Alpha Ocean Resources Bhd (XKLS:03051) Days Payable : 59.82 (As of Dec. 2023)

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What is Alpha Ocean Resources Bhd Days Payable?

Alpha Ocean Resources Bhd's average Accounts Payable for the six months ended in Dec. 2023 was RM0.41 Mil. Alpha Ocean Resources Bhd's Cost of Goods Sold for the six months ended in Dec. 2023 was RM1.26 Mil. Hence, Alpha Ocean Resources Bhd's Days Payable for the six months ended in Dec. 2023 was 59.82.

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

XKLS:03051' s Days Payable Range Over the Past 10 Years
Min: 20.59 Med: 26.06 Max: 31.53
Current: 25.3

During the past 5 years, Alpha Ocean Resources Bhd's highest Days Payable was 31.53. The lowest was 20.59. And the median was 26.06.

XKLS:03051's Days Payable is not ranked
in the Consumer Packaged Goods industry.
Industry Median: 45.93 vs XKLS:03051: 25.30

Alpha Ocean Resources Bhd's Days Payable increased from Dec. 2022 (31.40) to Dec. 2023 (59.82). It may suggest that Alpha Ocean Resources Bhd delayed paying its suppliers.

Alpha Ocean Resources Bhd Days Payable Historical Data

The historical data trend for Alpha Ocean Resources 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.

Alpha Ocean Resources Bhd Days Payable Chart

Alpha Ocean Resources Bhd Annual Data

Trend

Jun19

Jun20

Jun21

Jun22

Jun23

Days Payable

20.59

31.53

Alpha Ocean Resources Bhd Semi-Annual Data
	Jun19	Jun20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial			3.70	8.91	31.40	20.63	59.82

Competitive Comparison of Alpha Ocean Resources Bhd's Days Payable

For the Farm Products subindustry, Alpha Ocean Resources 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.

Alpha Ocean Resources Bhd's Days Payable Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Alpha Ocean Resources Bhd's Days Payable falls into.

Alpha Ocean Resources 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.

Alpha Ocean Resources Bhd's Days Payable for the fiscal year that ended in Jun. 2023 is calculated as

	Days Payable (A: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2022 )	+	Accounts Payable (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (0.207	+	0.632)	/	2 )	/	4.856	*	365
=	0.4195					/	4.856	*	365
=	31.53

Alpha Ocean Resources 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. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (0.632	+	0.196)	/	2 )	/	1.263	*	365 / 2
=	0.414					/	1.263	*	365 / 2
=	59.82

Alpha Ocean Resources Bhd Days Payable Related Terms

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Alpha Ocean Resources Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Alpha Ocean Resources Bhd (XKLS:03051) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.3, Jalan Bangsar, Unit SO-33A-1 & SO-33A-8, Menara 1, Strata Offices, KL Eco City, Kuala Lumpur, MYS, 59200

Website

https://www.aorb.com.my

Alpha Ocean Resources Bhd is a tuna fishing and trading company based in Malaysia, which focuses on delivering premium tuna fishes. The company is committed to providing customers with quality catches that are affordable and take measures to ensure fishing operations are sustainable.

Alpha Ocean Resources Bhd Headlines

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