Daythree Digital Bhd (XKLS:0281) Days Payable : 13.31 (As of Dec. 2023)

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What is Daythree Digital Bhd Days Payable?

Daythree Digital Bhd's average Accounts Payable for the six months ended in Dec. 2023 was RM2.50 Mil. Daythree Digital Bhd's Cost of Goods Sold for the six months ended in Dec. 2023 was RM68.54 Mil. Hence, Daythree Digital Bhd's Days Payable for the six months ended in Dec. 2023 was 6.66.

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

XKLS:0281' s Days Payable Range Over the Past 10 Years
Min: 0.59 Med: 0.67 Max: 1.66
Current: 1.66

During the past 5 years, Daythree Digital Bhd's highest Days Payable was 1.66. The lowest was 0.59. And the median was 0.67.

XKLS:0281's Days Payable is ranked worse than
98.69% of 2525 companies
in the Software industry
Industry Median: 50.46 vs XKLS:0281: 1.66

Daythree Digital Bhd's Days Payable increased from Dec. 2021 (0.63) to Dec. 2023 (13.31). It may suggest that Daythree Digital Bhd delayed paying its suppliers.

Daythree Digital Bhd Days Payable Historical Data

The historical data trend for Daythree Digital 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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Daythree Digital Bhd Days Payable Chart

Daythree Digital Bhd Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

0.70

0.59

0.63

17.12

13.31

Daythree Digital Bhd Semi-Annual Data
	Dec19	Dec20	Dec21	Dec22	Dec23
Days Payable	0.70	0.59	0.63	17.12	13.31

Competitive Comparison of Daythree Digital Bhd's Days Payable

For the Information Technology Services subindustry, Daythree Digital 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.

Daythree Digital Bhd's Days Payable Distribution in the Software Industry

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

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

Daythree Digital 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.

Daythree Digital 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
=	( (4.487	+	0.512)	/	2 )	/	68.541	*	365
=	2.4995					/	68.541	*	365
=	13.31

Daythree Digital 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: Dec. 2022 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (4.487	+	0.512)	/	2 )	/	68.541	*	365 / 2
=	2.4995					/	68.541	*	365 / 2
=	6.66

Daythree Digital Bhd Days Payable Related Terms

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Daythree Digital Bhd (XKLS:0281) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Daythree Digital Bhd (XKLS:0281) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Pengaturcara U1/51A, Level 8, Tower 7, UOA Business Park 1, Seksyen U1, Shah Alam, SGR, MYS, 40150

Website

https://www.daythree.co

Daythree Digital Bhd is principally an investment holding company. Through its subsidiaries, it is a GBS service provider focusing on CX lifecycle management services enabled by in-house developed digital tools. Its services involve the setting up of contact centers to facilitate communications between its Clients and their Customers. These include the acquisition of Customers (where the Client establishes contact with a new Customer with the hope of converting from a prospect into a paying Customer) to after-sales customer support and care services such as responding to inquiries and technical support.

Daythree Digital Bhd (XKLS:0281) Headlines

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