P.A. Resources Bhd (XKLS:7225) Days Payable : 5.58 (As of Dec. 2023)

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What is P.A. Resources Bhd Days Payable?

P.A. Resources Bhd's average Accounts Payable for the three months ended in Dec. 2023 was RM7.8 Mil. P.A. Resources Bhd's Cost of Goods Sold for the three months ended in Dec. 2023 was RM128.1 Mil. Hence, P.A. Resources Bhd's Days Payable for the three months ended in Dec. 2023 was 5.58.

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

XKLS:7225' s Days Payable Range Over the Past 10 Years
Min: 7.4 Med: 23.01 Max: 49.77
Current: 7.4

During the past 13 years, P.A. Resources Bhd's highest Days Payable was 49.77. The lowest was 7.40. And the median was 23.01.

XKLS:7225's Days Payable is ranked worse than
98.91% of 2931 companies
in the Industrial Products industry
Industry Median: 76.43 vs XKLS:7225: 7.40

P.A. Resources Bhd's Days Payable declined from Dec. 2022 (6.00) to Dec. 2023 (5.58). It may suggest that P.A. Resources Bhd accelerated paying its suppliers.

P.A. Resources Bhd Days Payable Historical Data

The historical data trend for P.A. 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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P.A. Resources Bhd Days Payable Chart

P.A. Resources Bhd Annual Data

Trend

Mar13

Mar14

Mar15

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Payable

Get a 7-Day Free Trial

14.56

13.48

13.03

10.81

9.94

P.A. Resources 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															6.00	10.00	8.46	7.41	5.58

Competitive Comparison of P.A. Resources Bhd's Days Payable

For the Metal Fabrication subindustry, P.A. 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.

P.A. Resources Bhd's Days Payable Distribution in the Industrial Products Industry

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

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

P.A. 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.

P.A. Resources Bhd's Days Payable for the fiscal year that ended in Jun. 2023 is calculated as

	Days Payable (A: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2022 )	+	Accounts Payable (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (13.34	+	8.69)	/	2 )	/	404.605	*	365
=	11.015					/	404.605	*	365
=	9.94

P.A. 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: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (9.889	+	5.772)	/	2 )	/	128.119	*	365 / 4
=	7.8305					/	128.119	*	365 / 4
=	5.58

P.A. Resources Bhd Days Payable Related Terms

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P.A. Resources Bhd (XKLS:7225) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » P.A. Resources Bhd (XKLS:7225) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Kuala Selangor, Lot 424 and 440, Kampung Batu 8, Ijok, Kuala Selangor, SGR, MYS, 45620

Website

http://www.pagroup.com.my

P.A. Resources Bhd is an aluminium extruder company that produces semi-finished aluminium products which are into aluminium smelting, producing aluminium billets. The company's operating segment includes aluminium extrusion and fabrication; aluminium billet casting and tolling; Money lending and others. It generates maximum revenue from the aluminium extrusion and fabrication segment. The company's product is used in the electrical and electronics, furniture, and consumer durables industries. Geographically, it derives a majority of its revenue from the United States of America.

P.A. Resources Bhd (XKLS:7225) Headlines

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