Cloud Factory Technology Holdings (HKSE:02512) Days Payable : 124.41 (As of Jun. 2024)

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What is Cloud Factory Technology Holdings Days Payable?

Cloud Factory Technology Holdings's average Accounts Payable for the six months ended in Jun. 2024 was HK$236.7 Mil. Cloud Factory Technology Holdings's Cost of Goods Sold for the six months ended in Jun. 2024 was HK$347.3 Mil. Hence, Cloud Factory Technology Holdings's Days Payable for the six months ended in Jun. 2024 was 124.41.

The historical rank and industry rank for Cloud Factory Technology Holdings's Days Payable or its related term are showing as below:

HKSE:02512' s Days Payable Range Over the Past 10 Years
Min: 125.71 Med: 128.52 Max: 135.97
Current: 126.05

During the past 4 years, Cloud Factory Technology Holdings's highest Days Payable was 135.97. The lowest was 125.71. And the median was 128.52.

HKSE:02512's Days Payable is ranked better than
74.54% of 2557 companies
in the Software industry
Industry Median: 51.31 vs HKSE:02512: 126.05

Cloud Factory Technology Holdings's Days Payable declined from Jun. 2023 (125.62) to Jun. 2024 (124.41). It may suggest that Cloud Factory Technology Holdings accelerated paying its suppliers.

Cloud Factory Technology Holdings Days Payable Historical Data

The historical data trend for Cloud Factory Technology Holdings'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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Cloud Factory Technology Holdings Days Payable Chart

Cloud Factory Technology Holdings Annual Data

Trend

Dec21

Dec22

Dec23

Dec24

Days Payable

135.97

128.52

125.71

132.80

Cloud Factory Technology Holdings Semi-Annual Data
	Dec21	Dec22	Jun23	Dec23	Jun24	Dec24
Days Payable	Get a 7-Day Free Trial			-	125.62	125.78	124.41	121.38

Competitive Comparison of Cloud Factory Technology Holdings's Days Payable

For the Information Technology Services subindustry, Cloud Factory Technology Holdings'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.

Cloud Factory Technology Holdings's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, Cloud Factory Technology Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Cloud Factory Technology Holdings's Days Payable falls into.

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Cloud Factory Technology Holdings 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.

Cloud Factory Technology Holdings'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
=	( (191.297	+	267.03)	/	2 )	/	665.354	*	365
=	229.1635					/	665.354	*	365
=	125.71

Cloud Factory Technology Holdings'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
=	( (267.03	+	206.441)	/	2 )	/	347.278	*	365 / 2
=	236.7355					/	347.278	*	365 / 2
=	124.41

Cloud Factory Technology Holdings Days Payable Related Terms

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Cloud Factory Technology Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Cloud Factory Technology Holdings Ltd (HKSE:02512) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

228 Linghu Avenue, 2-601, Tian An Intelligence Park, Xinwu District, Jiangsu, Wuxi, CHN

Website

https://www.cloudcsp.com

Cloud Factory Technology Holdings Ltd operates carrier-neutral services. Carrier-neutral service providers operate data center which is independent of network providers to offer access to multiple network service carriers. It provide IDC solution services, edge computing services, and ICT solution services and other services in Chinese Mainland.

Executives

Ru Yi Information Technology Co., Ltd	2101 Beneficial owner
Sun Tao	2201 Interest of corporation controlled by you

Cloud Factory Technology Holdings Headlines

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