Apex Healthcare Bhd (XKLS:7090) Days Payable : 67.78 (As of Mar. 2024)

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What is Apex Healthcare Bhd Days Payable?

Apex Healthcare Bhd's average Accounts Payable for the three months ended in Mar. 2024 was RM142.9 Mil. Apex Healthcare Bhd's Cost of Goods Sold for the three months ended in Mar. 2024 was RM192.4 Mil. Hence, Apex Healthcare Bhd's Days Payable for the three months ended in Mar. 2024 was 67.78.

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

XKLS:7090' s Days Payable Range Over the Past 10 Years
Min: 53.76 Med: 55.95 Max: 102.52
Current: 102.52

During the past 13 years, Apex Healthcare Bhd's highest Days Payable was 102.52. The lowest was 53.76. And the median was 55.95.

XKLS:7090's Days Payable is ranked better than
65.59% of 93 companies
in the Medical Distribution industry
Industry Median: 72.99 vs XKLS:7090: 102.52

Apex Healthcare Bhd's Days Payable declined from Dec. 2022 (72.27) to Mar. 2024 (67.78). It may suggest that Apex Healthcare Bhd accelerated paying its suppliers.

Apex Healthcare Bhd Days Payable Historical Data

The historical data trend for Apex Healthcare 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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Apex Healthcare Bhd Days Payable Chart

Apex Healthcare Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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54.80

53.76

55.54

56.35

55.11

Apex Healthcare Bhd Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															72.27	66.44	87.28	68.98	67.78

Competitive Comparison of Apex Healthcare Bhd's Days Payable

For the Medical Distribution subindustry, Apex Healthcare 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.

Apex Healthcare Bhd's Days Payable Distribution in the Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Apex Healthcare Bhd's Days Payable distribution charts can be found below:

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

Apex Healthcare 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.

Apex Healthcare 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
=	( (107.161	+	110.679)	/	2 )	/	721.341	*	365
=	108.92					/	721.341	*	365
=	55.11

Apex Healthcare Bhd's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (110.679	+	175.184)	/	2 )	/	192.413	*	365 / 4
=	142.9315					/	192.413	*	365 / 4
=	67.78

Apex Healthcare Bhd Days Payable Related Terms

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Apex Healthcare Bhd (XKLS:7090) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Distribution » Apex Healthcare Bhd (XKLS:7090) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-5 Jalan TTC 1, Cheng Industrial Estate, Melaka, MLA, MYS, 75250

Website

https://www.apexhealthcare.com.my

Apex Healthcare Bhd is an investment holding company for a group of companies engaged in the development, manufacturing, marketing, and distribution of pharmaceuticals, diagnostics, consumer healthcare products, and orthopedic devices. It has direct operations in Malaysia, Singapore and Others. The company has two manufacturing plants in Melaka and Penang. It has three segments: Manufacturing and marketing of pharmaceutical products; Wholesale and distribution of pharmaceutical and healthcare products; and Corporate comprising investments, properties, and others.

Apex Healthcare Bhd (XKLS:7090) Headlines

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