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BM GreenTech Bhd (XKLS:0168) Days Payable : 65.13 (As of Jun. 2024)


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What is BM GreenTech Bhd Days Payable?

BM GreenTech Bhd's average Accounts Payable for the three months ended in Jun. 2024 was RM50.4 Mil. BM GreenTech Bhd's Cost of Goods Sold for the three months ended in Jun. 2024 was RM70.7 Mil. Hence, BM GreenTech Bhd's Days Payable for the three months ended in Jun. 2024 was 65.13.

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

XKLS:0168' s Days Payable Range Over the Past 10 Years
Min: 48.65   Med: 67.24   Max: 167.98
Current: 53.73

During the past 13 years, BM GreenTech Bhd's highest Days Payable was 167.98. The lowest was 48.65. And the median was 67.24.

XKLS:0168's Days Payable is ranked worse than
66.55% of 2945 companies
in the Industrial Products industry
Industry Median: 75.44 vs XKLS:0168: 53.73

BM GreenTech Bhd's Days Payable increased from Jun. 2023 (59.32) to Jun. 2024 (65.13). It may suggest that BM GreenTech Bhd delayed paying its suppliers.


BM GreenTech Bhd Days Payable Historical Data

The historical data trend for BM GreenTech 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.

BM GreenTech Bhd Days Payable Chart

BM GreenTech Bhd Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 57.94 59.06 48.65 51.57 51.40

BM GreenTech Bhd Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 59.32 48.46 51.72 45.84 65.13

Competitive Comparison of BM GreenTech Bhd's Days Payable

For the Specialty Industrial Machinery subindustry, BM GreenTech 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.


BM GreenTech Bhd's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, BM GreenTech Bhd's Days Payable distribution charts can be found below:

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



BM GreenTech 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.

BM GreenTech Bhd's Days Payable for the fiscal year that ended in Mar. 2024 is calculated as

Days Payable (A: Mar. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2023 ) + Accounts Payable (A: Mar. 2024 )) / count ) / Cost of Goods Sold (A: Mar. 2024 )*Days in Period
=( (55.011 + 43.551) / 2 ) / 349.947*365
=49.281 / 349.947*365
=51.40

BM GreenTech Bhd's Days Payable for the quarter that ended in Jun. 2024 is calculated as:

Days Payable (Q: Jun. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2024 ) + Accounts Payable (Q: Jun. 2024 )) / count ) / Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=( (43.551 + 57.328) / 2 ) / 70.669*365 / 4
=50.4395 / 70.669*365 / 4
=65.13

* 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.


BM GreenTech Bhd Days Payable Related Terms

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BM GreenTech Bhd Business Description

Traded in Other Exchanges
N/A
Address
Lot 875, Jalan Subang 8, Taman Perindustrian Subang, Selangor Darul Ehsan, Subang Jaya, SGR, MYS, 47620
BM GreenTech Bhd is a company based in Malaysia. The company's operating business segments include Bio-Energy, Water Treatment, and Solar Energy. The majority of its revenue is generated from the Bio-Energy segment. This segment is involved in the manufacturing, installation, and technical support of bio-energy systems, which includes the generation of energy from bio-based materials, technical support, and trading of related parts and accessories. Geographically the company generates the majority of its revenue from Malaysia and Indonesia.

BM GreenTech Bhd Headlines

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