ValueMax Group (SGX:T6I) Days Payable : 2.84 (As of Dec. 2023)

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What is ValueMax Group Days Payable?

ValueMax Group's average Accounts Payable for the six months ended in Dec. 2023 was S$1.9 Mil. ValueMax Group's Cost of Goods Sold for the six months ended in Dec. 2023 was S$124.7 Mil. Hence, ValueMax Group's Days Payable for the six months ended in Dec. 2023 was 2.84.

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

SGX:T6I' s Days Payable Range Over the Past 10 Years
Min: 0.07 Med: 0.37 Max: 7
Current: 2.08

During the past 12 years, ValueMax Group's highest Days Payable was 7.00. The lowest was 0.07. And the median was 0.37.

SGX:T6I's Days Payable is ranked worse than
98.43% of 1081 companies
in the Retail - Cyclical industry
Industry Median: 56.41 vs SGX:T6I: 2.08

ValueMax Group's Days Payable declined from Dec. 2022 (5.45) to Dec. 2023 (2.84). It may suggest that ValueMax Group accelerated paying its suppliers.

ValueMax Group Days Payable Historical Data

The historical data trend for ValueMax Group'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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ValueMax Group Days Payable Chart

ValueMax Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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0.40

0.46

0.33

0.07

0.12

ValueMax Group 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															4.09	4.57	5.45	3.31	2.84

Competitive Comparison of ValueMax Group's Days Payable

For the Luxury Goods subindustry, ValueMax Group'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.

ValueMax Group's Days Payable Distribution in the Retail - Cyclical Industry

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

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

ValueMax Group 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.

ValueMax Group'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
=	( (0.063	+	0.088)	/	2 )	/	230.813	*	365
=	0.0755					/	230.813	*	365
=	0.12

ValueMax Group'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
=	( (3.791	+	0.088)	/	2 )	/	124.682	*	365 / 2
=	1.9395					/	124.682	*	365 / 2
=	2.84

ValueMax Group Days Payable Related Terms

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ValueMax Group (SGX:T6I) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » ValueMax Group Ltd (SGX:T6I) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

261 Waterloo Street, Number 01-35, Singapore, SGP, 180261

Website

https://www.valuemax.com.sg

ValueMax Group Ltd provides pawnbroking and moneylending services, as well as the retail and trading of pre-owned jewellery and gold. The objective of the company is to be the most trusted alternative financial services provider. The group is organized into four operating segments namely: Pawnbroking; Retail and trading of pre-owned jewellery and gold; Moneylending; and Other operations including investment holding and provision of other support services. Its business activities are mainly conducted in Singapore. The retail and trading of pre-owned jewellery and gold segment generate maximum revenue for the company.

ValueMax Group (SGX:T6I) Headlines

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