Euro Holdings Bhd (XKLS:7208) Days Payable : 22.80 (As of Mar. 2024)

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What is Euro Holdings Bhd Days Payable?

Euro Holdings Bhd's average Accounts Payable for the three months ended in Mar. 2024 was RM1.51 Mil. Euro Holdings Bhd's Cost of Goods Sold for the three months ended in Mar. 2024 was RM6.02 Mil. Hence, Euro Holdings Bhd's Days Payable for the three months ended in Mar. 2024 was 22.80.

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

XKLS:7208' s Days Payable Range Over the Past 10 Years
Min: 11.82 Med: 71.61 Max: 116.42
Current: 11.82

During the past 13 years, Euro Holdings Bhd's highest Days Payable was 116.42. The lowest was 11.82. And the median was 71.61.

XKLS:7208's Days Payable is ranked worse than
99.26% of 405 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 69.13 vs XKLS:7208: 11.82

Euro Holdings Bhd's Days Payable increased from Sep. 2022 (21.54) to Mar. 2024 (22.80). It may suggest that Euro Holdings Bhd delayed paying its suppliers.

Euro Holdings Bhd Days Payable Historical Data

The historical data trend for Euro 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.

* Premium members only.

Euro Holdings Bhd Days Payable Chart

Euro Holdings Bhd Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Days Payable

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116.42

112.70

71.03

87.94

95.38

Euro Holdings Bhd Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Mar23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															21.54	26.29	10.32	2.00	22.80

Competitive Comparison of Euro Holdings Bhd's Days Payable

For the Furnishings, Fixtures & Appliances subindustry, Euro 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.

Euro Holdings Bhd's Days Payable Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Euro Holdings Bhd's Days Payable distribution charts can be found below:

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

Euro 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.

Euro Holdings Bhd's Days Payable for the fiscal year that ended in Dec. 2020 is calculated as

	Days Payable (A: Dec. 2020 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2019 )	+	Accounts Payable (A: Dec. 2020 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2020 )	*	Days in Period
=	( (13.818	+	13.21)	/	2 )	/	51.715	*	365
=	13.514					/	51.715	*	365
=	95.38

Euro 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
=	( (0.857	+	2.153)	/	2 )	/	6.024	*	365 / 4
=	1.505					/	6.024	*	365 / 4
=	22.80

Euro Holdings Bhd Days Payable Related Terms

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Euro Holdings Bhd (XKLS:7208) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Euro Holdings Bhd (XKLS:7208) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lot 20111, Jalan TTC12, Menara Euro, Kawasan Perindustrian Cheng, Mukim Cheng, Daerah Melaka Tengah, Melaka, MLA, MYS, 48000

Website

http://www.euroholdings.com.my

Euro Holdings Bhd is a Malaysia based company engaged in the manufacturing and trading of office furniture and steel. The business activity of the firm is functioned through Manufacturing and trading, Property development, and Others. The company's activities include Manufacturing and trading of office furniture, Property development of residential properties, and Investment holding operations. It offers products related to office furniture, fabric materials, partitions, steel furniture, chairs, and panels. The group derives key revenue from the Manufacturing and trading segment. The company geographically operates in Malaysia, Hong Kong, India, Middle East, Thailand and others.

Euro Holdings Bhd (XKLS:7208) Headlines

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