Thriven Global Bhd (XKLS:7889) Days Payable : 526.88 (As of Mar. 2024)

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What is Thriven Global Bhd Days Payable?

Thriven Global Bhd's average Accounts Payable for the three months ended in Mar. 2024 was RM43.91 Mil. Thriven Global Bhd's Cost of Goods Sold for the three months ended in Mar. 2024 was RM7.60 Mil. Hence, Thriven Global Bhd's Days Payable for the three months ended in Mar. 2024 was 526.88.

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

XKLS:7889' s Days Payable Range Over the Past 10 Years
Min: 29.09 Med: 85.12 Max: 432.06
Current: 352.87

During the past 13 years, Thriven Global Bhd's highest Days Payable was 432.06. The lowest was 29.09. And the median was 85.12.

XKLS:7889's Days Payable is ranked better than
81.79% of 1576 companies
in the Real Estate industry
Industry Median: 100.725 vs XKLS:7889: 352.87

Thriven Global Bhd's Days Payable increased from Mar. 2023 (164.49) to Mar. 2024 (526.88). It may suggest that Thriven Global Bhd delayed paying its suppliers.

Thriven Global Bhd Days Payable Historical Data

The historical data trend for Thriven Global 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.

Thriven Global Bhd Days Payable Chart

Thriven Global Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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98.00

159.40

252.10

432.06

216.13

Thriven Global 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															164.49	205.41	335.48	626.00	526.88

Competitive Comparison of Thriven Global Bhd's Days Payable

For the Real Estate - Diversified subindustry, Thriven Global 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.

Thriven Global Bhd's Days Payable Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Thriven Global Bhd's Days Payable distribution charts can be found below:

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

Thriven Global 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.

Thriven Global 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
=	( (65.822	+	30.633)	/	2 )	/	81.446	*	365
=	48.2275					/	81.446	*	365
=	216.13

Thriven Global 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
=	( (30.633	+	57.179)	/	2 )	/	7.604	*	365 / 4
=	43.906					/	7.604	*	365 / 4
=	526.88

Thriven Global Bhd Days Payable Related Terms

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Thriven Global Bhd (XKLS:7889) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Thriven Global Bhd (XKLS:7889) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 2, Persiaran Tropicana, PJU 3, PS1-08, Lumi Tropicana, Petaling Jaya, SGR, MYS, 47410

Website

https://www.thriven.com.my

Thriven Global Bhd operates as an investment holding company. It is engaged in the business of property development and property investment in Malaysia. The company operates through segments are, Property Development which is engaged in the development of residential and commercial properties. Property Investment segment is engaged in the management and leasing of properties and Investment segment, Food and beverages and investment holding activities from these the firm generates the majority of its revenue from the Property development segment. The group operates only in Malaysia.

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