Venture (Venture) Days Payable : 74.96 (As of Dec. 2023)

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What is Venture Days Payable?

Venture's average Accounts Payable for the six months ended in Dec. 2023 was $330 Mil. Venture's Cost of Goods Sold for the six months ended in Dec. 2023 was $803 Mil. Hence, Venture's Days Payable for the six months ended in Dec. 2023 was 74.96.

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

VEMLF' s Days Payable Range Over the Past 10 Years
Min: 63.74 Med: 71.51 Max: 82.69
Current: 76.44

During the past 13 years, Venture's highest Days Payable was 82.69. The lowest was 63.74. And the median was 71.51.

VEMLF's Days Payable is ranked better than
56.63% of 2419 companies
in the Hardware industry
Industry Median: 67.95 vs VEMLF: 76.44

Venture's Days Payable increased from Dec. 2022 (68.16) to Dec. 2023 (74.96). It may suggest that Venture delayed paying its suppliers.

Venture Days Payable Historical Data

The historical data trend for Venture'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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Venture Days Payable Chart

Venture Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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67.87

72.28

83.42

73.11

74.21

Venture 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															83.72	89.08	68.16	78.74	74.96

Competitive Comparison of Venture's Days Payable

For the Electronic Components subindustry, Venture'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.

Venture's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Venture's Days Payable distribution charts can be found below:

* The bar in red indicates where Venture's Days Payable falls into.

Venture 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.

Venture'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
=	( (394.39	+	293.955)	/	2 )	/	1692.827	*	365
=	344.1725					/	1692.827	*	365
=	74.21

Venture'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
=	( (365.551	+	293.955)	/	2 )	/	802.863	*	365 / 2
=	329.753					/	802.863	*	365 / 2
=	74.96

Venture Days Payable Related Terms

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Venture (Venture) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Venture Corp Ltd (OTCPK:VEMLF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

VEMLY:USA V03:Singapore VEM:Germany

Address

5006 Ang Mo Kio Avenue 5, No. 05-01/12 TECHplace II, Singapore, SGP, 569873

Website

https://www.venture.com.sg

Venture Corp Ltd is a Singapore-based company that provides technology services, products and solutions. It offers solutions such as supply chain management, product refurbishment, and technical support, product and process engineering and others. The company's reportable segments are Advanced Manufacturing and Design Solutions, and Technology Products and Design Solutions. It generates a majority of its revenue from the Advanced Manufacturing and Design Solutions segment. Geographically, the company generates a majority of its revenue from Asia excluding Singapore.

Venture (Venture) Headlines

From GuruFocus

Roger Edgley Comments on Venture Corp. Ltd.

By Holly LaFon Holly LaFon • 12-07-2017