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Tye Soon (SGX:BFU) Days Payable : 50.81 (As of Dec. 2023)


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What is Tye Soon Days Payable?

Tye Soon's average Accounts Payable for the six months ended in Dec. 2023 was S$28.1 Mil. Tye Soon's Cost of Goods Sold for the six months ended in Dec. 2023 was S$100.9 Mil. Hence, Tye Soon's Days Payable for the six months ended in Dec. 2023 was 50.81.

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

SGX:BFU' s Days Payable Range Over the Past 10 Years
Min: 32.74   Med: 48.51   Max: 131.6
Current: 53.56

During the past 13 years, Tye Soon's highest Days Payable was 131.60. The lowest was 32.74. And the median was 48.51.

SGX:BFU's Days Payable is ranked better than
51.05% of 143 companies
in the Industrial Distribution industry
Industry Median: 52.89 vs SGX:BFU: 53.56

Tye Soon's Days Payable increased from Dec. 2022 (47.33) to Dec. 2023 (50.81). It may suggest that Tye Soon delayed paying its suppliers.


Tye Soon Days Payable Historical Data

The historical data trend for Tye Soon'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.

Tye Soon Days Payable Chart

Tye Soon Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 38.08 51.04 42.99 45.98 54.30

Tye Soon 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 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 Premium Member Only Premium Member Only 50.18 34.69 47.33 55.65 50.81

Competitive Comparison of Tye Soon's Days Payable

For the Industrial Distribution subindustry, Tye Soon'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.


Tye Soon's Days Payable Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Tye Soon's Days Payable distribution charts can be found below:

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



Tye Soon 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.

Tye Soon'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
=( (31.191 + 27.852) / 2 ) / 198.434*365
=29.5215 / 198.434*365
=54.30

Tye Soon'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
=( (28.31 + 27.852) / 2 ) / 100.868*365 / 2
=28.081 / 100.868*365 / 2
=50.81

* 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.


Tye Soon Days Payable Related Terms

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Tye Soon (SGX:BFU) Business Description

Traded in Other Exchanges
N/A
Address
3C Toh Guan Road East, Number 02-01, Singapore, SGP, 608832
Tye Soon Ltd is a Singapore based company primarily engaged in import, export, and distribution of automotive parts. The products of the company are electrical and aircon parts, transmission, chassis and body parts, engine parts, brake parts, fuel range, and others. It has operations in Singapore, Malaysia, Thailand, Indonesia, South Korea, and other countries. It generates key revenue from operations in Malaysia. The company's global brands include Genuine Parts; Mercedes-Benz; Hengst and Mann Filter; GMB and others.

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