GURUFOCUS.COM » STOCK LIST » Technology » Software » SMTrack Bhd (XKLS:0169) » Definitions » Days Payable

SMTrack Bhd (XKLS:0169) Days Payable : 239.04 (As of Dec. 2023)


View and export this data going back to 2011. Start your Free Trial

What is SMTrack Bhd Days Payable?

SMTrack Bhd's average Accounts Payable for the three months ended in Dec. 2023 was RM3.23 Mil. SMTrack Bhd's Cost of Goods Sold for the three months ended in Dec. 2023 was RM1.23 Mil. Hence, SMTrack Bhd's Days Payable for the three months ended in Dec. 2023 was 239.04.

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

XKLS:0169' s Days Payable Range Over the Past 10 Years
Min: 4.19   Med: 41.6   Max: 8638.33
Current: 245.58

During the past 9 years, SMTrack Bhd's highest Days Payable was 8638.33. The lowest was 4.19. And the median was 41.60.

XKLS:0169's Days Payable is ranked better than
86.03% of 2527 companies
in the Software industry
Industry Median: 50.54 vs XKLS:0169: 245.58

SMTrack Bhd's Days Payable declined from Sep. 2022 (408.45) to Dec. 2023 (239.04). It may suggest that SMTrack Bhd accelerated paying its suppliers.


SMTrack Bhd Days Payable Historical Data

The historical data trend for SMTrack 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.

SMTrack Bhd Days Payable Chart

SMTrack Bhd Annual Data
Trend Sep10 Sep11 Sep12 Sep13 Mar15 Jul16 Jul17 Jul18 Jul19
Days Payable
Get a 7-Day Free Trial Premium Member Only 14.91 - 43.42 536.19 8,638.33

SMTrack Bhd Quarterly Data
Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Oct21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 408.45 - 133.86 319.06 239.04

Competitive Comparison of SMTrack Bhd's Days Payable

For the Information Technology Services subindustry, SMTrack 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.


SMTrack Bhd's Days Payable Distribution in the Software Industry

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

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



SMTrack 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.

SMTrack Bhd's Days Payable for the fiscal year that ended in Jul. 2019 is calculated as

Days Payable (A: Jul. 2019 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jul. 2018 ) + Accounts Payable (A: Jul. 2019 )) / count ) / Cost of Goods Sold (A: Jul. 2019 )*Days in Period
=( (0.143 + 0.141) / 2 ) / 0.006*365
=0.142 / 0.006*365
=8,638.33

SMTrack 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
=( (3.937 + 2.523) / 2 ) / 1.233*365 / 4
=3.23 / 1.233*365 / 4
=239.04

* 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.


SMTrack Bhd Days Payable Related Terms

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


SMTrack Bhd (XKLS:0169) Business Description

Traded in Other Exchanges
N/A
Address
Unit 29-7, 7th Floor, The Bouvelard, Mid Valley City, Wilayah Persekutuan, Kuala Lumpur, SGR, MYS, 59200
SMTrack Bhd is engaged in a track and trace solutions provider that utilizes Radio Frequency Identification (RFID). It involves the design, deployment, and distribution of radiofrequency identity tags and other tagging solutions using information technology. It also offers the provision of training, maintenance, and consultancy services. The company is engaged in Investment holding and others segment, Delivery segment and Beauty and wellness segment. It derives majority of its revenues from the Investment holding and others segment and has operations spread across Malaysia.

SMTrack Bhd (XKLS:0169) Headlines

No Headlines