Kim Heng (SGX:5G2) Days Payable : 50.05 (As of Dec. 2023)

View and export this data going back to 2014. Start your Free Trial

What is Kim Heng Days Payable?

Kim Heng's average Accounts Payable for the six months ended in Dec. 2023 was S$10.6 Mil. Kim Heng's Cost of Goods Sold for the six months ended in Dec. 2023 was S$38.8 Mil. Hence, Kim Heng's Days Payable for the six months ended in Dec. 2023 was 50.05.

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

SGX:5G2' s Days Payable Range Over the Past 10 Years
Min: 50.1 Med: 70.14 Max: 120.4
Current: 53.03

During the past 12 years, Kim Heng's highest Days Payable was 120.40. The lowest was 50.10. And the median was 70.14.

SGX:5G2's Days Payable is ranked worse than
55.63% of 897 companies
in the Oil & Gas industry
Industry Median: 61.41 vs SGX:5G2: 53.03

Kim Heng's Days Payable declined from Dec. 2022 (73.48) to Dec. 2023 (50.05). It may suggest that Kim Heng accelerated paying its suppliers.

Kim Heng Days Payable Historical Data

The historical data trend for Kim Heng'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.

Kim Heng Days Payable Chart

Kim Heng Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

50.10

73.45

64.96

66.82

59.27

Kim Heng 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															95.04	104.15	73.48	49.73	50.05

Competitive Comparison of Kim Heng's Days Payable

For the Oil & Gas Equipment & Services subindustry, Kim Heng'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.

Kim Heng's Days Payable Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Kim Heng's Days Payable distribution charts can be found below:

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

Kim Heng 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.

Kim Heng'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
=	( (8.576	+	13.65)	/	2 )	/	68.435	*	365
=	11.113					/	68.435	*	365
=	59.27

Kim Heng'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
=	( (7.602	+	13.65)	/	2 )	/	38.75	*	365 / 2
=	10.626					/	38.75	*	365 / 2
=	50.05

Kim Heng Days Payable Related Terms

Thank you for viewing the detailed overview of Kim Heng's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Kim Heng (SGX:5G2) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Kim Heng Ltd (SGX:5G2) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 48 Penjuru Road, Singapore, SGP, 609152

Website

https://www.kimheng.com.sg

Kim Heng Ltd is an integrated offshore and marine value chain service provider. It is engaged in providing services like supply chain management which includes the provision of logistics, general shipping, and crew management, and provision of offshore supply vessels and heavy lift equipment, vessel sales, and newbuild which includes purchase and refurbishment of vessels for onselling, and heavy equipment sale and rental which includes leasing, sale, maintenance, import and export of heavy equipment, and providing equipment and machinery like a crawler, lorry, and mobile cranes. The operating segments are Offshore Rig Services and Supply Chain Management, and Vessel Sales and Newbuilds where offshore rig services contribute the majority of revenue.

Kim Heng (SGX:5G2) Headlines

No Headlines