Ta Win Holdings Bhd (XKLS:7097) Days Payable : 11.94 (As of Dec. 2023)

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What is Ta Win Holdings Bhd Days Payable?

Ta Win Holdings Bhd's average Accounts Payable for the three months ended in Dec. 2023 was RM18.1 Mil. Ta Win Holdings Bhd's Cost of Goods Sold for the three months ended in Dec. 2023 was RM138.2 Mil. Hence, Ta Win Holdings Bhd's Days Payable for the three months ended in Dec. 2023 was 11.94.

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

XKLS:7097' s Days Payable Range Over the Past 10 Years
Min: 0.36 Med: 10.45 Max: 29.61
Current: 10.84

During the past 13 years, Ta Win Holdings Bhd's highest Days Payable was 29.61. The lowest was 0.36. And the median was 10.45.

XKLS:7097's Days Payable is ranked worse than
98.26% of 2936 companies
in the Industrial Products industry
Industry Median: 76.765 vs XKLS:7097: 10.84

Ta Win Holdings Bhd's Days Payable increased from Dec. 2022 (6.22) to Dec. 2023 (11.94). It may suggest that Ta Win Holdings Bhd delayed paying its suppliers.

Ta Win Holdings Bhd Days Payable Historical Data

The historical data trend for Ta Win Holdings 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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Ta Win Holdings Bhd Days Payable Chart

Ta Win Holdings Bhd Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Jun20

Jun21

Jun22

Jun23

Days Payable

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0.36

2.09

7.31

9.69

8.21

Ta Win Holdings Bhd Quarterly Data
	Sep18	Mar19	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															6.22	8.73	13.49	7.59	11.94

Competitive Comparison of Ta Win Holdings Bhd's Days Payable

For the Electrical Equipment & Parts subindustry, Ta Win Holdings 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.

Ta Win Holdings Bhd's Days Payable Distribution in the Industrial Products Industry

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

* The bar in red indicates where Ta Win Holdings Bhd's Days Payable falls into.

Ta Win Holdings 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.

Ta Win Holdings 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
=	( (11.046	+	16.948)	/	2 )	/	621.942	*	365
=	13.997					/	621.942	*	365
=	8.21

Ta Win Holdings 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
=	( (9.625	+	26.554)	/	2 )	/	138.247	*	365 / 4
=	18.0895					/	138.247	*	365 / 4
=	11.94

Ta Win Holdings Bhd Days Payable Related Terms

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Ta Win Holdings Bhd (XKLS:7097) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Ta Win Holdings Bhd (XKLS:7097) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

7097PA.PFD:Malaysia

Address

Jalan Stesen Sentral 2, Unit 26-11 and 26-12, Level 26, Q Sentral, Kuala Lumpur, SGR, MYS, 50470

Website

https://www.ta-win.com

Ta Win Holdings Bhd is an investment holding company which is engaged in the provision of management services. It is carried out in Malaysia, Hong Kong and the People's Republic of China. The company's subsidiaries are engaged in investment holding, manufacturing and exporting enamelled copper wires and copper rods to various markets, licensed manufacturing warehouses and trading of enamelled copper wire. The majority of its revenue is derived from Malaysia.

Ta Win Holdings Bhd (XKLS:7097) Headlines

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