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CPE Technology Bhd (XKLS:5317) Days Payable : 36.82 (As of Jun. 2023)


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What is CPE Technology Bhd Days Payable?

CPE Technology Bhd's average Accounts Payable for the six months ended in Jun. 2023 was RM9.5 Mil. CPE Technology Bhd's Cost of Goods Sold for the six months ended in Jun. 2023 was RM93.8 Mil. Hence, CPE Technology Bhd's Days Payable for the six months ended in Jun. 2023 was 18.41.

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

XKLS:5317' s Days Payable Range Over the Past 10 Years
Min: 16.68   Med: 23.44   Max: 36.82
Current: 36.82

During the past 5 years, CPE Technology Bhd's highest Days Payable was 36.82. The lowest was 16.68. And the median was 23.44.

XKLS:5317's Days Payable is ranked worse than
81.83% of 2421 companies
in the Hardware industry
Industry Median: 67.93 vs XKLS:5317: 36.82

CPE Technology Bhd's Days Payable increased from Jun. 2021 (23.44) to Jun. 2023 (36.82). It may suggest that CPE Technology Bhd delayed paying its suppliers.

CPE Technology Bhd Days Payable Historical Data

The historical data trend for CPE Technology 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.

CPE Technology Bhd Days Payable Chart

CPE Technology Bhd Annual Data
Trend Jun19 Jun20 Jun21 Jun22 Jun23
Days Payable
16.68 19.11 23.44 28.59 36.82

CPE Technology Bhd Semi-Annual Data
Jun19 Jun20 Jun21 Jun22 Jun23
Days Payable 16.68 19.11 23.44 28.59 36.82

Competitive Comparison of CPE Technology Bhd's Days Payable

For the Electronic Components subindustry, CPE Technology 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.

CPE Technology Bhd's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, CPE Technology Bhd's Days Payable distribution charts can be found below:

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


CPE Technology 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.

CPE Technology 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
=( (9.08 + 9.84) / 2 ) / 93.768*365
=9.46 / 93.768*365
=36.82

CPE Technology Bhd's Days Payable for the quarter that ended in Jun. 2023 is calculated as:

Days Payable (Q: Jun. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2022 ) + Accounts Payable (Q: Jun. 2023 )) / count ) / Cost of Goods Sold (Q: Jun. 2023 )*Days in Period
=( (9.08 + 9.84) / 2 ) / 93.768*365 / 2
=9.46 / 93.768*365 / 2
=18.41

* 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.

CPE Technology Bhd Days Payable Related Terms

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CPE Technology Bhd (XKLS:5317) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » CPE Technology Bhd (XKLS:5317) » Definitions » Days Payable
Comparable Companies
Traded in Other Exchanges
N/A
Address
No. 6, Jalan Indah Gemilang 5, Taman Perindustrian Gemilang, Ulu Tiram, JHR, MYS, 81800
Website
https://www.cpetbhd.com
CPE Technology Bhd is an engineering support services provider principally involved in the manufacturing of precision-machined parts and components and the provision of CNC machining services. The precision-machined parts and components are then used by its customers in different industries which include, but not limited to, semiconductors, life science and medical devices, sports equipment, sensor equipment and security industries in Malaysia and overseas. The company utilizes CNC machining as its primary process such as milling, turning and lathing before going through associated secondary processes which include, but not limited to, polishing, grinding and sandblasting to produce precision-machined parts and components from metal rods and blocks.

CPE Technology Bhd (XKLS:5317) Headlines

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