Ouhua Energy Holdings (SGX:AJ2) Days Payable : 11.10 (As of Dec. 2023)

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What is Ouhua Energy Holdings Days Payable?

Ouhua Energy Holdings's average Accounts Payable for the six months ended in Dec. 2023 was S$17.2 Mil. Ouhua Energy Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was S$283.1 Mil. Hence, Ouhua Energy Holdings's Days Payable for the six months ended in Dec. 2023 was 11.10.

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

SGX:AJ2' s Days Payable Range Over the Past 10 Years
Min: 4.83 Med: 16.34 Max: 27.7
Current: 6.98

During the past 13 years, Ouhua Energy Holdings's highest Days Payable was 27.70. The lowest was 4.83. And the median was 16.34.

SGX:AJ2's Days Payable is ranked worse than
98.38% of 494 companies
in the Utilities - Regulated industry
Industry Median: 66.265 vs SGX:AJ2: 6.98

Ouhua Energy Holdings's Days Payable increased from Dec. 2022 (3.69) to Dec. 2023 (11.10). It may suggest that Ouhua Energy Holdings delayed paying its suppliers.

Ouhua Energy Holdings Days Payable Historical Data

The historical data trend for Ouhua Energy Holdings'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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Ouhua Energy Holdings Days Payable Chart

Ouhua Energy Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

16.30

16.37

7.12

4.83

7.15

Ouhua Energy Holdings 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															10.94	7.66	3.69	3.22	11.10

Competitive Comparison of Ouhua Energy Holdings's Days Payable

For the Utilities - Regulated Gas subindustry, Ouhua Energy Holdings'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.

Ouhua Energy Holdings's Days Payable Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Ouhua Energy Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Ouhua Energy Holdings's Days Payable falls into.

Ouhua Energy Holdings 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.

Ouhua Energy Holdings'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
=	( (0.218	+	23.33)	/	2 )	/	601.308	*	365
=	11.774					/	601.308	*	365
=	7.15

Ouhua Energy Holdings'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
=	( (11.097	+	23.33)	/	2 )	/	283.134	*	365 / 2
=	17.2135					/	283.134	*	365 / 2
=	11.10

Ouhua Energy Holdings Days Payable Related Terms

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Ouhua Energy Holdings (SGX:AJ2) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Ouhua Energy Holdings Ltd (SGX:AJ2) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Long Wan Suo Cheng Town, Raoping County, Guangdong Province, Chaozhou, CHN

Website

http://www.ohwa.com.sg

Ouhua Energy Holdings Ltd through its subsidiaries is engaged in the import, processing, storage and distribution of LPG in China and Asia Pacific region. The company imports its raw materials, butane, and propane, from suppliers overseas and processes these into LPG for sale to customers. Its customers include lower-tier gas distributors and contract distributors. Geographically, it derives maximum revenue from the PRC.

Ouhua Energy Holdings (SGX:AJ2) Headlines

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