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CSE Global (CSE Global) Days Payable : 69.81 (As of Dec. 2023)


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What is CSE Global Days Payable?

CSE Global's average Accounts Payable for the six months ended in Dec. 2023 was $78.0 Mil. CSE Global's Cost of Goods Sold for the six months ended in Dec. 2023 was $204.0 Mil. Hence, CSE Global's Days Payable for the six months ended in Dec. 2023 was 69.81.

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

CSYJF' s Days Payable Range Over the Past 10 Years
Min: 30.32   Med: 34.97   Max: 62.23
Current: 62.23

During the past 13 years, CSE Global's highest Days Payable was 62.23. The lowest was 30.32. And the median was 34.97.

CSYJF's Days Payable is ranked better than
55.54% of 2526 companies
in the Software industry
Industry Median: 50.42 vs CSYJF: 62.23

CSE Global's Days Payable increased from Dec. 2022 (56.14) to Dec. 2023 (69.81). It may suggest that CSE Global delayed paying its suppliers.


CSE Global Days Payable Historical Data

The historical data trend for CSE Global'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.

* Premium members only.

CSE Global Days Payable Chart

CSE Global Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 33.45 38.08 36.81 40.98 44.46

CSE Global 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 54.89 54.52 56.14 71.60 69.81

Competitive Comparison of CSE Global's Days Payable

For the Information Technology Services subindustry, CSE Global'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.


CSE Global's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, CSE Global's Days Payable distribution charts can be found below:

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



CSE Global 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.

CSE Global'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
=( (43.859 + 52.198) / 2 ) / 394.255*365
=48.0285 / 394.255*365
=44.46

CSE Global'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
=( (103.863 + 52.198) / 2 ) / 203.988*365 / 2
=78.0305 / 203.988*365 / 2
=69.81

* 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.


CSE Global Days Payable Related Terms

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CSE Global (CSE Global) Business Description

Traded in Other Exchanges
Address
202 Bedok South Avenue 1, Building C No. 01-21, Singapore, SGP, 469332
CSE Global Ltd is an international technology company. It is engaged in the provision of total integrated industrial automation, information technology and intelligent transport solutions and investment holding. The company provide network and security solutions, targeting to Mining, Infrastructure, Oil, and Gas industry. The revenue sources of the group are Project revenue, Time and material revenue, Maintenance revenue and Equipment rental. The geographical regions of the company are Americas, Asia Pacific and EMEA.

CSE Global (CSE Global) Headlines