YY Group Holding (YY Group Holding) Days Payable : 10.40 (As of Dec. 2023)

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What is YY Group Holding Days Payable?

YY Group Holding's average Accounts Payable for the six months ended in Dec. 2023 was $0.93 Mil. YY Group Holding's Cost of Goods Sold for the six months ended in Dec. 2023 was $16.25 Mil. Hence, YY Group Holding's Days Payable for the six months ended in Dec. 2023 was 10.40.

The historical rank and industry rank for YY Group Holding's Days Payable or its related term are showing as below:

YYGH' s Days Payable Range Over the Past 10 Years
Min: 9.16 Med: 10.41 Max: 11.43
Current: 10.27

During the past 3 years, YY Group Holding's highest Days Payable was 11.43. The lowest was 9.16. And the median was 10.41.

YYGH's Days Payable is ranked worse than
84.69% of 98 companies
in the Personal Services industry
Industry Median: 29.96 vs YYGH: 10.27

YY Group Holding's Days Payable declined from Dec. 2022 (10.46) to Dec. 2023 (10.40). It may suggest that YY Group Holding accelerated paying its suppliers.

YY Group Holding Days Payable Historical Data

The historical data trend for YY Group Holding'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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YY Group Holding Days Payable Chart

YY Group Holding Annual Data

Trend

Dec21

Dec22

Dec23

Days Payable

11.43

10.41

9.16

YY Group Holding Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	-	10.35	10.46	11.39	10.40

Competitive Comparison of YY Group Holding's Days Payable

For the Personal Services subindustry, YY Group Holding'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.

YY Group Holding's Days Payable Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, YY Group Holding's Days Payable distribution charts can be found below:

* The bar in red indicates where YY Group Holding's Days Payable falls into.

YY Group Holding 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.

YY Group Holding'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
=	( (0.52	+	0.892)	/	2 )	/	28.12	*	365
=	0.706					/	28.12	*	365
=	9.16

YY Group Holding'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
=	( (0.961	+	0.892)	/	2 )	/	16.252	*	365 / 2
=	0.9265					/	16.252	*	365 / 2
=	10.40

YY Group Holding Days Payable Related Terms

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YY Group Holding (YY Group Holding) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » YY Group Holding Ltd (NAS:YYGH) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

60 Paya Lebar Road, 05-43 Paya Lebar Square, Singapore, SGP, 409051

Website

https://www.yygroupholding.com

YY Group Holding Ltd is a data and technology driven company focused on developing enterprise intelligent labor matching services and smart cleaning services founded in Singapore. It provides enterprise manpower outsourcing and smart cleaning services in Singapore and Malaysia. The group has two operating segment, which is cleaning services segment and manpower outsourcing services, Maximum revenue is generated from cleaning services.

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