Rapid Synergy Bhd (XKLS:7765) Days Payable : 1,808.05 (As of Mar. 2024)

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What is Rapid Synergy Bhd Days Payable?

Rapid Synergy Bhd's average Accounts Payable for the three months ended in Mar. 2024 was RM41.93 Mil. Rapid Synergy Bhd's Cost of Goods Sold for the three months ended in Mar. 2024 was RM2.12 Mil. Hence, Rapid Synergy Bhd's Days Payable for the three months ended in Mar. 2024 was 1,808.05.

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

XKLS:7765' s Days Payable Range Over the Past 10 Years
Min: 72.13 Med: 871.69 Max: 4095.02
Current: 1400.98

During the past 13 years, Rapid Synergy Bhd's highest Days Payable was 4095.02. The lowest was 72.13. And the median was 871.69.

XKLS:7765's Days Payable is ranked better than
99.27% of 964 companies
in the Semiconductors industry
Industry Median: 51.69 vs XKLS:7765: 1400.98

Rapid Synergy Bhd's Days Payable increased from Sep. 2022 (200.98) to Mar. 2024 (1,808.05). It may suggest that Rapid Synergy Bhd delayed paying its suppliers.

Rapid Synergy Bhd Days Payable Historical Data

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

Rapid Synergy Bhd Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Days Payable

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4,095.02

1,292.62

183.71

94.06

72.13

Rapid Synergy 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															200.98	408.60	360.28	2,154.03	1,808.05

Competitive Comparison of Rapid Synergy Bhd's Days Payable

For the Semiconductor Equipment & Materials subindustry, Rapid 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.

Rapid Synergy Bhd's Days Payable Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Rapid Synergy Bhd's Days Payable distribution charts can be found below:

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

Rapid 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.

Rapid Synergy 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
=	( (0.423	+	0.46)	/	2 )	/	2.234	*	365
=	0.4415					/	2.234	*	365
=	72.13

Rapid Synergy 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
=	( (33.458	+	50.396)	/	2 )	/	2.116	*	365 / 4
=	41.927					/	2.116	*	365 / 4
=	1,808.05

Rapid Synergy Bhd Days Payable Related Terms

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Rapid Synergy Bhd (XKLS:7765) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Rapid Synergy Bhd (XKLS:7765) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

161 Jalan Sungai Keluang, Bayan Lepas FIZ, Phase I, Bayan Lepas, PNG, MYS, 11900

Website

https://www.rapidsynergy.com.my

Rapid Synergy Bhd is a Malaysia-based investment holding company. Along with its subsidiaries, the group is engaged in the business segments of Investment holding and Precision Tooling. The Precision tools segment engages in the manufacturing of precision tools, dies, and moulds for the semiconductor, electrical and electronics industries. It offers integrated circuits and lens moulds, spare parts, and trim and form parts. It has two segments: The Investment holding segment involves investment in properties and shares and letting of properties and the Precision tooling segment involves Manufacturing of precision tools, dies and moulds for the semiconductor, electrical and electronics industries. It operates in Malaysia.

Rapid Synergy Bhd (XKLS:7765) Headlines

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