MN Holdings Bhd (XKLS:0245) Days Payable : 77.04 (As of Dec. 2023)

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What is MN Holdings Bhd Days Payable?

MN Holdings Bhd's average Accounts Payable for the three months ended in Dec. 2023 was RM52.5 Mil. MN Holdings Bhd's Cost of Goods Sold for the three months ended in Dec. 2023 was RM62.1 Mil. Hence, MN Holdings Bhd's Days Payable for the three months ended in Dec. 2023 was 77.04.

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

XKLS:0245' s Days Payable Range Over the Past 10 Years
Min: 101.85 Med: 126.39 Max: 176.34
Current: 101.85

During the past 6 years, MN Holdings Bhd's highest Days Payable was 176.34. The lowest was 101.85. And the median was 126.39.

XKLS:0245's Days Payable is ranked better than
64.07% of 1603 companies
in the Construction industry
Industry Median: 75.22 vs XKLS:0245: 101.85

MN Holdings Bhd's Days Payable declined from Dec. 2022 (123.63) to Dec. 2023 (77.04). It may suggest that MN Holdings Bhd accelerated paying its suppliers.

MN Holdings Bhd Days Payable Historical Data

The historical data trend for MN 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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MN Holdings Bhd Days Payable Chart

MN Holdings Bhd Annual Data

Trend

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Payable

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111.38

151.97

132.28

176.34

120.50

MN Holdings Bhd Quarterly Data
	Jun18	Jun19	Jun20	Jun21	Oct21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial								123.63	125.63	112.82	100.54	77.04

Competitive Comparison of MN Holdings Bhd's Days Payable

For the Engineering & Construction subindustry, MN 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.

MN Holdings Bhd's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, MN Holdings Bhd's Days Payable distribution charts can be found below:

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

MN 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.

MN 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
=	( (36.11	+	50.178)	/	2 )	/	130.687	*	365
=	43.144					/	130.687	*	365
=	120.50

MN 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
=	( (47.324	+	57.594)	/	2 )	/	62.135	*	365 / 4
=	52.459					/	62.135	*	365 / 4
=	77.04

MN Holdings Bhd Days Payable Related Terms

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MN Holdings Bhd (XKLS:0245) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » MN Holdings Bhd (XKLS:0245) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan USJ 25/1B, F-07-01, Garden Shoppe One City, Subang Jaya, SGR, MYS, 47650

Website

https://www.mnholdings.com.my

MN Holdings Bhd is principally involved in the provision of infrastructure utility services comprising underground utilities engineering services and solutions; substation engineering services and solutions and Investment holding. It generates maximum revenue from the underground utilities engineering segment, which is engaged in the provision of underground utilities engineering services and solutions. The Substation engineering segment is engaged in the provision of substation engineering services and solutions and trading and supplying.

MN Holdings Bhd (XKLS:0245) Headlines

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