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Astramina Group Bhd (XKLS:03032) Days Payable : 38.39 (As of Aug. 2023)


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What is Astramina Group Bhd Days Payable?

Astramina Group Bhd's average Accounts Payable for the six months ended in Aug. 2023 was RM1.22 Mil. Astramina Group Bhd's Cost of Goods Sold for the six months ended in Aug. 2023 was RM5.80 Mil. Hence, Astramina Group Bhd's Days Payable for the six months ended in Aug. 2023 was 38.39.

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

XKLS:03032' s Days Payable Range Over the Past 10 Years
Min: 38.91   Med: 53.28   Max: 68.16
Current: 41.21

During the past 6 years, Astramina Group Bhd's highest Days Payable was 68.16. The lowest was 38.91. And the median was 53.28.

XKLS:03032's Days Payable is not ranked
in the Consumer Packaged Goods industry.
Industry Median: 46.18 vs XKLS:03032: 41.21

Astramina Group Bhd's Days Payable declined from Aug. 2022 (53.33) to Aug. 2023 (38.39). It may suggest that Astramina Group Bhd accelerated paying its suppliers.


Astramina Group Bhd Days Payable Historical Data

The historical data trend for Astramina 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.

* Premium members only.

Astramina Group Bhd Days Payable Chart

Astramina Group Bhd Annual Data
Trend Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Days Payable
Get a 7-Day Free Trial 52.81 - 38.91 68.16 53.28

Astramina Group Bhd Semi-Annual Data
Feb18 Aug18 Feb19 Aug19 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 57.71 66.31 53.33 34.96 38.39

Competitive Comparison of Astramina Group Bhd's Days Payable

For the Packaged Foods subindustry, Astramina 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.


Astramina Group Bhd's Days Payable Distribution in the Consumer Packaged Goods Industry

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

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



Astramina 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.

Astramina Group Bhd's Days Payable for the fiscal year that ended in Feb. 2023 is calculated as

Days Payable (A: Feb. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Feb. 2022 ) + Accounts Payable (A: Feb. 2023 )) / count ) / Cost of Goods Sold (A: Feb. 2023 )*Days in Period
=( (2.357 + 0.678) / 2 ) / 10.396*365
=1.5175 / 10.396*365
=53.28

Astramina Group Bhd's Days Payable for the quarter that ended in Aug. 2023 is calculated as:

Days Payable (Q: Aug. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Feb. 2023 ) + Accounts Payable (Q: Aug. 2023 )) / count ) / Cost of Goods Sold (Q: Aug. 2023 )*Days in Period
=( (0.678 + 1.762) / 2 ) / 5.799*365 / 2
=1.22 / 5.799*365 / 2
=38.39

* 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.


Astramina Group Bhd Days Payable Related Terms

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Astramina Group Bhd (XKLS:03032) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
No. 102, Jalan Metro Perdana Barat 13, Sri Edaran Industrial Park, Off Jalan Kepong, Kuala Lumpur, MYS, 52100
Astramina Group Bhd through its subsidiary is engaged in the manufacturing and selling of food ingredients, and trading of food ingredients. The company distribute its seasoning products through several key distributors from Singapore, South Korea, Sri Lanka, Bangladesh, Pakistan, Indonesia, Myanmar and China. The operating business segments are manufacturing and selling of food ingredients, and trading of food ingredients, with maximum revenue from manufacturing and selling of food ingredients segment.

Astramina Group Bhd (XKLS:03032) Headlines

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