Nationgate Holdings Bhd (XKLS:0270) Days Payable : 94.30 (As of Mar. 2024)

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What is Nationgate Holdings Bhd Days Payable?

Nationgate Holdings Bhd's average Accounts Payable for the three months ended in Mar. 2024 was RM178.5 Mil. Nationgate Holdings Bhd's Cost of Goods Sold for the three months ended in Mar. 2024 was RM172.8 Mil. Hence, Nationgate Holdings Bhd's Days Payable for the three months ended in Mar. 2024 was 94.30.

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

XKLS:0270' s Days Payable Range Over the Past 10 Years
Min: 68.09 Med: 84.81 Max: 90.46
Current: 85.18

During the past 5 years, Nationgate Holdings Bhd's highest Days Payable was 90.46. The lowest was 68.09. And the median was 84.81.

XKLS:0270's Days Payable is ranked better than
62.62% of 2424 companies
in the Hardware industry
Industry Median: 68.11 vs XKLS:0270: 85.18

Nationgate Holdings Bhd's Days Payable increased from Mar. 2023 (84.83) to Mar. 2024 (94.30). It may suggest that Nationgate Holdings Bhd delayed paying its suppliers.

Nationgate Holdings Bhd Days Payable Historical Data

The historical data trend for Nationgate 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.

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Nationgate Holdings Bhd Days Payable Chart

Nationgate Holdings Bhd Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

90.46

78.56

84.81

68.09

90.41

Nationgate Holdings Bhd Quarterly Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial							84.83	71.82	69.45	79.48	94.30

Competitive Comparison of Nationgate Holdings Bhd's Days Payable

For the Electronic Components subindustry, Nationgate 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.

Nationgate Holdings Bhd's Days Payable Distribution in the Hardware Industry

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

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

Nationgate 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.

Nationgate Holdings Bhd's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (131.833	+	129.232)	/	2 )	/	526.986	*	365
=	130.5325					/	526.986	*	365
=	90.41

Nationgate Holdings Bhd's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (129.232	+	227.81)	/	2 )	/	172.751	*	365 / 4
=	178.521					/	172.751	*	365 / 4
=	94.30

Nationgate Holdings Bhd Days Payable Related Terms

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Nationgate Holdings Bhd (XKLS:0270) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Nationgate Holdings Bhd (XKLS:0270) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

2005, Tingkat Perusahaan Satu, Kawasan Perindustrian Prai, Pulau Pinang, Perai, PNG, MYS, 13600

Website

http://www.nationgate.com.my

Nationgate Holdings Bhd is engaged in the assembling and testing of electronic components and products to produce completed PCBs, semi-finished sub-assemblies, and fullyassembled electronic products as well as semiconductor devices.

Nationgate Holdings Bhd (XKLS:0270) Headlines

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