Samudera Shipping Line (SGX:S56) Days Payable : 19.80 (As of Dec. 2023)

View and export this data going back to 1997. Start your Free Trial

What is Samudera Shipping Line Days Payable?

Samudera Shipping Line's average Accounts Payable for the six months ended in Dec. 2023 was S$33.5 Mil. Samudera Shipping Line's Cost of Goods Sold for the six months ended in Dec. 2023 was S$309.1 Mil. Hence, Samudera Shipping Line's Days Payable for the six months ended in Dec. 2023 was 19.80.

The historical rank and industry rank for Samudera Shipping Line's Days Payable or its related term are showing as below:

SGX:S56' s Days Payable Range Over the Past 10 Years
Min: 19.76 Med: 24.5 Max: 28.71
Current: 23.02

During the past 13 years, Samudera Shipping Line's highest Days Payable was 28.71. The lowest was 19.76. And the median was 24.50.

SGX:S56's Days Payable is ranked worse than
76.53% of 929 companies
in the Transportation industry
Industry Median: 38.5 vs SGX:S56: 23.02

Samudera Shipping Line's Days Payable declined from Dec. 2022 (22.03) to Dec. 2023 (19.80). It may suggest that Samudera Shipping Line accelerated paying its suppliers.

Samudera Shipping Line Days Payable Historical Data

The historical data trend for Samudera Shipping Line'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.

Samudera Shipping Line Days Payable Chart

Samudera Shipping Line Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

25.98

24.92

22.75

19.76

24.75

Samudera Shipping Line 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															22.33	22.51	22.03	24.53	19.80

Competitive Comparison of Samudera Shipping Line's Days Payable

For the Marine Shipping subindustry, Samudera Shipping Line'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.

Samudera Shipping Line's Days Payable Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Samudera Shipping Line's Days Payable distribution charts can be found below:

* The bar in red indicates where Samudera Shipping Line's Days Payable falls into.

Samudera Shipping Line 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.

Samudera Shipping Line'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
=	( (53.069	+	32.557)	/	2 )	/	631.404	*	365
=	42.813					/	631.404	*	365
=	24.75

Samudera Shipping Line'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
=	( (34.502	+	32.557)	/	2 )	/	309.068	*	365 / 2
=	33.5295					/	309.068	*	365 / 2
=	19.80

Samudera Shipping Line Days Payable Related Terms

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

Samudera Shipping Line (SGX:S56) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Samudera Shipping Line Ltd (SGX:S56) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

6 Raffles Quay, No. 25-01, Singapore, SGP, 048580

Website

https://www.samudera.id

Samudera Shipping Line Ltd is a cargo transportation company that is engaged in owning and operating ocean-going ships and the provision of containerized feeder shipping services. Its segments include Container Shipping, Bulk and Tanker, Agencies and Logistics. The Container Shipping segment provides feeder services for the transportation of containerized cargo between Singapore as a hub port and other outgoing spoke ports in Asia, as well as inter-region and intra-region container shipping services to end users. The Bulk and Tanker segment provides transportation of special dry bulk, liquid and gas cargo in the international, as well as Indonesian domestic market. It's Agencies and Logistics segment provides agency services, forwarding, warehousing and general logistics services.

Samudera Shipping Line (SGX:S56) Headlines

No Headlines