IRM Group Bhd (XKLS:7220) Days Payable : 603.65 (As of Mar. 2015)

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What is IRM Group Bhd Days Payable?

IRM Group Bhd's average Accounts Payable for the three months ended in Mar. 2015 was RM0.60 Mil. IRM Group Bhd's Cost of Goods Sold for the three months ended in Mar. 2015 was RM0.09 Mil. Hence, IRM Group Bhd's Days Payable for the three months ended in Mar. 2015 was 603.65.

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

XKLS:7220' s Days Payable Range Over the Past 10 Years
Min: 0 Med: 0 Max: 151.33
Current: 151.33

During the past 9 years, IRM Group Bhd's highest Days Payable was 151.33. The lowest was 0.00. And the median was 0.00.

XKLS:7220's Days Payable is not ranked
in the Chemicals industry.
Industry Median: 60.48 vs XKLS:7220: 151.33

IRM Group Bhd's Days Payable declined from Mar. 2014 (1,191.23) to Mar. 2015 (603.65). It may suggest that IRM Group Bhd accelerated paying its suppliers.

IRM Group Bhd Days Payable Historical Data

The historical data trend for IRM Group 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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IRM Group Bhd Days Payable Chart

IRM Group Bhd Annual Data

Trend

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Days Payable

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45.21

72.53

4,136.06

184.05

IRM Group Bhd Quarterly Data
	Dec06	Dec07	Dec08	Dec09	Dec10	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15
Days Payable	Get a 7-Day Free Trial														1,191.23	39.39	-	-	603.65

Competitive Comparison of IRM Group Bhd's Days Payable

For the Chemicals subindustry, IRM Group 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.

IRM Group Bhd's Days Payable Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, IRM Group Bhd's Days Payable distribution charts can be found below:

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

IRM Group 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.

IRM Group Bhd's Days Payable for the fiscal year that ended in Dec. 2014 is calculated as

	Days Payable (A: Dec. 2014 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2013 )	+	Accounts Payable (A: Dec. 2014 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2014 )	*	Days in Period
=	( (0.826	+	0.602)	/	2 )	/	1.416	*	365
=	0.714					/	1.416	*	365
=	184.05

IRM Group Bhd's Days Payable for the quarter that ended in Mar. 2015 is calculated as:

	Days Payable (Q: Mar. 2015 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2014 )	+	Accounts Payable (Q: Mar. 2015 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2015 )	*	Days in Period
=	( (0.602	+	0)	/	1 )	/	0.091	*	365 / 4
=	0.602					/	0.091	*	365 / 4
=	603.65

IRM Group Bhd Days Payable Related Terms

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IRM Group Bhd (XKLS:7220) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » IRM Group Bhd (XKLS:7220) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

Website

http://www.irmb.com.my

IRM Group Bhd is an investment holding company. The Company is engaged in the business of manufacturing and selling of polyvinyl chloride resins and compounds, as well as plastic products such as sheeting and pipes.

IRM Group Bhd (XKLS:7220) Headlines

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