China Tobacco International (HK) Co (HKSE:06055) Days Payable : 53.46 (As of Dec. 2023)

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What is China Tobacco International (HK) Co Days Payable?

China Tobacco International (HK) Co's average Accounts Payable for the six months ended in Dec. 2023 was HK$1,098 Mil. China Tobacco International (HK) Co's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$3,749 Mil. Hence, China Tobacco International (HK) Co's Days Payable for the six months ended in Dec. 2023 was 53.46.

The historical rank and industry rank for China Tobacco International (HK) Co's Days Payable or its related term are showing as below:

HKSE:06055' s Days Payable Range Over the Past 10 Years
Min: 45.42 Med: 83.13 Max: 165.06
Current: 45.42

During the past 8 years, China Tobacco International (HK) Co's highest Days Payable was 165.06. The lowest was 45.42. And the median was 83.13.

HKSE:06055's Days Payable is ranked worse than
51.02% of 49 companies
in the Tobacco Products industry
Industry Median: 45.42 vs HKSE:06055: 45.42

China Tobacco International (HK) Co's Days Payable declined from Dec. 2022 (74.32) to Dec. 2023 (53.46). It may suggest that China Tobacco International (HK) Co accelerated paying its suppliers.

China Tobacco International (HK) Co Days Payable Historical Data

The historical data trend for China Tobacco International (HK) Co'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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China Tobacco International (HK) Co Days Payable Chart

China Tobacco International (HK) Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

55.45

165.06

74.96

73.69

51.76

China Tobacco International (HK) Co Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial									44.41	72.73	74.32	36.24	53.46

Competitive Comparison of China Tobacco International (HK) Co's Days Payable

For the Tobacco subindustry, China Tobacco International (HK) Co'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.

China Tobacco International (HK) Co's Days Payable Distribution in the Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, China Tobacco International (HK) Co's Days Payable distribution charts can be found below:

* The bar in red indicates where China Tobacco International (HK) Co's Days Payable falls into.

China Tobacco International (HK) Co 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.

China Tobacco International (HK) Co'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
=	( (1815.743	+	1232.557)	/	2 )	/	10747.897	*	365
=	1524.15					/	10747.897	*	365
=	51.76

China Tobacco International (HK) Co'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
=	( (963.953	+	1232.557)	/	2 )	/	3749.243	*	365 / 2
=	1098.255					/	3749.243	*	365 / 2
=	53.46

China Tobacco International (HK) Co Days Payable Related Terms

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China Tobacco International (HK) Co (HKSE:06055) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Tobacco Products » China Tobacco International (HK) Co Ltd (HKSE:06055) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

18 Hung Leun Road, China Life Center, Room 1002, 10th Floor, Tower A, One Harbour Gate, Hung Hom, Kowloon, Hong Kong, HKG

Website

http://www.ctihk.com.hk

China Tobacco International (HK) Co Ltd is engaged in the tobacco business. It operates through the following segments: Tobacco Leaf Products Export Business, the Tobacco Leaf Product Import Business, the Cigarettes Export Business, and New Tobacco Product Export Business. The company's geographical segments are China (excluding the SARs), Indonesia, Hong Kong, Philippines, Vietnam, Singapore, Thailand, and others.

China Tobacco International (HK) Co (HKSE:06055) Headlines

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