Widad Group Bhd (XKLS:0162) Days Payable : 185.30 (As of Mar. 2024)

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What is Widad Group Bhd Days Payable?

Widad Group Bhd's average Accounts Payable for the three months ended in Mar. 2024 was RM52.0 Mil. Widad Group Bhd's Cost of Goods Sold for the three months ended in Mar. 2024 was RM25.6 Mil. Hence, Widad Group Bhd's Days Payable for the three months ended in Mar. 2024 was 185.30.

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

XKLS:0162' s Days Payable Range Over the Past 10 Years
Min: 58.41 Med: 79.18 Max: 212.32
Current: 86.17

During the past 13 years, Widad Group Bhd's highest Days Payable was 212.32. The lowest was 58.41. And the median was 79.18.

XKLS:0162's Days Payable is ranked better than
56.21% of 1601 companies
in the Construction industry
Industry Median: 75.97 vs XKLS:0162: 86.17

Widad Group Bhd's Days Payable increased from Mar. 2023 (76.37) to Mar. 2024 (185.30). It may suggest that Widad Group Bhd delayed paying its suppliers.

Widad Group Bhd Days Payable Historical Data

The historical data trend for Widad Group 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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Widad Group Bhd Days Payable Chart

Widad Group Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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105.72

212.32

89.60

82.14

76.22

Widad Group Bhd Quarterly Data
	Jun19	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															76.37	150.63	54.67	38.98	185.30

Competitive Comparison of Widad Group Bhd's Days Payable

For the Engineering & Construction subindustry, Widad Group 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.

Widad Group Bhd's Days Payable Distribution in the Construction Industry

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

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

Widad Group 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.

Widad Group 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
=	( (42.183	+	47.265)	/	2 )	/	214.166	*	365
=	44.724					/	214.166	*	365
=	76.22

Widad Group 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
=	( (47.265	+	56.677)	/	2 )	/	25.593	*	365 / 4
=	51.971					/	25.593	*	365 / 4
=	185.30

Widad Group Bhd Days Payable Related Terms

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Widad Group Bhd (XKLS:0162) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Widad Group Bhd (XKLS:0162) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 3, Jalan Semantan, Damansara Heights, WBG Penthouse, Kuala Lumpur, MYS, 50490

Website

https://www.widadgroup.com

Widad Group Bhd is a Malaysia-based investment holding company. The company is organized into three business units. Integrated facility management includes scheduled maintenance, ad-hoc maintenance, upgrading, and renovation to ensure optimum effectiveness and efficiency and cater to its customer's requirements and preferences, which also is the majority revenue generating segment. The constructions segment includes infrastructure and civil works such as the construction of low and high-rise buildings for a variety of uses, and sewerage treatment plants. The concession segment comprises operations related to the construction and maintenance of facilities and infrastructure.

Widad Group Bhd (XKLS:0162) Headlines

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