Matrix Parking Solution Holdings Bhd (XKLS:03019) Days Payable : 83.84 (As of Dec. 2023)

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What is Matrix Parking Solution Holdings Bhd Days Payable?

Matrix Parking Solution Holdings Bhd's average Accounts Payable for the six months ended in Dec. 2023 was RM2.38 Mil. Matrix Parking Solution Holdings Bhd's Cost of Goods Sold for the six months ended in Dec. 2023 was RM5.17 Mil. Hence, Matrix Parking Solution Holdings Bhd's Days Payable for the six months ended in Dec. 2023 was 83.84.

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

XKLS:03019' s Days Payable Range Over the Past 10 Years
Min: 1.66 Med: 15.64 Max: 60.65
Current: 60.65

During the past 7 years, Matrix Parking Solution Holdings Bhd's highest Days Payable was 60.65. The lowest was 1.66. And the median was 15.64.

XKLS:03019's Days Payable is not ranked
in the Construction industry.
Industry Median: 76.4 vs XKLS:03019: 60.65

Matrix Parking Solution Holdings Bhd's Days Payable increased from Dec. 2022 (69.56) to Dec. 2023 (83.84). It may suggest that Matrix Parking Solution Holdings Bhd delayed paying its suppliers.

Matrix Parking Solution Holdings Bhd Days Payable Historical Data

The historical data trend for Matrix Parking Solution 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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Matrix Parking Solution Holdings Bhd Days Payable Chart

Matrix Parking Solution Holdings Bhd Annual Data

Trend

Dec16

Dec17

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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1.66

7.42

33.31

15.64

19.67

Matrix Parking Solution Holdings Bhd Semi-Annual Data
	Dec16	Dec17	Jun18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial								496.12	97.65	69.56	78.40	83.84

Competitive Comparison of Matrix Parking Solution Holdings Bhd's Days Payable

For the Infrastructure Operations subindustry, Matrix Parking Solution 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.

Matrix Parking Solution Holdings Bhd's Days Payable Distribution in the Construction Industry

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

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

Matrix Parking Solution 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.

Matrix Parking Solution 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
=	( (0.347	+	0.755)	/	2 )	/	10.226	*	365
=	0.551					/	10.226	*	365
=	19.67

Matrix Parking Solution 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: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (3.996	+	0.755)	/	2 )	/	5.171	*	365 / 2
=	2.3755					/	5.171	*	365 / 2
=	83.84

Matrix Parking Solution Holdings Bhd Days Payable Related Terms

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Matrix Parking Solution Holdings Bhd (XKLS:03019) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Matrix Parking Solution Holdings Bhd (XKLS:03019) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

Jalan PJU 1A/41 Ara Jaya, Y-BG-02 No.1, Damansara, Selangor Darul Ehsa, Petaling Jaya, MYS

Website

https://matrixparking.my

Matrix Parking Solution Holdings Bhd offers car parking operation and management services.

Matrix Parking Solution Holdings Bhd (XKLS:03019) Headlines

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