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Wing Tai Holdings (SGX:W05) Days Payable : 123.81 (As of Dec. 2024)


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What is Wing Tai Holdings Days Payable?

Wing Tai Holdings's average Accounts Payable for the six months ended in Dec. 2024 was S$42.4 Mil. Wing Tai Holdings's Cost of Goods Sold for the six months ended in Dec. 2024 was S$62.5 Mil. Hence, Wing Tai Holdings's Days Payable for the six months ended in Dec. 2024 was 123.81.

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

SGX:W05' s Days Payable Range Over the Past 10 Years
Min: 10.88   Med: 33.93   Max: 222.86
Current: 222.86

During the past 13 years, Wing Tai Holdings's highest Days Payable was 222.86. The lowest was 10.88. And the median was 33.93.

SGX:W05's Days Payable is ranked better than
73.21% of 1564 companies
in the Real Estate industry
Industry Median: 95.26 vs SGX:W05: 222.86

Wing Tai Holdings's Days Payable declined from Dec. 2023 (205.81) to Dec. 2024 (123.81). It may suggest that Wing Tai Holdings accelerated paying its suppliers.


Wing Tai Holdings Days Payable Historical Data

The historical data trend for Wing Tai 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.

* Premium members only.

Wing Tai Holdings Days Payable Chart

Wing Tai Holdings Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.18 15.19 10.88 16.67 89.99

Wing Tai Holdings Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 36.00 47.80 205.81 318.26 123.81

Competitive Comparison of Wing Tai Holdings's Days Payable

For the Real Estate - Development subindustry, Wing Tai 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.


Wing Tai Holdings's Days Payable Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Wing Tai Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Wing Tai Holdings's Days Payable falls into.


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Wing Tai 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.

Wing Tai Holdings's Days Payable for the fiscal year that ended in Jun. 2024 is calculated as

Days Payable (A: Jun. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jun. 2023 ) + Accounts Payable (A: Jun. 2024 )) / count ) / Cost of Goods Sold (A: Jun. 2024 )*Days in Period
=( (20.167 + 14.69) / 2 ) / 70.694*365
=17.4285 / 70.694*365
=89.99

Wing Tai Holdings's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

Days Payable (Q: Dec. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2024 ) + Accounts Payable (Q: Dec. 2024 )) / count ) / Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=( (14.69 + 70.166) / 2 ) / 62.542*365 / 2
=42.428 / 62.542*365 / 2
=123.81

* 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.


Wing Tai Holdings Days Payable Related Terms

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Wing Tai Holdings Business Description

Traded in Other Exchanges
N/A
Address
3 Killiney Road, No. 10-01 Winsland House I, Singapore, SGP, 239519
Wing Tai Holdings Ltd is a Singapore-based company that is principally engaged in the real estate business through its subsidiaries. The company's business segments consist of development properties, investment properties, retail, and other operations comprising mainly investing, central management and administrative activities. The company generates over half of its total revenue from sale of development properties, and the rest from sale of goods, rental income, management fees arising from management and maintenance of properties, dividend income, and other. The company has a business presence in Singapore, Malaysia, the People's Republic of China, and Hong Kong, with Singapore contributing the majority of total revenue.

Wing Tai Holdings Headlines

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