Lambo Group Bhd (XKLS:0018) Days Payable : 25.31 (As of Dec. 2023)

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What is Lambo Group Bhd Days Payable?

Lambo Group Bhd's average Accounts Payable for the three months ended in Dec. 2023 was RM1.78 Mil. Lambo Group Bhd's Cost of Goods Sold for the three months ended in Dec. 2023 was RM6.43 Mil. Hence, Lambo Group Bhd's Days Payable for the three months ended in Dec. 2023 was 25.31.

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

XKLS:0018' s Days Payable Range Over the Past 10 Years
Min: 1.06 Med: 120.1 Max: 625.16
Current: 61.3

During the past 13 years, Lambo Group Bhd's highest Days Payable was 625.16. The lowest was 1.06. And the median was 120.10.

XKLS:0018's Days Payable is ranked better than
53.65% of 1081 companies
in the Retail - Cyclical industry
Industry Median: 56.41 vs XKLS:0018: 61.30

Lambo Group Bhd's Days Payable declined from Dec. 2022 (59.90) to Dec. 2023 (25.31). It may suggest that Lambo Group Bhd accelerated paying its suppliers.

Lambo Group Bhd Days Payable Historical Data

The historical data trend for Lambo Group 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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Lambo Group Bhd Days Payable Chart

Lambo Group Bhd Annual Data

Trend

Jun11

Jun12

Jun13

Jun14

Jun15

Dec16

Dec17

Dec18

May21

Sep23

Days Payable

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120.10

1.43

1.22

1.06

12.30

Lambo Group Bhd Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Mar20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	Aug22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															59.90	172.31	109.26	41.28	25.31

Competitive Comparison of Lambo Group Bhd's Days Payable

For the Internet Retail subindustry, Lambo Group 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.

Lambo Group Bhd's Days Payable Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Lambo Group Bhd's Days Payable distribution charts can be found below:

* The bar in red indicates where Lambo Group Bhd's Days Payable falls into.

Lambo Group 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.

Lambo Group Bhd's Days Payable for the fiscal year that ended in Sep. 2023 is calculated as

	Days Payable (A: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: May. 2021 )	+	Accounts Payable (A: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (A: Sep. 2023 )	*	Days in Period
=	( (0.251	+	0.556)	/	2 )	/	11.97	*	365
=	0.4035					/	11.97	*	365
=	12.30

Lambo Group 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
=	( (0.556	+	3.012)	/	2 )	/	6.432	*	365 / 4
=	1.784					/	6.432	*	365 / 4
=	25.31

Lambo Group Bhd Days Payable Related Terms

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Lambo Group Bhd (XKLS:0018) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Lambo Group Bhd (XKLS:0018) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 8, Persiaran Tropicana, Lot 11.1, 11th Floor, Menara Lien Hoe, Petaling Jaya, SGR, MYS, 47410

Website

http://www.lambogroup.my

Lambo Group Bhd is a Malaysia-based company. Its segments are IT consultancy and E-commerce services, Logistic services, and Wholesale of shoe products. The IT consultancy and E-commerce service segment includes IT services to SMEs and Business to Customer platform e-commerce businesses. The Logistic services segment includes Provision for logistics and delivery of goods from transportation hubs to the final delivery destination. The Wholesale of shoe products segment includes the Provision of wholesale products and Business to Business platform.

Lambo Group Bhd (XKLS:0018) Headlines

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