SU Group Holdings (SU Group Holdings) Days Payable : 70.01 (As of Sep. 2023)

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What is SU Group Holdings Days Payable?

SU Group Holdings's average Accounts Payable for the six months ended in Sep. 2023 was $2.16 Mil. SU Group Holdings's Cost of Goods Sold for the six months ended in Sep. 2023 was $5.63 Mil. Hence, SU Group Holdings's Days Payable for the six months ended in Sep. 2023 was 70.01.

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

SUGP' s Days Payable Range Over the Past 10 Years
Min: 16.46 Med: 24.82 Max: 38.99
Current: 38.99

During the past 3 years, SU Group Holdings's highest Days Payable was 38.99. The lowest was 16.46. And the median was 24.82.

SUGP's Days Payable is ranked worse than
57.42% of 923 companies
in the Business Services industry
Industry Median: 47.09 vs SUGP: 38.99

SU Group Holdings's Days Payable increased from Sep. 2022 (11.91) to Sep. 2023 (70.01). It may suggest that SU Group Holdings delayed paying its suppliers.

SU Group Holdings Days Payable Historical Data

The historical data trend for SU 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.

SU Group Holdings Days Payable Chart

SU Group Holdings Annual Data

Trend

Sep21

Sep22

Sep23

Days Payable

24.82

16.46

30.40

SU Group Holdings Semi-Annual Data
	Sep21	Mar22	Sep22	Mar23	Sep23
Days Payable	-	20.94	11.91	26.72	70.01

Competitive Comparison of SU Group Holdings's Days Payable

For the Security & Protection Services subindustry, SU 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.

SU Group Holdings's Days Payable Distribution in the Business Services Industry

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

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

SU 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.

SU Group Holdings's Days Payable for the fiscal year that ended in Sep. 2023 is calculated as

	Days Payable (A: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Sep. 2022 )	+	Accounts Payable (A: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (A: Sep. 2023 )	*	Days in Period
=	( (0.404	+	2.057)	/	2 )	/	14.773	*	365
=	1.2305					/	14.773	*	365
=	30.40

SU Group Holdings's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

	Days Payable (Q: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (2.265	+	2.057)	/	2 )	/	5.633	*	365 / 2
=	2.161					/	5.633	*	365 / 2
=	70.01

SU Group Holdings Days Payable Related Terms

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SU Group Holdings (SU Group Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » SU Group Holdings Ltd (NAS:SUGP) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

31 Hung To Road, Unit 01 – 03, 3/F, Billion Trade Centre, Kwun Tong, Kowloon, Hong Kong, HKG

Website

https://www.sugroup.com.hk

SU Group Holdings Ltd and its subsidiaries is an integrated security-related services company that primarily provides security-related engineering services, and to a lesser extent, security guarding and screening services and related vocational training services, in Hong Kong.

SU Group Holdings (SU Group Holdings) Headlines

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