Fitters Diversified Bhd (XKLS:9318) Days Payable : 61.99 (As of Dec. 2023)

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What is Fitters Diversified Bhd Days Payable?

Fitters Diversified Bhd's average Accounts Payable for the three months ended in Dec. 2023 was RM45.1 Mil. Fitters Diversified Bhd's Cost of Goods Sold for the three months ended in Dec. 2023 was RM66.3 Mil. Hence, Fitters Diversified Bhd's Days Payable for the three months ended in Dec. 2023 was 61.99.

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

XKLS:9318' s Days Payable Range Over the Past 10 Years
Min: 25.65 Med: 56.33 Max: 79.92
Current: 59.22

During the past 13 years, Fitters Diversified Bhd's highest Days Payable was 79.92. The lowest was 25.65. And the median was 56.33.

XKLS:9318's Days Payable is ranked better than
51.39% of 469 companies
in the Conglomerates industry
Industry Median: 58.29 vs XKLS:9318: 59.22

Fitters Diversified Bhd's Days Payable increased from Dec. 2022 (45.63) to Dec. 2023 (61.99). It may suggest that Fitters Diversified Bhd delayed paying its suppliers.

Fitters Diversified Bhd Days Payable Historical Data

The historical data trend for Fitters Diversified 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.

Fitters Diversified Bhd Days Payable Chart

Fitters Diversified Bhd Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Mar23

Days Payable

Get a 7-Day Free Trial

37.27

45.11

65.06

44.82

25.65

Fitters Diversified Bhd Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															45.63	42.05	68.20	71.49	61.99

Competitive Comparison of Fitters Diversified Bhd's Days Payable

For the Conglomerates subindustry, Fitters Diversified 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.

Fitters Diversified Bhd's Days Payable Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Fitters Diversified Bhd's Days Payable distribution charts can be found below:

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

Fitters Diversified 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.

Fitters Diversified 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: Dec. 2020 )	+	Accounts Payable (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (20.25	+	33.554)	/	2 )	/	382.772	*	365
=	26.902					/	382.772	*	365
=	25.65

Fitters Diversified 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
=	( (46.919	+	43.215)	/	2 )	/	66.334	*	365 / 4
=	45.067					/	66.334	*	365 / 4
=	61.99

Fitters Diversified Bhd Days Payable Related Terms

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Fitters Diversified Bhd (XKLS:9318) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Fitters Diversified Bhd (XKLS:9318) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Number 1, Jalan Tembaga SD 5/2, Bandar Sri Damansara, Wisma FITTERS, Kuala Lumpur, SGR, MYS, 52200

Website

http://www.fittersgroup.com

Fitters Diversified Bhd manufactures and trades safety, firefighting equipment, and industrial products, and installs a Computerised Fire Alarm Monitoring System. Its segments include Fire services; Property development and construction; Renewable and waste-to-energy and green palm oil mill; HYPRO PVC-O pipes manufacturing and distribution and Investment holding. Its geographical segments include Malaysia and Singapore, of which a majority of the revenue is generated within Malaysia.

Fitters Diversified Bhd (XKLS:9318) Headlines

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