Sedania Innovator Bhd (XKLS:0178) Days Payable: 179.65 (As of Jun. 2024)

What is Sedania Innovator Bhd Days Payable?

Sedania Innovator Bhd XKLS:0178 Days Payable is 179.65 as of Jun. 2024.

Sedania Innovator Bhd's average Accounts Payable for the three months ended in Jun. 2024 was RM7.79 Mil. Sedania Innovator Bhd's Cost of Goods Sold for the three months ended in Jun. 2024 was RM3.96 Mil. Hence, Sedania Innovator Bhd's Days Payable for the three months ended in Jun. 2024 was 179.65.

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

XKLS:0178's Days Payable is not ranked ^*
in the Consumer Packaged Goods industry.
Industry Median: 44.14
* Ranked among companies with meaningful Days Payable only.

Sedania Innovator Bhd's Days Payable increased from Mar. 2023 (30.60) to Jun. 2024 (179.65). It may suggest that Sedania Innovator Bhd delayed paying its suppliers.

Sedania Innovator Bhd Days Payable Related Terms

Sedania Innovator Bhd Days Payable Historical Data

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The historical data trend for Sedania Innovator 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.

Sedania Innovator Bhd Days Payable Chart

Sedania Innovator Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Days Payable

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65.96

285.23

94.96

36.81

12.24

Sedania Innovator Bhd Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24	Jun24
Days Payable	Get a 7-Day Free Trial															30.60	52.50	51.19	50.20	179.65

XKLS:0178 vs PG, CL, KMB: Days Payable Comparison

For the Household & Personal Products subindustry, Sedania Innovator 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.

Sedania Innovator Bhd Days Payable vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Sedania Innovator Bhd's Days Payable distribution charts can be found below:

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

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Sedania Innovator 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.

Sedania Innovator Bhd's Days Payable for the fiscal year that ended in Dec. 2021 is calculated as

	Days Payable (A: Dec. 2021 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2020 )	+	Accounts Payable (A: Dec. 2021 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2021 )	*	Days in Period
=	( (1.402	+	0.399)	/	2 )	/	26.845	*	365
=	0.9005					/	26.845	*	365
=	12.24

Sedania Innovator 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
=	( (7.452	+	8.125)	/	2 )	/	3.956	*	365 / 4
=	7.7885					/	3.956	*	365 / 4
=	179.65

Frequently Asked Questions Learn more about Days Payable →

What does a Days Payable of 179.65 mean?

Sedania Innovator Bhd (XKLS:0178) has a Days Payable of 179.65 as of Jun. 2024. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Sedania Innovator Bhd and its competitors.

Is Sedania Innovator Bhd's Days Payable too high?

Sedania Innovator Bhd's current Days Payable is 179.65. The Consumer Packaged Goods industry median Days Payable is 44.14. Sedania Innovator Bhd's value of 179.65 is 307% above this industry median.

How does Sedania Innovator Bhd's Days Payable compare to PG and CL?

Sedania Innovator Bhd's Days Payable of 179.65 can be compared against companies in the Consumer Packaged Goods industry. The industry median Days Payable is 44.14. Sedania Innovator Bhd's value of 179.65 is 307% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Days Payable for a Consumer Packaged Goods company?

The median Days Payable among Consumer Packaged Goods companies is 44.14, based on 1,881 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Sedania Innovator Bhd's current Days Payable of 179.65 is 307% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high Days Payable mean?

A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Sedania Innovator Bhd and its competitors. For the Consumer Packaged Goods industry, the median Days Payable is 44.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sedania Innovator Bhd's current Days Payable is 179.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Sedania Innovator Bhd stock overvalued right now?

Sedania Innovator Bhd (XKLS:0178) has a current Days Payable of 179.65. The current Days Payable is 179.65 and 307% above the Consumer Packaged Goods industry median of 44.14. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Days Payable calculated?

Days Payable is calculated from a company's financial statements. For Sedania Innovator Bhd (XKLS:0178), the current Days Payable is 179.65 as of Jun. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Sedania Innovator Bhd Business Description

Industry Consumer Defensive Consumer Packaged Goods

Comparable Companies XKLS:7149 XKLS:5081 XKLS:5022 XKLS:0333 XKLS:0049 PG XPAR:OR LSE:ULVR CL BOM:500696 KMB KVUE LSE:RKT XTER:HEN3 XTER:BEI CHD EL TSE:4452 OSTO:ESSITY B CLX

Address Jalan SS6/2, Level 7, 10 and 11, Kelana Parkview Tower, Petaling Jaya, SGR, MYS, 47301

Website https://www.sedaniagroup.com

Sedania Innovator Bhd is an investment holding company. Along with its subsidiaries, the company provides energy efficiency and renewable energy solutions, digital and telecommunication solutions, Shariah-compliant banking platforms, and health products. It operates in the following reportable segments: Sustainable fast-moving consumer goods (FMCG), Sustainable Energy, and Sustainable consumer technology. Maximum revenue is generated from its Sustainable FMCG segment, which offers essential, eco-friendly products focused on mother care, healthcare, personal care, household, and baby products designed for health-conscious families. Geographically, the company derives a majority of its revenue from Malaysia and the rest from Europe, Other Asian countries, and other regions.