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SSI Securities (STC:SSI) Days Payable : 178.13 (As of Mar. 2024)


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What is SSI Securities Days Payable?

SSI Securities's average Accounts Payable for the three months ended in Mar. 2024 was ₫822,200 Mil. SSI Securities's Cost of Goods Sold for the three months ended in Mar. 2024 was ₫421,180 Mil. Hence, SSI Securities's Days Payable for the three months ended in Mar. 2024 was 178.13.

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

STC:SSI' s Days Payable Range Over the Past 10 Years
Min: 9.68   Med: 68.57   Max: 164.45
Current: 102.67

During the past 13 years, SSI Securities's highest Days Payable was 164.45. The lowest was 9.68. And the median was 68.57.

STC:SSI's Days Payable is ranked better than
50.38% of 524 companies
in the Capital Markets industry
Industry Median: 98.105 vs STC:SSI: 102.67

SSI Securities's Days Payable increased from Mar. 2023 (86.42) to Mar. 2024 (178.13). It may suggest that SSI Securities delayed paying its suppliers.


SSI Securities Days Payable Historical Data

The historical data trend for SSI Securities'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.

SSI Securities Days Payable Chart

SSI Securities Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.04 72.35 48.55 64.78 154.73

SSI Securities Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 86.42 34.67 51.05 159.36 178.13

Competitive Comparison of SSI Securities's Days Payable

For the Capital Markets subindustry, SSI Securities'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.


SSI Securities's Days Payable Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, SSI Securities's Days Payable distribution charts can be found below:

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



SSI Securities 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.

SSI Securities'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
=( (377062.728 + 1008602.048) / 2 ) / 1634317.028*365
=692832.388 / 1634317.028*365
=154.73

SSI Securities's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

Days Payable (Q: Mar. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2023 ) + Accounts Payable (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (1008602.048 + 635798.914) / 2 ) / 421179.703*365 / 4
=822200.481 / 421179.703*365 / 4
=178.13

* 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.


SSI Securities Days Payable Related Terms

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SSI Securities (STC:SSI) Business Description

Traded in Other Exchanges
N/A
Address
72 Nguyen Hue Street, Ben Nghe Ward, District 1, Hochiminh City, VNM
SSI Securities Corp provides securities services, asset management, and investment banking. Securities services are the core business line of the company with the products and services such as securities brokerage, securities depository and securities investment capital origination aimed at local, foreign retail and individual investors. Its products and services are brokerage services, IPO services, financing services, transaction support, fund management, portfolio management and value-added services, capital raising, debt instrument issuance, M&A, identifying strategic partners to equitization advisory and listing advisory.

SSI Securities (STC:SSI) Headlines

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