GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » CSC Financial Co Ltd (HKSE:06066) » Definitions » Days Payable

CSC Financial Co (HKSE:06066) Days Payable : 4,618.79 (As of Dec. 2023)


View and export this data going back to 2016. Start your Free Trial

What is CSC Financial Co Days Payable?

CSC Financial Co's average Accounts Payable for the six months ended in Dec. 2023 was HK$132,903 Mil. CSC Financial Co's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$5,251 Mil. Hence, CSC Financial Co's Days Payable for the six months ended in Dec. 2023 was 4,618.79.

The historical rank and industry rank for CSC Financial Co's Days Payable or its related term are showing as below:

HKSE:06066' s Days Payable Range Over the Past 10 Years
Min: 2080.18   Med: 3212.76   Max: 4366.63
Current: 4250.78

During the past 11 years, CSC Financial Co's highest Days Payable was 4366.63. The lowest was 2080.18. And the median was 3212.76.

HKSE:06066's Days Payable is ranked better than
93.13% of 524 companies
in the Capital Markets industry
Industry Median: 98.105 vs HKSE:06066: 4250.78

CSC Financial Co's Days Payable increased from Dec. 2022 (3,514.46) to Dec. 2023 (4,618.79). It may suggest that CSC Financial Co delayed paying its suppliers.


CSC Financial Co Days Payable Historical Data

The historical data trend for CSC Financial 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.

* Premium members only.

CSC Financial Co Days Payable Chart

CSC Financial Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,425.59 2,905.51 2,080.18 3,112.67 4,366.63

CSC Financial Co Semi-Annual Data
Dec13 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,931.31 2,841.95 3,514.46 3,852.23 4,618.79

Competitive Comparison of CSC Financial Co's Days Payable

For the Capital Markets subindustry, CSC Financial 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.


CSC Financial Co's Days Payable Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, CSC Financial Co's Days Payable distribution charts can be found below:

* The bar in red indicates where CSC Financial Co's Days Payable falls into.



CSC Financial 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.

CSC Financial 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
=( (147093.143 + 135674.41) / 2 ) / 11818.054*365
=141383.7765 / 11818.054*365
=4,366.63

CSC Financial 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
=( (130130.682 + 135674.41) / 2 ) / 5251.312*365 / 2
=132902.546 / 5251.312*365 / 2
=4,618.79

* 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.


CSC Financial Co Days Payable Related Terms

Thank you for viewing the detailed overview of CSC Financial Co's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.


CSC Financial Co (HKSE:06066) Business Description

Traded in Other Exchanges
Address
No. 188 Chaonei Avenue, Hongan International Building, Dongcheng District, Beijing, CHN, 100010
CSC Financial Co Ltd is engaged in providing capital markets services. The operating segments of the company include investment banking business which includes equity financing business, debt financing business, and financial advisory business; wealth management business which includes brokerage and wealth management business, margin financing, security lending business, and repurchase business; trading and institutional client services business which include equity sales, fixed income sales, and prime brokerage business, and asset management business which include asset management business and fund management business. The company derives the majority of its revenue from the trading and institutional client services segment.

CSC Financial Co (HKSE:06066) Headlines

No Headlines