AcroMeta Group (SGX:43F) Days Payable : 196.50 (As of Mar. 2024)

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What is AcroMeta Group Days Payable?

AcroMeta Group's average Accounts Payable for the six months ended in Mar. 2024 was S$20.41 Mil. AcroMeta Group's Cost of Goods Sold for the six months ended in Mar. 2024 was S$18.96 Mil. Hence, AcroMeta Group's Days Payable for the six months ended in Mar. 2024 was 196.50.

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

SGX:43F' s Days Payable Range Over the Past 10 Years
Min: 58.68 Med: 101.57 Max: 188.47
Current: 162.84

During the past 11 years, AcroMeta Group's highest Days Payable was 188.47. The lowest was 58.68. And the median was 101.57.

SGX:43F's Days Payable is ranked better than
78.35% of 1603 companies
in the Construction industry
Industry Median: 75.21 vs SGX:43F: 162.84

AcroMeta Group's Days Payable increased from Mar. 2023 (104.86) to Mar. 2024 (196.50). It may suggest that AcroMeta Group delayed paying its suppliers.

AcroMeta Group Days Payable Historical Data

The historical data trend for AcroMeta Group'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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AcroMeta Group Days Payable Chart

AcroMeta Group Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Days Payable

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85.89

104.23

105.60

98.91

123.42

AcroMeta Group Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Days Payable	Get a 7-Day Free Trial															119.62	96.28	104.86	137.32	196.50

Competitive Comparison of AcroMeta Group's Days Payable

For the Engineering & Construction subindustry, AcroMeta Group'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.

AcroMeta Group's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, AcroMeta Group's Days Payable distribution charts can be found below:

* The bar in red indicates where AcroMeta Group's Days Payable falls into.

AcroMeta Group 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.

AcroMeta Group's Days Payable for the fiscal year that ended in Sep. 2023 is calculated as

	Days Payable (A: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Sep. 2022 )	+	Accounts Payable (A: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (A: Sep. 2023 )	*	Days in Period
=	( (19.464	+	19.63)	/	2 )	/	57.807	*	365
=	19.547					/	57.807	*	365
=	123.42

AcroMeta Group'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: Sep. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (19.63	+	21.195)	/	2 )	/	18.958	*	365 / 2
=	20.4125					/	18.958	*	365 / 2
=	196.50

AcroMeta Group Days Payable Related Terms

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AcroMeta Group (SGX:43F) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » AcroMeta Group Ltd (SGX:43F) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

4 Kaki Bukit Avenue 1, No. 04-04, Kaki Bukit Industrial Estate, Singapore, SGP, 417939

Website

https://www.acromec.com

AcroMeta Group Ltd is a specialist engineering services provider in the field of controlled environments. Its reportable segments are Engineering, Procurement and Construction; Maintenance; Renewable energy. and Co-working laboratory space segment. The company generates maximum revenue from the Engineering, Procurement and Construction segment that provides engineering, procurement and construction services, specializing in architectural, mechanical, electrical and process works within controlled environment.

AcroMeta Group (SGX:43F) Headlines

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