China Development Bank Financial Leasing Co (HKSE:01606) Days Payable : 6,391.53 (As of Dec. 2023)

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What is China Development Bank Financial Leasing Co Days Payable?

China Development Bank Financial Leasing Co's average Accounts Payable for the six months ended in Dec. 2023 was HK$9,864 Mil. China Development Bank Financial Leasing Co's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$282 Mil. Hence, China Development Bank Financial Leasing Co's Days Payable for the six months ended in Dec. 2023 was 6,391.53.

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

HKSE:01606' s Days Payable Range Over the Past 10 Years
Min: 137.5 Med: 10686.93 Max: 37247.27
Current: 5686.12

During the past 11 years, China Development Bank Financial Leasing Co's highest Days Payable was 37247.27. The lowest was 137.50. And the median was 10686.93.

HKSE:01606's Days Payable is ranked better than
99.35% of 922 companies
in the Business Services industry
Industry Median: 47.92 vs HKSE:01606: 5686.12

China Development Bank Financial Leasing Co's Days Payable increased from Dec. 2022 (64.95) to Dec. 2023 (6,391.53). It may suggest that China Development Bank Financial Leasing Co delayed paying its suppliers.

China Development Bank Financial Leasing Co Days Payable Historical Data

The historical data trend for China Development Bank Financial Leasing 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 Development Bank Financial Leasing Co Days Payable Chart

China Development Bank Financial Leasing Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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16,397.05

14,476.72

137.50

143.06

4,544.17

China Development Bank Financial Leasing 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															45.70	1,780.06	64.95	6,078.35	6,391.53

Competitive Comparison of China Development Bank Financial Leasing Co's Days Payable

For the Rental & Leasing Services subindustry, China Development Bank Financial Leasing 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 Development Bank Financial Leasing Co's Days Payable Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, China Development Bank Financial Leasing Co's Days Payable distribution charts can be found below:

* The bar in red indicates where China Development Bank Financial Leasing Co's Days Payable falls into.

China Development Bank Financial Leasing 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 Development Bank Financial Leasing 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
=	( (3334.373	+	8952.591)	/	2 )	/	493.461	*	365
=	6143.482					/	493.461	*	365
=	4,544.17

China Development Bank Financial Leasing 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
=	( (10775.063	+	8952.591)	/	2 )	/	281.646	*	365 / 2
=	9863.827					/	281.646	*	365 / 2
=	6,391.53

China Development Bank Financial Leasing Co Days Payable Related Terms

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China Development Bank Financial Leasing Co (HKSE:01606) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » China Development Bank Financial Leasing Co Ltd (HKSE:01606) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

2C6:Germany

Address

No. 2003 Fuzhong, Third Road, CDB Financial Center, Futian District, Guangdong Province, Shenzhen, CHN, 518026

Website

http://www.cdb-leasing.com

China Development Bank Financial Leasing Co Ltd is engaged in providing leasing services to customers in industries such as aviation, infrastructure, shipping, commercial vehicle, and construction machinery. The operating business segments are Aircraft Leasing, Infrastructure Leasing, Ship Leasing, Inclusive Finance, and Other Leasing businesses. The activities of the company include finance lease business, accepting lease deposits, interbank lending, an project consultancy, and providing a guarantee.

Executives

Central Huijin Investment Ltd.	2201 Interest of corporation controlled by you
Zhong Guo Zai Bao Xian Ji Tuan Gu Fen You Xian Gong Si	2101 Beneficial owner
Ubs Group Ag	2201 Interest of corporation controlled by you
Quan Guo She Hui Bao Zhang Ji Jin Li Shi Hui	2101 Beneficial owner
Bank Of China Limited	2201 Interest of corporation controlled by you
San Xia Zi Ben Kong Gu You Xian Ze Ren Gong Si	2201 Interest of corporation controlled by you
Zhong Guo Zhang Jiang San Xia Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Cssc International Holding Company Limited	2101 Beneficial owner
State-owned Assets Supervision And Administration Commission	2201 Interest of corporation controlled by you
Zhong Guo Chuan Bo Gong Ye Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you

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