Zecon Bhd (XKLS:7028) Days Payable : 2,894.81 (As of Mar. 2024)

View and export this data going back to 1997. Start your Free Trial

What is Zecon Bhd Days Payable?

Zecon Bhd's average Accounts Payable for the three months ended in Mar. 2024 was RM164.52 Mil. Zecon Bhd's Cost of Goods Sold for the three months ended in Mar. 2024 was RM5.19 Mil. Hence, Zecon Bhd's Days Payable for the three months ended in Mar. 2024 was 2,894.81.

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

XKLS:7028' s Days Payable Range Over the Past 10 Years
Min: 89.61 Med: 158.01 Max: 2353.66
Current: 2353.66

During the past 13 years, Zecon Bhd's highest Days Payable was 2353.66. The lowest was 89.61. And the median was 158.01.

XKLS:7028's Days Payable is ranked better than
98.44% of 1601 companies
in the Construction industry
Industry Median: 76.01 vs XKLS:7028: 2353.66

Zecon Bhd's Days Payable increased from Mar. 2023 (1,263.09) to Mar. 2024 (2,894.81). It may suggest that Zecon Bhd delayed paying its suppliers.

Zecon Bhd Days Payable Historical Data

The historical data trend for Zecon 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.

Zecon Bhd Days Payable Chart

Zecon Bhd Annual Data

Trend

Dec11

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

89.61

158.47

133.22

798.49

672.02

Zecon Bhd Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Sep21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															1,263.09	1,812.09	1,511.49	32,258.24	2,894.81

Competitive Comparison of Zecon Bhd's Days Payable

For the Engineering & Construction subindustry, Zecon 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.

Zecon Bhd's Days Payable Distribution in the Construction Industry

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

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

Zecon 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.

Zecon 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
=	( (99.43	+	64.61)	/	2 )	/	44.548	*	365
=	82.02					/	44.548	*	365
=	672.02

Zecon 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
=	( (64.61	+	264.431)	/	2 )	/	5.186	*	365 / 4
=	164.5205					/	5.186	*	365 / 4
=	2,894.81

Zecon Bhd Days Payable Related Terms

Thank you for viewing the detailed overview of Zecon Bhd's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Zecon Bhd (XKLS:7028) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Zecon Bhd (XKLS:7028) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Satok, Menara Zecon, Number 92, Lot 393, 8th Floor, Section 5 KTLD, Kuching, SWK, MYS, 93400

Website

https://www.zecon.com.my

Zecon Bhd provides civil engineering and building construction services. The company operates through the following business segments: Construction, Property Development, Service Concession, Property holding and Others. Its Construction segment engages in piling works, foundation engineering, and building construction. The Property Development segment engages in property holding and development. Service Concession segment engages in the construction, operation, and maintenance of the hospital. Its Other segment engages in management services. The firm derives the majority of its revenue from Service concession segment.

Zecon Bhd (XKLS:7028) Headlines

No Headlines