SPHL (Springview Holdings) Days Payable : 50.29 (As of Jun. 2024)

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What is Springview Holdings Days Payable?

Springview Holdings's average Accounts Payable for the six months ended in Jun. 2024 was $0.74 Mil. Springview Holdings's Cost of Goods Sold for the six months ended in Jun. 2024 was $2.69 Mil. Hence, Springview Holdings's Days Payable for the six months ended in Jun. 2024 was 50.29.

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

SPHL' s Days Payable Range Over the Past 10 Years
Min: 32.14 Med: 61.07 Max: 72.56
Current: 32.14

During the past 2 years, Springview Holdings's highest Days Payable was 72.56. The lowest was 32.14. And the median was 61.07.

SPHL's Days Payable is ranked worse than
52.22% of 90 companies
in the Homebuilding & Construction industry
Industry Median: 33.91 vs SPHL: 32.14

Springview Holdings's Days Payable declined from Jun. 2023 (60.72) to Jun. 2024 (50.29). It may suggest that Springview Holdings accelerated paying its suppliers.

Springview Holdings Days Payable Historical Data

The historical data trend for Springview 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.

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Springview Holdings Days Payable Chart

Springview Holdings Annual Data

Trend

Dec22

Dec23

Days Payable

72.56

49.57

Springview Holdings Semi-Annual Data
	Jun22	Dec22	Jun23	Dec23	Jun24
Days Payable	-	72.39	60.72	28.88	50.29

Competitive Comparison of Springview Holdings's Days Payable

For the Residential Construction subindustry, Springview 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.

Springview Holdings's Days Payable Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Springview Holdings's Days Payable distribution charts can be found below:

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

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Springview 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.

Springview Holdings'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
=	( (0.76	+	1.016)	/	2 )	/	6.539	*	365
=	0.888					/	6.539	*	365
=	49.57

Springview Holdings'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
=	( (1.016	+	0.465)	/	2 )	/	2.687	*	365 / 2
=	0.7405					/	2.687	*	365 / 2
=	50.29

Springview Holdings Days Payable Related Terms

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Springview Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Homebuilding & Construction » Springview Holdings Ltd (NAS:SPHL) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

203 Henderson Road, No.06-01, Henderson Industrial Park, Singapore, SGP, 159546

Website

https://www.springviewggl.com

Springview Holdings Ltd is a company that conducts its operations through its indirect wholly-owned subsidiary which designs and constructs residential and commercial buildings in Singapore. It also provides four main types of works which includes new construction, reconstruction, Additions and Alterations (A&A), and other general contracting services such as renovation and design consultation.

Springview Holdings Headlines

From GuruFocus

Springview Holdings Ltd Announces Pricing of Initial Public Offering

By GlobeNewswire • 10-17-2024

Springview Holdings Ltd Announces Pricing of Initial Public Offering

By Marketwired • 10-17-2024

Springview Holdings Ltd Announces Closing of Initial Public Offering

By Marketwired • 10-17-2024