CASH Financial Services Group (STU:CFN) Days Payable : 3,632.33 (As of Dec. 2023)

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What is CASH Financial Services Group Days Payable?

CASH Financial Services Group's average Accounts Payable for the six months ended in Dec. 2023 was €46.77 Mil. CASH Financial Services Group's Cost of Goods Sold for the six months ended in Dec. 2023 was €2.35 Mil. Hence, CASH Financial Services Group's Days Payable for the six months ended in Dec. 2023 was 3,632.33.

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

STU:CFN' s Days Payable Range Over the Past 10 Years
Min: 2440.45 Med: 3238.71 Max: 3997.19
Current: 3011.06

During the past 13 years, CASH Financial Services Group's highest Days Payable was 3997.19. The lowest was 2440.45. And the median was 3238.71.

STU:CFN's Days Payable is ranked better than
91.22% of 524 companies
in the Capital Markets industry
Industry Median: 99.895 vs STU:CFN: 3011.06

CASH Financial Services Group's Days Payable increased from Dec. 2022 (2,301.77) to Dec. 2023 (3,632.33). It may suggest that CASH Financial Services Group delayed paying its suppliers.

CASH Financial Services Group Days Payable Historical Data

The historical data trend for CASH Financial Services Group'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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CASH Financial Services Group Days Payable Chart

CASH Financial Services Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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3,024.24

3,614.84

3,288.88

2,349.88

3,125.18

CASH Financial Services Group Semi-Annual Data
	Jun14	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															3,034.55	2,672.65	2,301.77	2,631.10	3,632.33

Competitive Comparison of CASH Financial Services Group's Days Payable

For the Capital Markets subindustry, CASH Financial Services Group'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.

CASH Financial Services Group's Days Payable Distribution in the Capital Markets Industry

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

* The bar in red indicates where CASH Financial Services Group's Days Payable falls into.

CASH Financial Services Group 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.

CASH Financial Services Group'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
=	( (61.951	+	44.168)	/	2 )	/	6.197	*	365
=	53.0595					/	6.197	*	365
=	3,125.18

CASH Financial Services Group'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
=	( (49.377	+	44.168)	/	2 )	/	2.35	*	365 / 2
=	46.7725					/	2.35	*	365 / 2
=	3,632.33

CASH Financial Services Group Days Payable Related Terms

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CASH Financial Services Group (STU:CFN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » CASH Financial Services Group Ltd (STU:CFN) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

00510:Hong Kong

Address

23 Wang Tai Road, 22nd Floor, Manhattan Place, Kowloon Bay, Hong Kong, HKG

Website

https://www.cfsg.com.hk

CASH Financial Services Group Ltd states itself as a financial services conglomerate in China which provides mobile and premium trading, investment banking, algo trading and corporate finance advisory, wealth and asset management, alternative trading, and various other products and services. The company has two reportable segments namely Financial services (including broking, investment banking, asset management and wealth management services) and Proprietary trading activities for the purposes of resource allocation and performance assessment. It generates maximum revenue from Financial services segment. Geographically, it derives a majority of revenue from Hong Kong.

CASH Financial Services Group (STU:CFN) Headlines

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