Carlo Rino Group Bhd (XKLS:03016) Days Payable : 54.61 (As of Dec. 2023)

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What is Carlo Rino Group Bhd Days Payable?

Carlo Rino Group Bhd's average Accounts Payable for the six months ended in Dec. 2023 was RM5.5 Mil. Carlo Rino Group Bhd's Cost of Goods Sold for the six months ended in Dec. 2023 was RM18.4 Mil. Hence, Carlo Rino Group Bhd's Days Payable for the six months ended in Dec. 2023 was 54.61.

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

XKLS:03016' s Days Payable Range Over the Past 10 Years
Min: 4.58 Med: 16.18 Max: 70.21
Current: 70.21

During the past 8 years, Carlo Rino Group Bhd's highest Days Payable was 70.21. The lowest was 4.58. And the median was 16.18.

XKLS:03016's Days Payable is ranked better than
60.68% of 1025 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 56.44 vs XKLS:03016: 70.21

Carlo Rino Group Bhd's Days Payable increased from Dec. 2022 (51.05) to Dec. 2023 (54.61). It may suggest that Carlo Rino Group Bhd delayed paying its suppliers.

Carlo Rino Group Bhd Days Payable Historical Data

The historical data trend for Carlo Rino 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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Carlo Rino Group Bhd Days Payable Chart

Carlo Rino Group Bhd Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Payable

Get a 7-Day Free Trial

32.65

34.39

14.77

10.00

4.58

Carlo Rino Group Bhd Semi-Annual Data
	Jun16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial										66.39	40.95	51.05	52.07	54.61

Competitive Comparison of Carlo Rino Group Bhd's Days Payable

For the Footwear & Accessories subindustry, Carlo Rino 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.

Carlo Rino Group Bhd's Days Payable Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Carlo Rino Group Bhd's Days Payable distribution charts can be found below:

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

Carlo Rino 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.

Carlo Rino Group 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
=	( (0.83	+	0.26)	/	2 )	/	43.47	*	365
=	0.545					/	43.47	*	365
=	4.58

Carlo Rino 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: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (0.26	+	10.764)	/	2 )	/	18.419	*	365 / 2
=	5.512					/	18.419	*	365 / 2
=	54.61

Carlo Rino Group Bhd Days Payable Related Terms

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Carlo Rino Group Bhd (XKLS:03016) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Carlo Rino Group Bhd (XKLS:03016) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 160, Jalan Cerdas, Taman Connaught, L2-05, 2nd Floor, Ikon Connaught, Wilayah Persekutuan, Kuala Lumpur, MYS, 56000

Website

https://www.carlorino.net

Carlo Rino Group Bhd is an investment holding company whose subsidiaries are principally involved in the design, marketing and retailing of women footwear, handbags and accessories; and provision of management services in Malaysia.

Carlo Rino Group Bhd (XKLS:03016) Headlines

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