WMG Holdings Bhd (XKLS:6378) Days Payable : 129.81 (As of Mar. 2024)

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What is WMG Holdings Bhd Days Payable?

WMG Holdings Bhd's average Accounts Payable for the three months ended in Mar. 2024 was RM27.2 Mil. WMG Holdings Bhd's Cost of Goods Sold for the three months ended in Mar. 2024 was RM19.1 Mil. Hence, WMG Holdings Bhd's Days Payable for the three months ended in Mar. 2024 was 129.81.

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

XKLS:6378' s Days Payable Range Over the Past 10 Years
Min: 12.47 Med: 143.26 Max: 462.48
Current: 111.28

During the past 13 years, WMG Holdings Bhd's highest Days Payable was 462.48. The lowest was 12.47. And the median was 143.26.

XKLS:6378's Days Payable is ranked better than
73.8% of 374 companies
in the Building Materials industry
Industry Median: 66.17 vs XKLS:6378: 111.28

WMG Holdings Bhd's Days Payable increased from Mar. 2023 (119.51) to Mar. 2024 (129.81). It may suggest that WMG Holdings Bhd delayed paying its suppliers.

WMG Holdings Bhd Days Payable Historical Data

The historical data trend for WMG Holdings 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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WMG Holdings Bhd Days Payable Chart

WMG Holdings Bhd Annual Data

Trend

Mar14

Mar15

Mar16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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211.41

204.89

153.70

132.81

78.30

WMG Holdings Bhd Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															119.51	146.73	77.37	104.81	129.81

Competitive Comparison of WMG Holdings Bhd's Days Payable

For the Building Materials subindustry, WMG Holdings 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.

WMG Holdings Bhd's Days Payable Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, WMG Holdings Bhd's Days Payable distribution charts can be found below:

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

WMG Holdings 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.

WMG Holdings 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
=	( (20.51	+	19.947)	/	2 )	/	94.298	*	365
=	20.2285					/	94.298	*	365
=	78.30

WMG Holdings Bhd's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (19.947	+	34.434)	/	2 )	/	19.114	*	365 / 4
=	27.1905					/	19.114	*	365 / 4
=	129.81

WMG Holdings Bhd Days Payable Related Terms

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WMG Holdings Bhd (XKLS:6378) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » WMG Holdings Bhd (XKLS:6378) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Wisma WMG, Lot 1 & 2, Jalan Indah Jaya, Taman Indah Jaya, Jalan Lintas Selatan, Sandakan, SBH, MYS, 90000

Website

https://www.wmghb.com.my

WMG Holdings Bhd is a Malaysia-based investment holding company. The company operates in three reportable segments namely the Property development segment, which includes the development of residential and commercial properties, property letting, and property management; Hardware, building materials, and related goods segment, which includes wholesaling and retailing of hardware, building materials, and related goods; and others segment. The company's projects are located in Kota Kinabalu and Sandakan.

WMG Holdings Bhd (XKLS:6378) Headlines

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