China Container Terminal (TPE:2613) Days Payable : 18.88 (As of Jun. 2024)

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What is China Container Terminal Days Payable?

China Container Terminal's average Accounts Payable for the three months ended in Jun. 2024 was NT$143 Mil. China Container Terminal's Cost of Goods Sold for the three months ended in Jun. 2024 was NT$690 Mil. Hence, China Container Terminal's Days Payable for the three months ended in Jun. 2024 was 18.88.

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

TPE:2613' s Days Payable Range Over the Past 10 Years
Min: 11.73 Med: 16.49 Max: 20.95
Current: 20.95

During the past 13 years, China Container Terminal's highest Days Payable was 20.95. The lowest was 11.73. And the median was 16.49.

TPE:2613's Days Payable is ranked worse than
80.13% of 936 companies
in the Transportation industry
Industry Median: 37.4 vs TPE:2613: 20.95

China Container Terminal's Days Payable declined from Jun. 2023 (23.12) to Jun. 2024 (18.88). It may suggest that China Container Terminal accelerated paying its suppliers.

China Container Terminal Days Payable Historical Data

The historical data trend for China Container Terminal'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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China Container Terminal Days Payable Chart

China Container Terminal Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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16.64

16.50

18.40

17.12

18.10

China Container Terminal Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Days Payable	Get a 7-Day Free Trial															23.12	22.75	20.10	19.48	18.88

Competitive Comparison of China Container Terminal's Days Payable

For the Marine Shipping subindustry, China Container Terminal'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 Container Terminal's Days Payable Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, China Container Terminal's Days Payable distribution charts can be found below:

* The bar in red indicates where China Container Terminal's Days Payable falls into.

China Container Terminal 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 Container Terminal'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
=	( (116.237	+	149.55)	/	2 )	/	2680.592	*	365
=	132.8935					/	2680.592	*	365
=	18.10

China Container Terminal's Days Payable for the quarter that ended in Jun. 2024 is calculated as:

	Days Payable (Q: Jun. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2024 )	+	Accounts Payable (Q: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
=	( (132.163	+	153.315)	/	2 )	/	689.915	*	365 / 4
=	142.739					/	689.915	*	365 / 4
=	18.88

China Container Terminal Days Payable Related Terms

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China Container Terminal Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » China Container Terminal Corp (TPE:2613) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

275, Datong Road, Section 3, Xizhi District, Taipei, TWN

Website

https://www.cctcorp.com.tw

China Container Terminal Corp is engaged in contracted operations of container freight stations at the port and on land as well as ship stevedore operations in commercial port areas.

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