Mercury Securities Group Bhd (XKLS:0285) Days Payable : 84.86 (As of Oct. 2023)

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What is Mercury Securities Group Bhd Days Payable?

Mercury Securities Group Bhd's average Accounts Payable for the six months ended in Oct. 2023 was RM2.75 Mil. Mercury Securities Group Bhd's Cost of Goods Sold for the six months ended in Oct. 2023 was RM5.91 Mil. Hence, Mercury Securities Group Bhd's Days Payable for the six months ended in Oct. 2023 was 84.86.

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

XKLS:0285' s Days Payable Range Over the Past 10 Years
Min: 61.91 Med: 256.4 Max: 427.7
Current: 106.62

During the past 5 years, Mercury Securities Group Bhd's highest Days Payable was 427.70. The lowest was 61.91. And the median was 256.40.

XKLS:0285's Days Payable is ranked better than
50.95% of 524 companies
in the Capital Markets industry
Industry Median: 98.105 vs XKLS:0285: 106.62

Mercury Securities Group Bhd's Days Payable increased from Oct. 2022 (68.83) to Oct. 2023 (84.86). It may suggest that Mercury Securities Group Bhd delayed paying its suppliers.

Mercury Securities Group Bhd Days Payable Historical Data

The historical data trend for Mercury Securities Group 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.

Mercury Securities Group Bhd Days Payable Chart

Mercury Securities Group Bhd Annual Data

Trend

Oct19

Oct20

Oct21

Oct22

Oct23

Days Payable

427.70

394.77

256.40

61.91

105.76

Mercury Securities Group Bhd Semi-Annual Data
	Oct19	Oct20	Oct21	Apr22	Oct22	Apr23	Oct23
Days Payable	Get a 7-Day Free Trial			-	57.62	68.83	143.15	84.86

Competitive Comparison of Mercury Securities Group Bhd's Days Payable

For the Capital Markets subindustry, Mercury Securities Group 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.

Mercury Securities Group Bhd's Days Payable Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Mercury Securities Group Bhd's Days Payable distribution charts can be found below:

* The bar in red indicates where Mercury Securities Group Bhd's Days Payable falls into.

Mercury Securities Group 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.

Mercury Securities Group Bhd's Days Payable for the fiscal year that ended in Oct. 2023 is calculated as

	Days Payable (A: Oct. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Oct. 2022 )	+	Accounts Payable (A: Oct. 2023 ))	/	count )	/	Cost of Goods Sold (A: Oct. 2023 )	*	Days in Period
=	( (2.868	+	2.661)	/	2 )	/	9.541	*	365
=	2.7645					/	9.541	*	365
=	105.76

Mercury Securities Group Bhd's Days Payable for the quarter that ended in Oct. 2023 is calculated as:

	Days Payable (Q: Oct. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Apr. 2023 )	+	Accounts Payable (Q: Oct. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Oct. 2023 )	*	Days in Period
=	( (2.833	+	2.661)	/	2 )	/	5.908	*	365 / 2
=	2.747					/	5.908	*	365 / 2
=	84.86

Mercury Securities Group Bhd Days Payable Related Terms

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Mercury Securities Group Bhd (XKLS:0285) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Mercury Securities Group Bhd (XKLS:0285) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 2 Jalan Solaris, L-7-2, Solaris Mont Kiara, Kuala Lumpur, MYS, 50480

Website

https://www.mercurysecurities.com.my

Mercury Securities Group Bhd is an investment holding company and through its subsidiaries, It is principally engaged in stockbroking, corporate finance advisory and other related businesses as well as the provision of nominee and custodian services. Mercury provides stockbroking services comprising execution of trades of securities listed on Bursa Securities and foreign stock exchanges mainly in Singapore, Hong Kong and the USA, as well as margin financing facility services, nominees, custodians and related services. It is also licensed by the Securities Commission Malaysia to undertake regulated corporate finance activities as a Principal or Independent Advisor.

Mercury Securities Group Bhd (XKLS:0285) Headlines

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