Vinvest Capital Holdings Bhd (XKLS:0069) Days Payable : 64.46 (As of Dec. 2023)

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

What is Vinvest Capital Holdings Bhd Days Payable?

Vinvest Capital Holdings Bhd's average Accounts Payable for the three months ended in Dec. 2023 was RM23.39 Mil. Vinvest Capital Holdings Bhd's Cost of Goods Sold for the three months ended in Dec. 2023 was RM33.11 Mil. Hence, Vinvest Capital Holdings Bhd's Days Payable for the three months ended in Dec. 2023 was 64.46.

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

XKLS:0069' s Days Payable Range Over the Past 10 Years
Min: 16.21 Med: 58.67 Max: 147.81
Current: 78.01

During the past 13 years, Vinvest Capital Holdings Bhd's highest Days Payable was 147.81. The lowest was 16.21. And the median was 58.67.

XKLS:0069's Days Payable is ranked better than
51.84% of 1603 companies
in the Construction industry
Industry Median: 75.21 vs XKLS:0069: 78.01

Vinvest Capital Holdings Bhd's Days Payable declined from Dec. 2022 (152.60) to Dec. 2023 (64.46). It may suggest that Vinvest Capital Holdings Bhd accelerated paying its suppliers.

Vinvest Capital Holdings Bhd Days Payable Historical Data

The historical data trend for Vinvest Capital Holdings 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.

Vinvest Capital Holdings Bhd Days Payable Chart

Vinvest Capital Holdings Bhd Annual Data

Trend

Jun12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Jun20

Jun21

Dec23

Days Payable

Get a 7-Day Free Trial

147.81

138.11

132.74

64.39

Vinvest Capital Holdings Bhd Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Mar20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															152.60	166.86	196.99	38.86	64.46

Competitive Comparison of Vinvest Capital Holdings Bhd's Days Payable

For the Engineering & Construction subindustry, Vinvest Capital Holdings 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.

Vinvest Capital Holdings Bhd's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, Vinvest Capital Holdings Bhd's Days Payable distribution charts can be found below:

* The bar in red indicates where Vinvest Capital Holdings Bhd's Days Payable falls into.

Vinvest Capital Holdings 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.

Vinvest Capital Holdings 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: Jun. 2021 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (20.082	+	23.125)	/	2 )	/	122.462	*	365
=	21.6035					/	122.462	*	365
=	64.39

Vinvest Capital Holdings 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
=	( (23.653	+	23.125)	/	2 )	/	33.108	*	365 / 4
=	23.389					/	33.108	*	365 / 4
=	64.46

Vinvest Capital Holdings Bhd Days Payable Related Terms

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

Vinvest Capital Holdings Bhd (XKLS:0069) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Vinvest Capital Holdings Bhd (XKLS:0069) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 4, Jalan Seri Utara 1, Off Jalan Ipoh, Batu Caves, Kuala Lumpur, SGR, MYS, 68100

Website

https://www.vinvest.com.my

Vinvest Capital Holdings Bhd is an investment holding company. The company's operating segment includes Investment holding; Telecommunication engineering; Aluminium design and fabrication; Construction services and property development and others. It generates maximum revenue from the Construction services and property development segment. Geographically, it operates only in Malaysia.

Vinvest Capital Holdings Bhd (XKLS:0069) Headlines

No Headlines