Hiap Hoe (SGX:5JK) Days Payable : 60.96 (As of Dec. 2023)

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What is Hiap Hoe Days Payable?

Hiap Hoe's average Accounts Payable for the six months ended in Dec. 2023 was S$5.7 Mil. Hiap Hoe's Cost of Goods Sold for the six months ended in Dec. 2023 was S$17.1 Mil. Hence, Hiap Hoe's Days Payable for the six months ended in Dec. 2023 was 60.96.

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

SGX:5JK' s Days Payable Range Over the Past 10 Years
Min: 28.9 Med: 46.76 Max: 195.55
Current: 52.1

During the past 13 years, Hiap Hoe's highest Days Payable was 195.55. The lowest was 28.90. And the median was 46.76.

SGX:5JK's Days Payable is ranked worse than
69.41% of 1579 companies
in the Real Estate industry
Industry Median: 98.32 vs SGX:5JK: 52.10

Hiap Hoe's Days Payable increased from Dec. 2022 (47.21) to Dec. 2023 (60.96). It may suggest that Hiap Hoe delayed paying its suppliers.

Hiap Hoe Days Payable Historical Data

The historical data trend for Hiap Hoe'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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Hiap Hoe Days Payable Chart

Hiap Hoe Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

46.76

45.44

28.90

31.41

32.76

Hiap Hoe 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															42.59	49.97	47.21	62.59	60.96

Competitive Comparison of Hiap Hoe's Days Payable

For the Real Estate Services subindustry, Hiap Hoe'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.

Hiap Hoe's Days Payable Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Hiap Hoe's Days Payable distribution charts can be found below:

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

Hiap Hoe 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.

Hiap Hoe'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
=	( (3.179	+	2.928)	/	2 )	/	34.024	*	365
=	3.0535					/	34.024	*	365
=	32.76

Hiap Hoe'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
=	( (8.463	+	2.928)	/	2 )	/	17.052	*	365 / 2
=	5.6955					/	17.052	*	365 / 2
=	60.96

Hiap Hoe Days Payable Related Terms

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Hiap Hoe (SGX:5JK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Hiap Hoe Ltd (SGX:5JK) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

18 Ah Hood Road, No. 13-51, Hiap Hoe Building At Zhongshan Park, Singapore, SGP, 329983

Website

https://www.hiaphoe.com

Hiap Hoe Ltd is a regional real estate group with a diversified portfolio of hospitality, retail, commercial and residential assets. It has six reportable operating segments - Development Properties, Rental, Leisure, Other Investments, Others and Hotel Operations. The Development Properties segment is in the business of acquiring land/property and developing it into residential/industrial/commercial properties for sale. The Rental segment is in the business of renting space. The Leisure segment is in the business of providing leisure and recreational facilities. The Hotel Operations segment is operated under the brand names Ramada Singapore and Days Hotel Singapore. It has operations in Australia, Singapore, and the United Kingdom.

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