OTS Holdings (SGX:OTS) Days Payable : 47.73 (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is OTS Holdings Days Payable?

OTS Holdings's average Accounts Payable for the six months ended in Dec. 2023 was S$3.04 Mil. OTS Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was S$11.61 Mil. Hence, OTS Holdings's Days Payable for the six months ended in Dec. 2023 was 47.73.

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

SGX:OTS' s Days Payable Range Over the Past 10 Years
Min: 47.84 Med: 55.55 Max: 65.74
Current: 54.2

During the past 6 years, OTS Holdings's highest Days Payable was 65.74. The lowest was 47.84. And the median was 55.55.

SGX:OTS's Days Payable is ranked better than
59.37% of 1787 companies
in the Consumer Packaged Goods industry
Industry Median: 45.77 vs SGX:OTS: 54.20

OTS Holdings's Days Payable declined from Dec. 2022 (51.50) to Dec. 2023 (47.73). It may suggest that OTS Holdings accelerated paying its suppliers.

OTS Holdings Days Payable Historical Data

The historical data trend for OTS 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.

OTS Holdings Days Payable Chart

OTS Holdings Annual Data

Trend

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Payable

Get a 7-Day Free Trial

47.84

59.47

65.74

58.31

52.79

OTS Holdings Semi-Annual Data
	Jun18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial						58.71	66.69	51.50	59.91	47.73

Competitive Comparison of OTS Holdings's Days Payable

For the Packaged Foods subindustry, OTS 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.

OTS Holdings's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, OTS Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where OTS Holdings's Days Payable falls into.

OTS 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.

OTS 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
=	( (3.59	+	3.041)	/	2 )	/	22.922	*	365
=	3.3155					/	22.922	*	365
=	52.79

OTS 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
=	( (3.041	+	3.031)	/	2 )	/	11.609	*	365 / 2
=	3.036					/	11.609	*	365 / 2
=	47.73

OTS Holdings Days Payable Related Terms

Thank you for viewing the detailed overview of OTS Holdings's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

OTS Holdings (SGX:OTS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » OTS Holdings Ltd (SGX:OTS) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

30 Senoko South Road, Singapore, SGP, 758088

Website

https://www.ots-holdings.com

OTS Holdings Ltd is a brand builder and food manufacturing group in the consumer industry. It provides ready-to-eat and ready-to-cook meat products through its brands such as Anew, Golden Bridge, Kelly's, Golden Lion and others, with key markets in Singapore and Malaysia. The company has four operating segments that are Modern Trade, General Trade and Food Services and Others.

OTS Holdings (SGX:OTS) Headlines

No Headlines