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CTF Services (HKSE:00659) Days Payable : 127.46 (As of Dec. 2024)


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What is CTF Services Days Payable?

CTF Services's average Accounts Payable for the six months ended in Dec. 2024 was HK$7,118 Mil. CTF Services's Cost of Goods Sold for the six months ended in Dec. 2024 was HK$10,191 Mil. Hence, CTF Services's Days Payable for the six months ended in Dec. 2024 was 127.46.

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

HKSE:00659' s Days Payable Range Over the Past 10 Years
Min: 27.06   Med: 41.34   Max: 134.35
Current: 134.35

During the past 13 years, CTF Services's highest Days Payable was 134.35. The lowest was 27.06. And the median was 41.34.

HKSE:00659's Days Payable is ranked better than
72.78% of 1679 companies
in the Construction industry
Industry Median: 76.19 vs HKSE:00659: 134.35

CTF Services's Days Payable declined from Dec. 2023 (131.98) to Dec. 2024 (127.46). It may suggest that CTF Services accelerated paying its suppliers.


CTF Services Days Payable Historical Data

The historical data trend for CTF Services'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.

CTF Services Days Payable Chart

CTF Services Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 37.14 29.30 27.06 85.30 131.57

CTF Services Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 29.94 80.28 131.98 138.58 127.46

Competitive Comparison of CTF Services's Days Payable

For the Engineering & Construction subindustry, CTF Services'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.


CTF Services's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, CTF Services's Days Payable distribution charts can be found below:

* The bar in red indicates where CTF Services's Days Payable falls into.



CTF Services 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.

CTF Services's Days Payable for the fiscal year that ended in Jun. 2024 is calculated as

Days Payable (A: Jun. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jun. 2023 ) + Accounts Payable (A: Jun. 2024 )) / count ) / Cost of Goods Sold (A: Jun. 2024 )*Days in Period
=( (8906.1 + 7304) / 2 ) / 22485.7*365
=8105.05 / 22485.7*365
=131.57

CTF Services's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

Days Payable (Q: Dec. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2024 ) + Accounts Payable (Q: Dec. 2024 )) / count ) / Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=( (7304 + 6931.1) / 2 ) / 10191.3*365 / 2
=7117.55 / 10191.3*365 / 2
=127.46

* 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.


CTF Services Days Payable Related Terms

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CTF Services Business Description

Traded in Other Exchanges
Address
888 Lai Chi Kok Road, 21st Floor, NCB Innovation Centre, Cheung Sha Wan, Kowloon, HKG
CTF Services Ltd is a conglomerate with a diversified portfolio of businesses, predominantly in Hong Kong and the Mainland. The group's businesses include toll roads, construction, insurance, logistics, and facilities management.
Executives
Cheng Yu Tung Family (holdings Ii) Limited 2201 Interest of corporation controlled by you
Cheng Yu Tung Family (holdings) Limited 2201 Interest of corporation controlled by you
Chow Tai Fook (holding) Limited 2201 Interest of corporation controlled by you
Chow Tai Fook Capital Limited 2201 Interest of corporation controlled by you
Chow Tai Fook Enterprises Limited 2201 Interest of corporation controlled by you
Century Acquisition Limited 2101 Beneficial owner
New World Development Company Limited 2201 Interest of corporation controlled by you
Mombasa Limited 2101 Beneficial owner

CTF Services Headlines

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