Capital Industrial Financial Services Group (FRA:CGG) Days Payable : 35.21 (As of Dec. 2023)

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What is Capital Industrial Financial Services Group Days Payable?

Capital Industrial Financial Services Group's average Accounts Payable for the six months ended in Dec. 2023 was €1.19 Mil. Capital Industrial Financial Services Group's Cost of Goods Sold for the six months ended in Dec. 2023 was €6.18 Mil. Hence, Capital Industrial Financial Services Group's Days Payable for the six months ended in Dec. 2023 was 35.21.

The historical rank and industry rank for Capital Industrial Financial Services Group's Days Payable or its related term are showing as below:

FRA:CGG' s Days Payable Range Over the Past 10 Years
Min: 109.28 Med: 142.39 Max: 175.5
Current: 175.5

During the past 13 years, Capital Industrial Financial Services Group's highest Days Payable was 175.50. The lowest was 109.28. And the median was 142.39.

FRA:CGG's Days Payable is ranked better than
75.44% of 285 companies
in the Credit Services industry
Industry Median: 48.78 vs FRA:CGG: 175.50

Capital Industrial Financial Services Group's Days Payable declined from Dec. 2022 (62.13) to Dec. 2023 (35.21). It may suggest that Capital Industrial Financial Services Group accelerated paying its suppliers.

Capital Industrial Financial Services Group Days Payable Historical Data

The historical data trend for Capital Industrial Financial Services Group'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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Capital Industrial Financial Services Group Days Payable Chart

Capital Industrial Financial Services Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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109.28

180.61

Capital Industrial Financial Services Group 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															29.45	128.97	62.13	344.82	35.21

Competitive Comparison of Capital Industrial Financial Services Group's Days Payable

For the Credit Services subindustry, Capital Industrial Financial Services Group'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.

Capital Industrial Financial Services Group's Days Payable Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Capital Industrial Financial Services Group's Days Payable distribution charts can be found below:

* The bar in red indicates where Capital Industrial Financial Services Group's Days Payable falls into.

Capital Industrial Financial Services Group 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.

Capital Industrial Financial Services Group'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
=	( (10.303	+	1.193)	/	2 )	/	11.616	*	365
=	5.748					/	11.616	*	365
=	180.61

Capital Industrial Financial Services Group'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
=	( (0	+	1.193)	/	1 )	/	6.183	*	365 / 2
=	1.193					/	6.183	*	365 / 2
=	35.21

Capital Industrial Financial Services Group Days Payable Related Terms

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Capital Industrial Financial Services Group (FRA:CGG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Capital Industrial Financial Services Group Ltd (FRA:CGG) » Definitions » Days Payable

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00730:Hong Kong

Address

56 Gloucester Road, 6th Floor, Bank of East Asia Harbour View Centre, Wanchai, Hong Kong, HKG

Website

http://www.capital-ifs.com

Capital Industrial Financial Services Group Ltd is an investment holding company engaged in the provision of sale and leaseback arrangements services, property leasing services, supply chain management business, assets management, and consultancy services. Its operating divisions are sale and leaseback arrangements services, property leasing services, assets management, and consultancy services, and supply chain management business.

Capital Industrial Financial Services Group (FRA:CGG) Headlines

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