Careplus Group Bhd (XKLS:0163) Days Payable : 21.67 (As of Dec. 2023)

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What is Careplus Group Bhd Days Payable?

Careplus Group Bhd's average Accounts Payable for the three months ended in Dec. 2023 was RM6.22 Mil. Careplus Group Bhd's Cost of Goods Sold for the three months ended in Dec. 2023 was RM26.20 Mil. Hence, Careplus Group Bhd's Days Payable for the three months ended in Dec. 2023 was 21.67.

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

XKLS:0163' s Days Payable Range Over the Past 10 Years
Min: 17.29 Med: 37.32 Max: 45.12
Current: 26.34

During the past 10 years, Careplus Group Bhd's highest Days Payable was 45.12. The lowest was 17.29. And the median was 37.32.

XKLS:0163's Days Payable is ranked worse than
88.8% of 786 companies
in the Medical Devices & Instruments industry
Industry Median: 72.685 vs XKLS:0163: 26.34

Careplus Group Bhd's Days Payable declined from Sep. 2022 (36.39) to Dec. 2023 (21.67). It may suggest that Careplus Group Bhd accelerated paying its suppliers.

Careplus Group Bhd Days Payable Historical Data

The historical data trend for Careplus Group 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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Careplus Group Bhd Days Payable Chart

Careplus Group Bhd Annual Data

Trend

Jan11

Jan12

Jan13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Days Payable

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45.12

32.28

33.09

39.74

34.90

Careplus Group Bhd Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															36.39	40.18	39.27	16.76	21.67

Competitive Comparison of Careplus Group Bhd's Days Payable

For the Medical Instruments & Supplies subindustry, Careplus Group 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.

Careplus Group Bhd's Days Payable Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Careplus Group Bhd's Days Payable distribution charts can be found below:

* The bar in red indicates where Careplus Group Bhd's Days Payable falls into.

Careplus Group 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.

Careplus Group Bhd's Days Payable for the fiscal year that ended in Dec. 2020 is calculated as

	Days Payable (A: Dec. 2020 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2019 )	+	Accounts Payable (A: Dec. 2020 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2020 )	*	Days in Period
=	( (44.847	+	20.191)	/	2 )	/	340.076	*	365
=	32.519					/	340.076	*	365
=	34.90

Careplus Group 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
=	( (4.702	+	7.742)	/	2 )	/	26.201	*	365 / 4
=	6.222					/	26.201	*	365 / 4
=	21.67

Careplus Group Bhd Days Payable Related Terms

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Careplus Group Bhd (XKLS:0163) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Careplus Group Bhd (XKLS:0163) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lot 17479, Lorong Senawang 3/2, Off Jalan Senawang 3, Senawang Industrial Estate, Seremban, NSN, MYS, 70450

Website

https://www.careplus.com

Careplus Group Bhd is involved in the manufacturing, processing, and trading of gloves. The company's product consists of Latex exam gloves, Latex surgical gloves and Nitrile exam gloves. Its Latex exam gloves are used in the medical examinations and procedures, diagnostic procedures by the dentist, laboratory practices and for food handling practices. The Nitrile exam gloves are generally used in laboratory practices and the automotive industry. Geographically, it has operations in Central, North and South America, Malaysia, and the other Asia Pacific regions. It generates a vast majority of revenues from Other Asia Pacific and South America.

Careplus Group Bhd (XKLS:0163) Headlines

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