Concrete Engineering Products Bhd (XKLS:8435) Days Payable : 170.81 (As of Feb. 2024)

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What is Concrete Engineering Products Bhd Days Payable?

Concrete Engineering Products Bhd's average Accounts Payable for the three months ended in Feb. 2024 was RM40.6 Mil. Concrete Engineering Products Bhd's Cost of Goods Sold for the three months ended in Feb. 2024 was RM21.7 Mil. Hence, Concrete Engineering Products Bhd's Days Payable for the three months ended in Feb. 2024 was 170.81.

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

XKLS:8435' s Days Payable Range Over the Past 10 Years
Min: 92.19 Med: 122.64 Max: 160.67
Current: 129.57

During the past 13 years, Concrete Engineering Products Bhd's highest Days Payable was 160.67. The lowest was 92.19. And the median was 122.64.

XKLS:8435's Days Payable is ranked better than
77.09% of 371 companies
in the Building Materials industry
Industry Median: 66.27 vs XKLS:8435: 129.57

Concrete Engineering Products Bhd's Days Payable increased from Feb. 2023 (134.80) to Feb. 2024 (170.81). It may suggest that Concrete Engineering Products Bhd delayed paying its suppliers.

Concrete Engineering Products Bhd Days Payable Historical Data

The historical data trend for Concrete Engineering Products 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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Concrete Engineering Products Bhd Days Payable Chart

Concrete Engineering Products Bhd Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Days Payable

Get a 7-Day Free Trial

111.97

113.15

160.67

124.70

124.97

Concrete Engineering Products Bhd Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Days Payable	Get a 7-Day Free Trial															134.80	144.03	107.73	124.13	170.81

Competitive Comparison of Concrete Engineering Products Bhd's Days Payable

For the Building Materials subindustry, Concrete Engineering Products 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.

Concrete Engineering Products Bhd's Days Payable Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Concrete Engineering Products Bhd's Days Payable distribution charts can be found below:

* The bar in red indicates where Concrete Engineering Products Bhd's Days Payable falls into.

Concrete Engineering Products 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.

Concrete Engineering Products Bhd's Days Payable for the fiscal year that ended in Aug. 2023 is calculated as

	Days Payable (A: Aug. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Aug. 2022 )	+	Accounts Payable (A: Aug. 2023 ))	/	count )	/	Cost of Goods Sold (A: Aug. 2023 )	*	Days in Period
=	( (32.543	+	40.39)	/	2 )	/	106.505	*	365
=	36.4665					/	106.505	*	365
=	124.97

Concrete Engineering Products Bhd's Days Payable for the quarter that ended in Feb. 2024 is calculated as:

	Days Payable (Q: Feb. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Nov. 2023 )	+	Accounts Payable (Q: Feb. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Feb. 2024 )	*	Days in Period
=	( (44.443	+	36.717)	/	2 )	/	21.679	*	365 / 4
=	40.58					/	21.679	*	365 / 4
=	170.81

Concrete Engineering Products Bhd Days Payable Related Terms

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Concrete Engineering Products Bhd (XKLS:8435) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Concrete Engineering Products Bhd (XKLS:8435) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Sultan Ismail, 22nd Floor, Menara KH (Promet), Kuala Lumpur, SGR, MYS, 50250

Website

https://www.cepco.com.my

Concrete Engineering Products Bhd is principally engaged in the manufacturing and distribution of prestressed spun concrete piles and poles. These piles are used for foundation piles for buildings, pile embankments, bridges, ports, and marine structures, and the poles are used for telecommunication lines, electric power transmission and distribution lines, traffic signal equipment, and street lighting. Geographically, it derives a majority of its revenue from Malaysia and it also operates in Southeast Asia.

Concrete Engineering Products Bhd (XKLS:8435) Headlines

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