Genting Plantations Bhd (XKLS:2291) Days Payable : 50.27 (As of Dec. 2023)

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What is Genting Plantations Bhd Days Payable?

Genting Plantations Bhd's average Accounts Payable for the three months ended in Dec. 2023 was RM320 Mil. Genting Plantations Bhd's Cost of Goods Sold for the three months ended in Dec. 2023 was RM581 Mil. Hence, Genting Plantations Bhd's Days Payable for the three months ended in Dec. 2023 was 50.27.

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

XKLS:2291' s Days Payable Range Over the Past 10 Years
Min: 17.84 Med: 27.14 Max: 91.81
Current: 58.68

During the past 13 years, Genting Plantations Bhd's highest Days Payable was 91.81. The lowest was 17.84. And the median was 27.14.

XKLS:2291's Days Payable is ranked better than
63.57% of 1787 companies
in the Consumer Packaged Goods industry
Industry Median: 45.77 vs XKLS:2291: 58.68

Genting Plantations Bhd's Days Payable declined from Dec. 2022 (54.55) to Dec. 2023 (50.27). It may suggest that Genting Plantations Bhd accelerated paying its suppliers.

Genting Plantations Bhd Days Payable Historical Data

The historical data trend for Genting Plantations 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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Genting Plantations Bhd Days Payable Chart

Genting Plantations Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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25.54

22.09

17.84

22.11

23.11

Genting Plantations 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															54.55	64.85	71.62	83.25	50.27

Competitive Comparison of Genting Plantations Bhd's Days Payable

For the Farm Products subindustry, Genting Plantations 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 Plantations Bhd's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Genting Plantations Bhd's Days Payable distribution charts can be found below:

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

Genting Plantations 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 Plantations 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
=	( (165.19	+	115.762)	/	2 )	/	2218.456	*	365
=	140.476					/	2218.456	*	365
=	23.11

Genting Plantations 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
=	( (524.339	+	115.762)	/	2 )	/	580.898	*	365 / 4
=	320.0505					/	580.898	*	365 / 4
=	50.27

Genting Plantations Bhd Days Payable Related Terms

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Genting Plantations Bhd (XKLS:2291) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Genting Plantations Bhd (XKLS:2291) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Sultan Ismail, 10th Floor, Wisma Genting, Kuala Lumpur, SGR, MYS, 50250

Website

https://www.gentingplantations.com

Genting Plantations Bhd is engaged in the oil palm plantation business. It operates in five segments: Plantation, which includes upstream activities relating to oil palm plantations in Malaysia and Indonesia; Property segment includes activities relating to property development and property investment; AgTech segment is into genomics research and development; Downstream Manufacturing segment related to manufacturing and sale of palm oil derivative products; and Others. Geographically, it operates in two segments, namely Malaysia and Indonesia, of which the vast majority of its revenue comes from Malaysia.

Genting Plantations Bhd (XKLS:2291) Headlines

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