Mega First Bhd (XKLS:3069) Days Payable : 73.67 (As of Mar. 2024)

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What is Mega First Bhd Days Payable?

Mega First Bhd's average Accounts Payable for the three months ended in Mar. 2024 was RM144 Mil. Mega First Bhd's Cost of Goods Sold for the three months ended in Mar. 2024 was RM178 Mil. Hence, Mega First Bhd's Days Payable for the three months ended in Mar. 2024 was 73.67.

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

XKLS:3069' s Days Payable Range Over the Past 10 Years
Min: 21.67 Med: 66.7 Max: 211.38
Current: 90.26

During the past 13 years, Mega First Bhd's highest Days Payable was 211.38. The lowest was 21.67. And the median was 66.70.

XKLS:3069's Days Payable is ranked better than
64.98% of 494 companies
in the Utilities - Regulated industry
Industry Median: 66.43 vs XKLS:3069: 90.26

Mega First Bhd's Days Payable increased from Mar. 2023 (61.61) to Mar. 2024 (73.67). It may suggest that Mega First Bhd delayed paying its suppliers.

Mega First Bhd Days Payable Historical Data

The historical data trend for Mega First 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.

Mega First Bhd Days Payable Chart

Mega First Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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196.46

211.38

64.42

34.90

39.93

Mega First 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															61.61	91.57	97.79	76.34	73.67

Competitive Comparison of Mega First Bhd's Days Payable

For the Utilities - Regulated Electric subindustry, Mega First 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.

Mega First Bhd's Days Payable Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Mega First Bhd's Days Payable distribution charts can be found below:

* The bar in red indicates where Mega First Bhd's Days Payable falls into.

Mega First 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.

Mega First 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
=	( (82.191	+	81.526)	/	2 )	/	748.281	*	365
=	81.8585					/	748.281	*	365
=	39.93

Mega First 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
=	( (81.526	+	206.515)	/	2 )	/	178.387	*	365 / 4
=	144.0205					/	178.387	*	365 / 4
=	73.67

Mega First Bhd Days Payable Related Terms

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Mega First Bhd (XKLS:3069) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Mega First Corp Bhd (XKLS:3069) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

23 Jalan Barat, A-12-01, Level 12, Block A, PJ8, Seksyen 8, Petaling Jaya, SGR, MYS, 46050

Website

http://www.mega-first.com

Mega First Corp Bhd is an investment holding company. The group is organized into three main business segments as follows - Renewable Energy, Resources, and Packaging. The Renewable Energy segment builds, owns, and operates power plants. The Resources segment is engaged in the quarrying of limestone manufacturing and trading of lime products, calcium carbonate powder, and bricks. The Packaging segment is engaged in the Manufacturing and distribution of packaging and label products. The majority of its revenue is derived from the Renewable Energy segment. Geographically, the majority is from the Lao PDR and Malaysia.

Mega First Bhd (XKLS:3069) Headlines

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