K. Seng Seng Bhd (XKLS:5192) Days Payable : 25.21 (As of Dec. 2023)

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What is K. Seng Seng Bhd Days Payable?

K. Seng Seng Bhd's average Accounts Payable for the three months ended in Dec. 2023 was RM23.3 Mil. K. Seng Seng Bhd's Cost of Goods Sold for the three months ended in Dec. 2023 was RM84.4 Mil. Hence, K. Seng Seng Bhd's Days Payable for the three months ended in Dec. 2023 was 25.21.

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

XKLS:5192' s Days Payable Range Over the Past 10 Years
Min: 20.67 Med: 29.08 Max: 44.68
Current: 20.73

During the past 13 years, K. Seng Seng Bhd's highest Days Payable was 44.68. The lowest was 20.67. And the median was 29.08.

XKLS:5192's Days Payable is ranked worse than
77.04% of 588 companies
in the Steel industry
Industry Median: 41.195 vs XKLS:5192: 20.73

K. Seng Seng Bhd's Days Payable increased from Dec. 2022 (17.01) to Dec. 2023 (25.21). It may suggest that K. Seng Seng Bhd delayed paying its suppliers.

K. Seng Seng Bhd Days Payable Historical Data

The historical data trend for K. Seng Seng 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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K. Seng Seng Bhd Days Payable Chart

K. Seng Seng Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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35.74

44.68

33.25

20.67

21.05

K. Seng Seng 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															17.01	13.80	11.22	25.60	25.21

Competitive Comparison of K. Seng Seng Bhd's Days Payable

For the Steel subindustry, K. Seng Seng 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.

K. Seng Seng Bhd's Days Payable Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, K. Seng Seng Bhd's Days Payable distribution charts can be found below:

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

K. Seng Seng 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.

K. Seng Seng 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
=	( (5.701	+	19.778)	/	2 )	/	220.873	*	365
=	12.7395					/	220.873	*	365
=	21.05

K. Seng Seng 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
=	( (26.85	+	19.778)	/	2 )	/	84.387	*	365 / 4
=	23.314					/	84.387	*	365 / 4
=	25.21

K. Seng Seng Bhd Days Payable Related Terms

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K. Seng Seng Bhd (XKLS:5192) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » K. Seng Seng Corp Bhd (XKLS:5192) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lot 3707, Jalan 7/5, Taman Industri Selesa Jaya, Balakong, SGR, MYS, 43300

Website

https://www.kssc.com.my

K. Seng Seng Corp Bhd is an investment holding company. It operates through the segments of Stainless steel and metal-related products; Marine hardware and consumables, Other industrial hardware, Investment holding, and Engineering works. The group has a business presence in Malaysia and other countries. The key revenue is derived from the Stainless Steel and metal-related products segment which involves the manufacture and sales of stainless steel tubes and pipes; and the processing of stainless steel sheets products.

K. Seng Seng Bhd (XKLS:5192) Headlines

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