Cross-Harbour (Holdings) (HKSE:00032) Days Payable : 7.24 (As of Dec. 2023)

View and export this data going back to 1974. Start your Free Trial

What is Cross-Harbour (Holdings) Days Payable?

Cross-Harbour (Holdings)'s average Accounts Payable for the six months ended in Dec. 2023 was HK$7.3 Mil. Cross-Harbour (Holdings)'s Cost of Goods Sold for the six months ended in Dec. 2023 was HK$183.0 Mil. Hence, Cross-Harbour (Holdings)'s Days Payable for the six months ended in Dec. 2023 was 7.24.

The historical rank and industry rank for Cross-Harbour (Holdings)'s Days Payable or its related term are showing as below:

HKSE:00032' s Days Payable Range Over the Past 10 Years
Min: 6.49 Med: 8.05 Max: 16.13
Current: 8.79

During the past 13 years, Cross-Harbour (Holdings)'s highest Days Payable was 16.13. The lowest was 6.49. And the median was 8.05.

HKSE:00032's Days Payable is ranked worse than
81.6% of 212 companies
in the Education industry
Industry Median: 37.85 vs HKSE:00032: 8.79

Cross-Harbour (Holdings)'s Days Payable declined from Dec. 2022 (11.57) to Dec. 2023 (7.24). It may suggest that Cross-Harbour (Holdings) accelerated paying its suppliers.

Cross-Harbour (Holdings) Days Payable Historical Data

The historical data trend for Cross-Harbour (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.

* Premium members only.

Cross-Harbour (Holdings) Days Payable Chart

Cross-Harbour (Holdings) Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

7.99

15.29

16.13

12.07

8.93

Cross-Harbour (Holdings) Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial															17.09	15.25	11.57	10.85	7.24

Competitive Comparison of Cross-Harbour (Holdings)'s Days Payable

For the Education & Training Services subindustry, Cross-Harbour (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.

Cross-Harbour (Holdings)'s Days Payable Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Cross-Harbour (Holdings)'s Days Payable distribution charts can be found below:

* The bar in red indicates where Cross-Harbour (Holdings)'s Days Payable falls into.

Cross-Harbour (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.

Cross-Harbour (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
=	( (7.901	+	7.279)	/	2 )	/	310.369	*	365
=	7.59					/	310.369	*	365
=	8.93

Cross-Harbour (Holdings)'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: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (7.236	+	7.279)	/	2 )	/	183.02	*	365 / 2
=	7.2575					/	183.02	*	365 / 2
=	7.24

Cross-Harbour (Holdings) Days Payable Related Terms

Thank you for viewing the detailed overview of Cross-Harbour (Holdings)'s Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Cross-Harbour (Holdings) (HKSE:00032) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Cross-Harbour (Holdings) Ltd (HKSE:00032) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

CRHHF:USA

Address

26 Harbour Road, China Resources Building, 25th Floor, Wanchai, Hong Kong, HKG

Website

http://www.crossharbour.com.hk

Cross-Harbour (Holdings) Ltd is a Hong Kong-based company that operates instructional driving schools. The principal activity of the firm is an investment holding with an emphasis on transport infrastructures tunnel operation, the operation of driver training centers, and the operation of electronic toll collection systems. The company's Hong Kong School of Motoring is one of the instructional driving programs in Hong Kong. The School of Motoring provides training for both new and advanced drivers as well as training for commercial operators and public organizations. Fees from its driving school operations represent the majority of the company's revenue.

Executives

Cheung Chung Kiu	2201 Interest of corporation controlled by you
Windsor Dynasty Limited	2201 Interest of corporation controlled by you

Cross-Harbour (Holdings) (HKSE:00032) Headlines

No Headlines