Mclean Technologies Bhd (XKLS:0167) Days Payable : 52.17 (As of Dec. 2023)

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What is Mclean Technologies Bhd Days Payable?

Mclean Technologies Bhd's average Accounts Payable for the three months ended in Dec. 2023 was RM5.78 Mil. Mclean Technologies Bhd's Cost of Goods Sold for the three months ended in Dec. 2023 was RM10.12 Mil. Hence, Mclean Technologies Bhd's Days Payable for the three months ended in Dec. 2023 was 52.17.

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

XKLS:0167' s Days Payable Range Over the Past 10 Years
Min: 41.22 Med: 62.44 Max: 79.16
Current: 51.14

During the past 13 years, Mclean Technologies Bhd's highest Days Payable was 79.16. The lowest was 41.22. And the median was 62.44.

XKLS:0167's Days Payable is ranked better than
52.32% of 925 companies
in the Business Services industry
Industry Median: 47.75 vs XKLS:0167: 51.14

Mclean Technologies Bhd's Days Payable increased from Dec. 2022 (46.56) to Dec. 2023 (52.17). It may suggest that Mclean Technologies Bhd delayed paying its suppliers.

Mclean Technologies Bhd Days Payable Historical Data

The historical data trend for Mclean Technologies 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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Mclean Technologies Bhd Days Payable Chart

Mclean Technologies Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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75.67

57.80

43.79

41.22

46.21

Mclean Technologies 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															46.56	39.11	53.92	65.99	52.17

Competitive Comparison of Mclean Technologies Bhd's Days Payable

For the Specialty Business Services subindustry, Mclean Technologies 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.

Mclean Technologies Bhd's Days Payable Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Mclean Technologies Bhd's Days Payable distribution charts can be found below:

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

Mclean Technologies 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.

Mclean Technologies 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
=	( (3.874	+	5.824)	/	2 )	/	38.3	*	365
=	4.849					/	38.3	*	365
=	46.21

Mclean Technologies 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
=	( (5.744	+	5.824)	/	2 )	/	10.117	*	365 / 4
=	5.784					/	10.117	*	365 / 4
=	52.17

Mclean Technologies Bhd Days Payable Related Terms

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Mclean Technologies Bhd (XKLS:0167) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Mclean Technologies Bhd (XKLS:0167) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

2 Woodlands Sector 1, No 01-22, Singapore, SGP, 738068

Website

http://www.mclean.com.sg

Mclean Technologies Bhd is an investment holding company. The company, through its subsidiaries, is engaged in the provision of surface finishing of metal parts for electrical and electronic industries, and provision of precision cleaning and cleanroom assembly services, clean bulk packaging services and other related services. It operates in the segment of Surface Treatment and Precision Cleaning; and Other. The surface treatment and precision cleaning segment that drives majority revenue offers surface treatment, precision cleaning, clean bulk pack and related services in the hard disk drive and consumer electronics industries. Geographically, the group operates in Malaysia, Singapore, China and other international countries.

Mclean Technologies Bhd (XKLS:0167) Headlines

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