Luxchem Bhd (XKLS:5143) Days Payable : 23.28 (As of Mar. 2024)

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What is Luxchem Bhd Days Payable?

Luxchem Bhd's average Accounts Payable for the three months ended in Mar. 2024 was RM39.3 Mil. Luxchem Bhd's Cost of Goods Sold for the three months ended in Mar. 2024 was RM154.1 Mil. Hence, Luxchem Bhd's Days Payable for the three months ended in Mar. 2024 was 23.28.

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

XKLS:5143' s Days Payable Range Over the Past 10 Years
Min: 21.02 Med: 29.94 Max: 38.21
Current: 21.02

During the past 13 years, Luxchem Bhd's highest Days Payable was 38.21. The lowest was 21.02. And the median was 29.94.

XKLS:5143's Days Payable is ranked worse than
89.37% of 1505 companies
in the Chemicals industry
Industry Median: 61 vs XKLS:5143: 21.02

Luxchem Bhd's Days Payable increased from Mar. 2023 (20.56) to Mar. 2024 (23.28). It may suggest that Luxchem Bhd delayed paying its suppliers.

Luxchem Bhd Days Payable Historical Data

The historical data trend for Luxchem 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.

* Premium members only.

Luxchem Bhd Days Payable Chart

Luxchem Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

27.77

35.40

35.56

29.87

22.81

Luxchem Bhd Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															20.56	18.05	19.98	21.85	23.28

Competitive Comparison of Luxchem Bhd's Days Payable

For the Chemicals subindustry, Luxchem 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.

Luxchem Bhd's Days Payable Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Luxchem Bhd's Days Payable distribution charts can be found below:

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

Luxchem 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.

Luxchem 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
=	( (32.464	+	36.539)	/	2 )	/	552.146	*	365
=	34.5015					/	552.146	*	365
=	22.81

Luxchem Bhd's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (36.539	+	42.067)	/	2 )	/	154.059	*	365 / 4
=	39.303					/	154.059	*	365 / 4
=	23.28

Luxchem Bhd Days Payable Related Terms

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Luxchem Bhd (XKLS:5143) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Luxchem Corp Bhd (XKLS:5143) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 6 Jalan SS21/58, Damansara Utama, Petaling Jaya, SGR, MYS, 47400

Website

http://www.luxchem.com.my

Luxchem Corp Bhd is a Malaysia based company engaged in the import, export, and distribution of petrochemical and other related products. It operates through two reportable segments namely Trading and Manufacturing. The Trading segment comprises of import, export, and distribution of petrochemical and other related products. The Manufacturing segment engages in the manufacturing and trading of unsaturated polyester resin and related products, and the manufacturing and trading of latex chemical dispersions, latex processing chemicals, and related products for the latex industry. Geographically, the firm has its presence across the region of Malaysia, Vietnam, Indonesia, Thailand, Singapore, Bangladesh, and Australia.

Luxchem Bhd (XKLS:5143) Headlines

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