B. I. G. Industries Bhd (XKLS:7005) Days Payable : 221.69 (As of Dec. 2023)

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What is B. I. G. Industries Bhd Days Payable?

B. I. G. Industries Bhd's average Accounts Payable for the three months ended in Dec. 2023 was RM10.47 Mil. B. I. G. Industries Bhd's Cost of Goods Sold for the three months ended in Dec. 2023 was RM4.31 Mil. Hence, B. I. G. Industries Bhd's Days Payable for the three months ended in Dec. 2023 was 221.69.

The historical rank and industry rank for B. I. G. Industries Bhd's Days Payable or its related term are showing as below:

XKLS:7005' s Days Payable Range Over the Past 10 Years
Min: 61.68 Med: 82.23 Max: 200.61
Current: 200.61

During the past 13 years, B. I. G. Industries Bhd's highest Days Payable was 200.61. The lowest was 61.68. And the median was 82.23.

XKLS:7005's Days Payable is ranked better than
93.88% of 1503 companies
in the Chemicals industry
Industry Median: 60.89 vs XKLS:7005: 200.61

B. I. G. Industries Bhd's Days Payable declined from Dec. 2022 (229.30) to Dec. 2023 (221.69). It may suggest that B. I. G. Industries Bhd accelerated paying its suppliers.

B. I. G. Industries Bhd Days Payable Historical Data

The historical data trend for B. I. G. Industries 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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B. I. G. Industries Bhd Days Payable Chart

B. I. G. Industries Bhd Annual Data

Trend

Dec13

Dec14

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Payable

Get a 7-Day Free Trial

74.43

82.27

77.92

61.68

75.87

B. I. G. Industries Bhd Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															229.30	221.51	176.59	145.54	221.69

Competitive Comparison of B. I. G. Industries Bhd's Days Payable

For the Specialty Chemicals subindustry, B. I. G. Industries 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.

B. I. G. Industries Bhd's Days Payable Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, B. I. G. Industries Bhd's Days Payable distribution charts can be found below:

* The bar in red indicates where B. I. G. Industries Bhd's Days Payable falls into.

B. I. G. Industries 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.

B. I. G. Industries 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
=	( (3.552	+	3.441)	/	2 )	/	16.822	*	365
=	3.4965					/	16.822	*	365
=	75.87

B. I. G. Industries 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: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (10.269	+	10.663)	/	2 )	/	4.308	*	365 / 4
=	10.466					/	4.308	*	365 / 4
=	221.69

B. I. G. Industries Bhd Days Payable Related Terms

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B. I. G. Industries Bhd (XKLS:7005) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » B. I. G. Industries Bhd (XKLS:7005) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Tinju 13/50, 19D, 4th Floor, Block 2, Section 13, Worldwide Business Centre, Shah Alam, SGR, MYS, 40675

Website

https://www.bigind.com.my

B. I. G. Industries Bhd is engaged in manufacturing, distributing, and marketing industrial gases; property development and manufacturing and sale of ready-mix concrete products, manufacturing and trading of reinforced concrete piles and distribution of cement. It operates through the following segments: Industrial gas, Concrete, Property development and construction, and Corporate/Others.

B. I. G. Industries Bhd (XKLS:7005) Headlines

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