Success Universe Group (HKSE:00487) Days Payable : 106.93 (As of Dec. 2023)

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What is Success Universe Group Days Payable?

Success Universe Group's average Accounts Payable for the six months ended in Dec. 2023 was HK$14.2 Mil. Success Universe Group's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$24.2 Mil. Hence, Success Universe Group's Days Payable for the six months ended in Dec. 2023 was 106.93.

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

HKSE:00487' s Days Payable Range Over the Past 10 Years
Min: 3.17 Med: 7.83 Max: 71.44
Current: 71.44

During the past 13 years, Success Universe Group's highest Days Payable was 71.44. The lowest was 3.17. And the median was 7.83.

HKSE:00487's Days Payable is ranked better than
55.03% of 756 companies
in the Travel & Leisure industry
Industry Median: 59.87 vs HKSE:00487: 71.44

Success Universe Group's Days Payable increased from Dec. 2022 (60.46) to Dec. 2023 (106.93). It may suggest that Success Universe Group delayed paying its suppliers.

Success Universe Group Days Payable Historical Data

The historical data trend for Success Universe 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.

* Premium members only.

Success Universe Group Days Payable Chart

Success Universe Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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9.19

15.49

13.94

47.83

67.87

Success Universe Group 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															8.92	34.58	60.46	59.86	106.93

Competitive Comparison of Success Universe Group's Days Payable

For the Travel Services subindustry, Success Universe 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.

Success Universe Group's Days Payable Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Success Universe Group's Days Payable distribution charts can be found below:

* The bar in red indicates where Success Universe Group's Days Payable falls into.

Success Universe 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.

Success Universe 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
=	( (21.676	+	9.981)	/	2 )	/	85.119	*	365
=	15.8285					/	85.119	*	365
=	67.87

Success Universe 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: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (18.321	+	9.981)	/	2 )	/	24.152	*	365 / 2
=	14.151					/	24.152	*	365 / 2
=	106.93

Success Universe Group Days Payable Related Terms

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Success Universe Group (HKSE:00487) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Success Universe Group Ltd (HKSE:00487) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

18 Harcourt Road, Tower 1, Admiralty Centre, Units 1003-04A, 10th Floor, Hong Kong, HKG

Website

http://www.successug.com

Success Universe Group Ltd is a Hong Kong-based investment holding company that is engaged in travel-related and property investment businesses. The travel segment is engaged in the sales of air tickets, tour packages, and other travel-related services, Property investment business receives profit streams from leasing office premises in Hong Kong. It operates the business activity from various locations which includes Hong Kong, Macau, North America, and China. The group generates the majority of its revenue from the Travel segment.

Executives

Silver Rich Macau Development Limited	2101 Beneficial owner
Liu Siu Lam Marian	2202 Interest of your spouse
Yeung Hoi Sing Sonny	2201 Interest of corporation controlled by you

Success Universe Group (HKSE:00487) Headlines

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