Sunac Services Holdings (HKSE:01516) Days Payable : 71.43 (As of Dec. 2023)

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What is Sunac Services Holdings Days Payable?

Sunac Services Holdings's average Accounts Payable for the six months ended in Dec. 2023 was HK$1,196 Mil. Sunac Services Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$3,055 Mil. Hence, Sunac Services Holdings's Days Payable for the six months ended in Dec. 2023 was 71.43.

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

HKSE:01516' s Days Payable Range Over the Past 10 Years
Min: 28.23 Med: 36.37 Max: 73.07
Current: 72.3

During the past 7 years, Sunac Services Holdings's highest Days Payable was 73.07. The lowest was 28.23. And the median was 36.37.

HKSE:01516's Days Payable is ranked worse than
58.9% of 1579 companies
in the Real Estate industry
Industry Median: 98.03 vs HKSE:01516: 72.30

Sunac Services Holdings's Days Payable increased from Dec. 2022 (61.52) to Dec. 2023 (71.43). It may suggest that Sunac Services Holdings delayed paying its suppliers.

Sunac Services Holdings Days Payable Historical Data

The historical data trend for Sunac Services 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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Sunac Services Holdings Days Payable Chart

Sunac Services Holdings Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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32.55

33.19

36.37

57.81

73.07

Sunac Services Holdings Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial							37.47	48.83	61.52	72.45	71.43

Competitive Comparison of Sunac Services Holdings's Days Payable

For the Real Estate Services subindustry, Sunac Services 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.

Sunac Services Holdings's Days Payable Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Sunac Services Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Sunac Services Holdings's Days Payable falls into.

Sunac Services 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.

Sunac Services 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
=	( (1080.423	+	1258.701)	/	2 )	/	5842.592	*	365
=	1169.562					/	5842.592	*	365
=	73.07

Sunac Services 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
=	( (1132.925	+	1258.701)	/	2 )	/	3055.047	*	365 / 2
=	1195.813					/	3055.047	*	365 / 2
=	71.43

Sunac Services Holdings Days Payable Related Terms

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Sunac Services Holdings (HKSE:01516) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Sunac Services Holdings Ltd (HKSE:01516) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

SSHLY:USA

Address

Hongqi Road, Block O1A, 25th Floor, Sunac Center, Nankai District, Tianjin, CHN, 300381

Website

http://www.sunacservice.com

Sunac Services Holdings Ltd is engaged in the provision of property management services, value-added services to non-property owners, community living services and commercial operational services in the PRC.

Executives

Sun Hongbin	2307 Founder of a discretionary trust who can infl
Sunac Holdings Llc	2201 Interest of corporation controlled by you
Sunac International Investment Holdings Ltd	2201 Interest of corporation controlled by you
Sunac China Holdings Limited	2201 Interest of corporation controlled by you
Sunac Services Investment Limited	2101 Beneficial owner
Gai Gong Si Wei Sun Hong Bin Xian Sheng Jia Zu Xin Tuo De Shou Tuo Ren	2201 Interest of corporation controlled by you
Sunac Shine (ptc) Limited	2301 Trustee
Morgan Stanley International Holdings Inc.	2201 Interest of corporation controlled by you
Morgan Stanley International Limited	2201 Interest of corporation controlled by you
Morgan Stanley Investments (uk)	2201 Interest of corporation controlled by you
Morgan Stanley & Co. International Plc	2105 Underwriter

Sunac Services Holdings (HKSE:01516) Headlines

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