Kretam Holdings Bhd (XKLS:1996) Days Payable : 16.96 (As of Dec. 2023)

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What is Kretam Holdings Bhd Days Payable?

Kretam Holdings Bhd's average Accounts Payable for the three months ended in Dec. 2023 was RM37.2 Mil. Kretam Holdings Bhd's Cost of Goods Sold for the three months ended in Dec. 2023 was RM200.4 Mil. Hence, Kretam Holdings Bhd's Days Payable for the three months ended in Dec. 2023 was 16.96.

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

XKLS:1996' s Days Payable Range Over the Past 10 Years
Min: 11.39 Med: 17.58 Max: 57.66
Current: 22.39

During the past 13 years, Kretam Holdings Bhd's highest Days Payable was 57.66. The lowest was 11.39. And the median was 17.58.

XKLS:1996's Days Payable is ranked worse than
82.71% of 1787 companies
in the Consumer Packaged Goods industry
Industry Median: 45.77 vs XKLS:1996: 22.39

Kretam Holdings Bhd's Days Payable declined from Dec. 2022 (22.61) to Dec. 2023 (16.96). It may suggest that Kretam Holdings Bhd accelerated paying its suppliers.

Kretam Holdings Bhd Days Payable Historical Data

The historical data trend for Kretam Holdings 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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Kretam Holdings Bhd Days Payable Chart

Kretam Holdings Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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18.10

17.05

13.28

12.37

11.39

Kretam Holdings 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															22.61	25.59	27.51	33.04	16.96

Competitive Comparison of Kretam Holdings Bhd's Days Payable

For the Farm Products subindustry, Kretam Holdings 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.

Kretam Holdings Bhd's Days Payable Distribution in the Consumer Packaged Goods Industry

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

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

Kretam Holdings 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.

Kretam Holdings 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
=	( (21.598	+	20.521)	/	2 )	/	674.728	*	365
=	21.0595					/	674.728	*	365
=	11.39

Kretam Holdings 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
=	( (53.969	+	20.521)	/	2 )	/	200.401	*	365 / 4
=	37.245					/	200.401	*	365 / 4
=	16.96

Kretam Holdings Bhd Days Payable Related Terms

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Kretam Holdings Bhd (XKLS:1996) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Kretam Holdings Bhd (XKLS:1996) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lot 6, Block 44, Leboh Tiga, Sandakan, SBH, MYS, 90000

Website

https://www.kretam.com

Kretam Holdings Bhd is a Sabah-based medium-sized oil palm plantation company. The company operates through two segments namely Plantation and mills and Refinery. Its Plantation and mill segment is involved in the business of cultivation and sale of oil palm products. The Refinery segment which generates majority revenue engages in refining crude palm oil and producing biofuels. Majority of revenue is generated from refinery segment. The company's geographical area of operations includes Malaysia, Singapore, China, India, Italy, Spain, Germany and Netherlands.

Kretam Holdings Bhd (XKLS:1996) Headlines

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