HL Global Enterprises (SGX:AVX) Days Payable : 126.08 (As of Dec. 2023)

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What is HL Global Enterprises Days Payable?

HL Global Enterprises's average Accounts Payable for the six months ended in Dec. 2023 was S$1.05 Mil. HL Global Enterprises's Cost of Goods Sold for the six months ended in Dec. 2023 was S$1.52 Mil. Hence, HL Global Enterprises's Days Payable for the six months ended in Dec. 2023 was 126.08.

The historical rank and industry rank for HL Global Enterprises's Days Payable or its related term are showing as below:

SGX:AVX' s Days Payable Range Over the Past 10 Years
Min: 45.28 Med: 66.1 Max: 304.2
Current: 106.63

During the past 13 years, HL Global Enterprises's highest Days Payable was 304.20. The lowest was 45.28. And the median was 66.10.

SGX:AVX's Days Payable is ranked better than
67.28% of 755 companies
in the Travel & Leisure industry
Industry Median: 57.87 vs SGX:AVX: 106.63

HL Global Enterprises's Days Payable increased from Dec. 2022 (123.40) to Dec. 2023 (126.08). It may suggest that HL Global Enterprises delayed paying its suppliers.

HL Global Enterprises Days Payable Historical Data

The historical data trend for HL Global Enterprises'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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HL Global Enterprises Days Payable Chart

HL Global Enterprises Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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45.61

68.84

116.22

63.35

53.60

HL Global Enterprises Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial															205.29	149.74	123.40	140.44	126.08

Competitive Comparison of HL Global Enterprises's Days Payable

For the Lodging subindustry, HL Global Enterprises'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.

HL Global Enterprises's Days Payable Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, HL Global Enterprises's Days Payable distribution charts can be found below:

* The bar in red indicates where HL Global Enterprises's Days Payable falls into.

HL Global Enterprises 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.

HL Global Enterprises'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
=	( (0.52	+	0.359)	/	2 )	/	2.993	*	365
=	0.4395					/	2.993	*	365
=	53.60

HL Global Enterprises'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
=	( (1.744	+	0.359)	/	2 )	/	1.522	*	365 / 2
=	1.0515					/	1.522	*	365 / 2
=	126.08

HL Global Enterprises Days Payable Related Terms

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HL Global Enterprises (SGX:AVX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » HL Global Enterprises Ltd (SGX:AVX) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

10 Anson Road, Number 19-08 International Plaza, Singapore, SGP, 079903

Website

http://www.hlge.com.sg

HL Global Enterprises Ltd operates and manages hotels and restaurants in Singapore, Malaysia, and China. It is also engaged in the development of properties for sale and rental, and property and development project management. It operates in three segments: Investment and others, which involves investment holding; Hospitality and restaurant which is engaged in operating and management of hotels and restaurants; and Property development which includes development of properties for sale and rental and property and development project management. The hospitality and restaurant segment generates maximum revenue for the company. The company operates in Singapore, the People's Republic of China and Malaysia.