Switch to:
Cheung Kong Holdings Ltd (OTCPK:CHEUY)
Days Payable
9.31 (As of Dec. 2013)

Cheung Kong Holdings Ltd's payable for the six months ended in Dec. 2013 was $159 Mil. Cheung Kong Holdings Ltd's revenue for the six months ended in Dec. 2013 was $1,552 Mil. Hence, Cheung Kong Holdings Ltd's days payable for the six months ended in Dec. 2013 was 9.31.

Cheung Kong Holdings Ltd's days payable declined from Dec. 2012 (30.71) to Dec. 2013 (9.31). It may suggest that Cheung Kong Holdings Ltd accelerated paying its suppliers.


Definition

Days Payable indicates the number of days that the account payable relative to revenue the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Cheung Kong Holdings Ltd's Days Payable for the fiscal year that ended in Dec. 2013 is calculated as

Days Payable=Payable/Revenue*Days in Period
=158.803815416/2768.75483372*365
=20.93

Cheung Kong Holdings Ltd's Days Payable for the quarter that ended in Dec. 2013 is calculated as:

Days Payable=Payable/Revenue*Days in Period
=158.803815416/1551.94637793*91
=9.31

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Related Terms

Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Cheung Kong Holdings Ltd Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
DaysPayable 0.000.000.000.0054.8041.2428.860.0045.7020.93

Cheung Kong Holdings Ltd Semi-Annual Data

Jun09Dec09Jun10Dec10Jun11Dec11Jun12Dec12Jun13Dec13
DaysPayable 0.0038.368.1223.7888.530.0084.2130.710.009.31
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK
Email Hide