Singapore Shipping (SGX:S19) Days Payable : 37.38 (As of Sep. 2023)

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What is Singapore Shipping Days Payable?

Singapore Shipping's average Accounts Payable for the six months ended in Sep. 2023 was S$4.86 Mil. Singapore Shipping's Cost of Goods Sold for the six months ended in Sep. 2023 was S$23.72 Mil. Hence, Singapore Shipping's Days Payable for the six months ended in Sep. 2023 was 37.38.

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

SGX:S19' s Days Payable Range Over the Past 10 Years
Min: 8.19 Med: 11.06 Max: 51.08
Current: 51.08

During the past 13 years, Singapore Shipping's highest Days Payable was 51.08. The lowest was 8.19. And the median was 11.06.

SGX:S19's Days Payable is ranked better than
62.59% of 933 companies
in the Transportation industry
Industry Median: 38.97 vs SGX:S19: 51.08

Singapore Shipping's Days Payable declined from Sep. 2022 (43.54) to Sep. 2023 (37.38). It may suggest that Singapore Shipping accelerated paying its suppliers.

Singapore Shipping Days Payable Historical Data

The historical data trend for Singapore Shipping'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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Singapore Shipping Days Payable Chart

Singapore Shipping Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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8.43

9.61

10.62

9.51

11.73

Singapore Shipping Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Payable	Get a 7-Day Free Trial															43.50	43.98	43.54	45.59	37.38

Competitive Comparison of Singapore Shipping's Days Payable

For the Marine Shipping subindustry, Singapore Shipping'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.

Singapore Shipping's Days Payable Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Singapore Shipping's Days Payable distribution charts can be found below:

* The bar in red indicates where Singapore Shipping's Days Payable falls into.

Singapore Shipping 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.

Singapore Shipping'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
=	( (1.373	+	1.708)	/	2 )	/	47.944	*	365
=	1.5405					/	47.944	*	365
=	11.73

Singapore Shipping'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
=	( (1.708	+	8.008)	/	2 )	/	23.716	*	365 / 2
=	4.858					/	23.716	*	365 / 2
=	37.38

Singapore Shipping Days Payable Related Terms

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Singapore Shipping (SGX:S19) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Singapore Shipping Corp Ltd (SGX:S19) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

W1M:Germany

Address

200 Cantonment Road, No. 09-01 Southpoint, Singapore, SGP, 089763

Website

http://www.singaporeshipping.com.sg

Singapore Shipping Corp Ltd is a shipping company. It operates in two segments: Ship owning segment which includes ship owning and ship management, and Agency and logistics segment that includes shipping agency, terminal operations, warehousing, and logistics services. The company generates most of the revenue from the Ship owning segment. Further, it also operates in geographical segments like Japan, Singapore, and other countries. It generates most of its revenues from Japan.

Singapore Shipping (SGX:S19) Headlines

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