Pharmaniaga Bhd (XKLS:7081) Days Payable : 89.55 (As of Mar. 2024)

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What is Pharmaniaga Bhd Days Payable?

Pharmaniaga Bhd's average Accounts Payable for the three months ended in Mar. 2024 was RM826 Mil. Pharmaniaga Bhd's Cost of Goods Sold for the three months ended in Mar. 2024 was RM842 Mil. Hence, Pharmaniaga Bhd's Days Payable for the three months ended in Mar. 2024 was 89.55.

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

XKLS:7081' s Days Payable Range Over the Past 10 Years
Min: 51.18 Med: 77.99 Max: 102.92
Current: 102.92

During the past 13 years, Pharmaniaga Bhd's highest Days Payable was 102.92. The lowest was 51.18. And the median was 77.99.

XKLS:7081's Days Payable is ranked better than
65.96% of 94 companies
in the Medical Distribution industry
Industry Median: 73.32 vs XKLS:7081: 102.92

Pharmaniaga Bhd's Days Payable declined from Mar. 2023 (91.36) to Mar. 2024 (89.55). It may suggest that Pharmaniaga Bhd accelerated paying its suppliers.

Pharmaniaga Bhd Days Payable Historical Data

The historical data trend for Pharmaniaga 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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Pharmaniaga Bhd Days Payable Chart

Pharmaniaga Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

75.05

74.40

51.18

70.50

80.46

Pharmaniaga 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															91.36	110.57	112.46	95.62	89.55

Competitive Comparison of Pharmaniaga Bhd's Days Payable

For the Medical Distribution subindustry, Pharmaniaga 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.

Pharmaniaga Bhd's Days Payable Distribution in the Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Pharmaniaga Bhd's Days Payable distribution charts can be found below:

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

Pharmaniaga 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.

Pharmaniaga 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
=	( (693.442	+	671.729)	/	2 )	/	3096.66	*	365
=	682.5855					/	3096.66	*	365
=	80.46

Pharmaniaga 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
=	( (671.729	+	980.183)	/	2 )	/	841.65	*	365 / 4
=	825.956					/	841.65	*	365 / 4
=	89.55

Pharmaniaga Bhd Days Payable Related Terms

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Pharmaniaga Bhd (XKLS:7081) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Distribution » Pharmaniaga Bhd (XKLS:7081) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 7, Lorong Keluli 1B, Kawasan Perindustrian Bukit Raja Selatan, Seksyen 7, Shah Alam, SGR, MYS, 40000

Website

https://www.pharmaniaga.com

Pharmaniaga Bhd is engaged in the manufacture of pharmaceuticals and medical devices, sales and marketing as well as the distribution of medical products and hospital equipment. The company is also involved in logistics and distribution. The group operates in three segments - Logistics and distribution, Manufacturing, and Indonesia. Maximum revenue is generated by the logistics and distribution segment. It derives revenue from Malaysia, Indonesia and Other countries, of which key revenue is derived from Malaysia.

Pharmaniaga Bhd (XKLS:7081) Headlines

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