Excel Force MSC Bhd (XKLS:0065) Days Payable : 162.58 (As of Mar. 2024)

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What is Excel Force MSC Bhd Days Payable?

Excel Force MSC Bhd's average Accounts Payable for the three months ended in Mar. 2024 was RM4.20 Mil. Excel Force MSC Bhd's Cost of Goods Sold for the three months ended in Mar. 2024 was RM2.36 Mil. Hence, Excel Force MSC Bhd's Days Payable for the three months ended in Mar. 2024 was 162.58.

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

XKLS:0065' s Days Payable Range Over the Past 10 Years
Min: 12.85 Med: 18.56 Max: 196.69
Current: 196.69

During the past 13 years, Excel Force MSC Bhd's highest Days Payable was 196.69. The lowest was 12.85. And the median was 18.56.

XKLS:0065's Days Payable is ranked better than
83.52% of 2531 companies
in the Software industry
Industry Median: 50.13 vs XKLS:0065: 196.69

Excel Force MSC Bhd's Days Payable increased from Sep. 2022 (145.29) to Mar. 2024 (162.58). It may suggest that Excel Force MSC Bhd delayed paying its suppliers.

Excel Force MSC Bhd Days Payable Historical Data

The historical data trend for Excel Force MSC 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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Excel Force MSC Bhd Days Payable Chart

Excel Force MSC Bhd Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Days Payable

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14.91

18.48

12.85

22.32

18.04

Excel Force MSC Bhd Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Mar23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															145.29	160.93	132.17	147.88	162.58

Competitive Comparison of Excel Force MSC Bhd's Days Payable

For the Software - Application subindustry, Excel Force MSC 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.

Excel Force MSC Bhd's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, Excel Force MSC Bhd's Days Payable distribution charts can be found below:

* The bar in red indicates where Excel Force MSC Bhd's Days Payable falls into.

Excel Force MSC 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.

Excel Force MSC Bhd's Days Payable for the fiscal year that ended in Dec. 2020 is calculated as

	Days Payable (A: Dec. 2020 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2019 )	+	Accounts Payable (A: Dec. 2020 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2020 )	*	Days in Period
=	( (0.746	+	0.282)	/	2 )	/	10.397	*	365
=	0.514					/	10.397	*	365
=	18.04

Excel Force MSC 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
=	( (4.932	+	3.467)	/	2 )	/	2.357	*	365 / 4
=	4.1995					/	2.357	*	365 / 4
=	162.58

Excel Force MSC Bhd Days Payable Related Terms

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Excel Force MSC Bhd (XKLS:0065) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Excel Force MSC Bhd (XKLS:0065) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Number 8, Jalan Damansara, PJU 8, Level 31, MYEG Tower, Empire City, Petaling Jaya, SGR, MYS, 47820

Website

https://www.excelforce.com.my

Excel Force MSC Bhd is an information technology solution provider involved in the design, development, deployment, and maintenance of application and system solutions for the financial services industry, stockbroking, and investment banks. The company operates through three segments, Application Solutions, Maintenance Services, and Application Services Provider. The majority of the revenue is generated from the Application services provider division which generates revenue from outsourcing services charge which is volume and transaction-based. Its products include CyberBroker Front Office, CyberBroker Middle Office, CyberBroker Back Office, StockBanking System, and Fundamental Analysis System. The company operates in Malaysia, Singapore, and other countries.

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