Glostrext Bhd (XKLS:0284) Days Payable : 19.71 (As of Dec. 2024)

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What is Glostrext Bhd Days Payable?

Glostrext Bhd's average Accounts Payable for the three months ended in Dec. 2024 was RM0.96 Mil. Glostrext Bhd's Cost of Goods Sold for the three months ended in Dec. 2024 was RM4.45 Mil. Hence, Glostrext Bhd's Days Payable for the three months ended in Dec. 2024 was 19.71.

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

XKLS:0284' s Days Payable Range Over the Past 10 Years
Min: 18.71 Med: 23.01 Max: 37.54
Current: 18.71

During the past 5 years, Glostrext Bhd's highest Days Payable was 37.54. The lowest was 18.71. And the median was 23.01.

XKLS:0284's Days Payable is ranked worse than
95.45% of 1670 companies
in the Construction industry
Industry Median: 76.875 vs XKLS:0284: 18.71

Glostrext Bhd's Days Payable increased from Dec. 2023 (12.39) to Dec. 2024 (19.71). It may suggest that Glostrext Bhd delayed paying its suppliers.

Glostrext Bhd Days Payable Historical Data

The historical data trend for Glostrext 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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Glostrext Bhd Days Payable Chart

Glostrext Bhd Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

22.29

37.54

23.90

19.96

23.01

Glostrext Bhd Quarterly Data
	Mar20	Mar21	Mar22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Payable	Get a 7-Day Free Trial						12.39	23.47	16.25	17.34	19.71

Competitive Comparison of Glostrext Bhd's Days Payable

For the Engineering & Construction subindustry, Glostrext 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.

Glostrext Bhd's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, Glostrext Bhd's Days Payable distribution charts can be found below:

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

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Glostrext 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.

Glostrext Bhd's Days Payable for the fiscal year that ended in Mar. 2024 is calculated as

	Days Payable (A: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2023 )	+	Accounts Payable (A: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2024 )	*	Days in Period
=	( (0.663	+	0.987)	/	2 )	/	13.089	*	365
=	0.825					/	13.089	*	365
=	23.01

Glostrext 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
=	( (0.956	+	0.968)	/	2 )	/	4.454	*	365 / 4
=	0.962					/	4.454	*	365 / 4
=	19.71

Glostrext Bhd Days Payable Related Terms

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Glostrext Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Glostrext Bhd (XKLS:0284) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 11A, Jalan Apollo U5/194, Bandar Pinggiran Subang, Seksyen U5, Shah Alam, SGR, MYS, 40150

Website

https://www.glostrext.com

Glostrext Bhd is a geotechnical instrumentation service provider, where it provides piling, structural and geotechnical-related services, covering instrumentation, testing, and monitoring services to construction projects as well as completed buildings and infrastructure. Its service offerings can be categorized into three segments; Provision of pile instrumentation and static load test services to construction projects and Provision of structural and ground instrumentation and monitoring services to construction projects as well as completed buildings and infrastructures, and Other related activities. Most revenue is derived from pile instrumentation and static load test services.

Glostrext Bhd Headlines

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