SH Group (Holdings) (HKSE:01637) Days Payable : 28.83 (As of Sep. 2023)

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What is SH Group (Holdings) Days Payable?

SH Group (Holdings)'s average Accounts Payable for the six months ended in Sep. 2023 was HK$72.3 Mil. SH Group (Holdings)'s Cost of Goods Sold for the six months ended in Sep. 2023 was HK$457.9 Mil. Hence, SH Group (Holdings)'s Days Payable for the six months ended in Sep. 2023 was 28.83.

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

HKSE:01637' s Days Payable Range Over the Past 10 Years
Min: 27.04 Med: 49.32 Max: 100.56
Current: 32.94

During the past 10 years, SH Group (Holdings)'s highest Days Payable was 100.56. The lowest was 27.04. And the median was 49.32.

HKSE:01637's Days Payable is ranked worse than
86.45% of 1602 companies
in the Construction industry
Industry Median: 75.99 vs HKSE:01637: 32.94

SH Group (Holdings)'s Days Payable declined from Sep. 2022 (38.43) to Sep. 2023 (28.83). It may suggest that SH Group (Holdings) accelerated paying its suppliers.

SH Group (Holdings) Days Payable Historical Data

The historical data trend for SH 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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SH Group (Holdings) Days Payable Chart

SH Group (Holdings) Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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59.64

44.68

46.57

52.07

33.55

SH Group (Holdings) Semi-Annual Data
	Mar14	Mar15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Payable	Get a 7-Day Free Trial													40.33	37.04	38.43	34.96	28.83

Competitive Comparison of SH Group (Holdings)'s Days Payable

For the Engineering & Construction subindustry, SH 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.

SH Group (Holdings)'s Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, SH Group (Holdings)'s Days Payable distribution charts can be found below:

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

SH 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.

SH Group (Holdings)'s Days Payable for the fiscal year that ended in Mar. 2023 is calculated as

	Days Payable (A: Mar. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2022 )	+	Accounts Payable (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (101.647	+	72.174)	/	2 )	/	945.599	*	365
=	86.9105					/	945.599	*	365
=	33.55

SH Group (Holdings)'s Days Payable for the quarter that ended in Sep. 2023 is calculated as:

	Days Payable (Q: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (72.174	+	72.485)	/	2 )	/	457.936	*	365 / 2
=	72.3295					/	457.936	*	365 / 2
=	28.83

SH Group (Holdings) Days Payable Related Terms

Thank you for viewing the detailed overview of SH Group (Holdings)'s Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

SH Group (Holdings) (HKSE:01637) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » SH Group (Holdings) Ltd (HKSE:01637) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 833, Cheung Sha Wan Road, Units 603-606, 6th Floor, Tower I, Cheung Sha Wan Plaza, Kowloon, Hong Kong, HKG

Website

https://www.shunhingeng.com

SH Group (Holdings) Ltd is an investment company. The company is engaged in the provision of electrical and mechanical engineering services. Geographically, the company operates and derives revenue from Hong Kong. Its services include supply, installation, and maintenance of Mechanical Ventilation and Air-conditioning system (MVAC), Low Voltage Electrical system, and other Electrical and Mechanical systems including Fire Services system as well as Plumbing and Drainage system.

SH Group (Holdings) (HKSE:01637) Headlines

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