Rexit Bhd (XKLS:0106) Days Payable : 88.66 (As of Sep. 2024)

View and export this data going back to 2005. Start your Free Trial

What is Rexit Bhd Days Payable?

Rexit Bhd's average Accounts Payable for the three months ended in Sep. 2024 was RM1.99 Mil. Rexit Bhd's Cost of Goods Sold for the three months ended in Sep. 2024 was RM2.05 Mil. Hence, Rexit Bhd's Days Payable for the three months ended in Sep. 2024 was 88.66.

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

XKLS:0106' s Days Payable Range Over the Past 10 Years
Min: 0.87 Med: 4.82 Max: 147.2
Current: 147.2

During the past 13 years, Rexit Bhd's highest Days Payable was 147.20. The lowest was 0.87. And the median was 4.82.

XKLS:0106's Days Payable is ranked better than
78.83% of 2523 companies
in the Software industry
Industry Median: 48.75 vs XKLS:0106: 147.20

Rexit Bhd's Days Payable increased from Jun. 2023 (39.55) to Sep. 2024 (88.66). It may suggest that Rexit Bhd delayed paying its suppliers.

Rexit Bhd Days Payable Historical Data

The historical data trend for Rexit 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.

Rexit Bhd Days Payable Chart

Rexit Bhd Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Payable

Get a 7-Day Free Trial

4.83

3.61

0.87

1.50

1.40

Rexit Bhd Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Sep24
Days Payable	Get a 7-Day Free Trial															39.55	14.16	110.10	133.83	88.66

Competitive Comparison of Rexit Bhd's Days Payable

For the Information Technology Services subindustry, Rexit 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.

Rexit Bhd's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, Rexit Bhd's Days Payable distribution charts can be found below:

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

Rexit 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.

Rexit Bhd's Days Payable for the fiscal year that ended in Jun. 2023 is calculated as

	Days Payable (A: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2022 )	+	Accounts Payable (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (0.042	+	0.013)	/	2 )	/	7.184	*	365
=	0.0275					/	7.184	*	365
=	1.40

Rexit 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: Mar. 2024 )	+	Accounts Payable (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (1.604	+	2.374)	/	2 )	/	2.047	*	365 / 4
=	1.989					/	2.047	*	365 / 4
=	88.66

Rexit Bhd Days Payable Related Terms

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

Rexit Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Rexit Bhd (XKLS:0106) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 42, Jalan BM 1/2, Taman Bukit Mayang Emas, Petaling Jaya, SGR, MYS, 47301

Website

https://www.rexit.com

Rexit Bhd focuses on delivering solutions and services to the general insurance and financial service industries. It offers several web-based insurance solutions that cater to the front-end marketing and sales functions, as well as the back-end operations of insurance companies. In addition, it also offers a suite of workflow, case management, and document management applications suited for the financial industry. Its products include e-Cover, which is an online insurance transaction system; e-PPA, which is an online system to submit investment and redemption applications to the employee provident fund, IIMS, which is an integrated workflow, case management, and document management system, and others. Geographically, it derives a majority of its revenue from Malaysia.

Rexit Bhd Headlines

No Headlines