Tuan Sing Holdings (SGX:T24) Days Payable : 164.04 (As of Dec. 2023)

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What is Tuan Sing Holdings Days Payable?

Tuan Sing Holdings's average Accounts Payable for the six months ended in Dec. 2023 was S$102.5 Mil. Tuan Sing Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was S$114.1 Mil. Hence, Tuan Sing Holdings's Days Payable for the six months ended in Dec. 2023 was 164.04.

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

SGX:T24' s Days Payable Range Over the Past 10 Years
Min: 54.71 Med: 172.89 Max: 323.35
Current: 173.57

During the past 13 years, Tuan Sing Holdings's highest Days Payable was 323.35. The lowest was 54.71. And the median was 172.89.

SGX:T24's Days Payable is ranked better than
66.62% of 1579 companies
in the Real Estate industry
Industry Median: 98.03 vs SGX:T24: 173.57

Tuan Sing Holdings's Days Payable declined from Dec. 2022 (246.50) to Dec. 2023 (164.04). It may suggest that Tuan Sing Holdings accelerated paying its suppliers.

Tuan Sing Holdings Days Payable Historical Data

The historical data trend for Tuan Sing 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.

Tuan Sing Holdings Days Payable Chart

Tuan Sing Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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178.70

323.35

248.69

250.00

176.66

Tuan Sing Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial															196.49	242.32	246.50	181.15	164.04

Competitive Comparison of Tuan Sing Holdings's Days Payable

For the Real Estate - Diversified subindustry, Tuan Sing 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.

Tuan Sing Holdings's Days Payable Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Tuan Sing Holdings's Days Payable distribution charts can be found below:

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

Tuan Sing 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.

Tuan Sing Holdings's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (99.874	+	107.03)	/	2 )	/	213.748	*	365
=	103.452					/	213.748	*	365
=	176.66

Tuan Sing 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
=	( (98.023	+	107.03)	/	2 )	/	114.064	*	365 / 2
=	102.5265					/	114.064	*	365 / 2
=	164.04

Tuan Sing Holdings Days Payable Related Terms

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Tuan Sing Holdings (SGX:T24) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Tuan Sing Holdings Ltd (SGX:T24) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

9 Oxley Rise, No.03-02 The Oxley, Singapore, SGP, 238697

Website

https://www.tuansing.com

Tuan Sing Holdings Ltd is a regional investment holding company with interests mainly in real estate investment, real estate development, and hospitality. The operating segments of the group are Real Estate Investment; Real Estate Development; Hospitality; Industrial Services and Other Investments. It derives key revenue from the Real estate development segment which involves the property development and provision of construction management services in Singapore and Indonesia. The group has a business presence in Singapore, Australia, China, Malaysia, and Indonesia.

Tuan Sing Holdings (SGX:T24) Headlines

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