APB Resources Bhd (XKLS:5568) Days Payable : 56.01 (As of Dec. 2023)

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What is APB Resources Bhd Days Payable?

APB Resources Bhd's average Accounts Payable for the three months ended in Dec. 2023 was RM8.75 Mil. APB Resources Bhd's Cost of Goods Sold for the three months ended in Dec. 2023 was RM14.26 Mil. Hence, APB Resources Bhd's Days Payable for the three months ended in Dec. 2023 was 56.01.

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

XKLS:5568' s Days Payable Range Over the Past 10 Years
Min: 19.44 Med: 33.48 Max: 88.01
Current: 88.01

During the past 13 years, APB Resources Bhd's highest Days Payable was 88.01. The lowest was 19.44. And the median was 33.48.

XKLS:5568's Days Payable is ranked better than
56.78% of 2936 companies
in the Industrial Products industry
Industry Median: 76.705 vs XKLS:5568: 88.01

APB Resources Bhd's Days Payable increased from Sep. 2022 (55.23) to Dec. 2023 (56.01). It may suggest that APB Resources Bhd delayed paying its suppliers.

APB Resources Bhd Days Payable Historical Data

The historical data trend for APB 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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APB Resources Bhd Days Payable Chart

APB Resources Bhd Annual Data

Trend

Sep12

Sep13

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Days Payable

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34.72

19.44

29.23

27.35

32.24

APB Resources Bhd Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial															55.23	46.16	91.92	61.87	56.01

Competitive Comparison of APB Resources Bhd's Days Payable

For the Metal Fabrication subindustry, APB 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.

APB Resources Bhd's Days Payable Distribution in the Industrial Products Industry

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

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

APB 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.

APB Resources Bhd's Days Payable for the fiscal year that ended in Sep. 2021 is calculated as

	Days Payable (A: Sep. 2021 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Sep. 2020 )	+	Accounts Payable (A: Sep. 2021 ))	/	count )	/	Cost of Goods Sold (A: Sep. 2021 )	*	Days in Period
=	( (4.857	+	2.952)	/	2 )	/	44.2	*	365
=	3.9045					/	44.2	*	365
=	32.24

APB 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: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (11.709	+	5.799)	/	2 )	/	14.263	*	365 / 4
=	8.754					/	14.263	*	365 / 4
=	56.01

APB Resources Bhd Days Payable Related Terms

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APB Resources Bhd (XKLS:5568) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » APB Resources Bhd (XKLS:5568) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 47 (Lot 540), Jalan TUDM, Kampung Baru Subang, Seksyen U6, Shah Alam, SGR, MYS, 40150

Website

https://www.apb-resources.com

APB Resources Bhd is an investment holding company. The company is involved in the fabrication of process equipment for the oleo-chemical, oil & gas, energy, and petrochemical industries. The company operates in three segments: Fabrication, which accounts for the majority of revenue; Non-destructive testing; and Others. The fabrication segment includes the designing and manufacturing of engineering equipment. It caters to different industries such as the petrochemical process, chemical, oil palm processing, paper mill, and power generation industry. Geographically, it derives a majority of its revenue from Malaysia.

APB Resources Bhd (XKLS:5568) Headlines

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