Mooreast Holdings (SGX:1V3) Days Payable : 96.82 (As of Jun. 2023)

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What is Mooreast Holdings Days Payable?

Mooreast Holdings's average Accounts Payable for the six months ended in Jun. 2023 was S$4.51 Mil. Mooreast Holdings's Cost of Goods Sold for the six months ended in Jun. 2023 was S$8.50 Mil. Hence, Mooreast Holdings's Days Payable for the six months ended in Jun. 2023 was 96.82.

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

SGX:1V3' s Days Payable Range Over the Past 10 Years
Min: 76.01 Med: 93.87 Max: 145.6
Current: 99.3

During the past 3 years, Mooreast Holdings's highest Days Payable was 145.60. The lowest was 76.01. And the median was 93.87.

SGX:1V3's Days Payable is ranked better than
59.06% of 298 companies
in the Aerospace & Defense industry
Industry Median: 75.38 vs SGX:1V3: 99.30

Mooreast Holdings's Days Payable increased from Jun. 2022 (85.35) to Jun. 2023 (96.82). It may suggest that Mooreast Holdings delayed paying its suppliers.

Mooreast Holdings Days Payable Historical Data

The historical data trend for Mooreast 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.

* Premium members only.

Mooreast Holdings Days Payable Chart

Mooreast Holdings Annual Data

Trend

Dec20

Dec21

Dec22

Days Payable

93.87

145.60

76.01

Mooreast Holdings Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Days Payable	Get a 7-Day Free Trial			133.91	157.74	85.35	91.22	96.82

Competitive Comparison of Mooreast Holdings's Days Payable

For the Aerospace & Defense subindustry, Mooreast 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.

Mooreast Holdings's Days Payable Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Mooreast Holdings's Days Payable distribution charts can be found below:

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

Mooreast 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.

Mooreast Holdings's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (3.472	+	3.598)	/	2 )	/	16.974	*	365
=	3.535					/	16.974	*	365
=	76.01

Mooreast Holdings's Days Payable for the quarter that ended in Jun. 2023 is calculated as:

	Days Payable (Q: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2022 )	+	Accounts Payable (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (3.598	+	5.416)	/	2 )	/	8.495	*	365 / 2
=	4.507					/	8.495	*	365 / 2
=	96.82

Mooreast Holdings Days Payable Related Terms

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Mooreast Holdings (SGX:1V3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Mooreast Holdings Ltd (SGX:1V3) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

51 Shipyard Road, Mooreast Offshore Base, Singapore, SGP, 628139

Website

https://www.mooreast.com

Mooreast Holdings Ltd is a total mooring solutions specialist, serving the offshore oil and gas, marine and offshore renewable energy industries. With strong in-house capabilities in design, engineering and fabrication, the company offers a full range of mooring solutions including the design, engineering, fabrication, supply, mobilisation and logistics, installation and commissioning services for mooring systems and mooring system components as well as the provision of rigging and heavy lifting equipment.

Mooreast Holdings (SGX:1V3) Headlines

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