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Azeus Systems Holdings (SGX:BBW) Days Payable : 25.75 (As of Sep. 2023)


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What is Azeus Systems Holdings Days Payable?

Azeus Systems Holdings's average Accounts Payable for the six months ended in Sep. 2023 was S$1.03 Mil. Azeus Systems Holdings's Cost of Goods Sold for the six months ended in Sep. 2023 was S$7.29 Mil. Hence, Azeus Systems Holdings's Days Payable for the six months ended in Sep. 2023 was 25.75.

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

SGX:BBW' s Days Payable Range Over the Past 10 Years
Min: 4.72   Med: 13.67   Max: 39.2
Current: 39.2

During the past 13 years, Azeus Systems Holdings's highest Days Payable was 39.20. The lowest was 4.72. And the median was 13.67.

SGX:BBW's Days Payable is ranked worse than
57.33% of 2531 companies
in the Software industry
Industry Median: 50.36 vs SGX:BBW: 39.20

Azeus Systems Holdings's Days Payable declined from Sep. 2022 (46.91) to Sep. 2023 (25.75). It may suggest that Azeus Systems Holdings accelerated paying its suppliers.


Azeus Systems Holdings Days Payable Historical Data

The historical data trend for Azeus Systems 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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Azeus Systems Holdings Days Payable Chart

Azeus Systems Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.59 12.62 18.13 15.89 14.72

Azeus Systems Holdings Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 61.53 68.04 46.91 39.91 25.75

Competitive Comparison of Azeus Systems Holdings's Days Payable

For the Information Technology Services subindustry, Azeus Systems 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.


Azeus Systems Holdings's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, Azeus Systems Holdings's Days Payable distribution charts can be found below:

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



Azeus Systems 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.

Azeus Systems 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
=( (0.498 + 0.478) / 2 ) / 12.101*365
=0.488 / 12.101*365
=14.72

Azeus Systems Holdings's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

Days Payable (Q: Sep. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2023 ) + Accounts Payable (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (0.478 + 1.579) / 2 ) / 7.29*365 / 2
=1.0285 / 7.29*365 / 2
=25.75

* 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.


Azeus Systems Holdings Days Payable Related Terms

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Azeus Systems Holdings (SGX:BBW) Business Description

Traded in Other Exchanges
N/A
Address
255 King’s Road, 22th Floor, Olympia Plaza, North Point, Hong Kong, HKG
Azeus Systems Holdings Ltd is made up of a group of companies, which are mainly known as IT solutions providers. It is a global company that operates mainly in Europe, Asia, the Middle East, Australia, North and South America, Africa, and the Caribbean. It operates through two segments, IT Services and Azeus Product. The IT Service segment includes designing and implementing a broad range of IT software and systems, as well as developing and integrating various software programmes of IT systems to fulfill the outsourcing needs of its customers. Its Product includes developing innovative technologies and solutions such as proprietary products known as AzeusCare - an enterprise level social care management system, and Convene - an award-winning Board Portal.