Sea (SE) Days Payable

: 13.31 (As of Dec. 2023)

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Sea's average Accounts Payable for the three months ended in Dec. 2023 was $305 Mil. Sea's Cost of Goods Sold for the three months ended in Dec. 2023 was $2,092 Mil. Hence, Sea's Days Payable for the three months ended in Dec. 2023 was 13.31.

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

SE' s Days Payable Range Over the Past 10 Years
Min: 8.17 Med: 11.78 Max: 15.63
Current: 13.13

During the past 10 years, Sea's highest Days Payable was 15.63. The lowest was 8.17. And the median was 11.78.

SE's Days Payable is ranked worse than
90.82% of 1078 companies
in the Retail - Cyclical industry
Industry Median: 56.675 vs SE: 13.13

Sea's Days Payable declined from Dec. 2022 (14.26) to Dec. 2023 (13.31). It may suggest that Sea accelerated paying its suppliers.

Sea Days Payable Historical Data

The historical data trend for Sea'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.

Sea Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

12.38

11.52

10.10

11.86

15.18

Sea Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable																14.26	13.23	11.97	11.89	13.31

Competitive Comparison

For the Internet Retail subindustry, Sea'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.

Sea Days Payable Distribution

For the Retail - Cyclical industry and Consumer Cyclical sector, Sea's Days Payable distribution charts can be found below:

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

Sea 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.

Sea'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
=	( (258.648	+	342.547)	/	2 )	/	7229.913	*	365
=	300.5975					/	7229.913	*	365
=	15.18

Sea'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: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (267.852	+	342.547)	/	2 )	/	2091.841	*	365 / 4
=	305.1995					/	2091.841	*	365 / 4
=	13.31

Sea Days Payable Related Terms

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Sea (SE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Sea Ltd (NYSE:SE) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

SE:Mexico 0A3T:UK 931:Germany 931:Germany S2EA34:Brazil

Address

1 Fusionopolis Place, No. 17-10, Galaxis, Singapore, SGP, 138522

Website

https://www.sea.com

Sea operates Southeast Asia's largest e-commerce company, Shopee, in terms of gross merchandise value and number of transactions. Sea started as a gaming business, Garena, but in 2015 expanded into e-commerce, which is now the main growth driver. Shopee is a hybrid C2C and B2C marketplace platform operating in eight core markets. Indonesia accounts for 35% of GMV, with the rest split mainly among Taiwan, Vietnam, Thailand, Malaysia, and the Philippines. For Garena, Free Fire was the most downloaded game in January 2022 and accounted for 74% of gaming revenue in 2021. Sea's third business, SeaMoney, provides mostly credit lending.