Aedge Group (SGX:XVG) Days Payable

: 9.92 (As of Dec. 2023)

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Aedge Group's average Accounts Payable for the six months ended in Dec. 2023 was S$0.56 Mil. Aedge Group's Cost of Goods Sold for the six months ended in Dec. 2023 was S$10.38 Mil. Hence, Aedge Group's Days Payable for the six months ended in Dec. 2023 was 9.92.

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

SGX:XVG' s Days Payable Range Over the Past 10 Years
Min: 9.04 Med: 36.51 Max: 80.4
Current: 9.21

During the past 6 years, Aedge Group's highest Days Payable was 80.40. The lowest was 9.04. And the median was 36.51.

SGX:XVG's Days Payable is ranked worse than
90.72% of 927 companies
in the Business Services industry
Industry Median: 47.71 vs SGX:XVG: 9.21

Aedge Group's Days Payable increased from Dec. 2022 (8.46) to Dec. 2023 (9.92). It may suggest that Aedge Group delayed paying its suppliers.

Aedge Group Days Payable Historical Data

The historical data trend for Aedge 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.

* Premium members only.

Aedge Group Annual Data

Trend

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Payable

80.40

61.22

11.80

9.04

Aedge Group Semi-Annual Data
	Jun18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Take a 7-Day Free Trial						27.67	20.95	8.46	9.43	9.92

Competitive Comparison

For the Security & Protection Services subindustry, Aedge 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.

Aedge Group Days Payable Distribution

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

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

Aedge 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.

Aedge Group'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
=	( (0.521	+	0.683)	/	2 )	/	24.315	*	365
=	0.602					/	24.315	*	365
=	9.04

Aedge 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
=	( (0.683	+	0.445)	/	2 )	/	10.378	*	365 / 2
=	0.564					/	10.378	*	365 / 2
=	9.92

Aedge Group Days Payable Related Terms

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Aedge Group (SGX:XVG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Aedge Group Ltd (SGX:XVG) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

4009 Ang Mo Kio Avenue 10, No. 04-33 Techplace 1, Singapore, SGP, 569738

Website

https://www.aedge.com.sg

Aedge Group Ltd is a Singapore-based multi-services provider, focusing on three principal services, namely engineering services, security and manpower services and transport services. The company generates maximum revenue from Security and manpower services which include security services, including security guarding services and security systems integration; cleaning services; and manpower services, including manpower staffing, recruitment and placement services.

Aedge Group (SGX:XVG) Headlines

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