TRC Synergy Bhd (XKLS:5054WA) Days Payable : 103.05 (As of Dec. 2023)

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What is TRC Synergy Bhd Days Payable?

TRC Synergy Bhd's average Accounts Payable for the three months ended in Dec. 2023 was RM127.70 Mil. TRC Synergy Bhd's Cost of Goods Sold for the three months ended in Dec. 2023 was RM113.07 Mil. Hence, TRC Synergy Bhd's Days Payable for the three months ended in Dec. 2023 was 103.05.

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

XKLS:5054WA' s Days Payable Range Over the Past 10 Years
Min: 68.13 Med: 91.03 Max: 128.34
Current: 85.43

During the past 13 years, TRC Synergy Bhd's highest Days Payable was 128.34. The lowest was 68.13. And the median was 91.03.

XKLS:5054WA's Days Payable is ranked better than
56.64% of 1605 companies
in the Construction industry
Industry Median: 74.58 vs XKLS:5054WA: 85.43

TRC Synergy Bhd's Days Payable increased from Dec. 2022 (100.89) to Dec. 2023 (103.05). It may suggest that TRC Synergy Bhd delayed paying its suppliers.

TRC Synergy Bhd Days Payable Historical Data

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

TRC Synergy Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

102.05

96.31

88.19

89.01

68.13

TRC Synergy 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															100.89	105.84	63.82	111.98	103.05

Competitive Comparison of TRC Synergy Bhd's Days Payable

For the Engineering & Construction subindustry, TRC 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.

TRC Synergy Bhd's Days Payable Distribution in the Construction Industry

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

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

TRC 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.

TRC Synergy 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
=	( (129.436	+	107.025)	/	2 )	/	633.381	*	365
=	118.2305					/	633.381	*	365
=	68.13

TRC Synergy 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
=	( (148.367	+	107.025)	/	2 )	/	113.073	*	365 / 4
=	127.696					/	113.073	*	365 / 4
=	103.05

TRC Synergy Bhd Days Payable Related Terms

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TRC Synergy Bhd (XKLS:5054WA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » TRC Synergy Bhd (XKLS:5054WA) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

5054:Malaysia

Address

Jalan Andaman Utama, TRC Business Centre, Ampang, SGR, MYS, 68000

Website

https://www.trc.com.my

TRC Synergy Bhd is an investment holding company. The firm through its subsidiaries engages in construction and property development. The company provides service to general contractors for supplying labor and provision of corporate, administrative, and financial support to its subsidiaries. The construction activity division undertakes construction contracts, sales of construction-related materials, rendering of construction-related services, and others. For property development, the division also ventures into the development of residential properties. The construction activity business contributes the majority of the group profit and the remaining from the property development division.

TRC Synergy Bhd (XKLS:5054WA) Headlines

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