Lotte Chemical Titan Holdings Bhd (XKLS:5284) Days Payable : 45.02 (As of Dec. 2023)

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What is Lotte Chemical Titan Holdings Bhd Days Payable?

Lotte Chemical Titan Holdings Bhd's average Accounts Payable for the three months ended in Dec. 2023 was RM1,001 Mil. Lotte Chemical Titan Holdings Bhd's Cost of Goods Sold for the three months ended in Dec. 2023 was RM2,029 Mil. Hence, Lotte Chemical Titan Holdings Bhd's Days Payable for the three months ended in Dec. 2023 was 45.02.

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

XKLS:5284' s Days Payable Range Over the Past 10 Years
Min: 18.13 Med: 23.65 Max: 44.54
Current: 44.54

During the past 10 years, Lotte Chemical Titan Holdings Bhd's highest Days Payable was 44.54. The lowest was 18.13. And the median was 23.65.

XKLS:5284's Days Payable is ranked worse than
66.51% of 1505 companies
in the Chemicals industry
Industry Median: 61 vs XKLS:5284: 44.54

Lotte Chemical Titan Holdings Bhd's Days Payable increased from Dec. 2022 (27.59) to Dec. 2023 (45.02). It may suggest that Lotte Chemical Titan Holdings Bhd delayed paying its suppliers.

Lotte Chemical Titan Holdings Bhd Days Payable Historical Data

The historical data trend for Lotte Chemical Titan 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.

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Lotte Chemical Titan Holdings Bhd Days Payable Chart

Lotte Chemical Titan Holdings Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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24.41

29.68

23.85

18.17

18.13

Lotte Chemical Titan Holdings 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															27.59	36.21	54.22	70.71	45.02

Competitive Comparison of Lotte Chemical Titan Holdings Bhd's Days Payable

For the Chemicals subindustry, Lotte Chemical Titan 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.

Lotte Chemical Titan Holdings Bhd's Days Payable Distribution in the Chemicals Industry

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

* The bar in red indicates where Lotte Chemical Titan Holdings Bhd's Days Payable falls into.

Lotte Chemical Titan 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.

Lotte Chemical Titan Holdings 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
=	( (482.735	+	339.925)	/	2 )	/	8283.002	*	365
=	411.33					/	8283.002	*	365
=	18.13

Lotte Chemical Titan Holdings 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
=	( (1662.338	+	339.925)	/	2 )	/	2029.129	*	365 / 4
=	1001.1315					/	2029.129	*	365 / 4
=	45.02

Lotte Chemical Titan Holdings Bhd Days Payable Related Terms

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Lotte Chemical Titan Holdings Bhd (XKLS:5284) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Lotte Chemical Titan Holdings Bhd (XKLS:5284) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

PLO 312, Jalan Tembaga 4, Pasir Gudang Industrial Estate, Pasir Gudang, JHR, MYS, 81700

Website

https://www.lottechem.my

Lotte Chemical Titan Holdings Bhd is a petrochemical producer. Its products include polyolefins, comprising polyethylene and polypropylene and olefins comprising ethylene and propylene and other derivatives such as butadiene, TBA(Tertiary Butyl Alcohol), benzene, and toluene. The company's reportable segments are Olefins and derivative products and Polyolefin products. Geographically the company operates in Malaysia, Indonesia, China (including Hong Kong), Southeast Asia, Northeast Asia, the Indian Sub-Continent, and Others.

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