City Developments (City Developments) Days Payable : 32.87 (As of Dec. 2023)

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What is City Developments Days Payable?

City Developments's average Accounts Payable for the six months ended in Dec. 2023 was $186 Mil. City Developments's Cost of Goods Sold for the six months ended in Dec. 2023 was $1,032 Mil. Hence, City Developments's Days Payable for the six months ended in Dec. 2023 was 32.87.

The historical rank and industry rank for City Developments's Days Payable or its related term are showing as below:

CDEVY' s Days Payable Range Over the Past 10 Years
Min: 26.46 Med: 36.18 Max: 86.06
Current: 28.26

During the past 13 years, City Developments's highest Days Payable was 86.06. The lowest was 26.46. And the median was 36.18.

CDEVY's Days Payable is ranked worse than
82.11% of 1571 companies
in the Real Estate industry
Industry Median: 96.91 vs CDEVY: 28.26

City Developments's Days Payable declined from Dec. 2022 (40.43) to Dec. 2023 (32.87). It may suggest that City Developments accelerated paying its suppliers.

City Developments Days Payable Historical Data

The historical data trend for City Developments'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.

City Developments Days Payable Chart

City Developments Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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33.52

38.24

40.05

47.22

28.74

City Developments 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															50.50	53.44	40.43	24.19	32.87

Competitive Comparison of City Developments's Days Payable

For the Real Estate - Development subindustry, City Developments'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.

City Developments's Days Payable Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, City Developments's Days Payable distribution charts can be found below:

* The bar in red indicates where City Developments's Days Payable falls into.

City Developments 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.

City Developments'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
=	( (197.415	+	191.82)	/	2 )	/	2471.699	*	365
=	194.6175					/	2471.699	*	365
=	28.74

City Developments'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
=	( (180.049	+	191.82)	/	2 )	/	1032.484	*	365 / 2
=	185.9345					/	1032.484	*	365 / 2
=	32.87

City Developments Days Payable Related Terms

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City Developments (City Developments) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » City Developments Ltd (OTCPK:CDEVY) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

C70.PFD:Singapore C09:Singapore

Address

9 Raffles Place, No. 12-01 Republic Plaza, Singapore, SGP, 048619

Website

http://www.cdl.com.sg

City Developments, or CDL, is a listed property group of parent company Hong Leong Group. CDL's main businesses in property development and hotel operations makes up the majority of the group's operating profit. A portfolio of investment properties underpins recurring rental income and increasing income from investment properties is a key strategy for the group in the medium term. CDL's key geography is in Singapore with almost half of the group's total assets derived there. Its expansion into international markets is focused on the United Kingdom, China and Japan. CDL privatized its hotel operations, Millennium and Copthorne in 2019.

City Developments (City Developments) Headlines

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