BOC Aviation (HKSE:02588) Days Payable : 0.46 (As of Dec. 2023)

View and export this data going back to 2016. Start your Free Trial

What is BOC Aviation Days Payable?

BOC Aviation's average Accounts Payable for the six months ended in Dec. 2023 was HK$16 Mil. BOC Aviation's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$6,337 Mil. Hence, BOC Aviation's Days Payable for the six months ended in Dec. 2023 was 0.46.

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

HKSE:02588' s Days Payable Range Over the Past 10 Years
Min: 0.03 Med: 0.58 Max: 13.53
Current: 0.33

During the past 12 years, BOC Aviation's highest Days Payable was 13.53. The lowest was 0.03. And the median was 0.58.

HKSE:02588's Days Payable is ranked worse than
99.35% of 923 companies
in the Business Services industry
Industry Median: 47.09 vs HKSE:02588: 0.33

BOC Aviation's Days Payable increased from Dec. 2022 (0.11) to Dec. 2023 (0.46). It may suggest that BOC Aviation delayed paying its suppliers.

BOC Aviation Days Payable Historical Data

The historical data trend for BOC Aviation'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.

BOC Aviation Days Payable Chart

BOC Aviation Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

0.05

0.37

0.65

0.33

0.03

BOC Aviation Semi-Annual Data
	Dec13	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															0.68	0.46	0.11	0.50	0.46

Competitive Comparison of BOC Aviation's Days Payable

For the Rental & Leasing Services subindustry, BOC Aviation'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.

BOC Aviation's Days Payable Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, BOC Aviation's Days Payable distribution charts can be found below:

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

BOC Aviation 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.

BOC Aviation'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
=	( (0.21	+	1.976)	/	2 )	/	11893.31	*	365
=	1.093					/	11893.31	*	365
=	0.03

BOC Aviation'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
=	( (30.188	+	1.976)	/	2 )	/	6337.434	*	365 / 2
=	16.082					/	6337.434	*	365 / 2
=	0.46

BOC Aviation Days Payable Related Terms

Thank you for viewing the detailed overview of BOC Aviation's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

BOC Aviation (HKSE:02588) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » BOC Aviation Ltd (HKSE:02588) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

BCVVF:USA

Address

79 Robinson Road, No. 15-01, Singapore, SGP, 068897

Website

https://www.bocaviation.com

BOC Aviation is the world's fifth-largest aircraft leasing company by net book value of owned aircraft, with a portfolio of more than 600 commercial passenger and cargo aircraft. The company was founded in 1993 in Singapore as a joint venture between Singapore Airlines and U.S.-based Boullioun Aviation Services. In 2006, the company was acquired by the Bank of China and took on its current name. Listed on the Stock Exchange of Hong Kong in 2016, BOC Aviation remains headquartered in Singapore, but has operations in Dublin, London, New York, and Tianjin. Bank of China remains its largest shareholder with a 70% stake. BOC Aviation has an international management team with its key leaders having more than 30 years of experience in the aircraft and leasing business.

BOC Aviation (HKSE:02588) Headlines

No Headlines