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SLVFF (Silverlake Axis) Days Payable : 57.54 (As of Jun. 2024)


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What is Silverlake Axis Days Payable?

Silverlake Axis's average Accounts Payable for the six months ended in Jun. 2024 was $13.1 Mil. Silverlake Axis's Cost of Goods Sold for the six months ended in Jun. 2024 was $41.7 Mil. Hence, Silverlake Axis's Days Payable for the six months ended in Jun. 2024 was 57.54.

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

SLVFF' s Days Payable Range Over the Past 10 Years
Min: 17.97   Med: 28.07   Max: 64.69
Current: 47.8

During the past 13 years, Silverlake Axis's highest Days Payable was 64.69. The lowest was 17.97. And the median was 28.07.

SLVFF's Days Payable is ranked worse than
50.85% of 2523 companies
in the Software industry
Industry Median: 48.75 vs SLVFF: 47.80

Silverlake Axis's Days Payable declined from Jun. 2023 (93.31) to Jun. 2024 (57.54). It may suggest that Silverlake Axis accelerated paying its suppliers.


Silverlake Axis Days Payable Historical Data

The historical data trend for Silverlake Axis'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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Silverlake Axis Days Payable Chart

Silverlake Axis 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 32.92 28.96 21.05 25.62 18.01

Silverlake Axis 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 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 50.42 80.90 93.31 69.12 57.54

Competitive Comparison of Silverlake Axis's Days Payable

For the Software - Application subindustry, Silverlake Axis'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.


Silverlake Axis's Days Payable Distribution in the Software Industry

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

* The bar in red indicates where Silverlake Axis's Days Payable falls into.



Silverlake Axis 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.

Silverlake Axis'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
=( (5.186 + 2.64) / 2 ) / 79.289*365
=3.913 / 79.289*365
=18.01

Silverlake Axis'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
=( (23.632 + 2.64) / 2 ) / 41.66*365 / 2
=13.136 / 41.66*365 / 2
=57.54

* 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.


Silverlake Axis Days Payable Related Terms

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Silverlake Axis Business Description

Traded in Other Exchanges
Address
6 Raffles Quay, No. 18-00, Singapore, SGP, 048580
Silverlake Axis Ltd is a provider of software solutions for the banking, insurance, government, retail, and logistics industries. The firm's operations are organized in seven segments: software licensing, software project services, maintenance and enhancement services, sale of software and hardware products, Insurance ecosystem transactions and services, Retail transactions processing, and Others. The firm has operations in Southeast Asia, Northeast Asia, South Asia, the Middle East, the Americas, Africa, and Europe.

Silverlake Axis Headlines