Wasco Bhd (XKLS:5142) Days Payable : 104.85 (As of Dec. 2023)

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What is Wasco Bhd Days Payable?

Wasco Bhd's average Accounts Payable for the three months ended in Dec. 2023 was RM421 Mil. Wasco Bhd's Cost of Goods Sold for the three months ended in Dec. 2023 was RM366 Mil. Hence, Wasco Bhd's Days Payable for the three months ended in Dec. 2023 was 104.85.

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

XKLS:5142' s Days Payable Range Over the Past 10 Years
Min: 28.73 Med: 31.59 Max: 113.77
Current: 75.65

During the past 13 years, Wasco Bhd's highest Days Payable was 113.77. The lowest was 28.73. And the median was 31.59.

XKLS:5142's Days Payable is ranked better than
56.83% of 901 companies
in the Oil & Gas industry
Industry Median: 61.11 vs XKLS:5142: 75.65

Wasco Bhd's Days Payable increased from Dec. 2022 (98.50) to Dec. 2023 (104.85). It may suggest that Wasco Bhd delayed paying its suppliers.

Wasco Bhd Days Payable Historical Data

The historical data trend for Wasco 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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Wasco Bhd Days Payable Chart

Wasco Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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29.95

39.26

32.43

28.73

29.53

Wasco 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															98.50	63.94	94.16	90.03	104.85

Competitive Comparison of Wasco Bhd's Days Payable

For the Oil & Gas Equipment & Services subindustry, Wasco 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.

Wasco Bhd's Days Payable Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Wasco Bhd's Days Payable distribution charts can be found below:

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

Wasco 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.

Wasco 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
=	( (183.712	+	165.791)	/	2 )	/	2159.848	*	365
=	174.7515					/	2159.848	*	365
=	29.53

Wasco 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
=	( (675.91	+	165.791)	/	2 )	/	366.251	*	365 / 4
=	420.8505					/	366.251	*	365 / 4
=	104.85

Wasco Bhd Days Payable Related Terms

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Wasco Bhd (XKLS:5142) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Wasco Bhd (XKLS:5142) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

The Gardens North Tower, Suite 19.01, Level 19, Mid Valley City, Lingkaran Syed Putra, Wilayah Persekutuan, Kuala Lumpur, SGR, MYS, 59200

Website

https://www.wahseong.com

Wasco Bhd, formerly Wah Seong Corp Bhd is engaged in the business of specialized pipe coating and corrosion protection services; Engineering, Procurement, and Construction (EPC) of gas compressors and process equipment; renewable energy and infrastructure materials and services. Its segments include the Energy solutions services division; the Renewable energy division; the Industrial trading & services division; and Others. It derives the majority of its revenue from the Energy solutions services division that provides pipe coating, pipe manufacturing for the oil and gas industry, building and operating offshore/onshore field development facilities, and the provision of specialized equipment and services to the power generation, oleochemical, and petrochemical industries.

Wasco Bhd (XKLS:5142) Headlines

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