DRB-Hicom Bhd (XKLS:1619) Days Payable : 107.10 (As of Mar. 2024)

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What is DRB-Hicom Bhd Days Payable?

DRB-Hicom Bhd's average Accounts Payable for the three months ended in Mar. 2024 was RM4,879 Mil. DRB-Hicom Bhd's Cost of Goods Sold for the three months ended in Mar. 2024 was RM4,157 Mil. Hence, DRB-Hicom Bhd's Days Payable for the three months ended in Mar. 2024 was 107.10.

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

XKLS:1619' s Days Payable Range Over the Past 10 Years
Min: 63.34 Med: 136.54 Max: 199.3
Current: 129.68

During the past 13 years, DRB-Hicom Bhd's highest Days Payable was 199.30. The lowest was 63.34. And the median was 136.54.

XKLS:1619's Days Payable is ranked better than
81.19% of 1265 companies
in the Vehicles & Parts industry
Industry Median: 66.62 vs XKLS:1619: 129.68

DRB-Hicom Bhd's Days Payable declined from Mar. 2023 (112.54) to Mar. 2024 (107.10). It may suggest that DRB-Hicom Bhd accelerated paying its suppliers.

DRB-Hicom Bhd Days Payable Historical Data

The historical data trend for DRB-Hicom 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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DRB-Hicom Bhd Days Payable Chart

DRB-Hicom Bhd Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

199.30

161.44

147.13

123.77

128.71

DRB-Hicom Bhd Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															112.54	113.03	111.96	257.37	107.10

Competitive Comparison of DRB-Hicom Bhd's Days Payable

For the Auto Manufacturers subindustry, DRB-Hicom 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.

DRB-Hicom Bhd's Days Payable Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, DRB-Hicom Bhd's Days Payable distribution charts can be found below:

* The bar in red indicates where DRB-Hicom Bhd's Days Payable falls into.

DRB-Hicom 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.

DRB-Hicom 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
=	( (4742.913	+	4806.47)	/	2 )	/	13540.03	*	365
=	4774.6915					/	13540.03	*	365
=	128.71

DRB-Hicom 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
=	( (4806.47	+	4950.738)	/	2 )	/	4156.599	*	365 / 4
=	4878.604					/	4156.599	*	365 / 4
=	107.10

DRB-Hicom Bhd Days Payable Related Terms

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

DRB-Hicom Bhd (XKLS:1619) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » DRB-Hicom Bhd (XKLS:1619) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 2, Jalan Usahawan U1/8, Level 5, Wisma DRB-HICOM, Seksyen U1, Shah Alam, SGR, MYS, 40150

Website

https://www.drb-hicom.com

DRB-Hicom Bhd is a Malaysian conglomerate. The company's segment includes Automotive; Aerospace and Defence; Postal; Banking; Services and Properties. It generates maximum revenue from the Automotive segment. Automotive segment includes the production and distribution of passenger vehicles, motorcycles, commercial and special-purpose vehicles, military vehicles, and related parts and services.

DRB-Hicom Bhd (XKLS:1619) Headlines

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