China Aerospace International Holdings (FRA:CIOC) Days Payable : 70.48 (As of Dec. 2023)

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

What is China Aerospace International Holdings Days Payable?

China Aerospace International Holdings's average Accounts Payable for the six months ended in Dec. 2023 was €61.9 Mil. China Aerospace International Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was €160.4 Mil. Hence, China Aerospace International Holdings's Days Payable for the six months ended in Dec. 2023 was 70.48.

The historical rank and industry rank for China Aerospace International Holdings's Days Payable or its related term are showing as below:

FRA:CIOC' s Days Payable Range Over the Past 10 Years
Min: 51.05 Med: 62.4 Max: 75.14
Current: 69.57

During the past 13 years, China Aerospace International Holdings's highest Days Payable was 75.14. The lowest was 51.05. And the median was 62.40.

FRA:CIOC's Days Payable is ranked better than
51.45% of 2422 companies
in the Hardware industry
Industry Median: 67.735 vs FRA:CIOC: 69.57

China Aerospace International Holdings's Days Payable increased from Dec. 2022 (68.30) to Dec. 2023 (70.48). It may suggest that China Aerospace International Holdings delayed paying its suppliers.

China Aerospace International Holdings Days Payable Historical Data

The historical data trend for China Aerospace International Holdings'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 Aerospace International Holdings Days Payable Chart

China Aerospace International Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

64.30

78.04

62.85

61.16

69.26

China Aerospace International Holdings 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															65.80	66.95	68.30	71.20	70.48

Competitive Comparison of China Aerospace International Holdings's Days Payable

For the Electronic Components subindustry, China Aerospace International Holdings'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 Aerospace International Holdings's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, China Aerospace International Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where China Aerospace International Holdings's Days Payable falls into.

China Aerospace International Holdings 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 Aerospace International Holdings'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
=	( (62.998	+	59.559)	/	2 )	/	322.923	*	365
=	61.2785					/	322.923	*	365
=	69.26

China Aerospace International Holdings'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
=	( (64.306	+	59.559)	/	2 )	/	160.356	*	365 / 2
=	61.9325					/	160.356	*	365 / 2
=	70.48

China Aerospace International Holdings Days Payable Related Terms

Thank you for viewing the detailed overview of China Aerospace International Holdings's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

China Aerospace International Holdings (FRA:CIOC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » China Aerospace International Holdings Ltd (FRA:CIOC) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

00031:Hong Kong

Address

18 Tak Fung Street, Hung Hom, Room 1103-1107A, One Harbourfront, Kowloon, Hong Kong, HKG

Website

https://www.casil-group.com

China Aerospace International Holdings Ltd is an investment holding company engaged in the research and development, design, professional production, sales and services of the hi-tech manufacturing business such as plastic products, electronic products, power products and semiconductor products, it is also engaged in the segment like Aerospace Service Property investment. The business operation majorly functions through the region of Hong Kong.

China Aerospace International Holdings (FRA:CIOC) Headlines

No Headlines