Poh Huat Resources Holdings Bhd (XKLS:7088) Days Payable : 40.72 (As of Jan. 2024)

View and export this data going back to 2000. Start your Free Trial

What is Poh Huat Resources Holdings Bhd Days Payable?

Poh Huat Resources Holdings Bhd's average Accounts Payable for the three months ended in Jan. 2024 was RM46.9 Mil. Poh Huat Resources Holdings Bhd's Cost of Goods Sold for the three months ended in Jan. 2024 was RM105.2 Mil. Hence, Poh Huat Resources Holdings Bhd's Days Payable for the three months ended in Jan. 2024 was 40.72.

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

XKLS:7088' s Days Payable Range Over the Past 10 Years
Min: 24.48 Med: 43.33 Max: 67.27
Current: 43.66

During the past 13 years, Poh Huat Resources Holdings Bhd's highest Days Payable was 67.27. The lowest was 24.48. And the median was 43.33.

XKLS:7088's Days Payable is ranked worse than
70.02% of 407 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 67.15 vs XKLS:7088: 43.66

Poh Huat Resources Holdings Bhd's Days Payable increased from Jan. 2023 (39.10) to Jan. 2024 (40.72). It may suggest that Poh Huat Resources Holdings Bhd delayed paying its suppliers.

Poh Huat Resources Holdings Bhd Days Payable Historical Data

The historical data trend for Poh Huat Resources 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.

* Premium members only.

Poh Huat Resources Holdings Bhd Days Payable Chart

Poh Huat Resources Holdings Bhd Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Days Payable

Get a 7-Day Free Trial

41.26

47.62

45.69

28.75

43.29

Poh Huat Resources Holdings Bhd Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Days Payable	Get a 7-Day Free Trial															39.10	43.23	43.91	46.21	40.72

Competitive Comparison of Poh Huat Resources Holdings Bhd's Days Payable

For the Furnishings, Fixtures & Appliances subindustry, Poh Huat Resources 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.

Poh Huat Resources Holdings Bhd's Days Payable Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Poh Huat Resources Holdings Bhd's Days Payable distribution charts can be found below:

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

Poh Huat Resources 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.

Poh Huat Resources Holdings Bhd's Days Payable for the fiscal year that ended in Oct. 2023 is calculated as

	Days Payable (A: Oct. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Oct. 2022 )	+	Accounts Payable (A: Oct. 2023 ))	/	count )	/	Cost of Goods Sold (A: Oct. 2023 )	*	Days in Period
=	( (42.896	+	40.9)	/	2 )	/	353.285	*	365
=	41.898					/	353.285	*	365
=	43.29

Poh Huat Resources Holdings Bhd's Days Payable for the quarter that ended in Jan. 2024 is calculated as:

	Days Payable (Q: Jan. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Oct. 2023 )	+	Accounts Payable (Q: Jan. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jan. 2024 )	*	Days in Period
=	( (40.9	+	52.96)	/	2 )	/	105.165	*	365 / 4
=	46.93					/	105.165	*	365 / 4
=	40.72

Poh Huat Resources Holdings Bhd Days Payable Related Terms

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

Poh Huat Resources Holdings Bhd (XKLS:7088) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Poh Huat Resources Holdings Bhd (XKLS:7088) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

PLO 1, Jalan Raja, Kawasan Perindustrial Bukit Pasir, Mukim Sungai Raya, Bukit Pasir, Muar, JHR, MYS, 84300

Website

http://www.pohhuat.com

Poh Huat Resources Holdings Bhd is a Malaysia-based investment holding company. The company is engaged in the manufacturing of furniture. It manufactures two types of furniture: office furniture and home furniture. The company under Home furniture segment acts as an original equipment manufacturer for furniture importers/distributors in North America. The office furniture segment comprises mainly the panel-based office suites of various ranges which are manufactured from laminated particle boards and metal parts. The company has a geographical presence in Vietnam and Malaysia.

Poh Huat Resources Holdings Bhd (XKLS:7088) Headlines

No Headlines