COSCO Shipping International (Singapore) Co (COSCO Shipping International (Singapore) Co) Days Payable : 61.27 (As of Dec. 2023)

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

What is COSCO Shipping International (Singapore) Co Days Payable?

COSCO Shipping International (Singapore) Co's average Accounts Payable for the six months ended in Dec. 2023 was $17.7 Mil. COSCO Shipping International (Singapore) Co's Cost of Goods Sold for the six months ended in Dec. 2023 was $52.7 Mil. Hence, COSCO Shipping International (Singapore) Co's Days Payable for the six months ended in Dec. 2023 was 61.27.

The historical rank and industry rank for COSCO Shipping International (Singapore) Co's Days Payable or its related term are showing as below:

CSCMY' s Days Payable Range Over the Past 10 Years
Min: 15.44 Med: 31.76 Max: 4599.35
Current: 51.41

During the past 13 years, COSCO Shipping International (Singapore) Co's highest Days Payable was 4599.35. The lowest was 15.44. And the median was 31.76.

CSCMY's Days Payable is ranked better than
62.84% of 931 companies
in the Transportation industry
Industry Median: 39.47 vs CSCMY: 51.41

COSCO Shipping International (Singapore) Co's Days Payable declined from Dec. 2022 (85.77) to Dec. 2023 (61.27). It may suggest that COSCO Shipping International (Singapore) Co accelerated paying its suppliers.

COSCO Shipping International (Singapore) Co Days Payable Historical Data

The historical data trend for COSCO Shipping International (Singapore) 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.

COSCO Shipping International (Singapore) Co Days Payable Chart

COSCO Shipping International (Singapore) Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

26.21

28.42

30.75

27.74

32.94

COSCO Shipping International (Singapore) 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															69.32	87.89	85.77	59.27	61.27

Competitive Comparison of COSCO Shipping International (Singapore) Co's Days Payable

For the Integrated Freight & Logistics subindustry, COSCO Shipping International (Singapore) 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.

COSCO Shipping International (Singapore) Co's Days Payable Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, COSCO Shipping International (Singapore) Co's Days Payable distribution charts can be found below:

* The bar in red indicates where COSCO Shipping International (Singapore) Co's Days Payable falls into.

COSCO Shipping International (Singapore) 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.

COSCO Shipping International (Singapore) Co'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
=	( (8.1	+	10.648)	/	2 )	/	103.869	*	365
=	9.374					/	103.869	*	365
=	32.94

COSCO Shipping International (Singapore) Co'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
=	( (24.763	+	10.648)	/	2 )	/	52.737	*	365 / 2
=	17.7055					/	52.737	*	365 / 2
=	61.27

COSCO Shipping International (Singapore) Co Days Payable Related Terms

Thank you for viewing the detailed overview of COSCO Shipping International (Singapore) Co's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

COSCO Shipping International (Singapore) Co (COSCO Shipping International (Singapore) Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » COSCO Shipping International (Singapore) Co Ltd (OTCPK:CSCMY) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

F83:Singapore VZS:Germany

Address

30 Cecil Street, No. 26-01 Prudential Tower, Singapore, SGP, 049712

Website

https://www.coscoshipping.com.sg

COSCO Shipping International (Singapore) Co Ltd is an investment holding company that operates ship repair, marine engineering, and dry bulk shipping outfits in China and Singapore. Further, The company also provides services that include property management. It operates in the following segment: shipping, ship repair and marine engineering activities, logistics, and property management. The majority of its revenue gets derived from the Logistics segment.

COSCO Shipping International (Singapore) Co (COSCO Shipping International (Singapore) Co) Headlines

No Headlines