Three-A Resources Bhd (XKLS:0012) Days Payable : 11.96 (As of Dec. 2023)

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What is Three-A Resources Bhd Days Payable?

Three-A Resources Bhd's average Accounts Payable for the three months ended in Dec. 2023 was RM15.6 Mil. Three-A Resources Bhd's Cost of Goods Sold for the three months ended in Dec. 2023 was RM119.2 Mil. Hence, Three-A Resources Bhd's Days Payable for the three months ended in Dec. 2023 was 11.96.

The historical rank and industry rank for Three-A Resources Bhd's Days Payable or its related term are showing as below:

XKLS:0012' s Days Payable Range Over the Past 10 Years
Min: 10.32 Med: 13.62 Max: 15.96
Current: 14.52

During the past 13 years, Three-A Resources Bhd's highest Days Payable was 15.96. The lowest was 10.32. And the median was 13.62.

XKLS:0012's Days Payable is ranked worse than
91.95% of 1788 companies
in the Consumer Packaged Goods industry
Industry Median: 46.105 vs XKLS:0012: 14.52

Three-A Resources Bhd's Days Payable declined from Dec. 2022 (20.37) to Dec. 2023 (11.96). It may suggest that Three-A Resources Bhd accelerated paying its suppliers.

Three-A Resources Bhd Days Payable Historical Data

The historical data trend for Three-A Resources 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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Three-A Resources Bhd Days Payable Chart

Three-A Resources Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

14.95

15.96

15.28

12.71

10.32

Three-A Resources 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															20.37	17.42	16.65	15.93	11.96

Competitive Comparison of Three-A Resources Bhd's Days Payable

For the Packaged Foods subindustry, Three-A Resources 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.

Three-A Resources Bhd's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Three-A Resources Bhd's Days Payable distribution charts can be found below:

* The bar in red indicates where Three-A Resources Bhd's Days Payable falls into.

Three-A Resources 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.

Three-A Resources 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
=	( (23.363	+	5.144)	/	2 )	/	504.019	*	365
=	14.2535					/	504.019	*	365
=	10.32

Three-A Resources 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
=	( (26.097	+	5.144)	/	2 )	/	119.211	*	365 / 4
=	15.6205					/	119.211	*	365 / 4
=	11.96

Three-A Resources Bhd Days Payable Related Terms

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Three-A Resources Bhd (XKLS:0012) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Three-A Resources Bhd (XKLS:0012) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Industri, U19, AI 308, Lot 590 & Lot 4196, Kampung Baru Sungai Buloh, Shah Alam, SGR, MYS, 40160

Website

https://www.three-a.com.my

Three-A Resources Bhd is a food and beverage manufacturer. The activities of the company are involved in manufacturing and sale of food and beverages ingredients and investment holding. The company manufactures and trades in Liquid Caramel, Natural Fermented Vinegar, Distilled Vinegar, Glucose Syrup, Vinegar, High Maltose Syrup, Soya Protein Sauce, Hydrolyzed Vegetable Protein Powder, Caramel Powder, Soya Sauce Powder, and Maltodextrin. The majority of the revenue is collected from Malaysia with Singapore and others following.

Three-A Resources Bhd (XKLS:0012) Headlines

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