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Global Invacom Group (SGX:QS9) Days Payable : 86.06 (As of Jun. 2023)


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What is Global Invacom Group Days Payable?

Global Invacom Group's average Accounts Payable for the six months ended in Jun. 2023 was S$14.62 Mil. Global Invacom Group's Cost of Goods Sold for the six months ended in Jun. 2023 was S$31.00 Mil. Hence, Global Invacom Group's Days Payable for the six months ended in Jun. 2023 was 86.06.

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

SGX:QS9' s Days Payable Range Over the Past 10 Years
Min: 53.52   Med: 59.31   Max: 79.21
Current: 79.21

During the past 13 years, Global Invacom Group's highest Days Payable was 79.21. The lowest was 53.52. And the median was 59.31.

SGX:QS9's Days Payable is ranked better than
58.82% of 2421 companies
in the Hardware industry
Industry Median: 67.89 vs SGX:QS9: 79.21

Global Invacom Group's Days Payable increased from Jun. 2022 (80.01) to Jun. 2023 (86.06). It may suggest that Global Invacom Group delayed paying its suppliers.


Global Invacom Group Days Payable Historical Data

The historical data trend for Global Invacom 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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Global Invacom Group Days Payable Chart

Global Invacom Group Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 58.96 53.68 60.51 73.85 75.67

Global Invacom Group Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 67.21 66.59 80.01 69.71 86.06

Competitive Comparison of Global Invacom Group's Days Payable

For the Communication Equipment subindustry, Global Invacom 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.


Global Invacom Group's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Global Invacom Group's Days Payable distribution charts can be found below:

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



Global Invacom 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.

Global Invacom Group's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

Days Payable (A: Dec. 2022 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2021 ) + Accounts Payable (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (19.741 + 13.526) / 2 ) / 80.235*365
=16.6335 / 80.235*365
=75.67

Global Invacom Group's Days Payable for the quarter that ended in Jun. 2023 is calculated as:

Days Payable (Q: Jun. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2022 ) + Accounts Payable (Q: Jun. 2023 )) / count ) / Cost of Goods Sold (Q: Jun. 2023 )*Days in Period
=( (13.526 + 15.713) / 2 ) / 31.004*365 / 2
=14.6195 / 31.004*365 / 2
=86.06

* 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.


Global Invacom Group Days Payable Related Terms

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Global Invacom Group (SGX:QS9) Business Description

Traded in Other Exchanges
N/A
Address
7 Temasek Boulevard, Level 32, Suntec Tower One, Singapore, SGP, 038987
Global Invacom Group Ltd is a fully integrated satellite communications equipment provider. The company develops, manufactures, and supplies satellite and TV peripheral equipment to the direct broadcast satellite and VSAT markets. The business of the group is organized into the following product segments: Satellite Communications and Contract Manufacturing. The Satellite Communications segment, which is the key revenue driver, is engaged in the development, design, and manufacture of products for the satellite ground equipment market. It has geographical operations in Asia, America, Europe, and the Rest of the World.

Global Invacom Group (SGX:QS9) Headlines

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