Shoucheng Holdings (Shoucheng Holdings) Days Payable : 292.21 (As of Dec. 2023)

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What is Shoucheng Holdings Days Payable?

Shoucheng Holdings's average Accounts Payable for the three months ended in Dec. 2023 was $62.2 Mil. Shoucheng Holdings's Cost of Goods Sold for the three months ended in Dec. 2023 was $19.4 Mil. Hence, Shoucheng Holdings's Days Payable for the three months ended in Dec. 2023 was 292.21.

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

SCGEY' s Days Payable Range Over the Past 10 Years
Min: 40.91 Med: 267.46 Max: 11515.42
Current: 286.46

During the past 13 years, Shoucheng Holdings's highest Days Payable was 11515.42. The lowest was 40.91. And the median was 267.46.

SCGEY's Days Payable is ranked better than
88.9% of 1604 companies
in the Construction industry
Industry Median: 74.12 vs SCGEY: 286.46

Shoucheng Holdings's Days Payable increased from Dec. 2022 (269.94) to Dec. 2023 (292.21). It may suggest that Shoucheng Holdings delayed paying its suppliers.

Shoucheng Holdings Days Payable Historical Data

The historical data trend for Shoucheng 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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Shoucheng Holdings Days Payable Chart

Shoucheng Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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78.75

77.88

167.67

253.13

292.92

Shoucheng Holdings Quarterly Data
	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															269.94	269.52	287.06	284.51	292.21

Competitive Comparison of Shoucheng Holdings's Days Payable

For the Infrastructure Operations subindustry, Shoucheng 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.

Shoucheng Holdings's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, Shoucheng Holdings's Days Payable distribution charts can be found below:

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

Shoucheng 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.

Shoucheng 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
=	( (45.463	+	62.176)	/	2 )	/	67.064	*	365
=	53.8195					/	67.064	*	365
=	292.92

Shoucheng 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: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (0	+	62.176)	/	1 )	/	19.416	*	365 / 4
=	62.176					/	19.416	*	365 / 4
=	292.21

Shoucheng Holdings Days Payable Related Terms

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Shoucheng Holdings (Shoucheng Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Shoucheng Holdings Ltd (OTCPK:SCGEY) » Definitions » Days Payable

Traded in Other Exchanges

00697:Hong Kong

Address

56 Gloucester Road, 7th Floor, Bank of East Asia Harbour View Centre, Wanchai, Hong Kong, HKG

Website

https://www.shouchengholdings.com

Shoucheng Holdings Ltd is engaged in the operation and management of car parking assets; and the management of private funds oriented towards urban development. Its segment comprises of Parking business and Fund management. The parking business segment that derives the majority of revenue engages in the management and operations of car parking assets. The Fund management segment engages in management of private funds.

Shoucheng Holdings (Shoucheng Holdings) Headlines

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