ST Group Food Industries Holdings (SGX:DRX) Days Payable : 37.33 (As of Dec. 2023)

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What is ST Group Food Industries Holdings Days Payable?

ST Group Food Industries Holdings's average Accounts Payable for the six months ended in Dec. 2023 was S$4.43 Mil. ST Group Food Industries Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was S$21.66 Mil. Hence, ST Group Food Industries Holdings's Days Payable for the six months ended in Dec. 2023 was 37.33.

The historical rank and industry rank for ST Group Food Industries Holdings's Days Payable or its related term are showing as below:

SGX:DRX' s Days Payable Range Over the Past 10 Years
Min: 16.84 Med: 22.11 Max: 47.7
Current: 47.7

During the past 8 years, ST Group Food Industries Holdings's highest Days Payable was 47.70. The lowest was 16.84. And the median was 22.11.

SGX:DRX's Days Payable is ranked better than
64.12% of 340 companies
in the Restaurants industry
Industry Median: 38.19 vs SGX:DRX: 47.70

ST Group Food Industries Holdings's Days Payable declined from Dec. 2022 (42.13) to Dec. 2023 (37.33). It may suggest that ST Group Food Industries Holdings accelerated paying its suppliers.

ST Group Food Industries Holdings Days Payable Historical Data

The historical data trend for ST Group Food Industries 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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ST Group Food Industries Holdings Days Payable Chart

ST Group Food Industries Holdings Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Payable

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22.58

18.53

17.33

21.63

16.84

ST Group Food Industries Holdings Semi-Annual Data
	Jun16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial										61.79	49.96	42.13	42.67	37.33

Competitive Comparison of ST Group Food Industries Holdings's Days Payable

For the Restaurants subindustry, ST Group Food Industries 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.

ST Group Food Industries Holdings's Days Payable Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, ST Group Food Industries Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where ST Group Food Industries Holdings's Days Payable falls into.

ST Group Food Industries 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.

ST Group Food Industries Holdings's Days Payable for the fiscal year that ended in Jun. 2023 is calculated as

	Days Payable (A: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2022 )	+	Accounts Payable (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (1.883	+	1.929)	/	2 )	/	41.305	*	365
=	1.906					/	41.305	*	365
=	16.84

ST Group Food Industries 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
=	( (1.929	+	6.93)	/	2 )	/	21.656	*	365 / 2
=	4.4295					/	21.656	*	365 / 2
=	37.33

ST Group Food Industries Holdings Days Payable Related Terms

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ST Group Food Industries Holdings (SGX:DRX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » ST Group Food Industries Holdings Ltd (SGX:DRX) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

120-130 Turner Street, Port Melbourne, Melbourne, VIC, AUS, 3207

Website

http://www.stgroup.net.au

ST Group Food Industries Holdings Ltd is an investment holding company. The company's operating segment includes Food and beverage retails; Supply chain; Franchise and Others. It generates maximum revenue from the Food and beverage retails segment. The food and beverage retails segment includes operations to all franchise and Group-owned restaurants and stores. Its supply chain segment predominantly includes the manufacturing, procurement and distribution of food, equipment and supplies to restaurants and stores from the group's supply chain center operations in Australia. Geographically, it derives a majority of revenue from Australia and also has a presence in Malaysia; New Zealand, and the United Kingdom.

ST Group Food Industries Holdings (SGX:DRX) Headlines

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