Hup Seng Industries Bhd (XKLS:5024) Days Payable : 59.34 (As of Dec. 2023)

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What is Hup Seng Industries Bhd Days Payable?

Hup Seng Industries Bhd's average Accounts Payable for the three months ended in Dec. 2023 was RM41.8 Mil. Hup Seng Industries Bhd's Cost of Goods Sold for the three months ended in Dec. 2023 was RM64.2 Mil. Hence, Hup Seng Industries Bhd's Days Payable for the three months ended in Dec. 2023 was 59.34.

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

XKLS:5024' s Days Payable Range Over the Past 10 Years
Min: 48.82 Med: 52.4 Max: 106.07
Current: 62.85

During the past 13 years, Hup Seng Industries Bhd's highest Days Payable was 106.07. The lowest was 48.82. And the median was 52.40.

XKLS:5024's Days Payable is ranked better than
66.95% of 1788 companies
in the Consumer Packaged Goods industry
Industry Median: 45.795 vs XKLS:5024: 62.85

Hup Seng Industries Bhd's Days Payable increased from Dec. 2022 (52.66) to Dec. 2023 (59.34). It may suggest that Hup Seng Industries Bhd delayed paying its suppliers.

Hup Seng Industries Bhd Days Payable Historical Data

The historical data trend for Hup Seng Industries 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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Hup Seng Industries Bhd Days Payable Chart

Hup Seng Industries Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

49.59

49.08

54.57

50.81

48.82

Hup Seng Industries 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															52.66	60.40	76.15	70.19	59.34

Competitive Comparison of Hup Seng Industries Bhd's Days Payable

For the Packaged Foods subindustry, Hup Seng Industries 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.

Hup Seng Industries Bhd's Days Payable Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Hup Seng Industries Bhd's Days Payable falls into.

Hup Seng Industries 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.

Hup Seng Industries 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
=	( (33.58	+	32.981)	/	2 )	/	248.814	*	365
=	33.2805					/	248.814	*	365
=	48.82

Hup Seng Industries 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
=	( (50.561	+	32.981)	/	2 )	/	64.229	*	365 / 4
=	41.771					/	64.229	*	365 / 4
=	59.34

Hup Seng Industries Bhd Days Payable Related Terms

Thank you for viewing the detailed overview of Hup Seng Industries Bhd's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Hup Seng Industries Bhd (XKLS:5024) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Hup Seng Industries Bhd (XKLS:5024) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

14 Jalan Kilang, Kawasan Perindustrian, Batu Pahat, Tongkang Pecah, JHR, MYS, 83010

Website

https://www.hsib.com.my

Hup Seng Industries Bhd is engaged in the business of manufacturing biscuits. Principally, it is involved in the production and sale of biscuits and confectionery food items as well as beverages. The company operates through three segments. It's Biscuit manufacturing segment manufacture and sells biscuits. The Beverage segment consists of wholesale of coffee mix and all kinds of foodstuff. It's Trading division segment markets and distributes biscuits, confectionery, and other foodstuffs. The company offers special cream crackers, cookies, cream sandwich biscuits, peanut butter sandwich, and many more.

Hup Seng Industries Bhd (XKLS:5024) Headlines

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