WCE Holdings Bhd (XKLS:3565) Days Payable : 453.42 (As of Dec. 2024)

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What is WCE Holdings Bhd Days Payable?

WCE Holdings Bhd's average Accounts Payable for the three months ended in Dec. 2024 was RM322.0 Mil. WCE Holdings Bhd's Cost of Goods Sold for the three months ended in Dec. 2024 was RM64.8 Mil. Hence, WCE Holdings Bhd's Days Payable for the three months ended in Dec. 2024 was 453.42.

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

XKLS:3565' s Days Payable Range Over the Past 10 Years
Min: 43.8 Med: 97.4 Max: 1058.55
Current: 274.22

During the past 13 years, WCE Holdings Bhd's highest Days Payable was 1058.55. The lowest was 43.80. And the median was 97.40.

XKLS:3565's Days Payable is ranked better than
87.01% of 1670 companies
in the Construction industry
Industry Median: 76.875 vs XKLS:3565: 274.22

WCE Holdings Bhd's Days Payable increased from Dec. 2023 (152.17) to Dec. 2024 (453.42). It may suggest that WCE Holdings Bhd delayed paying its suppliers.

WCE Holdings Bhd Days Payable Historical Data

The historical data trend for WCE 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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WCE Holdings Bhd Days Payable Chart

WCE Holdings Bhd Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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99.35

213.33

52.10

43.80

57.98

WCE Holdings Bhd Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Payable	Get a 7-Day Free Trial															152.17	169.16	298.72	223.83	453.42

Competitive Comparison of WCE Holdings Bhd's Days Payable

For the Engineering & Construction subindustry, WCE 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.

WCE Holdings Bhd's Days Payable Distribution in the Construction Industry

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

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

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WCE 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.

WCE Holdings 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
=	( (72.288	+	125.613)	/	2 )	/	622.92	*	365
=	98.9505					/	622.92	*	365
=	57.98

WCE Holdings 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
=	( (297.948	+	346.036)	/	2 )	/	64.801	*	365 / 4
=	321.992					/	64.801	*	365 / 4
=	453.42

WCE Holdings Bhd Days Payable Related Terms

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WCE Holdings Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » WCE Holdings Bhd (XKLS:3565) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Meru/KU5, Pesisiran Pantai Barat, Pejabat Pengurusan Lebuhraya, Bandar Bukit Raja, Klang, SGR, MYS, 41050

Website

https://www.wcehb.com.my

WCE Holdings Bhd is an investment holding company. The company's segments include Toll concession, Construction, and Others. The majority of the company's revenue is generated from the Toll concession segment which is engaged in the business of construction, management, and tolling of highway operation. The construction segment is involved in the business of construction contracting and project management services, and the other segment is engaged in the business of leasing and investment holding. All of its activities are carried out in Malaysia.

WCE Holdings Bhd Headlines

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