Sino Hotels (Holdings) (HKSE:01221) Days Payable : 31.85 (As of Dec. 2023)

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What is Sino Hotels (Holdings) Days Payable?

Sino Hotels (Holdings)'s average Accounts Payable for the six months ended in Dec. 2023 was HK$4.9 Mil. Sino Hotels (Holdings)'s Cost of Goods Sold for the six months ended in Dec. 2023 was HK$28.1 Mil. Hence, Sino Hotels (Holdings)'s Days Payable for the six months ended in Dec. 2023 was 31.85.

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

HKSE:01221' s Days Payable Range Over the Past 10 Years
Min: 27.44 Med: 44.99 Max: 80.85
Current: 32.12

During the past 13 years, Sino Hotels (Holdings)'s highest Days Payable was 80.85. The lowest was 27.44. And the median was 44.99.

HKSE:01221's Days Payable is ranked worse than
72.28% of 754 companies
in the Travel & Leisure industry
Industry Median: 58.165 vs HKSE:01221: 32.12

Sino Hotels (Holdings)'s Days Payable increased from Dec. 2022 (27.11) to Dec. 2023 (31.85). It may suggest that Sino Hotels (Holdings) delayed paying its suppliers.

Sino Hotels (Holdings) Days Payable Historical Data

The historical data trend for Sino Hotels (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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Sino Hotels (Holdings) Days Payable Chart

Sino Hotels (Holdings) Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Payable

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30.07

41.76

48.22

29.54

27.44

Sino Hotels (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															33.05	32.65	27.11	29.33	31.85

Competitive Comparison of Sino Hotels (Holdings)'s Days Payable

For the Lodging subindustry, Sino Hotels (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.

Sino Hotels (Holdings)'s Days Payable Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Sino Hotels (Holdings)'s Days Payable distribution charts can be found below:

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

Sino Hotels (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.

Sino Hotels (Holdings)'s Days Payable for the fiscal year that ended in Jun. 2023 is calculated as

	Days Payable (A: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2022 )	+	Accounts Payable (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (5.117	+	3.941)	/	2 )	/	60.233	*	365
=	4.529					/	60.233	*	365
=	27.44

Sino Hotels (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
=	( (3.941	+	5.854)	/	2 )	/	28.06	*	365 / 2
=	4.8975					/	28.06	*	365 / 2
=	31.85

Sino Hotels (Holdings) Days Payable Related Terms

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Sino Hotels (Holdings) (HKSE:01221) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Sino Hotels (Holdings) Ltd (HKSE:01221) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Salisbury Road, 12th Floor, Tsim Sha Tsui Centre, Tsim Sha Tsui, Kowloon, Hong Kong, HKG

Website

https://www.sino.com

Sino Hotels (Holdings) Ltd is a Hong Kong-based investment holding company. It is engaged in the operation and management of hotels. The hotels under the operation of the group include City Garden Hotel, The Royal Pacific Hotel & Towers, and Conrad Hong Kong, among others. The company divides its business into the segments of Hotel operation, Investment holding, Hotel operation(share of results of associates), and Other, of which key revenue is derived from the Hotel operation segment which involves the operation of City Garden Hotel. All of the activities of the group are based in Hong Kong.

Sino Hotels (Holdings) (HKSE:01221) Headlines

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