GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » China Unicom (Hong Kong) Ltd (OTCPK:CHUFF) » Definitions » Days Payable

China Unicom (Hong Kong) (China Unicom (Hong Kong)) Days Payable : 553.34 (As of Dec. 2023)


View and export this data going back to . Start your Free Trial

What is China Unicom (Hong Kong) Days Payable?

China Unicom (Hong Kong)'s average Accounts Payable for the three months ended in Dec. 2023 was $22,587 Mil. China Unicom (Hong Kong)'s Cost of Goods Sold for the three months ended in Dec. 2023 was $3,725 Mil. Hence, China Unicom (Hong Kong)'s Days Payable for the three months ended in Dec. 2023 was 553.34.

The historical rank and industry rank for China Unicom (Hong Kong)'s Days Payable or its related term are showing as below:

CHUFF' s Days Payable Range Over the Past 10 Years
Min: 306.42   Med: 344.39   Max: 564.51
Current: 564.51

During the past 13 years, China Unicom (Hong Kong)'s highest Days Payable was 564.51. The lowest was 306.42. And the median was 344.39.

CHUFF's Days Payable is ranked better than
93.68% of 348 companies
in the Telecommunication Services industry
Industry Median: 102.07 vs CHUFF: 564.51

China Unicom (Hong Kong)'s Days Payable increased from Sep. 2022 (360.99) to Dec. 2023 (553.34). It may suggest that China Unicom (Hong Kong) delayed paying its suppliers.


China Unicom (Hong Kong) Days Payable Historical Data

The historical data trend for China Unicom (Hong Kong)'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.

China Unicom (Hong Kong) Days Payable Chart

China Unicom (Hong Kong) 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 335.84 334.53 326.57 352.32 453.08

China Unicom (Hong Kong) Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Dec21 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23 Mar24
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 297.88 - 376.54 553.34 521.12

Competitive Comparison of China Unicom (Hong Kong)'s Days Payable

For the Telecom Services subindustry, China Unicom (Hong Kong)'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 Unicom (Hong Kong)'s Days Payable Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, China Unicom (Hong Kong)'s Days Payable distribution charts can be found below:

* The bar in red indicates where China Unicom (Hong Kong)'s Days Payable falls into.



China Unicom (Hong Kong) 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 Unicom (Hong Kong)'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
=( (14867.823 + 22587.463) / 2 ) / 15086.832*365
=18727.643 / 15086.832*365
=453.08

China Unicom (Hong Kong)'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: Sep. 2023 ) + Accounts Payable (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (0 + 22587.463) / 1 ) / 3724.826*365 / 4
=22587.463 / 3724.826*365 / 4
=553.34

* 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.


China Unicom (Hong Kong) Days Payable Related Terms

Thank you for viewing the detailed overview of China Unicom (Hong Kong)'s Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.


China Unicom (Hong Kong) (China Unicom (Hong Kong)) Business Description

Traded in Other Exchanges
Address
99 Queen's Road, 75th Floor, The Center, Central, Hong Kong, HKG
China Unicom is the incumbent fixed-line operator in 10 northern Chinese provinces, as well as the third-largest wireless operator nationwide. As at June 2023, it had 328 million billing wireless customers and around 108 million broadband subscribers. China Unicom also has a growing ICT business. We estimate it has the third largest internet data center business in China and its Cloud Service revenue is also showing very strong growth. It has its own 4G network and shares the radio access function with China Telecom for its 5G network.

China Unicom (Hong Kong) (China Unicom (Hong Kong)) Headlines