Sino Splendid Holdings (HKSE:08006) Days Payable : 0.00 (As of Sep. 2023)

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What is Sino Splendid Holdings Days Payable?

Sino Splendid Holdings's average Accounts Payable for the three months ended in Sep. 2023 was HK$0.00 Mil. Sino Splendid Holdings's Cost of Goods Sold for the three months ended in Sep. 2023 was HK$10.10 Mil. Hence, Sino Splendid Holdings's Days Payable for the three months ended in Sep. 2023 was 0.00.

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

HKSE:08006' s Days Payable Range Over the Past 10 Years
Min: 0.24 Med: 23.29 Max: 63.15
Current: 0.24

During the past 13 years, Sino Splendid Holdings's highest Days Payable was 63.15. The lowest was 0.24. And the median was 23.29.

HKSE:08006's Days Payable is ranked worse than
99.89% of 926 companies
in the Media - Diversified industry
Industry Median: 79.395 vs HKSE:08006: 0.24

Sino Splendid Holdings's Days Payable declined from Sep. 2022 (4.67) to Sep. 2023 (0.00). It may suggest that Sino Splendid Holdings accelerated paying its suppliers.

Sino Splendid Holdings Days Payable Historical Data

The historical data trend for Sino Splendid 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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Sino Splendid Holdings Days Payable Chart

Sino Splendid Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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15.12

23.51

7.28

4.64

0.24

Sino Splendid Holdings 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															0.17	0.36	-	-	-

Competitive Comparison of Sino Splendid Holdings's Days Payable

For the Publishing subindustry, Sino Splendid 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.

Sino Splendid Holdings's Days Payable Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Sino Splendid Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Sino Splendid Holdings's Days Payable falls into.

Sino Splendid 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.

Sino Splendid Holdings's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (1.106	+	0.023)	/	2 )	/	44.437	*	365
=	0.5645					/	44.437	*	365
=	4.64

Sino Splendid 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: Jun. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	10.1	*	365 / 4
=	0					/	10.1	*	365 / 4
=	0.00

Sino Splendid Holdings Days Payable Related Terms

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Sino Splendid Holdings (HKSE:08006) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Sino Splendid Holdings Ltd (HKSE:08006) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

18 Queen’s Road Central, New World Tower, Unit 2302, 23rd Floor, Sheung Wan, Hong Kong, HKG

Website

http://www.sinosplendid.com

Sino Splendid Holdings Ltd is an investment holding company. The group is principally engaged in travel media operations with the provision of advertising services through internet and travel magazines, event organizing services, and magazine publication; provision of contents and advertising services in a financial magazine distributed in the People's Republic of China and investment in securities and money lending. The company operates in five segments namely travel media business; financial magazine business; securities investment; money lending; and virtual reality. It derives revenue from travel media business that provides advertising services through the internet and travel magazines, event organizing services, and magazine publication.

Sino Splendid Holdings (HKSE:08006) Headlines

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