Ocean Sky International (SGX:1B6) Days Payable : 98.26 (As of Dec. 2023)

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What is Ocean Sky International Days Payable?

Ocean Sky International's average Accounts Payable for the six months ended in Dec. 2023 was S$6.73 Mil. Ocean Sky International's Cost of Goods Sold for the six months ended in Dec. 2023 was S$12.50 Mil. Hence, Ocean Sky International's Days Payable for the six months ended in Dec. 2023 was 98.26.

The historical rank and industry rank for Ocean Sky International's Days Payable or its related term are showing as below:

SGX:1B6' s Days Payable Range Over the Past 10 Years
Min: 59.98 Med: 81.51 Max: 455.48
Current: 84.02

During the past 13 years, Ocean Sky International's highest Days Payable was 455.48. The lowest was 59.98. And the median was 81.51.

SGX:1B6's Days Payable is ranked better than
55.27% of 1603 companies
in the Construction industry
Industry Median: 75.21 vs SGX:1B6: 84.02

Ocean Sky International's Days Payable increased from Dec. 2022 (78.01) to Dec. 2023 (98.26). It may suggest that Ocean Sky International delayed paying its suppliers.

Ocean Sky International Days Payable Historical Data

The historical data trend for Ocean Sky International'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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Ocean Sky International Days Payable Chart

Ocean Sky International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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96.47

103.68

81.01

63.07

71.07

Ocean Sky International Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial															97.17	75.70	78.01	83.97	98.26

Competitive Comparison of Ocean Sky International's Days Payable

For the Engineering & Construction subindustry, Ocean Sky International'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.

Ocean Sky International's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, Ocean Sky International's Days Payable distribution charts can be found below:

* The bar in red indicates where Ocean Sky International's Days Payable falls into.

Ocean Sky International 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.

Ocean Sky International'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
=	( (5.422	+	5.227)	/	2 )	/	27.347	*	365
=	5.3245					/	27.347	*	365
=	71.07

Ocean Sky International's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (8.237	+	5.227)	/	2 )	/	12.504	*	365 / 2
=	6.732					/	12.504	*	365 / 2
=	98.26

Ocean Sky International Days Payable Related Terms

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Ocean Sky International (SGX:1B6) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Ocean Sky International Ltd (SGX:1B6) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

O3S1:Germany

Address

29 Tuas South Street 1, Singapore, SGP, 638036

Website

https://www.oceanskyintl.com

Ocean Sky International Ltd is an investment holding company engages in civil engineering, construction, and related services businesses. It operates through the Construction segment, and Property segment. The Construction segment which contributes the majority of revenue involved in the business of building and civil engineering contractors. The property segment is in the business of leasing of properties and developing of properties. The company offers engineering services, such as earthwork, roadwork, drainage work, basement work, and structural works comprising demolition and underground infrastructure works, as well as other general building works.

Ocean Sky International (SGX:1B6) Headlines

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