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Taka Jewellery Holdings (SGX:42L) Days Payable : 63.75 (As of Dec. 2023)


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What is Taka Jewellery Holdings Days Payable?

Taka Jewellery Holdings's average Accounts Payable for the six months ended in Dec. 2023 was S$17.5 Mil. Taka Jewellery Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was S$50.2 Mil. Hence, Taka Jewellery Holdings's Days Payable for the six months ended in Dec. 2023 was 63.75.

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

SGX:42L' s Days Payable Range Over the Past 10 Years
Min: 63.26   Med: 140.83   Max: 213.21
Current: 63.26

During the past 9 years, Taka Jewellery Holdings's highest Days Payable was 213.21. The lowest was 63.26. And the median was 140.83.

SGX:42L's Days Payable is ranked better than
55.64% of 1082 companies
in the Retail - Cyclical industry
Industry Median: 55.735 vs SGX:42L: 63.26

Taka Jewellery Holdings's Days Payable declined from Dec. 2022 (66.93) to Dec. 2023 (63.75). It may suggest that Taka Jewellery Holdings accelerated paying its suppliers.


Taka Jewellery Holdings Days Payable Historical Data

The historical data trend for Taka Jewellery 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.

* Premium members only.

Taka Jewellery Holdings Days Payable Chart

Taka Jewellery Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Jun20 Jun21 Jun22 Jun23
Days Payable
Get a 7-Day Free Trial Premium Member Only 129.80 - 120.28 94.09 65.90

Taka Jewellery Holdings Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 103.05 76.31 66.93 64.70 63.75

Competitive Comparison of Taka Jewellery Holdings's Days Payable

For the Luxury Goods subindustry, Taka Jewellery 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.


Taka Jewellery Holdings's Days Payable Distribution in the Retail - Cyclical Industry

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

* The bar in red indicates where Taka Jewellery Holdings's Days Payable falls into.



Taka Jewellery 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.

Taka Jewellery 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
=( (18.395 + 19.013) / 2 ) / 103.589*365
=18.704 / 103.589*365
=65.90

Taka Jewellery 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
=( (19.013 + 16.083) / 2 ) / 50.237*365 / 2
=17.548 / 50.237*365 / 2
=63.75

* 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.


Taka Jewellery Holdings Days Payable Related Terms

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Taka Jewellery Holdings (SGX:42L) Business Description

Traded in Other Exchanges
N/A
Address
3 Kaki Bukit Place, Eunos Techpark, Singapore, SGP, 416181
Taka Jewellery Holdings Ltd is involved in the design, manufacturing and sale of jewellery in Singapore under the Taka Jewellery brand as well as on a wholesale basis to the markets through active participation in international jewellery exhibitions. The company's segment includes Wholesale and Exhibitions; Retail and Financial Services. It generates maximum revenue from the Retail segment. The Retail segment relates to the sale of jewellery to customers at retail outlets, promotional events and headquarters.

Taka Jewellery Holdings (SGX:42L) Headlines

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