Straits Trading Co (SGX:S20) Days Payable : 41.30 (As of Dec. 2023)

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What is Straits Trading Co Days Payable?

Straits Trading Co's average Accounts Payable for the six months ended in Dec. 2023 was S$45.5 Mil. Straits Trading Co's Cost of Goods Sold for the six months ended in Dec. 2023 was S$201.0 Mil. Hence, Straits Trading Co's Days Payable for the six months ended in Dec. 2023 was 41.30.

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

SGX:S20' s Days Payable Range Over the Past 10 Years
Min: 6.69 Med: 22.18 Max: 38.6
Current: 38.6

During the past 13 years, Straits Trading Co's highest Days Payable was 38.60. The lowest was 6.69. And the median was 22.18.

SGX:S20's Days Payable is ranked worse than
80.24% of 1068 companies
in the Metals & Mining industry
Industry Median: 131.36 vs SGX:S20: 38.60

Straits Trading Co's Days Payable declined from Dec. 2022 (44.61) to Dec. 2023 (41.30). It may suggest that Straits Trading Co accelerated paying its suppliers.

Straits Trading Co Days Payable Historical Data

The historical data trend for Straits Trading Co'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.

Straits Trading Co Days Payable Chart

Straits Trading Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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15.66

13.94

23.79

22.31

22.87

Straits Trading Co 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															59.38	49.71	44.61	52.78	41.30

Competitive Comparison of Straits Trading Co's Days Payable

For the Other Industrial Metals & Mining subindustry, Straits Trading Co'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.

Straits Trading Co's Days Payable Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Straits Trading Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Straits Trading Co's Days Payable falls into.

Straits Trading Co 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.

Straits Trading Co'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
=	( (25.007	+	20.798)	/	2 )	/	365.579	*	365
=	22.9025					/	365.579	*	365
=	22.87

Straits Trading Co'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
=	( (70.176	+	20.798)	/	2 )	/	201.013	*	365 / 2
=	45.487					/	201.013	*	365 / 2
=	41.30

Straits Trading Co Days Payable Related Terms

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Straits Trading Co (SGX:S20) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Straits Trading Co Ltd (SGX:S20) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

W2F:Germany

Address

1 Wallich Street, No. 15-01, Guoco Tower, Singapore, SGP, 078881

Website

https://www.straitstrading.com.sg

Straits Trading Co Ltd is an investment company. The company operates in four business segments, Resources segment involved in the smelting of tin concentrates and tin bearing materials, the production of various grades of refined tin metal and the sale and delivery of refined tin metal and by-products, as well as investments in other metals and mineral resources. The Real Estate segment comprises s property investment, sales and leasing, property development, as well as property and real estate fund management. Its Hospitality business includes hotel ownership and hotel management under Far East Hospitality Holdings Pte. Ltd. It derives maximum revenue from the Resources segment. Geographically, it derives a majority of revenue from Malaysia.

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