China Industrial Securities International Financial Group (HKSE:06058) Days Payable : 4,568.34 (As of Dec. 2023)

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What is China Industrial Securities International Financial Group Days Payable?

China Industrial Securities International Financial Group's average Accounts Payable for the six months ended in Dec. 2023 was HK$3,458.0 Mil. China Industrial Securities International Financial Group's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$138.1 Mil. Hence, China Industrial Securities International Financial Group's Days Payable for the six months ended in Dec. 2023 was 4,568.34.

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

HKSE:06058' s Days Payable Range Over the Past 10 Years
Min: 2693.11 Med: 5864.02 Max: 7264.9
Current: 5276.47

During the past 10 years, China Industrial Securities International Financial Group's highest Days Payable was 7264.90. The lowest was 2693.11. And the median was 5864.02.

HKSE:06058's Days Payable is ranked better than
94.74% of 76 companies
in the Diversified Financial Services industry
Industry Median: 83.07 vs HKSE:06058: 5276.47

China Industrial Securities International Financial Group's Days Payable declined from Dec. 2022 (5,716.30) to Dec. 2023 (4,568.34). It may suggest that China Industrial Securities International Financial Group accelerated paying its suppliers.

China Industrial Securities International Financial Group Days Payable Historical Data

The historical data trend for China Industrial Securities International Financial Group'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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China Industrial Securities International Financial Group Days Payable Chart

China Industrial Securities International Financial Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

5,627.18

5,193.73

7,264.90

6,613.36

5,236.97

China Industrial Securities International Financial Group Semi-Annual Data
	Dec14	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													12,452.87	8,493.35	5,716.30	6,366.20	4,568.34

Competitive Comparison of China Industrial Securities International Financial Group's Days Payable

For the Financial Conglomerates subindustry, China Industrial Securities International Financial Group'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 Industrial Securities International Financial Group's Days Payable Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, China Industrial Securities International Financial Group's Days Payable distribution charts can be found below:

* The bar in red indicates where China Industrial Securities International Financial Group's Days Payable falls into.

China Industrial Securities International Financial Group 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 Industrial Securities International Financial Group'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
=	( (3150.507	+	3510.257)	/	2 )	/	232.117	*	365
=	3330.382					/	232.117	*	365
=	5,236.97

China Industrial Securities International Financial Group'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
=	( (3405.734	+	3510.257)	/	2 )	/	138.143	*	365 / 2
=	3457.9955					/	138.143	*	365 / 2
=	4,568.34

China Industrial Securities International Financial Group Days Payable Related Terms

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China Industrial Securities International Financial Group (HKSE:06058) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » China Industrial Securities International Financial Group Ltd (HKSE:06058) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

199 Des Voeux Road Central, 32 & 25 Floor, Infinitus Plaza, Sheung Wan, Hong Kong, HKG

Website

https://www.xyzq.com.hk

China Industrial Securities International Financial Group Ltd offers integrated financial services. It operates in the business segments of Brokerage, Margin financing, Corporate finance, Asset management, Financial products & investments, and Others. The company generates the majority of its revenue from the Brokerage segment. Its revenue is primarily generated from activities based in Hong Kong.

China Industrial Securities International Financial Group (HKSE:06058) Headlines

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