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Seatech Ventures (Seatech Ventures) Days Payable : 0.00 (As of Mar. 2024)


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What is Seatech Ventures Days Payable?

Seatech Ventures's average Accounts Payable for the three months ended in Mar. 2024 was $0.32 Mil. Seatech Ventures's Cost of Goods Sold for the three months ended in Mar. 2024 was $0.00 Mil.

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

SEAV' s Days Payable Range Over the Past 10 Years
Min: 77.18   Med: 219.9   Max: 760.82
Current: 760.82

During the past 6 years, Seatech Ventures's highest Days Payable was 760.82. The lowest was 77.18. And the median was 219.90.

SEAV's Days Payable is ranked better than
94.55% of 2531 companies
in the Software industry
Industry Median: 50.13 vs SEAV: 760.82

Seatech Ventures's Days Payable declined from Mar. 2023 (121.14) to Mar. 2024 (0.00). It may suggest that Seatech Ventures accelerated paying its suppliers.


Seatech Ventures Days Payable Historical Data

The historical data trend for Seatech Ventures'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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Seatech Ventures Days Payable Chart

Seatech Ventures Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial - 249.57 190.23 77.18 305.38

Seatech Ventures Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 121.14 318.73 - 418.47 -

Competitive Comparison of Seatech Ventures's Days Payable

For the Information Technology Services subindustry, Seatech Ventures'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.


Seatech Ventures's Days Payable Distribution in the Software Industry

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

* The bar in red indicates where Seatech Ventures's Days Payable falls into.



Seatech Ventures 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.

Seatech Ventures'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
=( (0.096 + 0.324) / 2 ) / 0.251*365
=0.21 / 0.251*365
=305.38

Seatech Ventures's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

Days Payable (Q: Mar. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2023 ) + Accounts Payable (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (0.324 + 0.324) / 2 ) / 0*365 / 4
=0.324 / 0*365 / 4
=N/A

* 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.


Seatech Ventures Days Payable Related Terms

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Seatech Ventures (Seatech Ventures) Business Description

Traded in Other Exchanges
N/A
Address
11-05 & 11-06, Tower A, Avenue 3, Vertical Business Suite, Jalan Kerinchi, Bangsar South, Kuala Lumpur, MYS, 59200
Seatech Ventures Corp is engaged in the business of providing business mentoring services, nurturing and incubation services relating to client businesses and corporate development advisory services to entrepreneurs in the broader technology industry, but with a specific focus on the information and communication technology industry. The services of the company are designed to assist tech-based entrepreneurs in solving ICT industry pain points caused by technical insufficiencies, inappropriate financial modelling and weak strategic positioning.