Green Ocean Bhd (XKLS:0074) Days Payable : 78.92 (As of Dec. 2023)

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What is Green Ocean Bhd Days Payable?

Green Ocean Bhd's average Accounts Payable for the three months ended in Dec. 2023 was RM1.88 Mil. Green Ocean Bhd's Cost of Goods Sold for the three months ended in Dec. 2023 was RM2.17 Mil. Hence, Green Ocean Bhd's Days Payable for the three months ended in Dec. 2023 was 78.92.

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

XKLS:0074' s Days Payable Range Over the Past 10 Years
Min: 1.72 Med: 30.93 Max: 140.73
Current: 120.79

During the past 13 years, Green Ocean Bhd's highest Days Payable was 140.73. The lowest was 1.72. And the median was 30.93.

XKLS:0074's Days Payable is ranked better than
86.35% of 1787 companies
in the Consumer Packaged Goods industry
Industry Median: 45.77 vs XKLS:0074: 120.79

Green Ocean Bhd's Days Payable increased from Jun. 2022 (5.68) to Dec. 2023 (78.92). It may suggest that Green Ocean Bhd delayed paying its suppliers.

Green Ocean Bhd Days Payable Historical Data

The historical data trend for Green Ocean 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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Green Ocean Bhd Days Payable Chart

Green Ocean Bhd Annual Data

Trend

Mar11

Mar12

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Jun21

Days Payable

Get a 7-Day Free Trial

45.05

49.14

20.51

1.72

24.32

Green Ocean Bhd Quarterly Data
	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Dec23
Days Payable	Get a 7-Day Free Trial															5.68	-	-	149.38	78.92

Competitive Comparison of Green Ocean Bhd's Days Payable

For the Farm Products subindustry, Green Ocean 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.

Green Ocean Bhd's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Green Ocean Bhd's Days Payable distribution charts can be found below:

* The bar in red indicates where Green Ocean Bhd's Days Payable falls into.

Green Ocean 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.

Green Ocean Bhd's Days Payable for the fiscal year that ended in Jun. 2021 is calculated as

	Days Payable (A: Jun. 2021 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2019 )	+	Accounts Payable (A: Jun. 2021 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2021 )	*	Days in Period
=	( (2.906	+	1.9)	/	2 )	/	36.072	*	365
=	2.403					/	36.072	*	365
=	24.32

Green Ocean 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: Mar. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (1.876	+	0)	/	1 )	/	2.169	*	365 / 4
=	1.876					/	2.169	*	365 / 4
=	78.92

Green Ocean Bhd Days Payable Related Terms

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Green Ocean Bhd (XKLS:0074) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Green Ocean Corp Bhd (XKLS:0074) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Kapar, Lot 742, 4th Mile, Klang, SGR, MYS, 42100

Website

http://www.greenoceancorp.com

Green Ocean Corp Bhd is an investment holding company. The company through its subsidiaries is involved in palm kernel crushing, refining of palm oil and palm kernel oil, trading of refined palm oil products, and general trading in biotech and renewable energy.

Green Ocean Bhd (XKLS:0074) Headlines

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