MY E.G.Services Bhd (XKLS:0138) Days Payable : 0.00 (As of Dec. 2023)

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What is MY E.G.Services Bhd Days Payable?

MY E.G.Services Bhd's average Accounts Payable for the three months ended in Dec. 2023 was RM51.7 Mil. MY E.G.Services Bhd's Cost of Goods Sold for the three months ended in Dec. 2023 was RM0.0 Mil.

The historical rank and industry rank for MY E.G.Services Bhd's Days Payable or its related term are showing as below:

During the past 13 years, MY E.G.Services Bhd's highest Days Payable was 967.42. The lowest was 112.00. And the median was 258.22.

XKLS:0138's Days Payable is not ranked ^*
in the Software industry.
Industry Median: 50.54
* Ranked among companies with meaningful Days Payable only.

MY E.G.Services Bhd's Days Payable stayed the same from Dec. 2022 (0.00) to Dec. 2023 (0.00). stayed the same

MY E.G.Services Bhd Days Payable Historical Data

The historical data trend for MY E.G.Services 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.

MY E.G.Services Bhd Days Payable Chart

MY E.G.Services Bhd Annual Data

Trend

Jun12

Jun13

Jun14

Jun15

Jun16

Jun17

Dec20

Dec21

Dec22

Dec23

Days Payable

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637.26

222.36

112.00

247.27

245.40

MY E.G.Services Bhd Quarterly Data
	Mar18	Dec18	Mar19	Jun19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of MY E.G.Services Bhd's Days Payable

For the Information Technology Services subindustry, MY E.G.Services 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.

MY E.G.Services Bhd's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, MY E.G.Services Bhd's Days Payable distribution charts can be found below:

* The bar in red indicates where MY E.G.Services Bhd's Days Payable falls into.

MY E.G.Services 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.

MY E.G.Services 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
=	( (106.412	+	50.837)	/	2 )	/	116.943	*	365
=	78.6245					/	116.943	*	365
=	245.40

MY E.G.Services 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
=	( (52.527	+	50.837)	/	2 )	/	0	*	365 / 4
=	51.682					/	0	*	365 / 4
=	N/A

MY E.G.Services Bhd Days Payable Related Terms

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MY E.G.Services Bhd (XKLS:0138) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » MY E.G.Services Bhd (XKLS:0138) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 8, Jalan Damansara, PJU 8, Level 43A, MYEG Tower, Empire City, Petaling Jaya, SGR, MYS, 47820

Website

https://www.myeg.com.my

MY E.G.Services Bhd, or MYEG, provides electronic government solutions and services in Malaysia. The company is majorly engaged in the development and implementation of the Electronic Government Services project, the provision of other related services, and investment holding. Electronic Government Services include the testing, issuance, and renewal of drivers' licenses, renewal of vehicle road tax, vehicle ownership transfer, the renewal of foreign workers permits, bankruptcy status searches, and payment systems. It also provides commercial offerings, such as insurance, credit and debit payment solutions, tracking systems, and telecommunications services. It derives the majority of revenue from Malaysia.

MY E.G.Services Bhd (XKLS:0138) Headlines

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