Asia Brands Bhd (XKLS:7722) Days Payable : 59.57 (As of Dec. 2023)

View and export this data going back to 1997. Start your Free Trial

What is Asia Brands Bhd Days Payable?

Asia Brands Bhd's average Accounts Payable for the three months ended in Dec. 2023 was RM15.1 Mil. Asia Brands Bhd's Cost of Goods Sold for the three months ended in Dec. 2023 was RM23.2 Mil. Hence, Asia Brands Bhd's Days Payable for the three months ended in Dec. 2023 was 59.57.

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

XKLS:7722' s Days Payable Range Over the Past 10 Years
Min: 47.77 Med: 67.01 Max: 91.27
Current: 82.6

During the past 13 years, Asia Brands Bhd's highest Days Payable was 91.27. The lowest was 47.77. And the median was 67.01.

XKLS:7722's Days Payable is ranked better than
67.96% of 1080 companies
in the Retail - Cyclical industry
Industry Median: 56.77 vs XKLS:7722: 82.60

Asia Brands Bhd's Days Payable declined from Dec. 2022 (84.50) to Dec. 2023 (59.57). It may suggest that Asia Brands Bhd accelerated paying its suppliers.

Asia Brands Bhd Days Payable Historical Data

The historical data trend for Asia Brands 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.

Asia Brands Bhd Days Payable Chart

Asia Brands Bhd Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

Get a 7-Day Free Trial

61.64

65.75

68.85

73.40

91.27

Asia Brands 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															84.50	104.29	93.60	78.72	59.57

Competitive Comparison of Asia Brands Bhd's Days Payable

For the Apparel Retail subindustry, Asia Brands 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.

Asia Brands Bhd's Days Payable Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Asia Brands Bhd's Days Payable distribution charts can be found below:

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

Asia Brands 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.

Asia Brands Bhd's Days Payable for the fiscal year that ended in Mar. 2023 is calculated as

	Days Payable (A: Mar. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2022 )	+	Accounts Payable (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (15.225	+	22.626)	/	2 )	/	75.686	*	365
=	18.9255					/	75.686	*	365
=	91.27

Asia Brands 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
=	( (12.702	+	17.538)	/	2 )	/	23.16	*	365 / 4
=	15.12					/	23.16	*	365 / 4
=	59.57

Asia Brands Bhd Days Payable Related Terms

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

Asia Brands Bhd (XKLS:7722) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Asia Brands Bhd (XKLS:7722) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lot 10449, Jalan Nenas, Batu 4.5, Kampung Jawa, Klang, SGR, MYS, 41000

Website

http://www.asiabrands.com.my

Asia Brands Bhd is an investment holding company. The company is engaged in the wholesale, retail, and distribution of ready-made casual wear, baby and children wear, lingerie and ladies' wear, and their related accessories. Geographically, it operates and derives revenue from Malaysia. It has two divisions namely Baby Products and Lingerie Products. It earns maximum revenue from Baby Products Division. Its Brands are Anakku, Disney Baby, First Care, Mini Care, and Hello Kitty.

Asia Brands Bhd (XKLS:7722) Headlines

No Headlines