Ever Glory United Holdings (SGX:ZKX) Days Payable : 61.33 (As of Dec. 2023)

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What is Ever Glory United Holdings Days Payable?

Ever Glory United Holdings's average Accounts Payable for the six months ended in Dec. 2023 was S$6.12 Mil. Ever Glory United Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was S$18.21 Mil. Hence, Ever Glory United Holdings's Days Payable for the six months ended in Dec. 2023 was 61.33.

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

SGX:ZKX' s Days Payable Range Over the Past 10 Years
Min: 33.02 Med: 41.44 Max: 53
Current: 53

During the past 4 years, Ever Glory United Holdings's highest Days Payable was 53.00. The lowest was 33.02. And the median was 41.44.

SGX:ZKX's Days Payable is ranked worse than
68% of 1603 companies
in the Construction industry
Industry Median: 75.22 vs SGX:ZKX: 53.00

Ever Glory United Holdings's Days Payable increased from Dec. 2022 (41.84) to Dec. 2023 (61.33). It may suggest that Ever Glory United Holdings delayed paying its suppliers.

Ever Glory United Holdings Days Payable Historical Data

The historical data trend for Ever Glory United 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.

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Ever Glory United Holdings Days Payable Chart

Ever Glory United Holdings Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Payable

33.02

38.59

44.28

51.26

Ever Glory United Holdings Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial			-	48.57	41.84	46.44	61.33

Competitive Comparison of Ever Glory United Holdings's Days Payable

For the Engineering & Construction subindustry, Ever Glory United 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.

Ever Glory United Holdings's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, Ever Glory United Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Ever Glory United Holdings's Days Payable falls into.

Ever Glory United 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.

Ever Glory United 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
=	( (3.668	+	6.591)	/	2 )	/	36.524	*	365
=	5.1295					/	36.524	*	365
=	51.26

Ever Glory United 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
=	( (5.651	+	6.591)	/	2 )	/	18.213	*	365 / 2
=	6.121					/	18.213	*	365 / 2
=	61.33

Ever Glory United Holdings Days Payable Related Terms

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Ever Glory United Holdings (SGX:ZKX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Ever Glory United Holdings Ltd (SGX:ZKX) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

3 Little Road, No. 03-01 CRF Building, Singapore, SGP, 536982

Website

Ever Glory United Holdings Ltd is a Singapore-based M&E engineering service provider specializing in providing a wide range of M&E engineering services. Its services involve projects in both public and private sectors, such as the development or redevelopment of HDB residential flats, private residential properties, private schools, mixed-use properties, commercial buildings, or industrial buildings. It provides M&E engineering services as either an NSC or a DSC. The company specializes in the following areas of M&E engineering services: ACMV systems; electrical engineering systems; FP systems; PSG systems; and IBS.

Ever Glory United Holdings (SGX:ZKX) Headlines

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