Shun Tak Holdings (HKSE:00242) Days Payable : 122.78 (As of Dec. 2023)

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What is Shun Tak Holdings Days Payable?

Shun Tak Holdings's average Accounts Payable for the six months ended in Dec. 2023 was HK$987 Mil. Shun Tak Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$1,468 Mil. Hence, Shun Tak Holdings's Days Payable for the six months ended in Dec. 2023 was 122.78.

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

HKSE:00242' s Days Payable Range Over the Past 10 Years
Min: 94.24 Med: 233.07 Max: 482.53
Current: 144.74

During the past 13 years, Shun Tak Holdings's highest Days Payable was 482.53. The lowest was 94.24. And the median was 233.07.

HKSE:00242's Days Payable is ranked better than
62.01% of 1574 companies
in the Real Estate industry
Industry Median: 96.755 vs HKSE:00242: 144.74

Shun Tak Holdings's Days Payable declined from Dec. 2022 (197.47) to Dec. 2023 (122.78). It may suggest that Shun Tak Holdings accelerated paying its suppliers.

Shun Tak Holdings Days Payable Historical Data

The historical data trend for Shun Tak 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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Shun Tak Holdings Days Payable Chart

Shun Tak Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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94.24

314.17

182.19

198.06

128.83

Shun Tak Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial															175.13	207.18	197.47	211.05	122.78

Competitive Comparison of Shun Tak Holdings's Days Payable

For the Real Estate - Diversified subindustry, Shun Tak 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.

Shun Tak Holdings's Days Payable Distribution in the Real Estate Industry

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

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

Shun Tak 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.

Shun Tak 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
=	( (666.316	+	901.015)	/	2 )	/	2220.274	*	365
=	783.6655					/	2220.274	*	365
=	128.83

Shun Tak 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: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (1073.969	+	901.015)	/	2 )	/	1467.855	*	365 / 2
=	987.492					/	1467.855	*	365 / 2
=	122.78

Shun Tak Holdings Days Payable Related Terms

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Shun Tak Holdings (HKSE:00242) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Shun Tak Holdings Ltd (HKSE:00242) » Definitions » Days Payable

Traded in Other Exchanges

SHTGF:USA XUN:Germany

Address

200 Connaught Road Central, Penthouse 39th Floor, West Tower, Shun Tak Centre, Hong Kong, HKG

Website

https://www.shuntakgroup.com

Shun Tak Holdings Ltd is a provider of multiple lines of services predominantly in Macau. Its main business is that of property development, contributing the majority of its revenue. Shun Tak's property segment covers commercial, residential, and retail property spaces. It operates through the following business segments: Property, Transportation, Hospitality, and Investment. The Property segment includes property development and sales, leasing, and management services. The Transportation segment provides passenger transportation services. The Hospitality segment performs hotel operations, hotel management, and travel agency services. The Investment segment involves investment holding and others.

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