Space Group Holdings (HKSE:02448) Days Payable : 231.03 (As of Dec. 2023)

View and export this data going back to 2018. Start your Free Trial

What is Space Group Holdings Days Payable?

Space Group Holdings's average Accounts Payable for the six months ended in Dec. 2023 was HK$95.0 Mil. Space Group Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$75.0 Mil. Hence, Space Group Holdings's Days Payable for the six months ended in Dec. 2023 was 231.03.

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

HKSE:02448' s Days Payable Range Over the Past 10 Years
Min: 41.5 Med: 110.26 Max: 540.82
Current: 138.51

During the past 10 years, Space Group Holdings's highest Days Payable was 540.82. The lowest was 41.50. And the median was 110.26.

HKSE:02448's Days Payable is ranked better than
74.69% of 1604 companies
in the Construction industry
Industry Median: 74.885 vs HKSE:02448: 138.51

Space Group Holdings's Days Payable increased from Dec. 2022 (40.81) to Dec. 2023 (231.03). It may suggest that Space Group Holdings delayed paying its suppliers.

Space Group Holdings Days Payable Historical Data

The historical data trend for Space 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.

* Premium members only.

Space Group Holdings Days Payable Chart

Space Group Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

71.36

55.59

41.50

42.03

162.20

Space Group Holdings Semi-Annual Data
	Dec14	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													44.83	41.84	40.81	68.02	231.03

Competitive Comparison of Space Group Holdings's Days Payable

For the Engineering & Construction subindustry, Space 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.

Space Group Holdings's Days Payable Distribution in the Construction Industry

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

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

Space 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.

Space Group 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
=	( (47.461	+	137.868)	/	2 )	/	208.528	*	365
=	92.6645					/	208.528	*	365
=	162.20

Space Group 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
=	( (52.062	+	137.868)	/	2 )	/	75.016	*	365 / 2
=	94.965					/	75.016	*	365 / 2
=	231.03

Space Group Holdings Days Payable Related Terms

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

Space Group Holdings (HKSE:02448) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Space Group Holdings Ltd (HKSE:02448) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

8C, Avenida de Marciano Baptista 18, Edificio Centro Comercial Chong Fok, Macau, MAC

Website

https://www.spacegroup.com.mo

Space Group Holdings Limited is an investment holding company principally engaged in the provision of fitting-out works in Macau. The Company operates two business segments. The Fitting-out Works segment is involved in the execution of fitting-out works, procurement of materials, site supervision, management of subcontractors, overall project management, and interior decorative and modification works for existing buildings. The Building Construction Works segment is involved in structural building works, procurement of materials, site supervision, management of subcontractors, and overall project management.

Space Group Holdings (HKSE:02448) Headlines

No Headlines