Hong Seng Consolidated Bhd (XKLS:0041PA.PFD) Days Payable : 8.30 (As of Sep. 2024)

View and export this data going back to 2019. Start your Free Trial

What is Hong Seng Consolidated Bhd Days Payable?

Hong Seng Consolidated Bhd's average Accounts Payable for the three months ended in Sep. 2024 was RM1.46 Mil. Hong Seng Consolidated Bhd's Cost of Goods Sold for the three months ended in Sep. 2024 was RM16.00 Mil. Hence, Hong Seng Consolidated Bhd's Days Payable for the three months ended in Sep. 2024 was 8.30.

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

XKLS:0041PA.PFD' s Days Payable Range Over the Past 10 Years
Min: 12.31 Med: 36.09 Max: 113.62
Current: 20.79

During the past 13 years, Hong Seng Consolidated Bhd's highest Days Payable was 113.62. The lowest was 12.31. And the median was 36.09.

XKLS:0041PA.PFD's Days Payable is ranked worse than
90.04% of 492 companies
in the Conglomerates industry
Industry Median: 57.07 vs XKLS:0041PA.PFD: 20.79

Hong Seng Consolidated Bhd's Days Payable declined from Mar. 2023 (65.78) to Sep. 2024 (8.30). It may suggest that Hong Seng Consolidated Bhd accelerated paying its suppliers.

Hong Seng Consolidated Bhd Days Payable Historical Data

The historical data trend for Hong Seng Consolidated 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.

Hong Seng Consolidated Bhd Days Payable Chart

Hong Seng Consolidated Bhd Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Mar19

Mar20

Sep22

Days Payable

Get a 7-Day Free Trial

12.31

13.07

46.01

113.62

15.12

Hong Seng Consolidated Bhd Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Dec23	Jun24	Sep24
Days Payable	Get a 7-Day Free Trial															65.78	287.32	280.14	23.32	8.30

Competitive Comparison of Hong Seng Consolidated Bhd's Days Payable

For the Conglomerates subindustry, Hong Seng Consolidated 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.

Hong Seng Consolidated Bhd's Days Payable Distribution in the Conglomerates Industry

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

* The bar in red indicates where Hong Seng Consolidated Bhd's Days Payable falls into.

Hong Seng Consolidated 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.

Hong Seng Consolidated Bhd's Days Payable for the fiscal year that ended in Sep. 2022 is calculated as

	Days Payable (A: Sep. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2020 )	+	Accounts Payable (A: Sep. 2022 ))	/	count )	/	Cost of Goods Sold (A: Sep. 2022 )	*	Days in Period
=	( (0.405	+	8.911)	/	2 )	/	112.432	*	365
=	4.658					/	112.432	*	365
=	15.12

Hong Seng Consolidated Bhd's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

	Days Payable (Q: Sep. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2024 )	+	Accounts Payable (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (1.89	+	1.021)	/	2 )	/	16.001	*	365 / 4
=	1.4555					/	16.001	*	365 / 4
=	8.30

Hong Seng Consolidated Bhd Days Payable Related Terms

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

Hong Seng Consolidated Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Hong Seng Consolidated Bhd (XKLS:0041PA.PFD) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

0041:Malaysia

Address

C-01-3, Block C Plaza Glomac, No 6, Jalan SS7/19, Kelana Jaya, Petaling Jaya, SGR, MYS, 47301

Website

https://www.hongseng.com.my

Hong Seng Consolidated Bhd is operating as an investment holding company. The company operates in five operating segments. The healthcare segment consists of a medical diagnostic and research laboratory and wholesale of pharmaceutical and medical goods; the Financial services include Moneylending; the Gloves segment consists of Manufacturing and trading of rubber gloves; The Search and advertising segment includes Developer and provider of online presence and advertising solutions and operator of search platforms; publishing business directory journals, and database marketing; The others segment includes, Investment holding, development and provision of software solutions companies, and the others. The majority of the revenue is derived from the healthcare segment.

Hong Seng Consolidated Bhd Headlines

No Headlines