Mentiga Bhd (XKLS:5223) Days Payable : 414.89 (As of Sep. 2024)

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What is Mentiga Bhd Days Payable?

Mentiga Bhd's average Accounts Payable for the three months ended in Sep. 2024 was RM29.88 Mil. Mentiga Bhd's Cost of Goods Sold for the three months ended in Sep. 2024 was RM6.57 Mil. Hence, Mentiga Bhd's Days Payable for the three months ended in Sep. 2024 was 414.89.

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

XKLS:5223' s Days Payable Range Over the Past 10 Years
Min: 144.86 Med: 419.16 Max: 753.74
Current: 406.6

During the past 13 years, Mentiga Bhd's highest Days Payable was 753.74. The lowest was 144.86. And the median was 419.16.

XKLS:5223's Days Payable is ranked better than
97.03% of 1820 companies
in the Consumer Packaged Goods industry
Industry Median: 45.53 vs XKLS:5223: 406.60

Mentiga Bhd's Days Payable increased from Sep. 2023 (0.00) to Sep. 2024 (414.89). It may suggest that Mentiga Bhd delayed paying its suppliers.

Mentiga Bhd Days Payable Historical Data

The historical data trend for Mentiga 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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Mentiga Bhd Days Payable Chart

Mentiga Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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449.41

459.46

388.90

216.73

144.86

Mentiga Bhd Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Payable	Get a 7-Day Free Trial															-	198.88	397.75	472.71	414.89

Competitive Comparison of Mentiga Bhd's Days Payable

For the Farm Products subindustry, Mentiga 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.

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

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

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

Mentiga 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.

Mentiga 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
=	( (6.253	+	12.423)	/	2 )	/	23.528	*	365
=	9.338					/	23.528	*	365
=	144.86

Mentiga Bhd's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

	Days Payable (Q: Sep. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2024 )	+	Accounts Payable (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (29.858	+	29.904)	/	2 )	/	6.572	*	365 / 4
=	29.881					/	6.572	*	365 / 4
=	414.89

Mentiga Bhd Days Payable Related Terms

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

Mentiga Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Mentiga Corp Bhd (XKLS:5223) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Number 26 & 26A, Jalan Putra Square 1, Putra Square, Darul Makmur, Kuantan, PHG, MYS, 25200

Website

https://www.mentiga.com.my

Mentiga Corp Bhd is an investment holding company. The company is engaged in oil palm plantation, mining, timber extraction, and trading in timber-related products. Its operations are classified under three segments; the Timber products segment engages in timber extraction and trading in related timber products and reforestation projects; the Plantation segment which generates key revenue offers oil palm plantation; and the Mining segment engages in mining ore extraction and exploration.

Mentiga Bhd Headlines

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