China Merchants Port Holdings Co (China Merchants Port Holdings Co) Days Payable : 110.31 (As of Jun. 2023)

View and export this data going back to 2009. Start your Free Trial

What is China Merchants Port Holdings Co Days Payable?

China Merchants Port Holdings Co's average Accounts Payable for the six months ended in Jun. 2023 was $247 Mil. China Merchants Port Holdings Co's Cost of Goods Sold for the six months ended in Jun. 2023 was $408 Mil. Hence, China Merchants Port Holdings Co's Days Payable for the six months ended in Jun. 2023 was 110.31.

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

CMHHF' s Days Payable Range Over the Past 10 Years
Min: 21.41 Med: 23.74 Max: 139.22
Current: 139.22

During the past 13 years, China Merchants Port Holdings Co's highest Days Payable was 139.22. The lowest was 21.41. And the median was 23.74.

CMHHF's Days Payable is ranked better than
89.06% of 932 companies
in the Transportation industry
Industry Median: 39.565 vs CMHHF: 139.22

China Merchants Port Holdings Co's Days Payable increased from Jun. 2022 (27.49) to Jun. 2023 (110.31). It may suggest that China Merchants Port Holdings Co delayed paying its suppliers.

China Merchants Port Holdings Co Days Payable Historical Data

The historical data trend for China Merchants Port Holdings Co'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 Merchants Port Holdings Co Days Payable Chart

China Merchants Port Holdings Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

25.82

22.73

24.17

106.17

199.72

China Merchants Port Holdings Co 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															26.67	27.49	101.66	110.31	108.53

Competitive Comparison of China Merchants Port Holdings Co's Days Payable

For the Marine Shipping subindustry, China Merchants Port Holdings Co'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 Merchants Port Holdings Co's Days Payable Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, China Merchants Port Holdings Co's Days Payable distribution charts can be found below:

* The bar in red indicates where China Merchants Port Holdings Co's Days Payable falls into.

China Merchants Port Holdings Co 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 Merchants Port Holdings Co's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (70.009	+	451.358)	/	2 )	/	896.164	*	365
=	260.6835					/	896.164	*	365
=	106.17

China Merchants Port Holdings Co's Days Payable for the quarter that ended in Jun. 2023 is calculated as:

	Days Payable (Q: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2022 )	+	Accounts Payable (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (451.358	+	41.746)	/	2 )	/	407.889	*	365 / 2
=	246.552					/	407.889	*	365 / 2
=	110.31

China Merchants Port Holdings Co Days Payable Related Terms

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

China Merchants Port Holdings Co (China Merchants Port Holdings Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » China Merchants Port Holdings Co Ltd (OTCPK:CMHHF) » Definitions » Days Payable

Traded in Other Exchanges

CMHHY:USA 00144:Hong Kong CPM:Germany

Address

168-200 Connaught Road Central, 38th Floor, China Merchants Tower, Shun Tak Centre, Hong Kong, HKG

Website

https://www.cmport.com.hk

China Merchants Port Holdings Co Ltd is a port operator. It has a geographically diversified port network stretching across China's coastline, as well as growing exposure in overseas ports. The company also provides bonded logistic park operation, along with property development through its associates and joint-controlled entities. Its operating segment includes Ports operation and Other operations. The company generates maximum revenue from the Ports operation segment.

China Merchants Port Holdings Co (China Merchants Port Holdings Co) Headlines

No Headlines