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Lincotrade & Associates Holdings (SGX:BFT) Days Payable : 65.06 (As of Dec. 2023)


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What is Lincotrade & Associates Holdings Days Payable?

Lincotrade & Associates Holdings's average Accounts Payable for the six months ended in Dec. 2023 was S$13.61 Mil. Lincotrade & Associates Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was S$38.19 Mil. Hence, Lincotrade & Associates Holdings's Days Payable for the six months ended in Dec. 2023 was 65.06.

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

SGX:BFT' s Days Payable Range Over the Past 10 Years
Min: 59.21   Med: 150.81   Max: 249.71
Current: 86.31

During the past 13 years, Lincotrade & Associates Holdings's highest Days Payable was 249.71. The lowest was 59.21. And the median was 150.81.

SGX:BFT's Days Payable is ranked better than
57.04% of 1604 companies
in the Construction industry
Industry Median: 74.885 vs SGX:BFT: 86.31

Lincotrade & Associates Holdings's Days Payable declined from Dec. 2022 (67.41) to Dec. 2023 (65.06). It may suggest that Lincotrade & Associates Holdings accelerated paying its suppliers.


Lincotrade & Associates Holdings Days Payable Historical Data

The historical data trend for Lincotrade & Associates 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.

* Premium members only.

Lincotrade & Associates Holdings Days Payable Chart

Lincotrade & Associates Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Jun21 Jun22 Jun23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 165.33 - - 91.25 59.21

Lincotrade & Associates Holdings Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 2.17 43.48 67.41 105.12 65.06

Competitive Comparison of Lincotrade & Associates Holdings's Days Payable

For the Engineering & Construction subindustry, Lincotrade & Associates 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.


Lincotrade & Associates Holdings's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, Lincotrade & Associates Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Lincotrade & Associates Holdings's Days Payable falls into.



Lincotrade & Associates 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.

Lincotrade & Associates Holdings's Days Payable for the fiscal year that ended in Jun. 2023 is calculated as

Days Payable (A: Jun. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jun. 2022 ) + Accounts Payable (A: Jun. 2023 )) / count ) / Cost of Goods Sold (A: Jun. 2023 )*Days in Period
=( (8.644 + 11.675) / 2 ) / 62.623*365
=10.1595 / 62.623*365
=59.21

Lincotrade & Associates Holdings'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
=( (11.675 + 15.552) / 2 ) / 38.19*365 / 2
=13.6135 / 38.19*365 / 2
=65.06

* 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.


Lincotrade & Associates Holdings Days Payable Related Terms

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Lincotrade & Associates Holdings (SGX:BFT) Business Description

Traded in Other Exchanges
N/A
Address
39 Sungei Kadut Loop, Singapore, SGP, 729494
Lincotrade & Associates Holdings Ltd specializes in interior fitting out services, additions and alterations ("A&A") works, and other building construction services. Its segments include commercial premises, such as offices, hotels, shopping malls, and food and beverage establishments; residential premises such as condominium developments; and show flats and sales galleries. The company generates the majority of its revenue from commercial premises. Geographically the company operates in Singapore.

Lincotrade & Associates Holdings (SGX:BFT) Headlines

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