Sarawak Oil Palms Bhd (XKLS:5126) Days Payable : 19.08 (As of Dec. 2023)

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What is Sarawak Oil Palms Bhd Days Payable?

Sarawak Oil Palms Bhd's average Accounts Payable for the three months ended in Dec. 2023 was RM206 Mil. Sarawak Oil Palms Bhd's Cost of Goods Sold for the three months ended in Dec. 2023 was RM986 Mil. Hence, Sarawak Oil Palms Bhd's Days Payable for the three months ended in Dec. 2023 was 19.08.

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

XKLS:5126' s Days Payable Range Over the Past 10 Years
Min: 11.2 Med: 15.95 Max: 44.32
Current: 17.81

During the past 13 years, Sarawak Oil Palms Bhd's highest Days Payable was 44.32. The lowest was 11.20. And the median was 15.95.

XKLS:5126's Days Payable is ranked worse than
88.7% of 1788 companies
in the Consumer Packaged Goods industry
Industry Median: 45.795 vs XKLS:5126: 17.81

Sarawak Oil Palms Bhd's Days Payable declined from Dec. 2022 (26.41) to Dec. 2023 (19.08). It may suggest that Sarawak Oil Palms Bhd accelerated paying its suppliers.

Sarawak Oil Palms Bhd Days Payable Historical Data

The historical data trend for Sarawak Oil Palms 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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Sarawak Oil Palms Bhd Days Payable Chart

Sarawak Oil Palms Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

13.91

15.13

11.94

11.78

11.20

Sarawak Oil Palms 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															26.41	15.82	21.16	21.78	19.08

Competitive Comparison of Sarawak Oil Palms Bhd's Days Payable

For the Farm Products subindustry, Sarawak Oil Palms 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.

Sarawak Oil Palms Bhd's Days Payable Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Sarawak Oil Palms Bhd's Days Payable falls into.

Sarawak Oil Palms 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.

Sarawak Oil Palms 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
=	( (146.358	+	122.479)	/	2 )	/	4379.258	*	365
=	134.4185					/	4379.258	*	365
=	11.20

Sarawak Oil Palms 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
=	( (289.678	+	122.479)	/	2 )	/	985.724	*	365 / 4
=	206.0785					/	985.724	*	365 / 4
=	19.08

Sarawak Oil Palms Bhd Days Payable Related Terms

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Sarawak Oil Palms Bhd (XKLS:5126) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Sarawak Oil Palms Bhd (XKLS:5126) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 124-126, Jalan Bendahara, P.O. Box 547, Miri, SWK, MYS, 98000

Website

https://www.sop.com.my

Sarawak Oil Palms Bhd is a Malaysia-based company engaged in the principal activities of investment holding, cultivation of oil palms, and operations of palm oil mills. The primary businesses of the company are oil palm plantation, milling, refining of oil palm products, and trading of oil palm products. The operating segments of the group are Oil Palms and Property development. Its Oil Palms segment contributes majorly to the group's revenue. The company's geographical segments include Malaysia, Asia-Pacific, and Others.

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