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.

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CTF Services Days Payable Chart

CTF Services Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Days Payable

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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															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

CTF Services Days Payable Related Terms

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CTF Services Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » CTF Services Ltd (HKSE:00659) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

NWSZF:USA NWSGY:USA NWS:Germany

Address

888 Lai Chi Kok Road, 21st Floor, NCB Innovation Centre, Cheung Sha Wan, Kowloon, HKG

Website

https://www.ctfs.com.hk

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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