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Divfex Bhd (XKLS:0131) Days Payable : 70.47 (As of Mar. 2024)


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What is Divfex Bhd Days Payable?

Divfex Bhd's average Accounts Payable for the three months ended in Mar. 2024 was RM4.73 Mil. Divfex Bhd's Cost of Goods Sold for the three months ended in Mar. 2024 was RM6.13 Mil. Hence, Divfex Bhd's Days Payable for the three months ended in Mar. 2024 was 70.47.

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

XKLS:0131' s Days Payable Range Over the Past 10 Years
Min: 30.2   Med: 45.19   Max: 126.51
Current: 69.1

During the past 13 years, Divfex Bhd's highest Days Payable was 126.51. The lowest was 30.20. And the median was 45.19.

XKLS:0131's Days Payable is ranked better than
61.36% of 2531 companies
in the Software industry
Industry Median: 50.13 vs XKLS:0131: 69.10

Divfex Bhd's Days Payable declined from Mar. 2023 (91.63) to Mar. 2024 (70.47). It may suggest that Divfex Bhd accelerated paying its suppliers.


Divfex Bhd Days Payable Historical Data

The historical data trend for Divfex 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.

Divfex Bhd Days Payable Chart

Divfex Bhd Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Jun20 Jun21 Jun22 Jun23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 51.29 121.72 30.20 35.81 42.82

Divfex Bhd Quarterly Data
Dec18 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 91.63 42.33 123.46 98.49 70.47

Competitive Comparison of Divfex Bhd's Days Payable

For the Information Technology Services subindustry, Divfex 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.


Divfex Bhd's Days Payable Distribution in the Software Industry

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

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



Divfex 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.

Divfex 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
=( (2.51 + 12.028) / 2 ) / 61.962*365
=7.269 / 61.962*365
=42.82

Divfex 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
=( (6.817 + 2.643) / 2 ) / 6.125*365 / 4
=4.73 / 6.125*365 / 4
=70.47

* 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.


Divfex Bhd Days Payable Related Terms

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Divfex Bhd (XKLS:0131) Business Description

Traded in Other Exchanges
N/A
Address
1, Persiaran Jalil 1, 2-05-01, Level 5, Ho Hup Tower, Bandar Bukit Jalil, Kuala Lumpur, SGR, MYS, 57000
Divfex Bhd is an investment holding company. It has three operating segments. Information and Communication Technology, which includes the Provision of a comprehensive range of tele/data communication, network infrastructure industrial automation & network performance monitoring solutions, and related services. Food Manufacturing (discontinued) includes Food and contract manufacturing. Other segments comprise operations related to investment holding activities, distribution, and reselling of hardware and software, and related services. The majority of revenue is generated from the Information & Communication Technology segment. Geographically, The group operates in Malaysia.

Divfex Bhd (XKLS:0131) Headlines

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