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Vertex Technology Acquisition (SGX:VTA) Days Payable : 93.22 (As of Jun. 2024)


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What is Vertex Technology Acquisition Days Payable?

Vertex Technology Acquisition's average Accounts Payable for the six months ended in Jun. 2024 was S$41.04 Mil. Vertex Technology Acquisition's Cost of Goods Sold for the six months ended in Jun. 2024 was S$80.35 Mil. Hence, Vertex Technology Acquisition's Days Payable for the six months ended in Jun. 2024 was 93.22.

The historical rank and industry rank for Vertex Technology Acquisition's Days Payable or its related term are showing as below:

SGX:VTA' s Days Payable Range Over the Past 10 Years
Min: 51.85   Med: 59.67   Max: 82.47
Current: 82.47

During the past 3 years, Vertex Technology Acquisition's highest Days Payable was 82.47. The lowest was 51.85. And the median was 59.67.

SGX:VTA's Days Payable is ranked better than
64.95% of 2545 companies
in the Software industry
Industry Median: 49.25 vs SGX:VTA: 82.47

Vertex Technology Acquisition's Days Payable increased from Jun. 2023 (70.34) to Jun. 2024 (93.22). It may suggest that Vertex Technology Acquisition delayed paying its suppliers.

Vertex Technology Acquisition Days Payable Historical Data

The historical data trend for Vertex Technology Acquisition'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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Vertex Technology Acquisition Days Payable Chart

Vertex Technology Acquisition Annual Data
Trend Dec21 Dec22 Dec23
Days Payable
- 51.85 67.48

Vertex Technology Acquisition Semi-Annual Data
Jun22 Dec22 Jun23 Dec23 Jun24
Days Payable - - 70.34 63.32 93.22

Competitive Comparison of Vertex Technology Acquisition's Days Payable

For the Software - Application subindustry, Vertex Technology Acquisition'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.

Vertex Technology Acquisition's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, Vertex Technology Acquisition's Days Payable distribution charts can be found below:

* The bar in red indicates where Vertex Technology Acquisition's Days Payable falls into.


Vertex Technology Acquisition 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.

Vertex Technology Acquisition'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
=( (45.619 + 35.15) / 2 ) / 218.435*365
=40.3845 / 218.435*365
=67.48

Vertex Technology Acquisition'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
=( (35.15 + 46.938) / 2 ) / 80.353*365 / 2
=41.044 / 80.353*365 / 2
=93.22

* 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.

Vertex Technology Acquisition Days Payable Related Terms

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Vertex Technology Acquisition Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Vertex Technology Acquisition Corp Ltd (SGX:VTA) » Definitions » Days Payable
Comparable Companies
SGX:NTA SGX:PGS PBAJ SVMB SCRM CVII AAC GHIX ALCC AACT DWAC SAGA LSE:ADMR HCVI TRTL CCVI SLAM NETD CXAC NFNT
Traded in Other Exchanges
LVR:Singapore
Address
250 North Bridge Road, No.11-01, Raffles City Tower, Singapore, SGP, 179101
Website
https://www.vertexspac.com
17LIVE Group Ltd Formerly Vertex Technology Acquisition Corp Ltd is a special-purpose investment vehicle intended to provide public market investors with access to a value-creating business at a fast growth stage of its life cycle and at the forefront of technological transformation.