Handal Energy Bhd (XKLS:7253) Days Payable : 2,225.53 (As of Mar. 2024)

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What is Handal Energy Bhd Days Payable?

Handal Energy Bhd's average Accounts Payable for the three months ended in Mar. 2024 was RM20.61 Mil. Handal Energy Bhd's Cost of Goods Sold for the three months ended in Mar. 2024 was RM0.85 Mil. Hence, Handal Energy Bhd's Days Payable for the three months ended in Mar. 2024 was 2,225.53.

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

XKLS:7253' s Days Payable Range Over the Past 10 Years
Min: 10.1 Med: 73.29 Max: 3449.8
Current: 3449.8

During the past 10 years, Handal Energy Bhd's highest Days Payable was 3449.80. The lowest was 10.10. And the median was 73.29.

XKLS:7253's Days Payable is ranked better than
97.33% of 899 companies
in the Oil & Gas industry
Industry Median: 61.41 vs XKLS:7253: 3449.80

Handal Energy Bhd's Days Payable increased from Dec. 2022 (59.27) to Mar. 2024 (2,225.53). It may suggest that Handal Energy Bhd delayed paying its suppliers.

Handal Energy Bhd Days Payable Historical Data

The historical data trend for Handal Energy 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.

* Premium members only.

Handal Energy Bhd Days Payable Chart

Handal Energy Bhd Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Jun20

Days Payable

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78.16

102.55

74.48

10.10

51.38

Handal Energy Bhd Quarterly Data
	Sep18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24
Days Payable	Get a 7-Day Free Trial															59.27	114.50	1,603.71	10,939.01	2,225.53

Competitive Comparison of Handal Energy Bhd's Days Payable

For the Oil & Gas Equipment & Services subindustry, Handal Energy 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.

Handal Energy Bhd's Days Payable Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Handal Energy Bhd's Days Payable distribution charts can be found below:

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

Handal Energy 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.

Handal Energy Bhd's Days Payable for the fiscal year that ended in Jun. 2020 is calculated as

	Days Payable (A: Jun. 2020 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2017 )	+	Accounts Payable (A: Jun. 2020 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2020 )	*	Days in Period
=	( (2.792	+	18.52)	/	2 )	/	75.701	*	365
=	10.656					/	75.701	*	365
=	51.38

Handal Energy 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: Sep. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (19.729	+	21.489)	/	2 )	/	0.845	*	365 / 4
=	20.609					/	0.845	*	365 / 4
=	2,225.53

Handal Energy Bhd Days Payable Related Terms

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Handal Energy Bhd (XKLS:7253) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Handal Energy Bhd (XKLS:7253) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

338, Jalan Tun Razak, C-L29-07, KL Trillion, Kuala Lumpur, MYS, 50400

Website

https://www.handalenergy.com

Handal Energy Bhd provides integrated crane services in Malaysia. The company's operating segment includes Investment holding; Integrated crane services; Fabrication of cranes; Pipeline engineering services; Trading and project services and All other segments. It generates maximum revenue from the Pipeline engineering services segment. Geographically, it operates only in Malaysia.

Handal Energy Bhd (XKLS:7253) Headlines

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