Advanced Holdings (SGX:BLZ) Days Payable : 68.68 (As of Dec. 2023)

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What is Advanced Holdings Days Payable?

Advanced Holdings's average Accounts Payable for the six months ended in Dec. 2023 was S$1.88 Mil. Advanced Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was S$5.00 Mil. Hence, Advanced Holdings's Days Payable for the six months ended in Dec. 2023 was 68.68.

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

SGX:BLZ' s Days Payable Range Over the Past 10 Years
Min: 56.99 Med: 77.51 Max: 262.07
Current: 66.8

During the past 13 years, Advanced Holdings's highest Days Payable was 262.07. The lowest was 56.99. And the median was 77.51.

SGX:BLZ's Days Payable is ranked better than
53.28% of 899 companies
in the Oil & Gas industry
Industry Median: 61.11 vs SGX:BLZ: 66.80

Advanced Holdings's Days Payable declined from Dec. 2022 (364.22) to Dec. 2023 (68.68). It may suggest that Advanced Holdings accelerated paying its suppliers.

Advanced Holdings Days Payable Historical Data

The historical data trend for Advanced 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.

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Advanced Holdings Days Payable Chart

Advanced Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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58.99

74.28

262.07

94.77

56.99

Advanced Holdings 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															-	184.74	364.22	77.71	68.68

Competitive Comparison of Advanced Holdings's Days Payable

For the Oil & Gas Equipment & Services subindustry, Advanced 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.

Advanced Holdings's Days Payable Distribution in the Oil & Gas Industry

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

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

Advanced 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.

Advanced Holdings'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
=	( (0.37	+	1.981)	/	2 )	/	7.529	*	365
=	1.1755					/	7.529	*	365
=	56.99

Advanced 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
=	( (1.783	+	1.981)	/	2 )	/	5.001	*	365 / 2
=	1.882					/	5.001	*	365 / 2
=	68.68

Advanced Holdings Days Payable Related Terms

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Advanced Holdings (SGX:BLZ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Advanced Holdings Ltd (SGX:BLZ) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

30 Woodlands Loop, Singapore, SGP, 738319

Website

https://www.advancedholdings.com

Advanced Holdings Ltd is a Singapore based investment holding company. It designs, manufactures, markets and supplies products and solutions to the oil and gas, chemicals and petrochemicals, iron and steel, and other industries. It has two key business divisions: Engineering services and equipment; and Clean Technologies. Geographically, it operates in China, the United States, Kazakhstan, Singapore, Europe, Middle East, Malaysia, Indonesia, and other Asian countries. The company derives most of its revenue from China, followed by the United States and Kazakhstan.

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