Kamdar Group (M) Bhd (XKLS:8672) Days Payable : 67.43 (As of Sep. 2024)

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What is Kamdar Group (M) Bhd Days Payable?

Kamdar Group (M) Bhd's average Accounts Payable for the three months ended in Sep. 2024 was RM3.64 Mil. Kamdar Group (M) Bhd's Cost of Goods Sold for the three months ended in Sep. 2024 was RM4.93 Mil. Hence, Kamdar Group (M) Bhd's Days Payable for the three months ended in Sep. 2024 was 67.43.

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

XKLS:8672' s Days Payable Range Over the Past 10 Years
Min: 12.54 Med: 23.43 Max: 62.2
Current: 57.87

During the past 13 years, Kamdar Group (M) Bhd's highest Days Payable was 62.20. The lowest was 12.54. And the median was 23.43.

XKLS:8672's Days Payable is ranked better than
51.96% of 1022 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 55.97 vs XKLS:8672: 57.87

Kamdar Group (M) Bhd's Days Payable declined from Sep. 2023 (70.46) to Sep. 2024 (67.43). It may suggest that Kamdar Group (M) Bhd accelerated paying its suppliers.

Kamdar Group (M) Bhd Days Payable Historical Data

The historical data trend for Kamdar Group (M) 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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Kamdar Group (M) Bhd Days Payable Chart

Kamdar Group (M) Bhd Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Mar19

Mar20

Jun22

Jun23

Jun24

Days Payable

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30.67

41.52

62.20

39.53

46.04

Kamdar Group (M) Bhd Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Payable	Get a 7-Day Free Trial															70.46	59.24	47.41	64.25	67.43

Competitive Comparison of Kamdar Group (M) Bhd's Days Payable

For the Textile Manufacturing subindustry, Kamdar Group (M) 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.

Kamdar Group (M) Bhd's Days Payable Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Kamdar Group (M) Bhd's Days Payable distribution charts can be found below:

* The bar in red indicates where Kamdar Group (M) Bhd's Days Payable falls into.

Kamdar Group (M) 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.

Kamdar Group (M) Bhd's Days Payable for the fiscal year that ended in Jun. 2024 is calculated as

	Days Payable (A: Jun. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2023 )	+	Accounts Payable (A: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2024 )	*	Days in Period
=	( (4.422	+	3.674)	/	2 )	/	32.09	*	365
=	4.048					/	32.09	*	365
=	46.04

Kamdar Group (M) Bhd's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

	Days Payable (Q: Sep. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2024 )	+	Accounts Payable (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (3.674	+	3.609)	/	2 )	/	4.928	*	365 / 4
=	3.6415					/	4.928	*	365 / 4
=	67.43

Kamdar Group (M) Bhd Days Payable Related Terms

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Kamdar Group (M) Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Kamdar Group (M) Bhd (XKLS:8672) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

113, Jalan Tuanku Abdul Rahman, Kuala Lumpur, SGR, MYS, 50100

Website

https://www.kamdar.com.my

Kamdar Group (M) Bhd is a supplier and retailer of fashion fabrics, home textiles, apparel, and garments. It is organized into two business units, Textile, and Investment and Management segment. The Textile segment is engaged in retailing textile and textile-based products within the retailing industry. The Investment and Management segment is engaged in investment holding and providing management services. The company's activities are conducted principally in Malaysia. It derives a majority of its revenue from the Textile segment.

Kamdar Group (M) Bhd Headlines

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