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Sarawak Cable Bhd (XKLS:5170) Days Payable : 88.72 (As of Feb. 2024)


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What is Sarawak Cable Bhd Days Payable?

Sarawak Cable Bhd's average Accounts Payable for the three months ended in Feb. 2024 was RM68.9 Mil. Sarawak Cable Bhd's Cost of Goods Sold for the three months ended in Feb. 2024 was RM70.9 Mil. Hence, Sarawak Cable Bhd's Days Payable for the three months ended in Feb. 2024 was 88.72.

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

XKLS:5170' s Days Payable Range Over the Past 10 Years
Min: 35.29   Med: 62.56   Max: 161.9
Current: 85

During the past 13 years, Sarawak Cable Bhd's highest Days Payable was 161.90. The lowest was 35.29. And the median was 62.56.

XKLS:5170's Days Payable is ranked better than
55.46% of 2937 companies
in the Industrial Products industry
Industry Median: 76.66 vs XKLS:5170: 85.00

Sarawak Cable Bhd's Days Payable declined from Feb. 2023 (101.42) to Feb. 2024 (88.72). It may suggest that Sarawak Cable Bhd accelerated paying its suppliers.


Sarawak Cable Bhd Days Payable Historical Data

The historical data trend for Sarawak Cable 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.

Sarawak Cable Bhd Days Payable Chart

Sarawak Cable Bhd Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 May23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 60.34 38.46 41.34 57.39 35.29

Sarawak Cable Bhd Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 101.42 86.63 71.04 74.65 88.72

Competitive Comparison of Sarawak Cable Bhd's Days Payable

For the Electrical Equipment & Parts subindustry, Sarawak Cable 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.


Sarawak Cable Bhd's Days Payable Distribution in the Industrial Products Industry

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

* The bar in red indicates where Sarawak Cable Bhd's Days Payable falls into.



Sarawak Cable 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.

Sarawak Cable Bhd's Days Payable for the fiscal year that ended in May. 2023 is calculated as

Days Payable (A: May. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2020 ) + Accounts Payable (A: May. 2023 )) / count ) / Cost of Goods Sold (A: May. 2023 )*Days in Period
=( (67.21 + 39.358) / 2 ) / 551.183*365
=53.284 / 551.183*365
=35.29

Sarawak Cable Bhd's Days Payable for the quarter that ended in Feb. 2024 is calculated as:

Days Payable (Q: Feb. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Nov. 2023 ) + Accounts Payable (Q: Feb. 2024 )) / count ) / Cost of Goods Sold (Q: Feb. 2024 )*Days in Period
=( (69.635 + 68.232) / 2 ) / 70.899*365 / 4
=68.9335 / 70.899*365 / 4
=88.72

* 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.


Sarawak Cable Bhd Days Payable Related Terms

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Sarawak Cable Bhd (XKLS:5170) Business Description

Traded in Other Exchanges
N/A
Address
Lot 767, Block 8, Jalan Bako, Muara Tebas Land District, Demak Laut Industrial Estate Phase III, Kuching, SWK, MYS, 93050
Sarawak Cable Bhd is a Malaysian based company. Together with its subsidiaries, the company manufactures cables and wires. It operates in four segments The Sale of power cables and conductors segment supplies power cables and conductors components, Sale of galvanized steel products, and steel structures segment supplies galvanized steel products and steel structures and galvanizing services. The transmission lines construction segment involves supply, installation, and commissioning of transmission line projects. And the corporate segment is involved in Group-level corporate and management services. The Sale of power cables and conductors segment is the key revenue generator for the group.

Sarawak Cable Bhd (XKLS:5170) Headlines

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