Computer And Technologies Holdings (HKSE:00046) Days Payable : 32.30 (As of Dec. 2023)

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What is Computer And Technologies Holdings Days Payable?

Computer And Technologies Holdings's average Accounts Payable for the six months ended in Dec. 2023 was HK$10.8 Mil. Computer And Technologies Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$61.2 Mil. Hence, Computer And Technologies Holdings's Days Payable for the six months ended in Dec. 2023 was 32.30.

The historical rank and industry rank for Computer And Technologies Holdings's Days Payable or its related term are showing as below:

HKSE:00046' s Days Payable Range Over the Past 10 Years
Min: 38.69 Med: 61.24 Max: 79.79
Current: 38.69

During the past 13 years, Computer And Technologies Holdings's highest Days Payable was 79.79. The lowest was 38.69. And the median was 61.24.

HKSE:00046's Days Payable is ranked worse than
57.96% of 2526 companies
in the Software industry
Industry Median: 50.42 vs HKSE:00046: 38.69

Computer And Technologies Holdings's Days Payable declined from Dec. 2022 (40.98) to Dec. 2023 (32.30). It may suggest that Computer And Technologies Holdings accelerated paying its suppliers.

Computer And Technologies Holdings Days Payable Historical Data

The historical data trend for Computer And Technologies 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.

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Computer And Technologies Holdings Days Payable Chart

Computer And Technologies Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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60.65

55.10

47.37

41.73

42.31

Computer And Technologies 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															42.41	36.98	40.98	41.52	32.30

Competitive Comparison of Computer And Technologies Holdings's Days Payable

For the Information Technology Services subindustry, Computer And Technologies 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.

Computer And Technologies Holdings's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, Computer And Technologies Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Computer And Technologies Holdings's Days Payable falls into.

Computer And Technologies 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.

Computer And Technologies 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
=	( (17.034	+	11.174)	/	2 )	/	121.663	*	365
=	14.104					/	121.663	*	365
=	42.31

Computer And Technologies 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
=	( (10.485	+	11.174)	/	2 )	/	61.19	*	365 / 2
=	10.8295					/	61.19	*	365 / 2
=	32.30

Computer And Technologies Holdings Days Payable Related Terms

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Computer And Technologies Holdings (HKSE:00046) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Computer And Technologies Holdings Ltd (HKSE:00046) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

CXGEF:USA

Address

100 Cyberport Road, Level 10, Cyberport 2, Hong Kong, HKG

Website

https://www.ctil.com

Computer And Technologies Holdings Ltd provides software products. It operates in three segments, the Application Services segment; the Integration and Solutions services segment; and the investments segment. It generates majority of the revenue from the Application Services segment that engages in the provision of enterprise applications software and e-business services for enterprises including the provision of enterprise applications software with implementation and ongoing support services; and the GETS, cloud services and other related value-added services. Geographical revenue is derived from Hong Kong and other countries.

Computer And Technologies Holdings (HKSE:00046) Headlines

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