Aimflex Bhd (XKLS:0209) Days Payable : 33.56 (As of Dec. 2023)

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What is Aimflex Bhd Days Payable?

Aimflex Bhd's average Accounts Payable for the three months ended in Dec. 2023 was RM6.74 Mil. Aimflex Bhd's Cost of Goods Sold for the three months ended in Dec. 2023 was RM18.32 Mil. Hence, Aimflex Bhd's Days Payable for the three months ended in Dec. 2023 was 33.56.

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

XKLS:0209' s Days Payable Range Over the Past 10 Years
Min: 29.78 Med: 41.35 Max: 64.86
Current: 40.6

During the past 9 years, Aimflex Bhd's highest Days Payable was 64.86. The lowest was 29.78. And the median was 41.35.

XKLS:0209's Days Payable is ranked worse than
79.09% of 2937 companies
in the Industrial Products industry
Industry Median: 76.66 vs XKLS:0209: 40.60

Aimflex Bhd's Days Payable declined from Dec. 2022 (50.59) to Dec. 2023 (33.56). It may suggest that Aimflex Bhd accelerated paying its suppliers.

Aimflex Bhd Days Payable Historical Data

The historical data trend for Aimflex 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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Aimflex Bhd Days Payable Chart

Aimflex Bhd Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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41.35

40.42

33.68

29.78

34.95

Aimflex 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															50.59	43.32	43.93	51.94	33.56

Competitive Comparison of Aimflex Bhd's Days Payable

For the Specialty Industrial Machinery subindustry, Aimflex 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.

Aimflex Bhd's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Aimflex Bhd's Days Payable distribution charts can be found below:

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

Aimflex 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.

Aimflex 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
=	( (4.136	+	6.636)	/	2 )	/	56.248	*	365
=	5.386					/	56.248	*	365
=	34.95

Aimflex 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
=	( (6.837	+	6.636)	/	2 )	/	18.319	*	365 / 4
=	6.7365					/	18.319	*	365 / 4
=	33.56

Aimflex Bhd Days Payable Related Terms

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Aimflex Bhd (XKLS:0209) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Aimflex Bhd (XKLS:0209) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

12-2, Jalan Persiaran Teknologi, Taman Teknologi Johor, Senai, MYS, 81400

Website

https://www.aimflex.com.my

Aimflex Bhd is an investment holding company. Through its subsidiaries, it is engaged in the design, development, manufacturing, and sale of specialized automation machines, supply of spare parts, and provision of maintenance and technical support services.

Aimflex Bhd (XKLS:0209) Headlines

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