Hil Industries Bhd (XKLS:8443) Days Payable : 73.71 (As of Dec. 2023)

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What is Hil Industries Bhd Days Payable?

Hil Industries Bhd's average Accounts Payable for the three months ended in Dec. 2023 was RM32.3 Mil. Hil Industries Bhd's Cost of Goods Sold for the three months ended in Dec. 2023 was RM40.0 Mil. Hence, Hil Industries Bhd's Days Payable for the three months ended in Dec. 2023 was 73.71.

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

XKLS:8443' s Days Payable Range Over the Past 10 Years
Min: 32.79 Med: 57.14 Max: 83.61
Current: 83.61

During the past 13 years, Hil Industries Bhd's highest Days Payable was 83.61. The lowest was 32.79. And the median was 57.14.

XKLS:8443's Days Payable is ranked better than
54.53% of 2936 companies
in the Industrial Products industry
Industry Median: 76.705 vs XKLS:8443: 83.61

Hil Industries Bhd's Days Payable declined from Dec. 2022 (93.58) to Dec. 2023 (73.71). It may suggest that Hil Industries Bhd accelerated paying its suppliers.

Hil Industries Bhd Days Payable Historical Data

The historical data trend for Hil Industries 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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Hil Industries Bhd Days Payable Chart

Hil Industries Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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32.79

50.80

68.13

60.37

Hil Industries 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															93.58	95.03	103.78	89.13	73.71

Competitive Comparison of Hil Industries Bhd's Days Payable

For the Metal Fabrication subindustry, Hil Industries 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.

Hil Industries Bhd's Days Payable Distribution in the Industrial Products Industry

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

* The bar in red indicates where Hil Industries Bhd's Days Payable falls into.

Hil Industries 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.

Hil Industries 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
=	( (22.883	+	23.929)	/	2 )	/	141.505	*	365
=	23.406					/	141.505	*	365
=	60.37

Hil Industries 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
=	( (40.652	+	23.929)	/	2 )	/	39.975	*	365 / 4
=	32.2905					/	39.975	*	365 / 4
=	73.71

Hil Industries Bhd Days Payable Related Terms

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Hil Industries Bhd (XKLS:8443) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Hil Industries Bhd (XKLS:8443) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lot 3, Jalan Lada Sulah 16/11, Section 16, Shah Alam, SGR, MYS, 40000

Website

https://www.hil.com.my

Hil Industries Bhd is a manufacturer and seller of industrial and domestic moulded plastic products. The company's reportable segment include: Manufacturing; Property development and management; and Trading, services and others. The Manufacturing segment engages in the manufacture and sale of industrial and domestic moulded plastic products. The Property development and management segment is involved in the development of residential, commercial and light industrial properties, and letting out of properties and provision of property management services. Trading, services and others segment includes general trading. The company generates key revenue from the Manufacturing segment. It has a business presence in Malaysia, the PRC and Taiwan.

Hil Industries Bhd (XKLS:8443) Headlines

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