Sarine Technologies (SGX:U77) Days Payable : 54.44 (As of Dec. 2023)

View and export this data going back to 2005. Start your Free Trial

What is Sarine Technologies Days Payable?

Sarine Technologies's average Accounts Payable for the six months ended in Dec. 2023 was S$3.22 Mil. Sarine Technologies's Cost of Goods Sold for the six months ended in Dec. 2023 was S$10.79 Mil. Hence, Sarine Technologies's Days Payable for the six months ended in Dec. 2023 was 54.44.

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

SGX:U77' s Days Payable Range Over the Past 10 Years
Min: 37.05 Med: 53.33 Max: 76.76
Current: 62.97

During the past 13 years, Sarine Technologies's highest Days Payable was 76.76. The lowest was 37.05. And the median was 53.33.

SGX:U77's Days Payable is ranked worse than
54.77% of 2421 companies
in the Hardware industry
Industry Median: 67.89 vs SGX:U77: 62.97

Sarine Technologies's Days Payable declined from Dec. 2022 (60.30) to Dec. 2023 (54.44). It may suggest that Sarine Technologies accelerated paying its suppliers.

Sarine Technologies Days Payable Historical Data

The historical data trend for Sarine Technologies'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.

* Premium members only.

Sarine Technologies Days Payable Chart

Sarine Technologies Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

52.54

76.76

46.50

55.98

59.16

Sarine Technologies 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															78.40	51.98	60.30	76.38	54.44

Competitive Comparison of Sarine Technologies's Days Payable

For the Scientific & Technical Instruments subindustry, Sarine Technologies'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.

Sarine Technologies's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Sarine Technologies's Days Payable distribution charts can be found below:

* The bar in red indicates where Sarine Technologies's Days Payable falls into.

Sarine Technologies 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.

Sarine Technologies'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
=	( (4.353	+	2.372)	/	2 )	/	20.745	*	365
=	3.3625					/	20.745	*	365
=	59.16

Sarine Technologies'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
=	( (4.067	+	2.372)	/	2 )	/	10.792	*	365 / 2
=	3.2195					/	10.792	*	365 / 2
=	54.44

Sarine Technologies Days Payable Related Terms

Thank you for viewing the detailed overview of Sarine Technologies's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Sarine Technologies (SGX:U77) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Sarine Technologies Ltd (SGX:U77) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

SARN:Israel

Address

4 Haharash Street, Hod Hasharon, ISR, 4524075

Website

http://www.sarine.com

Sarine Technologies Ltd is a company engaged in the development and manufacturing of advanced evaluation, planning, processing, and finishing systems for diamond and gemstone production. The company's products provide solutions for every stage of the rough diamond manufacturing process from geometrical modelling and internal inclusion mapping of the rough stone, through determining the derivable polished gems, based on true dollar value. Sarine has operations in India, Africa, Europe, North America, Israel, the other countries, out of which the majority of the revenue is generated from India.

Sarine Technologies (SGX:U77) Headlines

No Headlines