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Capital Environment Holdings (HKSE:03989) Days Payable : 210.26 (As of Dec. 2023)


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What is Capital Environment Holdings Days Payable?

Capital Environment Holdings's average Accounts Payable for the six months ended in Dec. 2023 was HK$1,806 Mil. Capital Environment Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$1,568 Mil. Hence, Capital Environment Holdings's Days Payable for the six months ended in Dec. 2023 was 210.26.

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

HKSE:03989' s Days Payable Range Over the Past 10 Years
Min: 38.82   Med: 75.53   Max: 235.73
Current: 231.87

During the past 13 years, Capital Environment Holdings's highest Days Payable was 235.73. The lowest was 38.82. And the median was 75.53.

HKSE:03989's Days Payable is ranked better than
76.89% of 225 companies
in the Waste Management industry
Industry Median: 71.54 vs HKSE:03989: 231.87

Capital Environment Holdings's Days Payable declined from Dec. 2022 (242.35) to Dec. 2023 (210.26). It may suggest that Capital Environment Holdings accelerated paying its suppliers.


Capital Environment Holdings Days Payable Historical Data

The historical data trend for Capital Environment 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.

Capital Environment Holdings Days Payable Chart

Capital Environment Holdings 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 79.79 92.45 187.19 230.78 235.73

Capital Environment 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 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 213.27 215.19 242.35 252.37 210.26

Competitive Comparison of Capital Environment Holdings's Days Payable

For the Waste Management subindustry, Capital Environment 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.


Capital Environment Holdings's Days Payable Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Capital Environment Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Capital Environment Holdings's Days Payable falls into.



Capital Environment 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.

Capital Environment 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
=( (1994.626 + 1805.621) / 2 ) / 2942.076*365
=1900.1235 / 2942.076*365
=235.73

Capital Environment 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
=( (1806.609 + 1805.621) / 2 ) / 1567.662*365 / 2
=1806.115 / 1567.662*365 / 2
=210.26

* 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.


Capital Environment Holdings Days Payable Related Terms

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Capital Environment Holdings (HKSE:03989) Business Description

Traded in Other Exchanges
Address
12 Harcourt Road, Bank of America Tower, Unit 1613-1618, 16th Floor, Central, Hong Kong, HKG
Capital Environment Holdings Ltd is an investment holding company engaged in the provision of waste treatment technologies and services, which specializes in technology development, design, system integration, project investment, consultancy, operation, and maintenance of waste treatment facilities, especially waste-to-energy projects. The Group has a single reportable segment which is the Waste treatment & waste-to-energy business in the PRC.

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