Transport International Holdings (HKSE:00062) Days Payable : 44.56 (As of Dec. 2023)

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What is Transport International Holdings Days Payable?

Transport International Holdings's average Accounts Payable for the six months ended in Dec. 2023 was HK$664 Mil. Transport International Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$2,721 Mil. Hence, Transport International Holdings's Days Payable for the six months ended in Dec. 2023 was 44.56.

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

HKSE:00062' s Days Payable Range Over the Past 10 Years
Min: 13.12 Med: 19.13 Max: 92.48
Current: 42.01

During the past 13 years, Transport International Holdings's highest Days Payable was 92.48. The lowest was 13.12. And the median was 19.13.

HKSE:00062's Days Payable is ranked better than
54.22% of 935 companies
in the Transportation industry
Industry Median: 38.97 vs HKSE:00062: 42.01

Transport International Holdings's Days Payable increased from Dec. 2022 (37.73) to Dec. 2023 (44.56). It may suggest that Transport International Holdings delayed paying its suppliers.

Transport International Holdings Days Payable Historical Data

The historical data trend for Transport International 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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Transport International Holdings Days Payable Chart

Transport International Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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19.68

33.90

92.48

75.73

40.13

Transport International 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															96.67	78.37	37.73	41.36	44.56

Competitive Comparison of Transport International Holdings's Days Payable

For the Railroads subindustry, Transport International 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.

Transport International Holdings's Days Payable Distribution in the Transportation Industry

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

* The bar in red indicates where Transport International Holdings's Days Payable falls into.

Transport International 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.

Transport International 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
=	( (572.074	+	638.521)	/	2 )	/	5505.252	*	365
=	605.2975					/	5505.252	*	365
=	40.13

Transport International 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
=	( (690.2	+	638.521)	/	2 )	/	2720.652	*	365 / 2
=	664.3605					/	2720.652	*	365 / 2
=	44.56

Transport International Holdings Days Payable Related Terms

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Transport International Holdings (HKSE:00062) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Transport International Holdings Ltd (HKSE:00062) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

KWO:Germany

Address

9 Po Lun Street, 15th Floor, Lai Chi Kok, Kowloon, Hong Kong, HKG

Website

http://www.tih.hk

Transport International Holdings Ltd is a public transportation company domiciled in the People's Republic of China. The company's main segments include franchised bus operation and property holdings and development. The franchised bus operation segment, which generates the vast majority of revenue, provides franchised public bus services in Hong Kong. The property holdings and development segment develops and leases nonresidential properties for use as investment properties.

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