Cyprus Trading (CYS:CTC) Days Payable : 79.46 (As of Jun. 2024)

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What is Cyprus Trading Days Payable?

Cyprus Trading's average Accounts Payable for the six months ended in Jun. 2024 was €61.8 Mil. Cyprus Trading's Cost of Goods Sold for the six months ended in Jun. 2024 was €142.0 Mil. Hence, Cyprus Trading's Days Payable for the six months ended in Jun. 2024 was 79.46.

The historical rank and industry rank for Cyprus Trading's Days Payable or its related term are showing as below:

CYS:CTC' s Days Payable Range Over the Past 10 Years
Min: 62.59 Med: 82.08 Max: 97.86
Current: 77.22

During the past 13 years, Cyprus Trading's highest Days Payable was 97.86. The lowest was 62.59. And the median was 82.08.

CYS:CTC's Days Payable is ranked better than
65.16% of 488 companies
in the Conglomerates industry
Industry Median: 55.975 vs CYS:CTC: 77.22

Cyprus Trading's Days Payable declined from Jun. 2023 (81.45) to Jun. 2024 (79.46). It may suggest that Cyprus Trading accelerated paying its suppliers.

Cyprus Trading Days Payable Historical Data

The historical data trend for Cyprus Trading'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.

Cyprus Trading Days Payable Chart

Cyprus Trading Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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97.86

80.77

83.22

81.75

78.69

Cyprus Trading Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Days Payable	Get a 7-Day Free Trial															84.27	76.66	81.45	76.34	79.46

Competitive Comparison of Cyprus Trading's Days Payable

For the Conglomerates subindustry, Cyprus Trading'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.

Cyprus Trading's Days Payable Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Cyprus Trading's Days Payable distribution charts can be found below:

* The bar in red indicates where Cyprus Trading's Days Payable falls into.

Cyprus Trading 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.

Cyprus Trading'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
=	( (57.503	+	62.841)	/	2 )	/	279.089	*	365
=	60.172					/	279.089	*	365
=	78.69

Cyprus Trading'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: Dec. 2023 )	+	Accounts Payable (Q: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
=	( (62.841	+	60.829)	/	2 )	/	142.023	*	365 / 2
=	61.835					/	142.023	*	365 / 2
=	79.46

Cyprus Trading Days Payable Related Terms

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Cyprus Trading Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Cyprus Trading Corporation PLC (CYS:CTC) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Old Nicosia-Limassol Road, P.O.Box 21744, Athalassa, 200, Lemesos Avenue, Shacolas House, 2025 Strovolos, Nicosia, CYP, 1589

Website

https://www.ctcgroup.com

Cyprus Trading Corporation PLC is a holding company. It owns and controls a number of companies, each specializing in a specific industry. The company's five main business sectors include Distribution and Logistics, Retail, Automotive & Engineering, Property development & management, and Infrastructure.

Cyprus Trading Headlines

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