Century Global Commodities (TSX:CNT) Days Payable : 33.78 (As of Dec. 2023)

View and export this data going back to 2009. Start your Free Trial

What is Century Global Commodities Days Payable?

Century Global Commodities's average Accounts Payable for the three months ended in Dec. 2023 was C$0.95 Mil. Century Global Commodities's Cost of Goods Sold for the three months ended in Dec. 2023 was C$2.58 Mil. Hence, Century Global Commodities's Days Payable for the three months ended in Dec. 2023 was 33.78.

The historical rank and industry rank for Century Global Commodities's Days Payable or its related term are showing as below:

TSX:CNT' s Days Payable Range Over the Past 10 Years
Min: 15.89 Med: 24.7 Max: 45.16
Current: 35.64

During the past 13 years, Century Global Commodities's highest Days Payable was 45.16. The lowest was 15.89. And the median was 24.70.

TSX:CNT's Days Payable is ranked worse than
61.64% of 305 companies
in the Retail - Defensive industry
Industry Median: 44.54 vs TSX:CNT: 35.64

Century Global Commodities's Days Payable increased from Dec. 2022 (30.44) to Dec. 2023 (33.78). It may suggest that Century Global Commodities delayed paying its suppliers.

Century Global Commodities Days Payable Historical Data

The historical data trend for Century Global Commodities'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.

Century Global Commodities Days Payable Chart

Century Global Commodities Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

Get a 7-Day Free Trial

15.89

24.70

24.84

24.30

41.41

Century Global Commodities Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															30.44	44.24	34.81	25.26	33.78

Competitive Comparison of Century Global Commodities's Days Payable

For the Food Distribution subindustry, Century Global Commodities'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.

Century Global Commodities's Days Payable Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Century Global Commodities's Days Payable distribution charts can be found below:

* The bar in red indicates where Century Global Commodities's Days Payable falls into.

Century Global Commodities 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.

Century Global Commodities's Days Payable for the fiscal year that ended in Mar. 2023 is calculated as

	Days Payable (A: Mar. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2022 )	+	Accounts Payable (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (0.563	+	1.268)	/	2 )	/	8.07	*	365
=	0.9155					/	8.07	*	365
=	41.41

Century Global Commodities'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: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (0.706	+	1.202)	/	2 )	/	2.577	*	365 / 4
=	0.954					/	2.577	*	365 / 4
=	33.78

Century Global Commodities Days Payable Related Terms

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

Century Global Commodities (TSX:CNT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Century Global Commodities Corp (TSX:CNT) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

CEUMF:USA

Address

Houston Centre, 63 Mody Road, Unit 905-6, 9th Floor, Tsim Sha Tsui, Kowloon, Hong Kong, HKG

Website

https://www.centuryglobal.ca

Century Global Commodities Corp is a diversified company primarily engaged in exploration and mining activities with assets in the Provinces of Newfoundland and Labrador, and Quebec, Canada. It also has operations in the distribution of food in China. Its segments include the Mining segment, which engages in the exploration and development of mineral projects in Canada and the investment in global mining securities; the Food segment, which engages in the distribution of food and the provision of food service in Hong Kong and Mainland China; and the Corporate segment, which mainly represents the group's corporate and managerial functions. It derives a majority of its revenue from the Food segment.

Executives

Sandy Chun Kwan Chim

Director, Director or Senior Officer of 10% Security Holder, Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6), Senior Officer

Century Global Commodities (TSX:CNT) Headlines

No Headlines