China International Development (HKSE:00264) Days Payable : 62.19 (As of Dec. 2023)

View and export this data going back to 2003. Start your Free Trial

What is China International Development Days Payable?

China International Development's average Accounts Payable for the six months ended in Dec. 2023 was HK$4.28 Mil. China International Development's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$12.56 Mil. Hence, China International Development's Days Payable for the six months ended in Dec. 2023 was 62.19.

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

HKSE:00264' s Days Payable Range Over the Past 10 Years
Min: 21.72 Med: 33.19 Max: 77.06
Current: 77.06

During the past 13 years, China International Development's highest Days Payable was 77.06. The lowest was 21.72. And the median was 33.19.

HKSE:00264's Days Payable is ranked better than
65.23% of 1021 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 56.86 vs HKSE:00264: 77.06

China International Development's Days Payable increased from Dec. 2022 (47.25) to Dec. 2023 (62.19). It may suggest that China International Development delayed paying its suppliers.

China International Development Days Payable Historical Data

The historical data trend for China International Development'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.

China International Development Days Payable Chart

China International Development Annual Data

Trend

Mar14

Mar15

Mar16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

31.56

37.43

34.81

47.02

75.11

China International Development Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial															37.01	89.65	47.25	94.53	62.19

Competitive Comparison of China International Development's Days Payable

For the Footwear & Accessories subindustry, China International Development'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.

China International Development's Days Payable Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, China International Development's Days Payable distribution charts can be found below:

* The bar in red indicates where China International Development's Days Payable falls into.

China International Development 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.

China International Development'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
=	( (7.032	+	3.1)	/	2 )	/	24.617	*	365
=	5.066					/	24.617	*	365
=	75.11

China International Development'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
=	( (5.459	+	3.1)	/	2 )	/	12.559	*	365 / 2
=	4.2795					/	12.559	*	365 / 2
=	62.19

China International Development Days Payable Related Terms

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

China International Development (HKSE:00264) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » China International Development Corp Ltd (HKSE:00264) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

39 Queen’s Road Central, Level 26, Hong Kong, HKG

Website

http://www.irasia.com/listco/hk/cidc/index.htm

China International Development Corp Ltd is engaged in the business of leather products. The company is involved in the manufacturing and distribution of leather products and retail of fashion apparel, footwear, and leather accessories, and industrial hemp planting and production of hemp fabric products. It operates in two segments namely, Leather Manufacturing segment and Leather Retail segment. The Leather Manufacturing segment involves the manufacturing and distribution of leather products. The Leather Retail segment engages in the retail of fashion apparel, footwear, and leather accessories. The company has its operations in Hong Kong, Europe, the PRC, the United States of America and other countries.

Executives

Waterfront Holding Group Co., Ltd.	2101 Beneficial owner
Zhao Jingfei	2201 Interest of corporation controlled by you

China International Development (HKSE:00264) Headlines

No Headlines