LTKM Bhd (XKLS:7085) Days Payable : 19.83 (As of Dec. 2023)

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What is LTKM Bhd Days Payable?

LTKM Bhd's average Accounts Payable for the three months ended in Dec. 2023 was RM11.2 Mil. LTKM Bhd's Cost of Goods Sold for the three months ended in Dec. 2023 was RM51.6 Mil. Hence, LTKM Bhd's Days Payable for the three months ended in Dec. 2023 was 19.83.

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

XKLS:7085' s Days Payable Range Over the Past 10 Years
Min: 10.86 Med: 17.93 Max: 23.07
Current: 22.18

During the past 13 years, LTKM Bhd's highest Days Payable was 23.07. The lowest was 10.86. And the median was 17.93.

XKLS:7085's Days Payable is ranked worse than
83.54% of 1786 companies
in the Consumer Packaged Goods industry
Industry Median: 46.08 vs XKLS:7085: 22.18

LTKM Bhd's Days Payable increased from Dec. 2022 (13.00) to Dec. 2023 (19.83). It may suggest that LTKM Bhd delayed paying its suppliers.

LTKM Bhd Days Payable Historical Data

The historical data trend for LTKM 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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LTKM Bhd Days Payable Chart

LTKM Bhd Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

Get a 7-Day Free Trial

18.37

17.48

18.54

12.85

12.80

LTKM 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															13.00	17.67	25.64	29.26	19.83

Competitive Comparison of LTKM Bhd's Days Payable

For the Farm Products subindustry, LTKM 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.

LTKM Bhd's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, LTKM Bhd's Days Payable distribution charts can be found below:

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

LTKM 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.

LTKM Bhd's Days Payable for the fiscal year that ended in Mar. 2023 is calculated as

	Days Payable (A: Mar. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2022 )	+	Accounts Payable (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (6.343	+	9.669)	/	2 )	/	228.36	*	365
=	8.006					/	228.36	*	365
=	12.80

LTKM 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
=	( (12.267	+	10.181)	/	2 )	/	51.636	*	365 / 4
=	11.224					/	51.636	*	365 / 4
=	19.83

LTKM Bhd Days Payable Related Terms

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LTKM Bhd (XKLS:7085) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » LTKM Bhd (XKLS:7085) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 102, Batu 1 ½, Jalan Meru, Klang, SGR, MYS, 41050

Website

https://www.ltkm.com.my

LTKM Bhd is engaged in investment holding and provision of management services. The business operates in segments that include the Production and Sale of Poultry and Related Products; which produces and sells chicken eggs, chickens, and organic fertilizers, Extraction and Sale of Sand; which mines and sells sand, Investment Holding; which invests in quoted and unquoted securities, and Property Development; which develops residential and commercial properties. The Production and Sale of Poultry and Related Products segment generates maximum revenue for the company. The organization caters only to the Malaysian market.

LTKM Bhd (XKLS:7085) Headlines

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