Grand Banks Yachts (SGX:G50) Days Payable : 22.05 (As of Dec. 2023)

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What is Grand Banks Yachts Days Payable?

Grand Banks Yachts's average Accounts Payable for the six months ended in Dec. 2023 was S$5.0 Mil. Grand Banks Yachts's Cost of Goods Sold for the six months ended in Dec. 2023 was S$41.4 Mil. Hence, Grand Banks Yachts's Days Payable for the six months ended in Dec. 2023 was 22.05.

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

SGX:G50' s Days Payable Range Over the Past 10 Years
Min: 10.84 Med: 21.43 Max: 27.38
Current: 19.67

During the past 13 years, Grand Banks Yachts's highest Days Payable was 27.38. The lowest was 10.84. And the median was 21.43.

SGX:G50's Days Payable is ranked worse than
84.06% of 759 companies
in the Travel & Leisure industry
Industry Median: 59.8 vs SGX:G50: 19.67

Grand Banks Yachts's Days Payable increased from Dec. 2022 (19.60) to Dec. 2023 (22.05). It may suggest that Grand Banks Yachts delayed paying its suppliers.

Grand Banks Yachts Days Payable Historical Data

The historical data trend for Grand Banks Yachts'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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Grand Banks Yachts Days Payable Chart

Grand Banks Yachts Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Payable

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27.38

15.73

10.84

21.26

25.26

Grand Banks Yachts 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															14.05	20.10	19.60	21.42	22.05

Competitive Comparison of Grand Banks Yachts's Days Payable

For the Leisure subindustry, Grand Banks Yachts'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.

Grand Banks Yachts's Days Payable Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Grand Banks Yachts's Days Payable distribution charts can be found below:

* The bar in red indicates where Grand Banks Yachts's Days Payable falls into.

Grand Banks Yachts 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.

Grand Banks Yachts'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
=	( (4.383	+	6.33)	/	2 )	/	77.386	*	365
=	5.3565					/	77.386	*	365
=	25.26

Grand Banks Yachts'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
=	( (6.33	+	3.67)	/	2 )	/	41.383	*	365 / 2
=	5					/	41.383	*	365 / 2
=	22.05

Grand Banks Yachts Days Payable Related Terms

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Grand Banks Yachts (SGX:G50) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Grand Banks Yachts Ltd (SGX:G50) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

21 Bukit Batok Crescent, No. 06-74, Wcega Tower, Singapore, SGP, 658065

Website

https://www.grandbanks.com

Grand Banks Yachts Ltd along with its subsidiaries is an investment holding company that is involved in manufacturing, selling and exporting luxury yachts overseas. The company has two segments: Manufacturing and Trading of Yachts and Others. Geographically the company exports its products to America, Europe, Australia, and Asia; out of which America generates maximum revenue for the company. It also provides hardware and other accessories for making yachts. Grand Banks 54, Grand Banks 60, Grand Banks 85, Eastbay 44 and Eastbay 60 are the company's product lines. The majority of the firm's revenue comes from the Manufacturing and Trading of Yachts segment.

Grand Banks Yachts (SGX:G50) Headlines

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