Carzo Holdings Bhd (XKLS:03048) Days Payable : 141.43 (As of Dec. 2023)

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What is Carzo Holdings Bhd Days Payable?

Carzo Holdings Bhd's average Accounts Payable for the six months ended in Dec. 2023 was RM11.15 Mil. Carzo Holdings Bhd's Cost of Goods Sold for the six months ended in Dec. 2023 was RM14.39 Mil. Hence, Carzo Holdings Bhd's Days Payable for the six months ended in Dec. 2023 was 141.43.

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

XKLS:03048' s Days Payable Range Over the Past 10 Years
Min: 98.01 Med: 99.19 Max: 218.17
Current: 218.17

During the past 2 years, Carzo Holdings Bhd's highest Days Payable was 218.17. The lowest was 98.01. And the median was 99.19.

XKLS:03048's Days Payable is ranked better than
97.37% of 304 companies
in the Retail - Defensive industry
Industry Median: 43.72 vs XKLS:03048: 218.17

Carzo Holdings Bhd's Days Payable increased from Dec. 2021 (56.17) to Dec. 2023 (141.43). It may suggest that Carzo Holdings Bhd delayed paying its suppliers.

Carzo Holdings Bhd Days Payable Historical Data

The historical data trend for Carzo 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.

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Carzo Holdings Bhd Days Payable Chart

Carzo Holdings Bhd Annual Data

Trend

Dec19

Dec20

Days Payable

98.01

100.37

Carzo Holdings Bhd Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec23
Days Payable	Get a 7-Day Free Trial			-	50.75	56.17	88.76	141.43

Competitive Comparison of Carzo Holdings Bhd's Days Payable

For the Food Distribution subindustry, Carzo 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.

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

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

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

Carzo 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.

Carzo Holdings Bhd's Days Payable for the fiscal year that ended in Dec. 2020 is calculated as

	Days Payable (A: Dec. 2020 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2019 )	+	Accounts Payable (A: Dec. 2020 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2020 )	*	Days in Period
=	( (11.235	+	10.555)	/	2 )	/	39.622	*	365
=	10.895					/	39.622	*	365
=	100.37

Carzo Holdings Bhd's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2022 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (13.698	+	8.599)	/	2 )	/	14.386	*	365 / 2
=	11.1485					/	14.386	*	365 / 2
=	141.43

Carzo Holdings Bhd Days Payable Related Terms

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Carzo Holdings Bhd (XKLS:03048) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Carzo Holdings Bhd (XKLS:03048) » Definitions » Days Payable

Comparable Companies

NGO:8145 XPAR:ALECO OSTO:LMKG TSE:3143 SGX:K03 HKSE:08413 TSE:7538 TSE:2683 ISX:KMDS KAR:MFL

Traded in Other Exchanges

N/A

Address

No. 6, Jalan Persiaran Industri, SD5, Bandar Sri Damansara, Wilayah Persekutuan, Kuala Lumpur, MYS, 52200

Website

https://www.carzo.com.my

Carzo Holdings Bhd is a fruit wholesalers, distributors and importers in the nation. It supplies to numerous top supermarkets and hypermarkets nationwide.

Carzo Holdings Bhd (XKLS:03048) Headlines

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