Sino-Life Group (HKSE:08296) Days Payable : 143.83 (As of Dec. 2023)

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What is Sino-Life Group Days Payable?

Sino-Life Group's average Accounts Payable for the three months ended in Dec. 2023 was HK$12.93 Mil. Sino-Life Group's Cost of Goods Sold for the three months ended in Dec. 2023 was HK$8.20 Mil. Hence, Sino-Life Group's Days Payable for the three months ended in Dec. 2023 was 143.83.

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

HKSE:08296' s Days Payable Range Over the Past 10 Years
Min: 14.91 Med: 62.36 Max: 135.94
Current: 84.19

During the past 13 years, Sino-Life Group's highest Days Payable was 135.94. The lowest was 14.91. And the median was 62.36.

HKSE:08296's Days Payable is ranked better than
76.77% of 99 companies
in the Personal Services industry
Industry Median: 29.65 vs HKSE:08296: 84.19

Sino-Life Group's Days Payable increased from Dec. 2022 (96.66) to Dec. 2023 (143.83). It may suggest that Sino-Life Group delayed paying its suppliers.

Sino-Life Group Days Payable Historical Data

The historical data trend for Sino-Life Group'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-Life Group Days Payable Chart

Sino-Life Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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32.11

23.56

84.98

135.94

117.00

Sino-Life Group Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															96.66	71.33	28.34	28.19	143.83

Competitive Comparison of Sino-Life Group's Days Payable

For the Personal Services subindustry, Sino-Life Group'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-Life Group's Days Payable Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Sino-Life Group's Days Payable distribution charts can be found below:

* The bar in red indicates where Sino-Life Group's Days Payable falls into.

Sino-Life Group 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-Life Group'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
=	( (14.485	+	12.925)	/	2 )	/	42.755	*	365
=	13.705					/	42.755	*	365
=	117.00

Sino-Life Group'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: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (0	+	12.925)	/	1 )	/	8.2	*	365 / 4
=	12.925					/	8.2	*	365 / 4
=	143.83

Sino-Life Group Days Payable Related Terms

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Sino-Life Group (HKSE:08296) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » Sino-Life Group Ltd (HKSE:08296) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

77 Wing Lok Street, 18th Floor, Ovest, Sheung Wan, Hong Kong, HKG

Website

https://www.sinolifegroup.com//index_en.asp

Sino-Life Group Ltd offers funeral services. It is primarily engaged in the provision of funeral and related services, the sale of burial plots and provision of cemetery maintenance services. The company operates in the segments of Funeral services, Elderly care services, and Stem cells and immunocytes business. It derives prime revenue from the Funeral services segment. Geographically, the group has a business presence in the PRC, Taiwan, Hong Kong, and Vietnam, of which a majority of revenue is generated from the PRC.

Sino-Life Group (HKSE:08296) Headlines

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