Raffles Medical Group (SGX:BSL) Days Payable : 299.10 (As of Jun. 2024)

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What is Raffles Medical Group Days Payable?

Raffles Medical Group's average Accounts Payable for the six months ended in Jun. 2024 was S$212.1 Mil. Raffles Medical Group's Cost of Goods Sold for the six months ended in Jun. 2024 was S$129.4 Mil. Hence, Raffles Medical Group's Days Payable for the six months ended in Jun. 2024 was 299.10.

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

SGX:BSL' s Days Payable Range Over the Past 10 Years
Min: 332.73 Med: 479.09 Max: 566.79
Current: 332.73

During the past 13 years, Raffles Medical Group's highest Days Payable was 566.79. The lowest was 332.73. And the median was 479.09.

SGX:BSL's Days Payable is ranked better than
91.57% of 593 companies
in the Healthcare Providers & Services industry
Industry Median: 57.56 vs SGX:BSL: 332.73

Raffles Medical Group's Days Payable declined from Jun. 2023 (402.59) to Jun. 2024 (299.10). It may suggest that Raffles Medical Group accelerated paying its suppliers.

Raffles Medical Group Days Payable Historical Data

The historical data trend for Raffles Medical 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.

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Raffles Medical Group Days Payable Chart

Raffles Medical Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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492.26

475.71

566.79

430.50

336.74

Raffles Medical Group Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Days Payable	Get a 7-Day Free Trial															539.99	368.65	402.59	355.48	299.10

Competitive Comparison of Raffles Medical Group's Days Payable

For the Medical Care Facilities subindustry, Raffles Medical 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.

Raffles Medical Group's Days Payable Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Raffles Medical Group's Days Payable distribution charts can be found below:

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

Raffles Medical 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.

Raffles Medical Group'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
=	( (208.763	+	210.684)	/	2 )	/	227.321	*	365
=	209.7235					/	227.321	*	365
=	336.74

Raffles Medical Group's Days Payable for the quarter that ended in Jun. 2024 is calculated as:

	Days Payable (Q: Jun. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
=	( (210.684	+	213.476)	/	2 )	/	129.402	*	365 / 2
=	212.08					/	129.402	*	365 / 2
=	299.10

Raffles Medical Group Days Payable Related Terms

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Raffles Medical Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Raffles Medical Group Ltd (SGX:BSL) » Definitions » Days Payable

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Traded in Other Exchanges

RAFLF:USA 02M1:Germany

Address

585 North Bridge Road, No. 11-00, Raffles Hospital, Singapore, SGP, 188770

Website

https://www.rafflesmedicalgroup.com

Raffles Medical Group Ltd is an integrated private healthcare provider in Asia with operations in Singapore, China, Japan, Vietnam, and Cambodia. The company owns and operates a tertiary hospital, a network of medical and dental clinics, insurance services, Japanese and Traditional Chinese Medicine clinics, and a consumer healthcare division. The company's operating segment includes Healthcare services, Hospital Services, Investment Holdings, and Insurance Services. The company generates revenue from contracts with customers, Rental Income, and Insurance revenue.