Axiata Group Bhd (Axiata Group Bhd) Days Payable : 976.39 (As of Dec. 2023)

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What is Axiata Group Bhd Days Payable?

Axiata Group Bhd's average Accounts Payable for the three months ended in Dec. 2023 was $1,367 Mil. Axiata Group Bhd's Cost of Goods Sold for the three months ended in Dec. 2023 was $128 Mil. Hence, Axiata Group Bhd's Days Payable for the three months ended in Dec. 2023 was 976.39.

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

AXXTF' s Days Payable Range Over the Past 10 Years
Min: 103.63 Med: 256.56 Max: 1105.14
Current: 1105.14

During the past 13 years, Axiata Group Bhd's highest Days Payable was 1105.14. The lowest was 103.63. And the median was 256.56.

AXXTF's Days Payable is ranked better than
97.12% of 347 companies
in the Telecommunication Services industry
Industry Median: 101.41 vs AXXTF: 1105.14

Axiata Group Bhd's Days Payable declined from Dec. 2022 (1,586.64) to Dec. 2023 (976.39). It may suggest that Axiata Group Bhd accelerated paying its suppliers.

Axiata Group Bhd Days Payable Historical Data

The historical data trend for Axiata Group Bhd'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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Axiata Group Bhd Days Payable Chart

Axiata Group Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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337.62

328.50

590.79

702.16

581.12

Axiata Group Bhd Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															1,586.64	1,152.99	1,490.54	1,343.81	976.39

Competitive Comparison of Axiata Group Bhd's Days Payable

For the Telecom Services subindustry, Axiata Group Bhd'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.

Axiata Group Bhd's Days Payable Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Axiata Group Bhd's Days Payable distribution charts can be found below:

* The bar in red indicates where Axiata Group Bhd's Days Payable falls into.

Axiata Group Bhd 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.

Axiata Group Bhd'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
=	( (965.645	+	729.259)	/	2 )	/	532.278	*	365
=	847.452					/	532.278	*	365
=	581.12

Axiata Group Bhd'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: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (2003.864	+	729.259)	/	2 )	/	127.714	*	365 / 4
=	1366.5615					/	127.714	*	365 / 4
=	976.39

Axiata Group Bhd Days Payable Related Terms

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Axiata Group Bhd (Axiata Group Bhd) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Axiata Group Bhd (OTCPK:AXXTF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

6888:Malaysia

Address

Level 5, 9 Jalan Stesen Sentral 5, Axiata Tower, Sentral, Kuala Lumpur, SGR, MYS, 50470

Website

https://www.axiata.com

Axiata Group Bhd is a telecommunications company. The business segments of the company are 1) Mobile segment includes the provision of mobile services and other services such as the provision of interconnect services, sale of devices, pay television transmission services, broadband services and digital business and others. 2) Fixed broadband segment is engaged in the broadband and broadcasting business. 3) Infrastructure segment is engaged in the provision of telecommunication infrastructure and related services. 4) Others comprise investment holding entities, financing entities and other operating companies providing other services including digital business and fibre optic transmission. The company has a presence in Malaysia, Indonesia, Bangladesh, Sri Lanka, Nepal, and Cambodia.

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