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MSM International (SGX:5QR) Days Payable : 57.20 (As of Sep. 2023)


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What is MSM International Days Payable?

MSM International's average Accounts Payable for the six months ended in Sep. 2023 was S$2.99 Mil. MSM International's Cost of Goods Sold for the six months ended in Sep. 2023 was S$9.52 Mil. Hence, MSM International's Days Payable for the six months ended in Sep. 2023 was 57.20.

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

SGX:5QR' s Days Payable Range Over the Past 10 Years
Min: 40.25   Med: 67.29   Max: 128.68
Current: 67.79

During the past 13 years, MSM International's highest Days Payable was 128.68. The lowest was 40.25. And the median was 67.29.

SGX:5QR's Days Payable is not ranked
in the Furnishings, Fixtures & Appliances industry.
Industry Median: 69.03 vs SGX:5QR: 67.79

MSM International's Days Payable declined from Sep. 2022 (80.35) to Sep. 2023 (57.20). It may suggest that MSM International accelerated paying its suppliers.


MSM International Days Payable Historical Data

The historical data trend for MSM 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.

* Premium members only.

MSM International Days Payable Chart

MSM International Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Mar19 Mar20 Mar21 Mar22 Mar23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 49.68 40.25 60.90 63.47 71.10

MSM International Semi-Annual Data
Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 67.24 46.71 80.35 78.00 57.20

Competitive Comparison of MSM International's Days Payable

For the Furnishings, Fixtures & Appliances subindustry, MSM 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.


MSM International's Days Payable Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, MSM International's Days Payable distribution charts can be found below:

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



MSM 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.

MSM International's Days Payable for the fiscal year that ended in Mar. 2023 is calculated as

Days Payable (A: Mar. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2022 ) + Accounts Payable (A: Mar. 2023 )) / count ) / Cost of Goods Sold (A: Mar. 2023 )*Days in Period
=( (3.687 + 3.427) / 2 ) / 18.261*365
=3.557 / 18.261*365
=71.10

MSM International's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

Days Payable (Q: Sep. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2023 ) + Accounts Payable (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (3.427 + 2.543) / 2 ) / 9.523*365 / 2
=2.985 / 9.523*365 / 2
=57.20

* 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.


MSM International Days Payable Related Terms

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MSM International (SGX:5QR) Business Description

Traded in Other Exchanges
N/A
Address
Jalan KPB 5, Lot 1909, Kawasan Perindustrian Kampung Baru Balakong, Seri Kembangan, SGR, MYS, 43300
MSM International Ltd is an integrated metal engineering company. The company offers a comprehensive suite of services spanning design, product development, prototyping, tool and die fabrication, production, and assembly. Its business activities are segmented into three segment OEM contract manufacturing; Kitchen appliances, equipment, and related services; and cleanrooms and laboratories. It operates in geographical markets like Malaysia, Vietnam, Singapore, and Indonesia. Most of the revenue is generated from the OEM contract manufacturing segment.

MSM International (SGX:5QR) Headlines

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