Continental Aerospace Technologies Holding (HKSE:00232) Days Payable : 42.05 (As of Dec. 2023)

View and export this data going back to 1991. Start your Free Trial

What is Continental Aerospace Technologies Holding Days Payable?

Continental Aerospace Technologies Holding's average Accounts Payable for the six months ended in Dec. 2023 was HK$145 Mil. Continental Aerospace Technologies Holding's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$630 Mil. Hence, Continental Aerospace Technologies Holding's Days Payable for the six months ended in Dec. 2023 was 42.05.

The historical rank and industry rank for Continental Aerospace Technologies Holding's Days Payable or its related term are showing as below:

HKSE:00232' s Days Payable Range Over the Past 10 Years
Min: 9.32 Med: 40.25 Max: 328.22
Current: 41.3

During the past 13 years, Continental Aerospace Technologies Holding's highest Days Payable was 328.22. The lowest was 9.32. And the median was 40.25.

HKSE:00232's Days Payable is ranked worse than
75.17% of 298 companies
in the Aerospace & Defense industry
Industry Median: 75.38 vs HKSE:00232: 41.30

Continental Aerospace Technologies Holding's Days Payable declined from Dec. 2022 (46.18) to Dec. 2023 (42.05). It may suggest that Continental Aerospace Technologies Holding accelerated paying its suppliers.

Continental Aerospace Technologies Holding Days Payable Historical Data

The historical data trend for Continental Aerospace Technologies Holding'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.

Continental Aerospace Technologies Holding Days Payable Chart

Continental Aerospace Technologies Holding Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

29.59

33.09

40.25

42.85

40.33

Continental Aerospace Technologies Holding 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															42.78	40.08	46.18	41.54	42.05

Competitive Comparison of Continental Aerospace Technologies Holding's Days Payable

For the Aerospace & Defense subindustry, Continental Aerospace Technologies Holding'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.

Continental Aerospace Technologies Holding's Days Payable Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Continental Aerospace Technologies Holding's Days Payable distribution charts can be found below:

* The bar in red indicates where Continental Aerospace Technologies Holding's Days Payable falls into.

Continental Aerospace Technologies Holding 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.

Continental Aerospace Technologies Holding'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
=	( (138.233	+	140.79)	/	2 )	/	1262.612	*	365
=	139.5115					/	1262.612	*	365
=	40.33

Continental Aerospace Technologies Holding'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
=	( (149.622	+	140.79)	/	2 )	/	630.241	*	365 / 2
=	145.206					/	630.241	*	365 / 2
=	42.05

Continental Aerospace Technologies Holding Days Payable Related Terms

Thank you for viewing the detailed overview of Continental Aerospace Technologies Holding's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Continental Aerospace Technologies Holding (HKSE:00232) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Continental Aerospace Technologies Holding Ltd (HKSE:00232) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

CTQ0:Germany

Address

95 Queensway, Unit B, 15th Floor, United Centre, Hong Kong, HKG

Website

https://www.avic.com.hk

Continental Aerospace Technologies Holding Ltd, formerly AVIC International Holding (HK) Ltd is a diversified company based in Hong Kong. It is engaged in the general aviation aircraft piston engine business, which engages in the design, development and production of general aviation aircraft piston engines and spare parts as well as the provision of aftermarket services and support for piston engines. The company generates most of the revenue from United States.

Executives

Aviation Industry Corporation Of China, Ltd	2201 Interest of corporation controlled by you
Avic International Holding Corporation	2201 Interest of corporation controlled by you

Continental Aerospace Technologies Holding (HKSE:00232) Headlines

No Headlines