Sinolink Worldwide Holdings (HKSE:01168) Days Payable : 68.36 (As of Dec. 2023)

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What is Sinolink Worldwide Holdings Days Payable?

Sinolink Worldwide Holdings's average Accounts Payable for the six months ended in Dec. 2023 was HK$29.5 Mil. Sinolink Worldwide Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$78.7 Mil. Hence, Sinolink Worldwide Holdings's Days Payable for the six months ended in Dec. 2023 was 68.36.

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

HKSE:01168' s Days Payable Range Over the Past 10 Years
Min: 62.62 Med: 96.87 Max: 1032.13
Current: 71.4

During the past 13 years, Sinolink Worldwide Holdings's highest Days Payable was 1032.13. The lowest was 62.62. And the median was 96.87.

HKSE:01168's Days Payable is ranked worse than
59.68% of 1580 companies
in the Real Estate industry
Industry Median: 99.26 vs HKSE:01168: 71.40

Sinolink Worldwide Holdings's Days Payable declined from Dec. 2022 (86.24) to Dec. 2023 (68.36). It may suggest that Sinolink Worldwide Holdings accelerated paying its suppliers.

Sinolink Worldwide Holdings Days Payable Historical Data

The historical data trend for Sinolink Worldwide 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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Sinolink Worldwide Holdings Days Payable Chart

Sinolink Worldwide Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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74.60

592.35

1,032.13

577.19

72.75

Sinolink Worldwide 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															549.28	583.19	86.24	73.26	68.36

Competitive Comparison of Sinolink Worldwide Holdings's Days Payable

For the Real Estate - Diversified subindustry, Sinolink Worldwide 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.

Sinolink Worldwide Holdings's Days Payable Distribution in the Real Estate Industry

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

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

Sinolink Worldwide 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.

Sinolink Worldwide 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
=	( (30.182	+	30.376)	/	2 )	/	151.921	*	365
=	30.279					/	151.921	*	365
=	72.75

Sinolink Worldwide 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
=	( (28.592	+	30.376)	/	2 )	/	78.714	*	365 / 2
=	29.484					/	78.714	*	365 / 2
=	68.36

Sinolink Worldwide Holdings Days Payable Related Terms

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Sinolink Worldwide Holdings (HKSE:01168) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Sinolink Worldwide Holdings Ltd (HKSE:01168) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

199 Des Voeux Road Central, 28th Floor, Infinitus Plaza, Hong Kong, HKG

Website

http://www.sinolinkhk.com

Sinolink Worldwide Holdings Ltd is an investment holding company engaged in property-related business. The operating segments of the company are 1) Property development segment includes property development and sale of properties; 2) Property investment segment includes property leasing; 3) Property management segment includes provision of property management services; 4) Financing services segment includes provision of efficient financial leasing solutions and multiple consultancy services; 5) Others segment includes Income from operating hotel and primary school and provision of project management services.

Executives

Ou Yaping	2101 Beneficial owner
Asia Pacific Promotion Limited	2101 Beneficial owner

Sinolink Worldwide Holdings (HKSE:01168) Headlines

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