CB Industrial Product Holding Bhd (XKLS:7076) Days Payable : 29.45 (As of Dec. 2023)

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What is CB Industrial Product Holding Bhd Days Payable?

CB Industrial Product Holding Bhd's average Accounts Payable for the three months ended in Dec. 2023 was RM50.3 Mil. CB Industrial Product Holding Bhd's Cost of Goods Sold for the three months ended in Dec. 2023 was RM155.9 Mil. Hence, CB Industrial Product Holding Bhd's Days Payable for the three months ended in Dec. 2023 was 29.45.

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

XKLS:7076' s Days Payable Range Over the Past 10 Years
Min: 19 Med: 72.11 Max: 150.26
Current: 30.23

During the past 13 years, CB Industrial Product Holding Bhd's highest Days Payable was 150.26. The lowest was 19.00. And the median was 72.11.

XKLS:7076's Days Payable is ranked worse than
88.59% of 2936 companies
in the Industrial Products industry
Industry Median: 76.765 vs XKLS:7076: 30.23

CB Industrial Product Holding Bhd's Days Payable increased from Sep. 2022 (17.66) to Dec. 2023 (29.45). It may suggest that CB Industrial Product Holding Bhd delayed paying its suppliers.

CB Industrial Product Holding Bhd Days Payable Historical Data

The historical data trend for CB Industrial Product Holding 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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CB Industrial Product Holding Bhd Days Payable Chart

CB Industrial Product Holding Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

80.14

58.73

36.43

19.00

26.76

CB Industrial Product Holding Bhd Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															17.66	16.35	20.28	15.19	29.45

Competitive Comparison of CB Industrial Product Holding Bhd's Days Payable

For the Specialty Industrial Machinery subindustry, CB Industrial Product Holding 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.

CB Industrial Product Holding Bhd's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, CB Industrial Product Holding Bhd's Days Payable distribution charts can be found below:

* The bar in red indicates where CB Industrial Product Holding Bhd's Days Payable falls into.

CB Industrial Product Holding 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.

CB Industrial Product Holding 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
=	( (38.143	+	64.036)	/	2 )	/	696.839	*	365
=	51.0895					/	696.839	*	365
=	26.76

CB Industrial Product Holding 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
=	( (36.6	+	64.036)	/	2 )	/	155.895	*	365 / 4
=	50.318					/	155.895	*	365 / 4
=	29.45

CB Industrial Product Holding Bhd Days Payable Related Terms

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CB Industrial Product Holding Bhd (XKLS:7076) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » CB Industrial Product Holding Bhd (XKLS:7076) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1 Jalan Astaka U8/83, Section 8, Bukit Jelutong, Shah Alam, SGR, MYS, 40150

Website

https://www.cbip.com.my

CB Industrial Product Holding Bhd is an investment holding company. It operates in five segments: Plantation & milling, which is into cultivation of oil palm and production of crude palm oil and palm kernel; Equipment and engineering segment manufactures palm oil equipment and related products, commissioning and contracting works for palm oil mills and trading of palm oil mill processing equipment; Refinery segment is into trading and processing of crude palm oil and related products; Special purpose vehicles; and Investing. The company's geographical segments into Malaysia, Indonesia, Papua New Guinea, Central America, Africa, Liberia, Singapore, and Others. Majority of revenue is generated from the refinery segment.

CB Industrial Product Holding Bhd (XKLS:7076) Headlines

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