AEON Credit Service (M) Bhd (XKLS:5139) Days Payable : 11.24 (As of Feb. 2024)

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What is AEON Credit Service (M) Bhd Days Payable?

AEON Credit Service (M) Bhd's average Accounts Payable for the three months ended in Feb. 2024 was RM39 Mil. AEON Credit Service (M) Bhd's Cost of Goods Sold for the three months ended in Feb. 2024 was RM313 Mil. Hence, AEON Credit Service (M) Bhd's Days Payable for the three months ended in Feb. 2024 was 11.24.

The historical rank and industry rank for AEON Credit Service (M) Bhd's Days Payable or its related term are showing as below:

XKLS:5139' s Days Payable Range Over the Past 10 Years
Min: 16.35 Med: 21.63 Max: 85.01
Current: 23.8

During the past 13 years, AEON Credit Service (M) Bhd's highest Days Payable was 85.01. The lowest was 16.35. And the median was 21.63.

XKLS:5139's Days Payable is ranked worse than
67.14% of 283 companies
in the Credit Services industry
Industry Median: 48.78 vs XKLS:5139: 23.80

AEON Credit Service (M) Bhd's Days Payable increased from Feb. 2023 (9.91) to Feb. 2024 (11.24). It may suggest that AEON Credit Service (M) Bhd delayed paying its suppliers.

AEON Credit Service (M) Bhd Days Payable Historical Data

The historical data trend for AEON Credit Service (M) 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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AEON Credit Service (M) Bhd Days Payable Chart

AEON Credit Service (M) Bhd Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Days Payable

Get a 7-Day Free Trial

20.15

18.80

16.35

21.13

23.59

AEON Credit Service (M) Bhd Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Days Payable	Get a 7-Day Free Trial															9.91	38.47	40.83	37.76	11.24

Competitive Comparison of AEON Credit Service (M) Bhd's Days Payable

For the Credit Services subindustry, AEON Credit Service (M) 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.

AEON Credit Service (M) Bhd's Days Payable Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, AEON Credit Service (M) Bhd's Days Payable distribution charts can be found below:

* The bar in red indicates where AEON Credit Service (M) Bhd's Days Payable falls into.

AEON Credit Service (M) 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.

AEON Credit Service (M) Bhd's Days Payable for the fiscal year that ended in Feb. 2024 is calculated as

	Days Payable (A: Feb. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Feb. 2023 )	+	Accounts Payable (A: Feb. 2024 ))	/	count )	/	Cost of Goods Sold (A: Feb. 2024 )	*	Days in Period
=	( (32.51	+	41.644)	/	2 )	/	573.585	*	365
=	37.077					/	573.585	*	365
=	23.59

AEON Credit Service (M) Bhd's Days Payable for the quarter that ended in Feb. 2024 is calculated as:

	Days Payable (Q: Feb. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Nov. 2023 )	+	Accounts Payable (Q: Feb. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Feb. 2024 )	*	Days in Period
=	( (35.516	+	41.644)	/	2 )	/	313.167	*	365 / 4
=	38.58					/	313.167	*	365 / 4
=	11.24

AEON Credit Service (M) Bhd Days Payable Related Terms

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AEON Credit Service (M) Bhd (XKLS:5139) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » AEON Credit Service (M) Bhd (XKLS:5139) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 8, Jalan Kerinchi, Avenue 10, Level 18, UOA Corporate Tower, The Vertical, Bangsar South City, Wilayah Persekutuan, Kuala Lumpur, SGR, MYS, 59200

Website

https://www.aeoncredit.com.my

AEON Credit Service (M) Bhd offers credit cards and other loans and financing options to consumers in Malaysia. The company earns more than 80% of its revenue from interest and financing charges on the loans it provides. Fees provide the remaining revenue. Vehicle financing, with a roughly even split between cars and motorcycles, accounts for more than half of the loans the company has outstanding. Remaining loans outstanding are in the personal financing, consumer durables financing, and credit card categories. Aeon Credit issues credit cards under the Visa and Mastercard brand names.

AEON Credit Service (M) Bhd (XKLS:5139) Headlines

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