SMTrack Bhd (XKLS:0169) Days Payable: 23.87 (As of Dec. 2024)


What is SMTrack Bhd Days Payable?

SMTrack Bhd XKLS:0169 Days Payable is 23.87 as of Dec. 2024.

SMTrack Bhd's average Accounts Payable for the three months ended in Dec. 2024 was RM0.16 Mil. SMTrack Bhd's Cost of Goods Sold for the three months ended in Dec. 2024 was RM0.62 Mil. Hence, SMTrack Bhd's Days Payable for the three months ended in Dec. 2024 was 23.87.

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 is not ranked *
in the Software industry.
Industry Median: 53.825
* Ranked among companies with meaningful Days Payable only.

SMTrack Bhd's Days Payable declined from Sep. 2023 (319.06) to Dec. 2024 (23.87). It may suggest that SMTrack Bhd accelerated paying its suppliers.

SMTrack Bhd Days Payable Historical Data

* Premium members only.

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.

SMTrack Bhd Days Payable Chart

SMTrack Bhd Annual Data
Trend Sep10 Sep11 Sep12 Sep13 Mar15 Jul17 Jul18 Jul19
Days Payable
Get a 7-Day Free Trial 13.21 0.00 29.15 536.19 8,638.33

SMTrack Bhd Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Oct21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24 Sep24 Dec24
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 319.06 239.04 211.76 83.35 23.87

XKLS:0169 vs IBM, ACN, CTSH: Days Payable Comparison

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 Days Payable vs 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. 2024 is calculated as:

Days Payable (Q: Dec. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2024 ) + Accounts Payable (Q: Dec. 2024 )) / count ) / Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=( (0.162 + 0.164) / 2 ) / 0.623*365 / 4
=0.163 / 0.623*365 / 4
=23.87

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 23.87 mean?
SMTrack Bhd (XKLS:0169) has a Days Payable of 23.87 as of Dec. 2024. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on SMTrack Bhd and its competitors.
Is SMTrack Bhd's Days Payable too high?
SMTrack Bhd's current Days Payable is 23.87. The Software industry median Days Payable is 53.83. SMTrack Bhd's value of 23.87 is 55.7% below this industry median.
How does SMTrack Bhd's Days Payable compare to IBM and ACN?
SMTrack Bhd's Days Payable of 23.87 can be compared against companies in the Software industry. The industry median Days Payable is 53.83. SMTrack Bhd's value of 23.87 is 55.7% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Software company?
The median Days Payable among Software companies is 53.83, based on 2,602 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. SMTrack Bhd's current Days Payable of 23.87 is 55.7% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on SMTrack Bhd and its competitors. For the Software industry, the median Days Payable is 53.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SMTrack Bhd's current Days Payable is 23.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SMTrack Bhd stock overvalued right now?
SMTrack Bhd (XKLS:0169) has a current Days Payable of 23.87. The current Days Payable is 23.87 and 55.7% below the Software industry median of 53.83. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For SMTrack Bhd (XKLS:0169), the current Days Payable is 23.87 as of Dec. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

SMTrack Bhd Business Description

Address Unit 29-7, The Bouvelard, Mid Valley City, 7th Floor, Lingkaran Syed Putra, 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 the Investment holding and others segment, the Delivery segment, and the Beauty and wellness segment. It derives the majority of its revenues from the Beauty and wellness segment.