USP Group (SGX:BRS) Days Payable: 110.27 (As of Dec. 2022)

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What is USP Group Days Payable?

USP Group SGX:BRS Days Payable is 110.27 as of Dec. 2022.

USP Group's average Accounts Payable for the three months ended in Dec. 2022 was S$7.43 Mil. USP Group's Cost of Goods Sold for the three months ended in Dec. 2022 was S$6.15 Mil. Hence, USP Group's Days Payable for the three months ended in Dec. 2022 was 110.27.

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

SGX:BRS's Days Payable is not ranked *
in the Conglomerates industry.
Industry Median: 56.11
* Ranked among companies with meaningful Days Payable only.

USP Group's Days Payable increased from Sep. 2021 (88.04) to Dec. 2022 (110.27). It may suggest that USP Group delayed paying its suppliers.


USP Group Days Payable Historical Data

* Premium members only.

The historical data trend for USP Group'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.

USP Group Days Payable Chart

USP Group Annual Data
Trend Nov11 Nov12 Nov13 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 126.47 35.55 41.44 38.25 24.68

USP Group Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Jun22 Sep22 Dec22
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 88.04 79.04 80.34 91.08 110.27

SGX:BRS vs HON, MMM: Days Payable Comparison

For the Conglomerates subindustry, USP Group'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.


USP Group Days Payable vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, USP Group's Days Payable distribution charts can be found below:

* The bar in red indicates where USP Group's Days Payable falls into.



USP Group 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.

USP Group's Days Payable for the fiscal year that ended in Mar. 2021 is calculated as

Days Payable (A: Mar. 2021 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2020 ) + Accounts Payable (A: Mar. 2021 )) / count ) / Cost of Goods Sold (A: Mar. 2021 )*Days in Period
=( (1.907 + 1.1) / 2 ) / 22.237*365
=1.5035 / 22.237*365
=24.68

USP Group's Days Payable for the quarter that ended in Dec. 2022 is calculated as:

Days Payable (Q: Dec. 2022 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2022 ) + Accounts Payable (Q: Dec. 2022 )) / count ) / Cost of Goods Sold (Q: Dec. 2022 )*Days in Period
=( (7.3 + 7.556) / 2 ) / 6.147*365 / 4
=7.428 / 6.147*365 / 4
=110.27

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 110.27 mean?
USP Group (SGX:BRS) has a Days Payable of 110.27 as of Dec. 2022. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on USP Group and its competitors.
Is USP Group's Days Payable too high?
USP Group's current Days Payable is 110.27. The Conglomerates industry median Days Payable is 56.11. USP Group's value of 110.27 is 96.5% above this industry median.
How does USP Group's Days Payable compare to HON and MMM?
USP Group's Days Payable of 110.27 can be compared against companies in the Conglomerates industry. The industry median Days Payable is 56.11. USP Group's value of 110.27 is 96.5% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Conglomerates company?
The median Days Payable among Conglomerates companies is 56.11, based on 502 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. USP Group's current Days Payable of 110.27 is 96.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on USP Group and its competitors. For the Conglomerates industry, the median Days Payable is 56.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. USP Group's current Days Payable is 110.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is USP Group stock overvalued right now?
USP Group (SGX:BRS) has a current Days Payable of 110.27. The current Days Payable is 110.27 and 96.5% above the Conglomerates industry median of 56.11. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For USP Group (SGX:BRS), the current Days Payable is 110.27 as of Dec. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

USP Group Business Description

Address 7 Temasek Boulevard, No. 29-02A, Singapore, SGP, 038987
USP Group Ltd is an investment holding company. The company operates through the segments of Property investments; Marine distributors and dealerships; Calibration of environmental equipment and others. It generates maximum revenue from the Marine distributors and dealerships segment. The Marine distributors and dealerships segment is a trader of marine equipment and related products. Geographically, it derives a majority of revenue from Malaysia.