Muda Holdings Bhd (XKLS:3883) Days Payable : 14.89 (As of Mar. 2024)

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What is Muda Holdings Bhd Days Payable?

Muda Holdings Bhd's average Accounts Payable for the three months ended in Mar. 2024 was RM51 Mil. Muda Holdings Bhd's Cost of Goods Sold for the three months ended in Mar. 2024 was RM315 Mil. Hence, Muda Holdings Bhd's Days Payable for the three months ended in Mar. 2024 was 14.89.

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

XKLS:3883' s Days Payable Range Over the Past 10 Years
Min: 13.17 Med: 18.51 Max: 21.31
Current: 13.17

During the past 13 years, Muda Holdings Bhd's highest Days Payable was 21.31. The lowest was 13.17. And the median was 18.51.

XKLS:3883's Days Payable is ranked worse than
94.98% of 279 companies
in the Forest Products industry
Industry Median: 57.9 vs XKLS:3883: 13.17

Muda Holdings Bhd's Days Payable increased from Mar. 2023 (13.59) to Mar. 2024 (14.89). It may suggest that Muda Holdings Bhd delayed paying its suppliers.

Muda Holdings Bhd Days Payable Historical Data

The historical data trend for Muda Holdings 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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Muda Holdings Bhd Days Payable Chart

Muda Holdings Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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19.10

21.31

17.91

15.62

15.32

Muda Holdings 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															13.59	13.61	12.29	11.72	14.89

Competitive Comparison of Muda Holdings Bhd's Days Payable

For the Paper & Paper Products subindustry, Muda Holdings 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.

Muda Holdings Bhd's Days Payable Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Muda Holdings Bhd's Days Payable distribution charts can be found below:

* The bar in red indicates where Muda Holdings Bhd's Days Payable falls into.

Muda Holdings 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.

Muda Holdings 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
=	( (55.783	+	56.725)	/	2 )	/	1339.951	*	365
=	56.254					/	1339.951	*	365
=	15.32

Muda Holdings 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
=	( (56.725	+	45.972)	/	2 )	/	314.747	*	365 / 4
=	51.3485					/	314.747	*	365 / 4
=	14.89

Muda Holdings Bhd Days Payable Related Terms

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Muda Holdings Bhd (XKLS:3883) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Muda Holdings Bhd (XKLS:3883) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lot 7, Jalan 51A/241, Petaling Jaya, SGR, MYS, 46100

Website

https://www.muda.com.my

Muda Holdings Bhd is a Malaysia-based company, that operates in the paper and paper packaging industry. The business activity of the firm functions through the Manufacturing and Trading segments. The Manufacturing segment is engaged in manufacturing various types of industrial paper, corrugated cartons, paper bags, paper stationery, and paper-based food packaging products. The Trading segment is engaged in the trading of paper, recovered paper, and stationery products. Geographically the firm has its business presence across the region of Malaysia, the Republic of Singapore, the People's Republic of China, and Australia.

Muda Holdings Bhd (XKLS:3883) Headlines

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