Oversea Enterprise Bhd (XKLS:0153) Days Payable : 92.90 (As of Dec. 2023)

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What is Oversea Enterprise Bhd Days Payable?

Oversea Enterprise Bhd's average Accounts Payable for the three months ended in Dec. 2023 was RM5.14 Mil. Oversea Enterprise Bhd's Cost of Goods Sold for the three months ended in Dec. 2023 was RM5.05 Mil. Hence, Oversea Enterprise Bhd's Days Payable for the three months ended in Dec. 2023 was 92.90.

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

XKLS:0153' s Days Payable Range Over the Past 10 Years
Min: 25.3 Med: 43.81 Max: 61.17
Current: 52.22

During the past 13 years, Oversea Enterprise Bhd's highest Days Payable was 61.17. The lowest was 25.30. And the median was 43.81.

XKLS:0153's Days Payable is ranked better than
66.96% of 339 companies
in the Restaurants industry
Industry Median: 38.23 vs XKLS:0153: 52.22

Oversea Enterprise Bhd's Days Payable declined from Dec. 2022 (123.51) to Dec. 2023 (92.90). It may suggest that Oversea Enterprise Bhd accelerated paying its suppliers.

Oversea Enterprise Bhd Days Payable Historical Data

The historical data trend for Oversea Enterprise 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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Oversea Enterprise Bhd Days Payable Chart

Oversea Enterprise Bhd Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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42.62

38.03

61.17

37.03

25.30

Oversea Enterprise Bhd Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															123.51	38.04	43.39	46.17	92.90

Competitive Comparison of Oversea Enterprise Bhd's Days Payable

For the Restaurants subindustry, Oversea Enterprise 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.

Oversea Enterprise Bhd's Days Payable Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Oversea Enterprise Bhd's Days Payable distribution charts can be found below:

* The bar in red indicates where Oversea Enterprise Bhd's Days Payable falls into.

Oversea Enterprise 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.

Oversea Enterprise Bhd's Days Payable for the fiscal year that ended in Mar. 2023 is calculated as

	Days Payable (A: Mar. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2022 )	+	Accounts Payable (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (1.828	+	1.45)	/	2 )	/	23.641	*	365
=	1.639					/	23.641	*	365
=	25.30

Oversea Enterprise Bhd's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (6.11	+	4.177)	/	2 )	/	5.052	*	365 / 4
=	5.1435					/	5.052	*	365 / 4
=	92.90

Oversea Enterprise Bhd Days Payable Related Terms

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Oversea Enterprise Bhd (XKLS:0153) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Oversea Enterprise Bhd (XKLS:0153) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 8, Persiaran Tropicana, Lot 12.2, 12th Floor, Menara Lien Hoe, Tropicana Golf & Country Resort, Petaling Jaya, SGR, MYS, 47410

Website

https://www.oversea.com.my

Oversea Enterprise Bhd operates as an investment holding company in Malaysia. The company engages in the operation of Chinese cuisine restaurants. It operates in three segments; The restaurant segment which is involved in the business of restaurant operators; The manufacturing segment is involved in the manufacturing and wholesale of mooncakes and other baked products; The trading and investment holding segment is involved in the trading of general and food products and providing corporate services and treasury functions. It generates the majority of its revenue from the Restaurant segment. it has a geographic presence in Malaysia, the United States, Australia, Papua New Guinea, and other countries in which it generates the majority of its revenue from Malaysia.

Oversea Enterprise Bhd (XKLS:0153) Headlines

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