Avarga (SGX:U09) Days Payable : 23.61 (As of Dec. 2023)

View and export this data going back to 1980. Start your Free Trial

What is Avarga Days Payable?

Avarga's average Accounts Payable for the six months ended in Dec. 2023 was S$95 Mil. Avarga's Cost of Goods Sold for the six months ended in Dec. 2023 was S$736 Mil. Hence, Avarga's Days Payable for the six months ended in Dec. 2023 was 23.61.

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

SGX:U09' s Days Payable Range Over the Past 10 Years
Min: 6.9 Med: 11.27 Max: 28.52
Current: 19.08

During the past 13 years, Avarga's highest Days Payable was 28.52. The lowest was 6.90. And the median was 11.27.

SGX:U09's Days Payable is ranked worse than
96.53% of 144 companies
in the Industrial Distribution industry
Industry Median: 53.42 vs SGX:U09: 19.08

Avarga's Days Payable declined from Dec. 2022 (24.08) to Dec. 2023 (23.61). It may suggest that Avarga accelerated paying its suppliers.

Avarga Days Payable Historical Data

The historical data trend for Avarga'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.

Avarga Days Payable Chart

Avarga Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

11.98

13.34

10.29

9.24

10.96

Avarga 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															28.09	18.83	24.08	22.68	23.61

Competitive Comparison of Avarga's Days Payable

For the Industrial Distribution subindustry, Avarga'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.

Avarga's Days Payable Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Avarga's Days Payable distribution charts can be found below:

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

Avarga 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.

Avarga'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
=	( (44.833	+	45.264)	/	2 )	/	1500.529	*	365
=	45.0485					/	1500.529	*	365
=	10.96

Avarga'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
=	( (145.174	+	45.264)	/	2 )	/	736.142	*	365 / 2
=	95.219					/	736.142	*	365 / 2
=	23.61

Avarga Days Payable Related Terms

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

Avarga (SGX:U09) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Avarga Ltd (SGX:U09) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 Kim Seng Promenade, No. 13-10 Great World City West Lobby, Singapore, SGP, 237994

Website

https://www.avarga.com.sg

Avarga Ltd is an investment holding company. It provides trading of paper products. It has four reportable operating segments The Paper Mill division manufactures and sells industrial-grade paper products, collect and trades in waste paper products, the Power division operates a 50 MW gas-fired generating plant in Ywama, Myanmar, the Wholesale distribution segment of building products in Canada, United States and overseas and Others which included investment and corporate segment focus on identifying new investment opportunities locally and overseas. It derives revenues from the Wholesale distribution segment. It operates geographically in Singapore, Canada, the United States, Malaysia, and others. The majority of the revenue comes from Canada.

Avarga (SGX:U09) Headlines

No Headlines