CK Hutchison Holdings (FRA:2CK) Days Payable : 58.95 (As of Dec. 2023)

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What is CK Hutchison Holdings Days Payable?

CK Hutchison Holdings's average Accounts Payable for the six months ended in Dec. 2023 was €2,634 Mil. CK Hutchison Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was €8,155 Mil. Hence, CK Hutchison Holdings's Days Payable for the six months ended in Dec. 2023 was 58.95.

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

FRA:2CK' s Days Payable Range Over the Past 10 Years
Min: 55.72 Med: 67.62 Max: 80.2
Current: 59.54

During the past 13 years, CK Hutchison Holdings's highest Days Payable was 80.20. The lowest was 55.72. And the median was 67.62.

FRA:2CK's Days Payable is ranked better than
51.81% of 469 companies
in the Conglomerates industry
Industry Median: 58.29 vs FRA:2CK: 59.54

CK Hutchison Holdings's Days Payable declined from Dec. 2022 (60.00) to Dec. 2023 (58.95). It may suggest that CK Hutchison Holdings accelerated paying its suppliers.

CK Hutchison Holdings Days Payable Historical Data

The historical data trend for CK Hutchison 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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CK Hutchison Holdings Days Payable Chart

CK Hutchison Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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71.23

83.88

65.47

60.05

60.85

CK Hutchison 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															63.33	65.49	60.00	60.75	58.95

Competitive Comparison of CK Hutchison Holdings's Days Payable

For the Conglomerates subindustry, CK Hutchison 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.

CK Hutchison Holdings's Days Payable Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, CK Hutchison Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where CK Hutchison Holdings's Days Payable falls into.

CK Hutchison 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.

CK Hutchison 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
=	( (2589.471	+	2702.577)	/	2 )	/	15871.669	*	365
=	2646.024					/	15871.669	*	365
=	60.85

CK Hutchison 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
=	( (2565.971	+	2702.577)	/	2 )	/	8155.286	*	365 / 2
=	2634.274					/	8155.286	*	365 / 2
=	58.95

CK Hutchison Holdings Days Payable Related Terms

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CK Hutchison Holdings (FRA:2CK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » CK Hutchison Holdings Ltd (FRA:2CK) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

CKHUY:USA CKHUF:USA 00001:Hong Kong

Address

2 Queen’s Road Central, 48th Floor, Cheung Kong Center, Hong Kong, HKG

Website

https://www.ckh.com.hk

CK Hutchison Holdings, or CKH, is a Hong Kong headquartered conglomerate with key businesses in ports, retail, infrastructure, and telecommunications. The company was created in 2015 to house the merged assets of Cheung Kong Holdings and Hutchison Whampoa as the group sought to flatten out and simplify its original holding structure. CKH contains most of the businesses previously housed in Hutchison Whampoa, minus the property assets, which were spun off into their own listing, CK Asset Holdings. Telecommunications and infrastructure activities now make up the largest share of EBITDA, at around 27%.

CK Hutchison Holdings (FRA:2CK) Headlines

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