AGX Group Bhd (XKLS:0299) Days Payable : 38.00 (As of Dec. 2022)

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What is AGX Group Bhd Days Payable?

AGX Group Bhd's average Accounts Payable for the six months ended in Dec. 2022 was RM19.2 Mil. AGX Group Bhd's Cost of Goods Sold for the six months ended in Dec. 2022 was RM184.0 Mil. Hence, AGX Group Bhd's Days Payable for the six months ended in Dec. 2022 was 19.00.

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

XKLS:0299' s Days Payable Range Over the Past 10 Years
Min: 38 Med: 42.79 Max: 52.4
Current: 38

During the past 3 years, AGX Group Bhd's highest Days Payable was 52.40. The lowest was 38.00. And the median was 42.79.

XKLS:0299's Days Payable is ranked worse than
51.61% of 930 companies
in the Transportation industry
Industry Median: 39.05 vs XKLS:0299: 38.00

AGX Group Bhd's Days Payable declined from Dec. 2020 (52.40) to Dec. 2022 (38.00). It may suggest that AGX Group Bhd accelerated paying its suppliers.

AGX Group Bhd Days Payable Historical Data

The historical data trend for AGX Group 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.

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AGX Group Bhd Days Payable Chart

AGX Group Bhd Annual Data

Trend

Dec20

Dec21

Dec22

Days Payable

52.40

42.79

38.00

AGX Group Bhd Semi-Annual Data
	Dec20	Dec21	Dec22
Days Payable	52.40	42.79	38.00

Competitive Comparison of AGX Group Bhd's Days Payable

For the Integrated Freight & Logistics subindustry, AGX Group 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.

AGX Group Bhd's Days Payable Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, AGX Group Bhd's Days Payable distribution charts can be found below:

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

AGX Group 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.

AGX Group Bhd's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (23.17	+	15.143)	/	2 )	/	184.009	*	365
=	19.1565					/	184.009	*	365
=	38.00

AGX Group Bhd's Days Payable for the quarter that ended in Dec. 2022 is calculated as:

	Days Payable (Q: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2021 )	+	Accounts Payable (Q: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2022 )	*	Days in Period
=	( (23.17	+	15.143)	/	2 )	/	184.009	*	365 / 2
=	19.1565					/	184.009	*	365 / 2
=	19.00

AGX Group Bhd Days Payable Related Terms

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AGX Group Bhd (XKLS:0299) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » AGX Group Bhd (XKLS:0299) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan USJ 10/1A, Unit 1A-C and Unit 2A-C, 2nd Floor, Pusat Perniagaan USJ 10, UEP Subang Jaya, SGR, MYS, 47610

Website

https://www.agxlogistics.com

AGX Group Bhd is a logistics service provider. It is a 3PL service provider that comprises sea and air freight forwarding, aerospace logistics, warehousing and other 3PL, and road freight transportation services. It also provides services to assist senders or receivers in transporting their goods from the point of origin to their final destinations and has services in all the countries and has a physical presence, namely Malaysia, the Philippines, Korea, Myanmar, and Singapore. Its sea and air freight forwarding services are mostly concerned with organizing the transportation of cargo for our customers, starting from the point of origin and ending when the freight is delivered to its final destination. Sea and air freight forwarding services generate maximum revenue for the company.

AGX Group Bhd (XKLS:0299) Headlines

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