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Orient Overseas (International) (HKSE:00316) Days Payable : 11.78 (As of Dec. 2023)


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What is Orient Overseas (International) Days Payable?

Orient Overseas (International)'s average Accounts Payable for the six months ended in Dec. 2023 was HK$1,790 Mil. Orient Overseas (International)'s Cost of Goods Sold for the six months ended in Dec. 2023 was HK$27,730 Mil. Hence, Orient Overseas (International)'s Days Payable for the six months ended in Dec. 2023 was 11.78.

The historical rank and industry rank for Orient Overseas (International)'s Days Payable or its related term are showing as below:

HKSE:00316' s Days Payable Range Over the Past 10 Years
Min: 8.9   Med: 12.85   Max: 16.83
Current: 11.38

During the past 13 years, Orient Overseas (International)'s highest Days Payable was 16.83. The lowest was 8.90. And the median was 12.85.

HKSE:00316's Days Payable is ranked worse than
91.39% of 929 companies
in the Transportation industry
Industry Median: 39.02 vs HKSE:00316: 11.38

Orient Overseas (International)'s Days Payable increased from Dec. 2022 (10.54) to Dec. 2023 (11.78). It may suggest that Orient Overseas (International) delayed paying its suppliers.


Orient Overseas (International) Days Payable Historical Data

The historical data trend for Orient Overseas (International)'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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Orient Overseas (International) Days Payable Chart

Orient Overseas (International) 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 13.03 15.49 11.79 8.90 12.06

Orient Overseas (International) 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 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 10.14 9.91 10.54 10.34 11.78

Competitive Comparison of Orient Overseas (International)'s Days Payable

For the Marine Shipping subindustry, Orient Overseas (International)'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.


Orient Overseas (International)'s Days Payable Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Orient Overseas (International)'s Days Payable distribution charts can be found below:

* The bar in red indicates where Orient Overseas (International)'s Days Payable falls into.



Orient Overseas (International) 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.

Orient Overseas (International)'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
=( (1681.047 + 2030.22) / 2 ) / 56140.927*365
=1855.6335 / 56140.927*365
=12.06

Orient Overseas (International)'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
=( (1548.803 + 2030.22) / 2 ) / 27729.82*365 / 2
=1789.5115 / 27729.82*365 / 2
=11.78

* 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.


Orient Overseas (International) Days Payable Related Terms

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Orient Overseas (International) (HKSE:00316) Business Description

Traded in Other Exchanges
Address
25 Harbour Road, 31st Floor, Harbour Centre, Wanchai, Hong Kong, HKG
Orient Overseas (International) Ltd is engaged in container transport and logistics. Container transport and logistics include containerized shipping services in majorly trade lanes, covering Trans-Pacific, Trans-Atlantic, Asia/Europe, Asia/Australia, and Intra-Asia trades, and integrated services over the management and control of effective storage and flow of goods. Revenue comprises gross freight income, charter hire, service, and other income from the operation of the container transport and logistics and rental income from the investment property.

Orient Overseas (International) (HKSE:00316) Headlines

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