Artroniq Bhd (XKLS:0038) Days Payable : 82.03 (As of Dec. 2023)

View and export this data going back to 2004. Start your Free Trial

What is Artroniq Bhd Days Payable?

Artroniq Bhd's average Accounts Payable for the three months ended in Dec. 2023 was RM10.76 Mil. Artroniq Bhd's Cost of Goods Sold for the three months ended in Dec. 2023 was RM11.97 Mil. Hence, Artroniq Bhd's Days Payable for the three months ended in Dec. 2023 was 82.03.

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

XKLS:0038' s Days Payable Range Over the Past 10 Years
Min: 2.41 Med: 33.87 Max: 202.84
Current: 202.84

During the past 13 years, Artroniq Bhd's highest Days Payable was 202.84. The lowest was 2.41. And the median was 33.87.

XKLS:0038's Days Payable is ranked better than
90.25% of 2421 companies
in the Hardware industry
Industry Median: 67.71 vs XKLS:0038: 202.84

Artroniq Bhd's Days Payable increased from Jun. 2022 (23.28) to Dec. 2023 (82.03). It may suggest that Artroniq Bhd delayed paying its suppliers.

Artroniq Bhd Days Payable Historical Data

The historical data trend for Artroniq 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.

Artroniq Bhd Days Payable Chart

Artroniq Bhd Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Days Payable

Get a 7-Day Free Trial

32.96

37.08

31.34

8.97

2.41

Artroniq Bhd Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Mar23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															23.28	53.46	538.13	150.81	82.03

Competitive Comparison of Artroniq Bhd's Days Payable

For the Electronics & Computer Distribution subindustry, Artroniq 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.

Artroniq Bhd's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Artroniq Bhd's Days Payable distribution charts can be found below:

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

Artroniq 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.

Artroniq Bhd's Days Payable for the fiscal year that ended in Dec. 2020 is calculated as

	Days Payable (A: Dec. 2020 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2019 )	+	Accounts Payable (A: Dec. 2020 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2020 )	*	Days in Period
=	( (1.426	+	0.726)	/	2 )	/	162.626	*	365
=	1.076					/	162.626	*	365
=	2.41

Artroniq 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
=	( (16.589	+	4.935)	/	2 )	/	11.971	*	365 / 4
=	10.762					/	11.971	*	365 / 4
=	82.03

Artroniq Bhd Days Payable Related Terms

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

Artroniq Bhd (XKLS:0038) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Artroniq Bhd (XKLS:0038) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 12, Jalan Pelukis U1/46B, Kawasan Perindustrian Temasya 18, Glenmarie, Shah Alam, SGR, MYS, 40150

Website

https://www.artroniq.com

Artroniq Bhd is an investment holding company. It operates in five segments: Trading of information and communication technology ('ICT') products; ICT-related services; Finance and investment consultation services; Management services; and Semiconductor. It generates maximum revenue from Trading of ICT products. The company operates in Malaysia, Asia, the Middle East, America, and others.

Artroniq Bhd (XKLS:0038) Headlines

No Headlines