Wellspire Holdings Bhd (XKLS:0271) Days Payable : 0.34 (As of Mar. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Wellspire Holdings Bhd Days Payable?

Wellspire Holdings Bhd's average Accounts Payable for the three months ended in Mar. 2024 was RM0.1 Mil. Wellspire Holdings Bhd's Cost of Goods Sold for the three months ended in Mar. 2024 was RM23.3 Mil. Hence, Wellspire Holdings Bhd's Days Payable for the three months ended in Mar. 2024 was 0.34.

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

XKLS:0271' s Days Payable Range Over the Past 10 Years
Min: 0.33 Med: 1.75 Max: 3.26
Current: 1.82

During the past 5 years, Wellspire Holdings Bhd's highest Days Payable was 3.26. The lowest was 0.33. And the median was 1.75.

XKLS:0271's Days Payable is ranked worse than
99.67% of 301 companies
in the Retail - Defensive industry
Industry Median: 43.96 vs XKLS:0271: 1.82

Wellspire Holdings Bhd's Days Payable declined from Mar. 2023 (2.92) to Mar. 2024 (0.34). It may suggest that Wellspire Holdings Bhd accelerated paying its suppliers.

Wellspire Holdings Bhd Days Payable Historical Data

The historical data trend for Wellspire 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.

* Premium members only.

Wellspire Holdings Bhd Days Payable Chart

Wellspire Holdings Bhd Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

0.33

1.75

3.26

1.75

Wellspire Holdings Bhd Quarterly Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial							2.92	-	-	0.30	0.34

Competitive Comparison of Wellspire Holdings Bhd's Days Payable

For the Food Distribution subindustry, Wellspire 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.

Wellspire Holdings Bhd's Days Payable Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Wellspire Holdings Bhd's Days Payable distribution charts can be found below:

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

Wellspire 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.

Wellspire 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
=	( (0.871	+	0.086)	/	2 )	/	99.97	*	365
=	0.4785					/	99.97	*	365
=	1.75

Wellspire Holdings Bhd's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (0.086	+	0)	/	1 )	/	23.313	*	365 / 4
=	0.086					/	23.313	*	365 / 4
=	0.34

Wellspire Holdings Bhd Days Payable Related Terms

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

Wellspire Holdings Bhd (XKLS:0271) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Wellspire Holdings Bhd (XKLS:0271) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

11, Jalan Pinang, Lot D/E, Level 12, Tower 1, Etiqa Twins, Wilayah Persekutuan, Kuala Lumpur, MYS, 50450

Website

https://www.wellspireholdings.com

Wellspire Holdings Bhd is engaged in the distribution and online retailing of consumer packaged foods. The group's snack foods are sourced locally from Thailand and imported from China. The company's distributed product range includes Sunflower seeds, Other seeds and nuts, and Baked and confectionery products. It distributes two third-party brands and three own brands, with a total of 43 SKUs of snack foods.

Wellspire Holdings Bhd (XKLS:0271) Headlines

No Headlines