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China Communications Construction Co (HKSE:01800) Days Payable : 210.21 (As of Dec. 2023)


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What is China Communications Construction Co Days Payable?

China Communications Construction Co's average Accounts Payable for the three months ended in Dec. 2023 was HK$441,186 Mil. China Communications Construction Co's Cost of Goods Sold for the three months ended in Dec. 2023 was HK$191,514 Mil. Hence, China Communications Construction Co's Days Payable for the three months ended in Dec. 2023 was 210.21.

The historical rank and industry rank for China Communications Construction Co's Days Payable or its related term are showing as below:

HKSE:01800' s Days Payable Range Over the Past 10 Years
Min: 156.52   Med: 205.63   Max: 230.86
Current: 214.36

During the past 13 years, China Communications Construction Co's highest Days Payable was 230.86. The lowest was 156.52. And the median was 205.63.

HKSE:01800's Days Payable is ranked better than
84.26% of 1601 companies
in the Construction industry
Industry Median: 73.84 vs HKSE:01800: 214.36

China Communications Construction Co's Days Payable declined from Dec. 2022 (217.29) to Dec. 2023 (210.21). It may suggest that China Communications Construction Co accelerated paying its suppliers.


China Communications Construction Co Days Payable Historical Data

The historical data trend for China Communications Construction 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.

China Communications Construction Co Days Payable Chart

China Communications Construction Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 225.65 222.95 215.58 204.57 214.58

China Communications Construction Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 210.03 210.55 236.49 210.21 238.99

Competitive Comparison of China Communications Construction Co's Days Payable

For the Engineering & Construction subindustry, China Communications Construction 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.


China Communications Construction Co's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, China Communications Construction Co's Days Payable distribution charts can be found below:

* The bar in red indicates where China Communications Construction Co's Days Payable falls into.



China Communications Construction 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.

China Communications Construction 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
=( (406799.071 + 443433.273) / 2 ) / 723116.909*365
=425116.172 / 723116.909*365
=214.58

China Communications Construction 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: Sep. 2023 ) + Accounts Payable (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (438938.618 + 443433.273) / 2 ) / 191513.524*365 / 4
=441185.9455 / 191513.524*365 / 4
=210.21

* 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.


China Communications Construction Co Days Payable Related Terms

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China Communications Construction Co (HKSE:01800) Business Description

Traded in Other Exchanges
Address
85 De Sheng Men Wai Street, Xicheng District, Beijing, CHN, 100088
China Communications Construction Co Ltd is China's leading engineering and construction company providing construction solutions and services. The company's segment includes Construction; Design; Dredging and others. It generates maximum revenue from the Construction segment. The Construction segment includes infrastructure construction of ports, roads, bridges and railways, municipal and environmental engineering, and others.

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