White Horse Bhd (XKLS:5009) Days Payable : 32.05 (As of Mar. 2024)

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What is White Horse Bhd Days Payable?

White Horse Bhd's average Accounts Payable for the three months ended in Mar. 2024 was RM32.7 Mil. White Horse Bhd's Cost of Goods Sold for the three months ended in Mar. 2024 was RM93.0 Mil. Hence, White Horse Bhd's Days Payable for the three months ended in Mar. 2024 was 32.05.

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

XKLS:5009' s Days Payable Range Over the Past 10 Years
Min: 27.47 Med: 34.98 Max: 39.74
Current: 30.36

During the past 13 years, White Horse Bhd's highest Days Payable was 39.74. The lowest was 27.47. And the median was 34.98.

XKLS:5009's Days Payable is ranked worse than
87.2% of 375 companies
in the Building Materials industry
Industry Median: 66.04 vs XKLS:5009: 30.36

White Horse Bhd's Days Payable declined from Mar. 2023 (34.40) to Mar. 2024 (32.05). It may suggest that White Horse Bhd accelerated paying its suppliers.

White Horse Bhd Days Payable Historical Data

The historical data trend for White Horse 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.

White Horse Bhd Days Payable Chart

White Horse Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

27.51

27.47

34.66

39.74

35.93

White Horse 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															34.40	26.78	28.19	36.91	32.05

Competitive Comparison of White Horse Bhd's Days Payable

For the Building Materials subindustry, White Horse 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.

White Horse Bhd's Days Payable Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, White Horse Bhd's Days Payable distribution charts can be found below:

* The bar in red indicates where White Horse Bhd's Days Payable falls into.

White Horse 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.

White Horse 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
=	( (37.837	+	33.549)	/	2 )	/	362.575	*	365
=	35.693					/	362.575	*	365
=	35.93

White Horse 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
=	( (33.549	+	31.751)	/	2 )	/	92.959	*	365 / 4
=	32.65					/	92.959	*	365 / 4
=	32.05

White Horse Bhd Days Payable Related Terms

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White Horse Bhd (XKLS:5009) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » White Horse Bhd (XKLS:5009) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Pasir Gudang Industrial Estate, PLO 464, Jalan Gangsa, Pasir Gudang, JHR, MYS, 81700

Website

https://www.whitehorse.my

White Horse Bhd. is an investment holding company, which is engaged in the manufacturing of ceramic wall, floor tiles and the provision of management services. Its segments include Malaysia, Vietnam, and Others. The Malaysia segment includes the manufacturing and distribution of ceramic homogenous tiles in Malaysia. The Vietnam segment includes the manufacturing and distribution of ceramic homogenous tiles in Vietnam. The other segments include the distribution of ceramic homogenous tiles in Indonesia, the Philippine, Singapore, and Thailand, and China. The product portfolio of the group consists of ceramic wall tiles, ceramic floor tiles, and porcelain tiles. It generates the majority of revenue from the Malaysian segment.

White Horse Bhd (XKLS:5009) Headlines

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