Asiatic Group (Holdings) (SGX:5CR) Days Payable : 70.95 (As of Dec. 2023)

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What is Asiatic Group (Holdings) Days Payable?

Asiatic Group (Holdings)'s average Accounts Payable for the three months ended in Dec. 2023 was S$5.79 Mil. Asiatic Group (Holdings)'s Cost of Goods Sold for the three months ended in Dec. 2023 was S$7.45 Mil. Hence, Asiatic Group (Holdings)'s Days Payable for the three months ended in Dec. 2023 was 70.95.

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

SGX:5CR' s Days Payable Range Over the Past 10 Years
Min: 75.52 Med: 95.01 Max: 126.48
Current: 75.52

During the past 13 years, Asiatic Group (Holdings)'s highest Days Payable was 126.48. The lowest was 75.52. And the median was 95.01.

SGX:5CR's Days Payable is ranked worse than
51.3% of 386 companies
in the Utilities - Independent Power Producers industry
Industry Median: 77.405 vs SGX:5CR: 75.52

Asiatic Group (Holdings)'s Days Payable declined from Dec. 2022 (88.74) to Dec. 2023 (70.95). It may suggest that Asiatic Group (Holdings) accelerated paying its suppliers.

Asiatic Group (Holdings) Days Payable Historical Data

The historical data trend for Asiatic Group (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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Asiatic Group (Holdings) Days Payable Chart

Asiatic Group (Holdings) Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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83.26

91.92

108.48

86.50

82.47

Asiatic Group (Holdings) Quarterly Data
	Mar18	Sep18	Mar19	Sep19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															88.74	85.13	75.64	74.27	70.95

Competitive Comparison of Asiatic Group (Holdings)'s Days Payable

For the Utilities - Independent Power Producers subindustry, Asiatic Group (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.

Asiatic Group (Holdings)'s Days Payable Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Asiatic Group (Holdings)'s Days Payable distribution charts can be found below:

* The bar in red indicates where Asiatic Group (Holdings)'s Days Payable falls into.

Asiatic Group (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.

Asiatic Group (Holdings)'s Days Payable for the fiscal year that ended in Mar. 2023 is calculated as

	Days Payable (A: Mar. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2022 )	+	Accounts Payable (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (5.643	+	6.903)	/	2 )	/	27.763	*	365
=	6.273					/	27.763	*	365
=	82.47

Asiatic Group (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: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (6.02	+	5.557)	/	2 )	/	7.445	*	365 / 4
=	5.7885					/	7.445	*	365 / 4
=	70.95

Asiatic Group (Holdings) Days Payable Related Terms

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Asiatic Group (Holdings) (SGX:5CR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Asiatic Group (Holdings) Ltd (SGX:5CR) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

65 Joo Koon Circle, Singapore, SGP, 629078

Website

https://www.asiatic.com.sg

Asiatic Group (Holdings) Ltd is an engineering management company focused on the development of two sectors Power and Fire fighting and protection. The firefighting and protection sector includes the supply, installation, and maintenance of fire-fighting and protection equipment. The power sector includes power generation and distribution of controlled power supply and equipment. The company manufactures fire extinguishers and assembles fire-fighting products such as hose reels, hydrants, alarm systems, and emergency lighting, under its brand name KILLFIRE. It operates in Singapore, Cambodia, and other countries. It generates revenue from the Power sector.

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