M N C Wireless Bhd (XKLS:0103) Days Payable : 114.29 (As of Jan. 2024)

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What is M N C Wireless Bhd Days Payable?

M N C Wireless Bhd's average Accounts Payable for the three months ended in Jan. 2024 was RM3.01 Mil. M N C Wireless Bhd's Cost of Goods Sold for the three months ended in Jan. 2024 was RM2.40 Mil. Hence, M N C Wireless Bhd's Days Payable for the three months ended in Jan. 2024 was 114.29.

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

XKLS:0103' s Days Payable Range Over the Past 10 Years
Min: 83.32 Med: 111.01 Max: 156.17
Current: 97.38

During the past 13 years, M N C Wireless Bhd's highest Days Payable was 156.17. The lowest was 83.32. And the median was 111.01.

XKLS:0103's Days Payable is ranked worse than
52.6% of 346 companies
in the Telecommunication Services industry
Industry Median: 103.795 vs XKLS:0103: 97.38

M N C Wireless Bhd's Days Payable increased from Jan. 2023 (87.05) to Jan. 2024 (114.29). It may suggest that M N C Wireless Bhd delayed paying its suppliers.

M N C Wireless Bhd Days Payable Historical Data

The historical data trend for M N C Wireless 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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M N C Wireless Bhd Days Payable Chart

M N C Wireless Bhd Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Apr20

Apr21

Apr22

Apr23

Days Payable

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83.32

97.14

88.52

116.07

129.53

M N C Wireless Bhd Quarterly Data
	Mar19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Days Payable	Get a 7-Day Free Trial															87.05	85.07	111.92	102.87	114.29

Competitive Comparison of M N C Wireless Bhd's Days Payable

For the Telecom Services subindustry, M N C Wireless 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.

M N C Wireless Bhd's Days Payable Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, M N C Wireless Bhd's Days Payable distribution charts can be found below:

* The bar in red indicates where M N C Wireless Bhd's Days Payable falls into.

M N C Wireless 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.

M N C Wireless Bhd's Days Payable for the fiscal year that ended in Apr. 2023 is calculated as

	Days Payable (A: Apr. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Apr. 2022 )	+	Accounts Payable (A: Apr. 2023 ))	/	count )	/	Cost of Goods Sold (A: Apr. 2023 )	*	Days in Period
=	( (3.992	+	3.6)	/	2 )	/	10.697	*	365
=	3.796					/	10.697	*	365
=	129.53

M N C Wireless Bhd's Days Payable for the quarter that ended in Jan. 2024 is calculated as:

	Days Payable (Q: Jan. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Oct. 2023 )	+	Accounts Payable (Q: Jan. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jan. 2024 )	*	Days in Period
=	( (3.547	+	2.465)	/	2 )	/	2.4	*	365 / 4
=	3.006					/	2.4	*	365 / 4
=	114.29

M N C Wireless Bhd Days Payable Related Terms

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

M N C Wireless Bhd (XKLS:0103) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » M N C Wireless Bhd (XKLS:0103) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

0103PA.PFD:Malaysia

Address

100-3.011, Jaya One, Number 72A, Jalan Profesor Diraja Ungku Aziz, 129 Offices, Petaling Jaya, SGR, MYS, 46200

Website

https://www.mnc.com.my

M N C Wireless Bhd operates in the telecom industry. Its business operates through various segments that are Mobile Applications, which provide mobile application platforms for short message services (SMS) to mobile phone users; and Wireless and Multimedia Related Services, which are involved in consultations, sales, marketing, and implementation of m-business solutions, management of content resources business, and other related multimedia services.

M N C Wireless Bhd (XKLS:0103) Headlines

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