GSS Energy (SGX:41F) Days Payable : 79.37 (As of Dec. 2023)

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What is GSS Energy Days Payable?

GSS Energy's average Accounts Payable for the six months ended in Dec. 2023 was S$23.2 Mil. GSS Energy's Cost of Goods Sold for the six months ended in Dec. 2023 was S$53.4 Mil. Hence, GSS Energy's Days Payable for the six months ended in Dec. 2023 was 79.37.

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

SGX:41F' s Days Payable Range Over the Past 10 Years
Min: 67.85 Med: 72.99 Max: 93.4
Current: 86.4

During the past 13 years, GSS Energy's highest Days Payable was 93.40. The lowest was 67.85. And the median was 72.99.

SGX:41F's Days Payable is ranked better than
63.51% of 2420 companies
in the Hardware industry
Industry Median: 67.93 vs SGX:41F: 86.40

GSS Energy's Days Payable declined from Dec. 2022 (91.46) to Dec. 2023 (79.37). It may suggest that GSS Energy accelerated paying its suppliers.

GSS Energy Days Payable Historical Data

The historical data trend for GSS Energy'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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GSS Energy Days Payable Chart

GSS Energy Annual Data

Trend

Aug14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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70.88

72.99

86.53

88.84

93.40

GSS Energy Semi-Annual Data
	Aug13	Feb14	Aug14	Jun15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial															88.22	86.35	91.46	86.46	79.37

Competitive Comparison of GSS Energy's Days Payable

For the Electronic Components subindustry, GSS Energy'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.

GSS Energy's Days Payable Distribution in the Hardware Industry

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

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

GSS Energy 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.

GSS Energy'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
=	( (29.061	+	25.385)	/	2 )	/	106.386	*	365
=	27.223					/	106.386	*	365
=	93.40

GSS Energy'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
=	( (21.1	+	25.385)	/	2 )	/	53.445	*	365 / 2
=	23.2425					/	53.445	*	365 / 2
=	79.37

GSS Energy Days Payable Related Terms

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GSS Energy (SGX:41F) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » GSS Energy Ltd (SGX:41F) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Blk 4012 Ang Mo Kio Ave 10, No. 05-01 Techplace 1, Singapore, SGP, 569628

Website

https://www.giken.com.sg

GSS Energy Ltd through its subsidiaries is engaged in providing production technology to multi-national manufacturers in the field of home and car audio entertainment. It also manufactures precision shafts, and drills and distributes oil in Indonesia. The company operates in three reportable segments: Mechanisms division and Microshafts division and Electric vehicle division . Mechanisms division which derives the majority of revenue provides advanced production technology to multi-national manufacturers in the field of home and car audio entertainment, communication, computer and office automation industries and medical industries. Microshafts division concentrates on the manufacturing of high precision shafts.

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