Polaris (SGX:5BI) Days Payable : 8.29 (As of Dec. 2023)

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What is Polaris Days Payable?

Polaris's average Accounts Payable for the six months ended in Dec. 2023 was S$0.51 Mil. Polaris's Cost of Goods Sold for the six months ended in Dec. 2023 was S$11.15 Mil. Hence, Polaris's Days Payable for the six months ended in Dec. 2023 was 8.29.

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

SGX:5BI' s Days Payable Range Over the Past 10 Years
Min: 4.83 Med: 16.85 Max: 47.13
Current: 8.38

During the past 13 years, Polaris's highest Days Payable was 47.13. The lowest was 4.83. And the median was 16.85.

SGX:5BI's Days Payable is ranked worse than
93.7% of 1080 companies
in the Retail - Cyclical industry
Industry Median: 56.525 vs SGX:5BI: 8.38

Polaris's Days Payable declined from Dec. 2022 (13.17) to Dec. 2023 (8.29). It may suggest that Polaris accelerated paying its suppliers.

Polaris Days Payable Historical Data

The historical data trend for Polaris'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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Polaris Days Payable Chart

Polaris Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

6.03

15.31

8.94

8.97

4.83

Polaris 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															16.42	17.00	13.17	12.55	8.29

Competitive Comparison of Polaris's Days Payable

For the Specialty Retail subindustry, Polaris'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.

Polaris's Days Payable Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Polaris's Days Payable distribution charts can be found below:

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

Polaris 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.

Polaris'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
=	( (0.354	+	0.171)	/	2 )	/	19.847	*	365
=	0.2625					/	19.847	*	365
=	4.83

Polaris'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
=	( (0.842	+	0.171)	/	2 )	/	11.154	*	365 / 2
=	0.5065					/	11.154	*	365 / 2
=	8.29

Polaris Days Payable Related Terms

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

Polaris (SGX:5BI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Polaris Ltd (SGX:5BI) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

81 Ubi Avenue 4, Number 03-11 UB.One, Singapore, SGP, 6309 9088

Website

https://www.wearepolaris.sg

Polaris Ltd is engaged in the distribution and retail of smart mobile devices and lifestyle electronics. Its segments include the Distribution segment, which engages in the distribution of mobile handsets and accessories; the Pre-owned luxury goods segment, which engages in the business of importing and exporting pre-owned luxury goods and premium lifestyle products; the Consumer electronics segment, which engages in the corporate sale of telecommunication, IT, educational robotics, and consumer electronics products; Customer services segment, which provides after-market services to end consumers for equipment repairs, refurbishments, and technical services; and Corporate segment, which is involved in Group-level corporate services, treasury functions, and investments.

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