Genting Malaysia Bhd (XKLS:4715) Days Payable : 73.40 (As of Dec. 2023)

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What is Genting Malaysia Bhd Days Payable?

Genting Malaysia Bhd's average Accounts Payable for the three months ended in Dec. 2023 was RM1,607 Mil. Genting Malaysia Bhd's Cost of Goods Sold for the three months ended in Dec. 2023 was RM1,998 Mil. Hence, Genting Malaysia Bhd's Days Payable for the three months ended in Dec. 2023 was 73.40.

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

XKLS:4715' s Days Payable Range Over the Past 10 Years
Min: 23.66 Med: 26.84 Max: 90.5
Current: 84.88

During the past 13 years, Genting Malaysia Bhd's highest Days Payable was 90.50. The lowest was 23.66. And the median was 26.84.

XKLS:4715's Days Payable is ranked better than
60.77% of 752 companies
in the Travel & Leisure industry
Industry Median: 59.82 vs XKLS:4715: 84.88

Genting Malaysia Bhd's Days Payable declined from Dec. 2022 (78.40) to Dec. 2023 (73.40). It may suggest that Genting Malaysia Bhd accelerated paying its suppliers.

Genting Malaysia Bhd Days Payable Historical Data

The historical data trend for Genting Malaysia 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.

* Premium members only.

Genting Malaysia Bhd Days Payable Chart

Genting Malaysia Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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23.76

38.33

42.56

27.68

23.66

Genting Malaysia 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															78.40	79.32	125.34	121.66	73.40

Competitive Comparison of Genting Malaysia Bhd's Days Payable

For the Resorts & Casinos subindustry, Genting Malaysia 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.

Genting Malaysia Bhd's Days Payable Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Genting Malaysia Bhd's Days Payable distribution charts can be found below:

* The bar in red indicates where Genting Malaysia Bhd's Days Payable falls into.

Genting Malaysia 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.

Genting Malaysia 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
=	( (523.3	+	465.3)	/	2 )	/	7625.6	*	365
=	494.3					/	7625.6	*	365
=	23.66

Genting Malaysia 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
=	( (2749.244	+	465.3)	/	2 )	/	1998.179	*	365 / 4
=	1607.272					/	1998.179	*	365 / 4
=	73.40

Genting Malaysia Bhd Days Payable Related Terms

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Genting Malaysia Bhd (XKLS:4715) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Genting Malaysia Bhd (XKLS:4715) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

GMALY:USA

Address

Wisma Genting, Jalan Sultan Ismail, 23rd Floor, Kuala Lumpur, MYS, 50250

Website

https://www.gentingmalaysia.com

Genting Malaysia Bhd is a resort and casino company and is a subsidiary of the holdings company Genting. The company has two primary business segments: Leisure & Hospitality and Properties. The Leisure & Hospitality segment operates numerous resorts, many of which include casinos, theme parks, concerts, restaurants, and retail shopping locations. The flagship resort operates five hotels, an amusement park, and entertainment venues. The Properties segment controls and leases real estate. The company generates the vast majority of its revenue in Malaysia.

Genting Malaysia Bhd (XKLS:4715) Headlines

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