Solarvest Holdings Bhd (XKLS:0215) Days Payable : 81.91 (As of Dec. 2023)

View and export this data going back to 2019. Start your Free Trial

What is Solarvest Holdings Bhd Days Payable?

Solarvest Holdings Bhd's average Accounts Payable for the three months ended in Dec. 2023 was RM75.8 Mil. Solarvest Holdings Bhd's Cost of Goods Sold for the three months ended in Dec. 2023 was RM84.5 Mil. Hence, Solarvest Holdings Bhd's Days Payable for the three months ended in Dec. 2023 was 81.91.

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

XKLS:0215' s Days Payable Range Over the Past 10 Years
Min: 16.8 Med: 58.15 Max: 115.92
Current: 80.14

During the past 8 years, Solarvest Holdings Bhd's highest Days Payable was 115.92. The lowest was 16.80. And the median was 58.15.

XKLS:0215's Days Payable is ranked better than
70.57% of 965 companies
in the Semiconductors industry
Industry Median: 51.64 vs XKLS:0215: 80.14

Solarvest Holdings Bhd's Days Payable declined from Dec. 2022 (86.99) to Dec. 2023 (81.91). It may suggest that Solarvest Holdings Bhd accelerated paying its suppliers.

Solarvest Holdings Bhd Days Payable Historical Data

The historical data trend for Solarvest Holdings 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.

Solarvest Holdings Bhd Days Payable Chart

Solarvest Holdings Bhd Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

Get a 7-Day Free Trial

57.60

58.69

93.26

115.92

87.40

Solarvest Holdings Bhd Quarterly Data
	Mar18	Mar19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															86.99	89.19	85.55	82.20	81.91

Competitive Comparison of Solarvest Holdings Bhd's Days Payable

For the Solar subindustry, Solarvest Holdings 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.

Solarvest Holdings Bhd's Days Payable Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Solarvest Holdings Bhd's Days Payable distribution charts can be found below:

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

Solarvest Holdings 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.

Solarvest Holdings 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
=	( (39.3	+	104.642)	/	2 )	/	300.549	*	365
=	71.971					/	300.549	*	365
=	87.40

Solarvest Holdings 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
=	( (86.179	+	65.465)	/	2 )	/	84.47	*	365 / 4
=	75.822					/	84.47	*	365 / 4
=	81.91

Solarvest Holdings Bhd Days Payable Related Terms

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

Solarvest Holdings Bhd (XKLS:0215) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Solarvest Holdings Bhd (XKLS:0215) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 5, Jalan 13/6, Seksyen 13, L1-01, Pacific 63 at PJ Centre, Petaling Jaya, SGR, MYS, 46200

Website

https://www.solarvest.my

Solarvest Holdings Bhd is an investment holding company. The company's operating segment includes (engineering, procurement, construction and commissioning) EPCC of the solar energy system; Operations and maintenance of solar energy system; Sale of electricity through solar energy generation, and others. It generates maximum revenue from EPCC of the solar energy system segment. The company serves residential; commercial; industrial and large-scale solar energy producers.

Solarvest Holdings Bhd (XKLS:0215) Headlines

No Headlines