TAFI Industries Bhd (XKLS:7211) Days Payable : 244.88 (As of Dec. 2024)

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What is TAFI Industries Bhd Days Payable?

TAFI Industries Bhd's average Accounts Payable for the three months ended in Dec. 2024 was RM96.5 Mil. TAFI Industries Bhd's Cost of Goods Sold for the three months ended in Dec. 2024 was RM35.9 Mil. Hence, TAFI Industries Bhd's Days Payable for the three months ended in Dec. 2024 was 244.88.

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

XKLS:7211' s Days Payable Range Over the Past 10 Years
Min: 36.48 Med: 56.92 Max: 342.7
Current: 304.83

During the past 13 years, TAFI Industries Bhd's highest Days Payable was 342.70. The lowest was 36.48. And the median was 56.92.

XKLS:7211's Days Payable is ranked better than
98.1% of 420 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 66.105 vs XKLS:7211: 304.83

TAFI Industries Bhd's Days Payable declined from Dec. 2023 (290.65) to Dec. 2024 (244.88). It may suggest that TAFI Industries Bhd accelerated paying its suppliers.

TAFI Industries Bhd Days Payable Historical Data

The historical data trend for TAFI 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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TAFI Industries Bhd Days Payable Chart

TAFI Industries Bhd Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

Get a 7-Day Free Trial

45.39

53.10

70.31

281.30

342.70

TAFI Industries Bhd Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Payable	Get a 7-Day Free Trial															290.65	509.79	238.45	316.51	244.88

Competitive Comparison of TAFI Industries Bhd's Days Payable

For the Furnishings, Fixtures & Appliances subindustry, TAFI 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.

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

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

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

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TAFI 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.

TAFI Industries Bhd's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

	Days Payable (A: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2023 )	+	Accounts Payable (A: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2024 )	*	Days in Period
=	( (78.511	+	108.803)	/	2 )	/	99.751	*	365
=	93.657					/	99.751	*	365
=	342.70

TAFI Industries Bhd's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

	Days Payable (Q: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2024 )	+	Accounts Payable (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (84.115	+	108.803)	/	2 )	/	35.943	*	365 / 4
=	96.459					/	35.943	*	365 / 4
=	244.88

TAFI Industries Bhd Days Payable Related Terms

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TAFI Industries Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » TAFI Industries Bhd (XKLS:7211) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

PLO 3, Kawasan Perindustrian Bukit Pasir, Mukim Sungai Raya, Bukit Pasir, Muar, JHR, MYS, 84300

Website

https://www.welcome.tafi.com.my

TAFI Industries Bhd is a Malaysia-based company involved in the manufacturing, exporting, and trading of furniture products for local and overseas markets and property development. The reportable segments of the group are Furniture products, Construction, and Property development. It derives a majority of its revenue from the Construction segment. It has a business presence in Malaysia and other countries.

TAFI Industries Bhd Headlines

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