Tiong Woon Holding (SGX:BQM) Days Payable : 159.19 (As of Dec. 2023)

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What is Tiong Woon Holding Days Payable?

Tiong Woon Holding's average Accounts Payable for the six months ended in Dec. 2023 was S$37.0 Mil. Tiong Woon Holding's Cost of Goods Sold for the six months ended in Dec. 2023 was S$42.4 Mil. Hence, Tiong Woon Holding's Days Payable for the six months ended in Dec. 2023 was 159.19.

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

SGX:BQM' s Days Payable Range Over the Past 10 Years
Min: 77.59 Med: 90.26 Max: 157.02
Current: 157.02

During the past 13 years, Tiong Woon Holding's highest Days Payable was 157.02. The lowest was 77.59. And the median was 90.26.

SGX:BQM's Days Payable is ranked better than
84.5% of 929 companies
in the Business Services industry
Industry Median: 46.77 vs SGX:BQM: 157.02

Tiong Woon Holding's Days Payable increased from Dec. 2022 (144.86) to Dec. 2023 (159.19). It may suggest that Tiong Woon Holding delayed paying its suppliers.

Tiong Woon Holding Days Payable Historical Data

The historical data trend for Tiong Woon Holding'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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Tiong Woon Holding Days Payable Chart

Tiong Woon Holding Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Payable

Get a 7-Day Free Trial

85.97

91.41

77.59

89.11

85.37

Tiong Woon Holding 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															113.96	124.49	144.86	112.01	159.19

Competitive Comparison of Tiong Woon Holding's Days Payable

For the Rental & Leasing Services subindustry, Tiong Woon Holding'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.

Tiong Woon Holding's Days Payable Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Tiong Woon Holding's Days Payable distribution charts can be found below:

* The bar in red indicates where Tiong Woon Holding's Days Payable falls into.

Tiong Woon Holding 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.

Tiong Woon Holding's Days Payable for the fiscal year that ended in Jun. 2023 is calculated as

	Days Payable (A: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2022 )	+	Accounts Payable (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (21.749	+	16.454)	/	2 )	/	81.665	*	365
=	19.1015					/	81.665	*	365
=	85.37

Tiong Woon Holding'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
=	( (16.454	+	57.48)	/	2 )	/	42.38	*	365 / 2
=	36.967					/	42.38	*	365 / 2
=	159.19

Tiong Woon Holding Days Payable Related Terms

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Tiong Woon Holding (SGX:BQM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Tiong Woon Corp Holding Ltd (SGX:BQM) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 15 Pandan Crescent, Singapore, SGP, 128470

Website

http://www.tiongwoon.com

Tiong Woon Corp Holding Ltd is a company engaged in providing integrated specialist services. It also manages turnkey projects from planning to the execution stage. The company operates in three segments. The heavy Lift and Haulage segment, which is the key revenue driver, comprises a wide range of reliable services in Marine Transportation; Marine Transportation comprises the provision of tug and barge services for a wide range of sea transportation projects; The Trading segment comprises trading of new and used equipment. Its revenue comes from the Singapore market, while it has a presence in the Middle East, India, Malaysia, and other countries.

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