Ideal Capital Bhd (XKLS:9687) Days Payable : 390.23 (As of Dec. 2023)

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What is Ideal Capital Bhd Days Payable?

Ideal Capital Bhd's average Accounts Payable for the three months ended in Dec. 2023 was RM332.4 Mil. Ideal Capital Bhd's Cost of Goods Sold for the three months ended in Dec. 2023 was RM77.7 Mil. Hence, Ideal Capital Bhd's Days Payable for the three months ended in Dec. 2023 was 390.23.

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

XKLS:9687' s Days Payable Range Over the Past 10 Years
Min: 32.94 Med: 225.83 Max: 420.7
Current: 420.7

During the past 13 years, Ideal Capital Bhd's highest Days Payable was 420.70. The lowest was 32.94. And the median was 225.83.

XKLS:9687's Days Payable is ranked better than
85.35% of 1577 companies
in the Real Estate industry
Industry Median: 96.82 vs XKLS:9687: 420.70

Ideal Capital Bhd's Days Payable increased from Dec. 2022 (306.53) to Dec. 2023 (390.23). It may suggest that Ideal Capital Bhd delayed paying its suppliers.

Ideal Capital Bhd Days Payable Historical Data

The historical data trend for Ideal Capital 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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Ideal Capital Bhd Days Payable Chart

Ideal Capital Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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106.26

236.86

225.83

360.63

305.79

Ideal Capital 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															306.53	358.33	645.15	436.34	390.23

Competitive Comparison of Ideal Capital Bhd's Days Payable

For the Real Estate - Development subindustry, Ideal Capital 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.

Ideal Capital Bhd's Days Payable Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Ideal Capital Bhd's Days Payable distribution charts can be found below:

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

Ideal Capital 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.

Ideal Capital 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
=	( (314.751	+	300.633)	/	2 )	/	367.273	*	365
=	307.692					/	367.273	*	365
=	305.79

Ideal Capital 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
=	( (364.236	+	300.633)	/	2 )	/	77.736	*	365 / 4
=	332.4345					/	77.736	*	365 / 4
=	390.23

Ideal Capital Bhd Days Payable Related Terms

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Ideal Capital Bhd (XKLS:9687) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Ideal Capital Bhd (XKLS:9687) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

Jalan Mahsuri, No. 71-5, Ideal @ The One, Bayan Lepas, PNG, MYS, 11950

Website

https://www.iubib.com.my

Ideal Capital Bhd is a Malaysia-based investment holding company engaged in the trading of heavy machinery and spare parts, and property development activities. The group has three reportable segments namely, the Trading segment which includes trading of heavy machinery and spare parts, the Property development segment which relates to property development activities, and Project investment and project management engaged in rental income and property management services. The company operates in Malaysia and generates the majority of its revenue from the Property development segment.

Ideal Capital Bhd (XKLS:9687) Headlines

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