Lii Hen Industries Bhd (XKLS:7089) Days Payable : 36.95 (As of Dec. 2023)

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What is Lii Hen Industries Bhd Days Payable?

Lii Hen Industries Bhd's average Accounts Payable for the three months ended in Dec. 2023 was RM59.3 Mil. Lii Hen Industries Bhd's Cost of Goods Sold for the three months ended in Dec. 2023 was RM146.4 Mil. Hence, Lii Hen Industries Bhd's Days Payable for the three months ended in Dec. 2023 was 36.95.

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

XKLS:7089' s Days Payable Range Over the Past 10 Years
Min: 27.68 Med: 30.44 Max: 41.24
Current: 38.27

During the past 13 years, Lii Hen Industries Bhd's highest Days Payable was 41.24. The lowest was 27.68. And the median was 30.44.

XKLS:7089's Days Payable is ranked worse than
76.47% of 408 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 66.98 vs XKLS:7089: 38.27

Lii Hen Industries Bhd's Days Payable increased from Dec. 2022 (33.28) to Dec. 2023 (36.95). It may suggest that Lii Hen Industries Bhd delayed paying its suppliers.

Lii Hen Industries Bhd Days Payable Historical Data

The historical data trend for Lii Hen 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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Lii Hen Industries Bhd Days Payable Chart

Lii Hen Industries Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

31.63

34.92

41.24

28.93

29.24

Lii Hen 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															33.28	38.08	44.52	42.52	36.95

Competitive Comparison of Lii Hen Industries Bhd's Days Payable

For the Furnishings, Fixtures & Appliances subindustry, Lii Hen 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.

Lii Hen Industries Bhd's Days Payable Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Lii Hen Industries Bhd's Days Payable distribution charts can be found below:

* The bar in red indicates where Lii Hen Industries Bhd's Days Payable falls into.

Lii Hen 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.

Lii Hen Industries 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
=	( (30.347	+	55.813)	/	2 )	/	537.773	*	365
=	43.08					/	537.773	*	365
=	29.24

Lii Hen 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
=	( (62.786	+	55.813)	/	2 )	/	146.427	*	365 / 4
=	59.2995					/	146.427	*	365 / 4
=	36.95

Lii Hen Industries Bhd Days Payable Related Terms

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Lii Hen Industries Bhd (XKLS:7089) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Lii Hen Industries Bhd (XKLS:7089) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Raja, Mukim of Sungai Raya, Plot 43, Kawasan Perindustrian Bukit Pasir, Bukit Pasir, Muar, JHR, MYS, 84300

Website

https://www.liihenfurniture.com

Lii Hen Industries Bhd is engaged in the manufacturing and sale of furniture. The company's segments include Furniture manufacturing, Plantation, and Others. It generates maximum revenue from the Furniture manufacturing segment. Geographically, it derives a majority of its revenue from North America and also has a presence in Asia, Oceania, Africa, and Europe. Its products include Furniture, furniture components, and processed woodwork.

Lii Hen Industries Bhd (XKLS:7089) Headlines

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