Mtouche Technology Bhd (XKLS:0092) Days Payable : 149.53 (As of Dec. 2023)

View and export this data going back to 2005. Start your Free Trial

What is Mtouche Technology Bhd Days Payable?

Mtouche Technology Bhd's average Accounts Payable for the three months ended in Dec. 2023 was RM8.08 Mil. Mtouche Technology Bhd's Cost of Goods Sold for the three months ended in Dec. 2023 was RM4.93 Mil. Hence, Mtouche Technology Bhd's Days Payable for the three months ended in Dec. 2023 was 149.53.

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

XKLS:0092' s Days Payable Range Over the Past 10 Years
Min: 58.79 Med: 150.16 Max: 275.16
Current: 116.75

During the past 13 years, Mtouche Technology Bhd's highest Days Payable was 275.16. The lowest was 58.79. And the median was 150.16.

XKLS:0092's Days Payable is ranked better than
53.47% of 346 companies
in the Telecommunication Services industry
Industry Median: 103.795 vs XKLS:0092: 116.75

Mtouche Technology Bhd's Days Payable declined from Dec. 2022 (167.15) to Dec. 2023 (149.53). It may suggest that Mtouche Technology Bhd accelerated paying its suppliers.

Mtouche Technology Bhd Days Payable Historical Data

The historical data trend for Mtouche Technology 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.

Mtouche Technology Bhd Days Payable Chart

Mtouche Technology Bhd Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Jun18

Jun19

Jun20

Sep22

Sep23

Days Payable

Get a 7-Day Free Trial

190.04

106.16

275.16

58.79

249.52

Mtouche Technology Bhd Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															167.15	241.17	347.55	87.83	149.53

Competitive Comparison of Mtouche Technology Bhd's Days Payable

For the Telecom Services subindustry, Mtouche Technology 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.

Mtouche Technology Bhd's Days Payable Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Mtouche Technology Bhd's Days Payable distribution charts can be found below:

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

Mtouche Technology 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.

Mtouche Technology Bhd's Days Payable for the fiscal year that ended in Sep. 2023 is calculated as

	Days Payable (A: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Sep. 2022 )	+	Accounts Payable (A: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (A: Sep. 2023 )	*	Days in Period
=	( (2.009	+	13.792)	/	2 )	/	11.557	*	365
=	7.9005					/	11.557	*	365
=	249.52

Mtouche Technology 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
=	( (13.792	+	2.375)	/	2 )	/	4.933	*	365 / 4
=	8.0835					/	4.933	*	365 / 4
=	149.53

Mtouche Technology Bhd Days Payable Related Terms

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

Mtouche Technology Bhd (XKLS:0092) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Mtouche Technology Bhd (XKLS:0092) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 8, Persiaran Tropicana, Lot 11.3, 11th Floor, Menara Lien Hoe, Tropicana Golf & Country Resort, Petaling Jaya, SGR, MYS, 47410

Website

https://www.mtouche.com

Mtouche Technology Bhd is engaged in mobile value-added services for smartphones, such as the development of mobile content, mobile messaging technologies, billing platforms, and interactive media solutions. The company's operating segment includes Matured markets and Emerging markets. It generates maximum revenue from the Matured markets segment. Matured markets segment includes Malaysia, Hong Kong, Thailand, and Singapore. The Emerging markets include Indonesia, Vietnam, Cambodia, and the Philippines. Geographically, it derives a majority of its revenue from Malaysia. Its services and solutions include an Intelligent Short Messaging Platform; mTouche Enterprise Solution and mTouche Content Provisioning Solution.

Mtouche Technology Bhd (XKLS:0092) Headlines

No Headlines