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MTR (MTCPY) Days Payable : 136.12 (As of Jun. 2024)


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What is MTR Days Payable?

MTR's average Accounts Payable for the six months ended in Jun. 2024 was $2,128 Mil. MTR's Cost of Goods Sold for the six months ended in Jun. 2024 was $2,854 Mil. Hence, MTR's Days Payable for the six months ended in Jun. 2024 was 136.12.

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

MTCPY' s Days Payable Range Over the Past 10 Years
Min: 128.25   Med: 154.4   Max: 225.07
Current: 146.68

During the past 13 years, MTR's highest Days Payable was 225.07. The lowest was 128.25. And the median was 154.40.

MTCPY's Days Payable is ranked better than
90.36% of 934 companies
in the Transportation industry
Industry Median: 37.29 vs MTCPY: 146.68

MTR's Days Payable declined from Jun. 2023 (150.19) to Jun. 2024 (136.12). It may suggest that MTR accelerated paying its suppliers.


MTR Days Payable Historical Data

The historical data trend for MTR'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.

MTR Days Payable Chart

MTR 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 136.63 170.37 161.52 141.22 128.45

MTR Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 145.07 124.33 150.19 150.50 136.12

Competitive Comparison of MTR's Days Payable

For the Railroads subindustry, MTR'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.


MTR's Days Payable Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, MTR's Days Payable distribution charts can be found below:

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



MTR 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.

MTR'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
=( (2001.824 + 2149.863) / 2 ) / 5898.871*365
=2075.8435 / 5898.871*365
=128.45

MTR'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
=( (2149.863 + 2107.042) / 2 ) / 2853.777*365 / 2
=2128.4525 / 2853.777*365 / 2
=136.12

* 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.


MTR Days Payable Related Terms

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MTR Business Description

Traded in Other Exchanges
Address
33 Wai Yip Street, MTR Headquarters Building, GPO Box 9916, Telford Plaza, Kowloon Bay, Kowloon, Hong Kong, HKG
MTR constructs and operates Hong Kong's rail network, giving it a monopoly position. In addition to rail operation, the firm makes recurring income from commercial business within the stations. This includes rental of retail outlets and advertisement within the station and investment properties in shopping malls above stations. Residential real estate development forms part of MTR's return for the rail operation. In a normalized environment, average operating profit is approximately 20% in rail operation, 60% in station commercial and property leasing business, and 20% in property development. The Hong Kong government owns 75% of MTR.

MTR Headlines

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