Armstrong Industrial Limited (SGX:A14) Days Payable : 52.39 (As of Jun. 2013)

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What is Armstrong Industrial Limited Days Payable?

Armstrong Industrial Limited's average Accounts Payable for the three months ended in Jun. 2013 was S$25.5 Mil. Armstrong Industrial Limited's Cost of Goods Sold for the three months ended in Jun. 2013 was S$44.4 Mil. Hence, Armstrong Industrial Limited's Days Payable for the three months ended in Jun. 2013 was 52.39.

The historical rank and industry rank for Armstrong Industrial Limited's Days Payable or its related term are showing as below:

SGX:A14's Days Payable is not ranked ^*
in the Industrial Products industry.
Industry Median: 76.41
* Ranked among companies with meaningful Days Payable only.

Armstrong Industrial Limited's Days Payable increased from Jun. 2012 (50.57) to Jun. 2013 (52.39). It may suggest that Armstrong Industrial Limited delayed paying its suppliers.

Armstrong Industrial Limited Days Payable Historical Data

The historical data trend for Armstrong Industrial Limited'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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Armstrong Industrial Limited Days Payable Chart

Armstrong Industrial Limited Annual Data

Trend

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Days Payable

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51.70

59.31

54.11

53.89

47.70

Armstrong Industrial Limited Quarterly Data
	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13
Days Payable	Get a 7-Day Free Trial										50.57	49.31	51.66	48.61	52.39

Competitive Comparison of Armstrong Industrial Limited's Days Payable

For the Specialty Industrial Machinery subindustry, Armstrong Industrial Limited'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.

Armstrong Industrial Limited's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Armstrong Industrial Limited's Days Payable distribution charts can be found below:

* The bar in red indicates where Armstrong Industrial Limited's Days Payable falls into.

Armstrong Industrial Limited 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.

Armstrong Industrial Limited's Days Payable for the fiscal year that ended in Dec. 2012 is calculated as

	Days Payable (A: Dec. 2012 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2011 )	+	Accounts Payable (A: Dec. 2012 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2012 )	*	Days in Period
=	( (24.373	+	21.031)	/	2 )	/	173.704	*	365
=	22.702					/	173.704	*	365
=	47.70

Armstrong Industrial Limited's Days Payable for the quarter that ended in Jun. 2013 is calculated as:

	Days Payable (Q: Jun. 2013 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2013 )	+	Accounts Payable (Q: Jun. 2013 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2013 )	*	Days in Period
=	( (22.224	+	28.749)	/	2 )	/	44.392	*	365 / 4
=	25.4865					/	44.392	*	365 / 4
=	52.39

Armstrong Industrial Limited Days Payable Related Terms

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Armstrong Industrial Limited (SGX:A14) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Armstrong Industrial Corporation Limited (SGX:A14) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

Website

http://www.armstrong.com.sg

Armstrong Industrial Corporation Limited is incorporated in Singapore. The Company is an investment holding company involved in manufacture and sale of precision die-cut foam and rubber moulded components for various technology and other applications. It operates in various segments namely Data storage, Office automation, Consumer electronics / Telecommunications, Automotive and Industrial engineering.

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