Marco Polo Marine (SGX:5LY) Days Payable : 71.26 (As of Mar. 2024)

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What is Marco Polo Marine Days Payable?

Marco Polo Marine's average Accounts Payable for the six months ended in Mar. 2024 was S$15.4 Mil. Marco Polo Marine's Cost of Goods Sold for the six months ended in Mar. 2024 was S$39.4 Mil. Hence, Marco Polo Marine's Days Payable for the six months ended in Mar. 2024 was 71.26.

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

SGX:5LY' s Days Payable Range Over the Past 10 Years
Min: 57.11 Med: 80.86 Max: 139.42
Current: 67.07

During the past 13 years, Marco Polo Marine's highest Days Payable was 139.42. The lowest was 57.11. And the median was 80.86.

SGX:5LY's Days Payable is ranked better than
72.12% of 929 companies
in the Transportation industry
Industry Median: 38.5 vs SGX:5LY: 67.07

Marco Polo Marine's Days Payable increased from Mar. 2023 (63.77) to Mar. 2024 (71.26). It may suggest that Marco Polo Marine delayed paying its suppliers.

Marco Polo Marine Days Payable Historical Data

The historical data trend for Marco Polo Marine'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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Marco Polo Marine Days Payable Chart

Marco Polo Marine Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Days Payable

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82.83

69.43

57.11

59.82

60.59

Marco Polo Marine Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Days Payable	Get a 7-Day Free Trial															77.95	49.85	63.77	62.98	71.26

Competitive Comparison of Marco Polo Marine's Days Payable

For the Marine Shipping subindustry, Marco Polo Marine'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.

Marco Polo Marine's Days Payable Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Marco Polo Marine's Days Payable distribution charts can be found below:

* The bar in red indicates where Marco Polo Marine's Days Payable falls into.

Marco Polo Marine 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.

Marco Polo Marine's Days Payable for the fiscal year that ended in Sep. 2023 is calculated as

	Days Payable (A: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Sep. 2022 )	+	Accounts Payable (A: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (A: Sep. 2023 )	*	Days in Period
=	( (11.988	+	15.03)	/	2 )	/	81.385	*	365
=	13.509					/	81.385	*	365
=	60.59

Marco Polo Marine's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (15.03	+	15.701)	/	2 )	/	39.35	*	365 / 2
=	15.3655					/	39.35	*	365 / 2
=	71.26

Marco Polo Marine Days Payable Related Terms

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Marco Polo Marine (SGX:5LY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Marco Polo Marine Ltd (SGX:5LY) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

MRPMF:USA

Address

66 Kallang Pudding Road, No.05-01 Hor Kew Business Centre, Singapore, SGP, 349324

Website

https://www.marcopolomarine.com.sg

Marco Polo Marine Ltd is a Singapore-based integrated marine logistics company. It is principally engaged in the shipping and shipyard businesses. The company's business segments include Ship chartering services, which relate to charter hire activities; and Shipbuilding & repair services, which relates to sales of goods, shipbuilding and ship repair activities. It generates maximum revenue from Ship chartering services segment. The company operates internationally and generates the majority of its revenue from its activities in Singapore.

Marco Polo Marine (SGX:5LY) Headlines

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