ISEC Healthcare (SGX:40T) Days Payable : 17.85 (As of Mar. 2024)

View and export this data going back to 2014. Start your Free Trial

What is ISEC Healthcare Days Payable?

ISEC Healthcare's average Accounts Payable for the three months ended in Mar. 2024 was S$1.81 Mil. ISEC Healthcare's Cost of Goods Sold for the three months ended in Mar. 2024 was S$9.25 Mil. Hence, ISEC Healthcare's Days Payable for the three months ended in Mar. 2024 was 17.85.

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

SGX:40T' s Days Payable Range Over the Past 10 Years
Min: 17.38 Med: 25.55 Max: 65.76
Current: 17.38

During the past 11 years, ISEC Healthcare's highest Days Payable was 65.76. The lowest was 17.38. And the median was 25.55.

SGX:40T's Days Payable is ranked worse than
86.25% of 589 companies
in the Healthcare Providers & Services industry
Industry Median: 62.09 vs SGX:40T: 17.38

ISEC Healthcare's Days Payable declined from Mar. 2023 (20.85) to Mar. 2024 (17.85). It may suggest that ISEC Healthcare accelerated paying its suppliers.

ISEC Healthcare Days Payable Historical Data

The historical data trend for ISEC Healthcare'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.

ISEC Healthcare Days Payable Chart

ISEC Healthcare Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

20.25

22.35

65.76

48.16

17.82

ISEC Healthcare Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															20.85	19.29	15.64	15.36	17.85

Competitive Comparison of ISEC Healthcare's Days Payable

For the Medical Care Facilities subindustry, ISEC Healthcare'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.

ISEC Healthcare's Days Payable Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, ISEC Healthcare's Days Payable distribution charts can be found below:

* The bar in red indicates where ISEC Healthcare's Days Payable falls into.

ISEC Healthcare 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.

ISEC Healthcare'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
=	( (1.98	+	1.825)	/	2 )	/	38.958	*	365
=	1.9025					/	38.958	*	365
=	17.82

ISEC Healthcare's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (1.825	+	1.793)	/	2 )	/	9.249	*	365 / 4
=	1.809					/	9.249	*	365 / 4
=	17.85

ISEC Healthcare Days Payable Related Terms

Thank you for viewing the detailed overview of ISEC Healthcare's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

ISEC Healthcare (SGX:40T) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » ISEC Healthcare Ltd (SGX:40T) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

51 Goldhill Plaza, No. 10-07/08, Singapore, SGP, 308900

Website

https://www.isechealthcare.com

ISEC Healthcare Ltd is a Singapore based company engaged in providing medical eye care services through its subsidiaries. It also provides ambulatory surgical centers. In addition, the group is also focused on offering general medical services and aesthetic treatment services. The company has two reportable segments, namely Specialized health services, which include the provision of medical care, consultancy, treatment and surgery in the field of ophthalmology; and General health services which includes the provision of general medical and procedural treatment services It generates maximum revenue from the specialized health services segment. The firm operates in Singapore and Malaysia, of which key revenue is derived from Malaysia.

ISEC Healthcare (SGX:40T) Headlines

No Headlines