SUNH (Xuhang Holdings) Days Payable: 279.27 (As of Dec. 2023)


What is Xuhang Holdings Days Payable?

Xuhang Holdings SUNH Days Payable is 279.27 as of Dec. 2023.

Xuhang Holdings's average Accounts Payable for the three months ended in Dec. 2023 was $11.25 Mil. Xuhang Holdings's Cost of Goods Sold for the three months ended in Dec. 2023 was $3.68 Mil. Hence, Xuhang Holdings's Days Payable for the three months ended in Dec. 2023 was 279.27.

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

SUNH's Days Payable is not ranked *
in the Media - Diversified industry.
Industry Median: 83.87
* Ranked among companies with meaningful Days Payable only.

Xuhang Holdings's Days Payable increased from Dec. 2021 (46.96) to Dec. 2023 (279.27). It may suggest that Xuhang Holdings delayed paying its suppliers.

Xuhang Holdings Days Payable Historical Data

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The historical data trend for Xuhang 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.

Xuhang Holdings Days Payable Chart

Xuhang Holdings Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Days Payable
100.52 64.89 69.51 94.87

Xuhang Holdings Quarterly Data
Dec20 Dec21 Sep22 Dec22 Sep23 Dec23
Days Payable Get a 7-Day Free Trial 46.96 0.00 69.18 0.00 279.27

SUNH vs : Days Payable Comparison

For the Advertising Agencies subindustry, Xuhang 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.

Xuhang Holdings Days Payable vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Xuhang Holdings's Days Payable distribution charts can be found below:

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


Xuhang 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.

Xuhang 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
=( (8.334 + 10.897) / 2 ) / 36.994*365
=9.6155 / 36.994*365
=94.87

Xuhang Holdings's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

Days Payable (Q: Dec. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2023 ) + Accounts Payable (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (11.604 + 10.897) / 2 ) / 3.676*365 / 4
=11.2505 / 3.676*365 / 4
=279.27

* 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 279.27 mean?
Xuhang Holdings (SUNH) has a Days Payable of 279.27 as of Dec. 2023. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Xuhang Holdings and its competitors.
Is Xuhang Holdings' Days Payable too high?
Xuhang Holdings' current Days Payable is 279.27. The Media - Diversified industry median Days Payable is 83.87. Xuhang Holdings' value of 279.27 is 233% above this industry median.
How does Xuhang Holdings' Days Payable compare to ?
Xuhang Holdings' Days Payable of 279.27 can be compared against companies in the Media - Diversified industry. The industry median Days Payable is 83.87. Xuhang Holdings' value of 279.27 is 233% above this benchmark. 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 Media - Diversified company?
The median Days Payable among Media - Diversified companies is 83.87, based on 916 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. Xuhang Holdings's current Days Payable of 279.27 is 233% above the industry median. 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 Xuhang Holdings and its competitors. For the Media - Diversified industry, the median Days Payable is 83.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Xuhang Holdings's current Days Payable is 279.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Xuhang Holdings stock overvalued right now?
Xuhang Holdings (SUNH) has a current Days Payable of 279.27. The current Days Payable is 279.27 and 233% above the Media - Diversified industry median of 83.87. 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 Xuhang Holdings (SUNH), the current Days Payable is 279.27 as of Dec. 2023. 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.

Xuhang Holdings Business Description

Comparable Companies
Address 198 Shenban Road, Building 2, Shangtanghe 198 Cultural and Creative Park, Gongshu District, Zhejiang Province, Hangzhou, CHN, 310000
Xuhang Holdings Ltd is principally engaged in new media-integrated content marketing services and digital advertising services through its subsidiaries. It offers services such as creative marketing services, online-offline-linkage marketing activity services, live-streaming services and digital product services. Also, Xuhang provides online traffic services to large internet media platforms by generating or directing user traffic to those media platforms through editing and producing captivating short videos.