Iris Bhd (XKLS:0010) Days Payable : 169.04 (As of Jun. 2024)

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What is Iris Bhd Days Payable?

Iris Bhd's average Accounts Payable for the three months ended in Jun. 2024 was RM110.0 Mil. Iris Bhd's Cost of Goods Sold for the three months ended in Jun. 2024 was RM59.4 Mil. Hence, Iris Bhd's Days Payable for the three months ended in Jun. 2024 was 169.04.

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

XKLS:0010' s Days Payable Range Over the Past 10 Years
Min: 32.98 Med: 123.61 Max: 201.1
Current: 89.76

During the past 13 years, Iris Bhd's highest Days Payable was 201.10. The lowest was 32.98. And the median was 123.61.

XKLS:0010's Days Payable is ranked better than
58.57% of 2947 companies
in the Industrial Products industry
Industry Median: 75.59 vs XKLS:0010: 89.76

Iris Bhd's Days Payable increased from Jun. 2023 (33.75) to Jun. 2024 (169.04). It may suggest that Iris Bhd delayed paying its suppliers.

Iris Bhd Days Payable Historical Data

The historical data trend for Iris 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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Iris Bhd Days Payable Chart

Iris Bhd Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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121.55

201.10

97.49

70.07

125.66

Iris Bhd Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Days Payable	Get a 7-Day Free Trial															33.75	39.81	24.73	255.26	169.04

Competitive Comparison of Iris Bhd's Days Payable

For the Business Equipment & Supplies subindustry, Iris 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.

Iris Bhd's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Iris Bhd's Days Payable distribution charts can be found below:

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

Iris 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.

Iris Bhd's Days Payable for the fiscal year that ended in Mar. 2024 is calculated as

	Days Payable (A: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2023 )	+	Accounts Payable (A: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2024 )	*	Days in Period
=	( (50.44	+	146.544)	/	2 )	/	286.077	*	365
=	98.492					/	286.077	*	365
=	125.66

Iris Bhd's Days Payable for the quarter that ended in Jun. 2024 is calculated as:

	Days Payable (Q: Jun. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2024 )	+	Accounts Payable (Q: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
=	( (146.544	+	73.398)	/	2 )	/	59.364	*	365 / 4
=	109.971					/	59.364	*	365 / 4
=	169.04

Iris Bhd Days Payable Related Terms

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Iris Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Iris Corp Bhd (XKLS:0010) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

IRIS Smart Tech Complex, Technology Park Malaysia, Bukit Jalil, Kuala Lumpur, SGR, MYS, 57000

Website

https://www.iris.com.my

Iris Corp Bhd is engaged in operations of segments such as Trusted Identification, Property Development and Construction subdivision, and Food and Agro Technology. It generates maximum revenue from the Trusted identification division segment. The trusted identification division segment includes e-Passports, e-Identification cards, banking cards, transportation, and other related Trusted Identification devices, equipment, and services. Geographically, it derives a majority of revenue from Africa and also has a presence in Malaysia, Asia Pacific, Oceania, and North America.

Iris Bhd Headlines

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