Lotus KFM Bhd (XKLS:8303) Days Payable : 20.93 (As of Mar. 2024)

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What is Lotus KFM Bhd Days Payable?

Lotus KFM Bhd's average Accounts Payable for the three months ended in Mar. 2024 was RM2.81 Mil. Lotus KFM Bhd's Cost of Goods Sold for the three months ended in Mar. 2024 was RM12.24 Mil. Hence, Lotus KFM Bhd's Days Payable for the three months ended in Mar. 2024 was 20.93.

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

XKLS:8303' s Days Payable Range Over the Past 10 Years
Min: 9.52 Med: 173.21 Max: 748.54
Current: 17.58

During the past 13 years, Lotus KFM Bhd's highest Days Payable was 748.54. The lowest was 9.52. And the median was 173.21.

XKLS:8303's Days Payable is ranked worse than
89.13% of 1794 companies
in the Consumer Packaged Goods industry
Industry Median: 46.18 vs XKLS:8303: 17.58

Lotus KFM Bhd's Days Payable declined from Mar. 2023 (21.88) to Mar. 2024 (20.93). It may suggest that Lotus KFM Bhd accelerated paying its suppliers.

Lotus KFM Bhd Days Payable Historical Data

The historical data trend for Lotus KFM 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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Lotus KFM Bhd Days Payable Chart

Lotus KFM Bhd Annual Data

Trend

Mar14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Days Payable

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260.01

204.82

35.53

9.52

16.11

Lotus KFM 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															21.88	8.53	16.97	28.16	20.93

Competitive Comparison of Lotus KFM Bhd's Days Payable

For the Packaged Foods subindustry, Lotus KFM 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.

Lotus KFM Bhd's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Lotus KFM Bhd's Days Payable distribution charts can be found below:

* The bar in red indicates where Lotus KFM Bhd's Days Payable falls into.

Lotus KFM 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.

Lotus KFM Bhd's Days Payable for the fiscal year that ended in Sep. 2023 is calculated as

	Days Payable (A: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Sep. 2022 )	+	Accounts Payable (A: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (A: Sep. 2023 )	*	Days in Period
=	( (1.136	+	3.662)	/	2 )	/	54.365	*	365
=	2.399					/	54.365	*	365
=	16.11

Lotus KFM 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
=	( (2.713	+	2.902)	/	2 )	/	12.239	*	365 / 4
=	2.8075					/	12.239	*	365 / 4
=	20.93

Lotus KFM Bhd Days Payable Related Terms

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Lotus KFM Bhd (XKLS:8303) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Lotus KFM Bhd (XKLS:8303) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lebuh IRC, Unit T2-L3-1 and 3, Level 3 IOI City Tower Two, IOI Resort City, Putrajaya, SGR, MYS, 62502

Website

http://www.kfmb.com.my

Lotus KFM Bhd is engaged in flour milling and trading in its related products. The two main sources of revenue comprise Wheat Flour and Trading of Tapioca Flour and Cornflour. Some of its Pre-Mix products are Easimix Golden Sponge, Easimix Butter, Easimix Potato, Golden Sponge Mix, and Easimix Light Wholemeal.

Lotus KFM Bhd (XKLS:8303) Headlines

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