XOX Technology Bhd (XKLS:0017) Days Payable : 148.27 (As of Sep. 2024)

View and export this data going back to 2003. Start your Free Trial

What is XOX Technology Bhd Days Payable?

XOX Technology Bhd's average Accounts Payable for the three months ended in Sep. 2024 was RM56.00 Mil. XOX Technology Bhd's Cost of Goods Sold for the three months ended in Sep. 2024 was RM34.47 Mil. Hence, XOX Technology Bhd's Days Payable for the three months ended in Sep. 2024 was 148.27.

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

XKLS:0017' s Days Payable Range Over the Past 10 Years
Min: 71.24 Med: 125 Max: 294.31
Current: 294.31

During the past 13 years, XOX Technology Bhd's highest Days Payable was 294.31. The lowest was 71.24. And the median was 125.00.

XKLS:0017's Days Payable is ranked better than
84.68% of 346 companies
in the Telecommunication Services industry
Industry Median: 107.52 vs XKLS:0017: 294.31

XOX Technology Bhd's Days Payable increased from Mar. 2023 (144.78) to Sep. 2024 (148.27). It may suggest that XOX Technology Bhd delayed paying its suppliers.

XOX Technology Bhd Days Payable Historical Data

The historical data trend for XOX Technology 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.

XOX Technology Bhd Days Payable Chart

XOX Technology Bhd Annual Data

Trend

Jun12

Jun13

Jun14

Jun15

Jun16

Jun17

Dec19

Mar21

Mar22

Mar23

Days Payable

Get a 7-Day Free Trial

226.59

122.19

130.41

125.00

XOX Technology Bhd Quarterly Data
	Sep18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Sep24
Days Payable	Get a 7-Day Free Trial															144.78	115.93	120.29	150.92	148.27

Competitive Comparison of XOX Technology Bhd's Days Payable

For the Telecom Services subindustry, XOX Technology 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.

XOX Technology Bhd's Days Payable Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, XOX Technology Bhd's Days Payable distribution charts can be found below:

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

XOX Technology 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.

XOX Technology Bhd's Days Payable for the fiscal year that ended in Mar. 2023 is calculated as

	Days Payable (A: Mar. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2022 )	+	Accounts Payable (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (21.923	+	21.556)	/	2 )	/	63.479	*	365
=	21.7395					/	63.479	*	365
=	125.00

XOX Technology Bhd's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

	Days Payable (Q: Sep. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (60.272	+	51.734)	/	2 )	/	34.466	*	365 / 4
=	56.003					/	34.466	*	365 / 4
=	148.27

XOX Technology Bhd Days Payable Related Terms

Thank you for viewing the detailed overview of XOX Technology Bhd's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

XOX Technology Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » XOX Technology Bhd (XKLS:0017) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lot 17.1, 17th Floor, Menara Lien Hoe, No. 8, Persiaran Tropicana, Tropicana Golf and Country Resort, Petaling Jaya, SGR, MYS, 47410

Website

https://www.m3tech.com.my

XOX Technology Bhd, formerly M3 Technologies (Asia) Bhd is engaged in the provision of mobile value-added services. Business activity of the firm is operated through the region of Malaysia, Pakistan, United Arab Emirates - Dubai, and Other Countries of which Pakistan region accounts for a larger share of the revenue. The business activities function through Mobile Solutions; Cloud Services Solutions and Trading and Distribution business. It offers a range of mobile solutions and platforms, such as multimedia products, wireless access protocol (WAP) and Java 2 Micro Edition (J2ME) applications catering to all channels of its business, such as Business to Consumer, Business to Business and Business to Owner.

XOX Technology Bhd Headlines

No Headlines