Advance Synergy Bhd (XKLS:1481) Days Payable : 69.09 (As of Dec. 2023)

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What is Advance Synergy Bhd Days Payable?

Advance Synergy Bhd's average Accounts Payable for the three months ended in Dec. 2023 was RM45.9 Mil. Advance Synergy Bhd's Cost of Goods Sold for the three months ended in Dec. 2023 was RM60.7 Mil. Hence, Advance Synergy Bhd's Days Payable for the three months ended in Dec. 2023 was 69.09.

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

XKLS:1481' s Days Payable Range Over the Past 10 Years
Min: 33.23 Med: 82.24 Max: 210.33
Current: 85.51

During the past 13 years, Advance Synergy Bhd's highest Days Payable was 210.33. The lowest was 33.23. And the median was 82.24.

XKLS:1481's Days Payable is ranked better than
60.98% of 756 companies
in the Travel & Leisure industry
Industry Median: 59.87 vs XKLS:1481: 85.51

Advance Synergy Bhd's Days Payable increased from Dec. 2022 (67.81) to Dec. 2023 (69.09). It may suggest that Advance Synergy Bhd delayed paying its suppliers.

Advance Synergy Bhd Days Payable Historical Data

The historical data trend for Advance Synergy 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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Advance Synergy Bhd Days Payable Chart

Advance Synergy Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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84.14

210.33

190.53

80.34

33.23

Advance Synergy Bhd Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															67.81	63.15	136.78	146.32	69.09

Competitive Comparison of Advance Synergy Bhd's Days Payable

For the Travel Services subindustry, Advance Synergy 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.

Advance Synergy Bhd's Days Payable Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Advance Synergy Bhd's Days Payable distribution charts can be found below:

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

Advance Synergy 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.

Advance Synergy 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
=	( (19.458	+	20.584)	/	2 )	/	219.933	*	365
=	20.021					/	219.933	*	365
=	33.23

Advance Synergy 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
=	( (71.288	+	20.584)	/	2 )	/	60.671	*	365 / 4
=	45.936					/	60.671	*	365 / 4
=	69.09

Advance Synergy Bhd Days Payable Related Terms

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Advance Synergy Bhd (XKLS:1481) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Advance Synergy Bhd (XKLS:1481) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Synergy 9, 9 Jalan Kajibumi U1/70,, Ground Floor, Temasya Glenmarie, Shah Alam, SGR, MYS, 40150

Website

https://www.asb.com.my

Advance Synergy Bhd is an investment holding company. Its segments include Investment Holding, which provides corporate and financial support to the group; Property Development engages in the development of residential and commercial properties; the Information and Communications Technology segment is engaged in the design and development of telecommunications software applications and systems; Travel and Tours segment is involved in the money services business and provision of travel-related services; Financial Services includes payment card issuing and acquiring and related services and money services business and Others segment. It operates mainly in Malaysia, Africa, Singapore, the Middle East, Europe and others.

Advance Synergy Bhd (XKLS:1481) Headlines

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