Payable is 0.00. 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 Skywealth Group (SKWG), the current Days Payable is 0.00 as of . 20. 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.

Skywealth Group Business Description

Address No. 35-36 Connaught Road West, 2nd Floor, Connaught Harbourfront House, Hong Kong, HKG
Skywealth Group Inc provides general consulting services and managerial consulting services to various Hong Kong Companies. Its focus is to assist listed companies in Hong Kong to comply with the various regulatory requirements. This includes coaching their various clients managerial teams what is expected of them in order to comply with their duties as officers of the company.