Varia Bhd (XKLS:5006) Days Payable: 69.45 (As of Jun. 2024)


XKLS:5006 Varia Bhd XKLS:5006
4 GF Score
Price RM0.86
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What is Varia Bhd Days Payable?

Varia Bhd XKLS:5006 +0.59% 4 Days Payable is 69.45 as of Jun. 2024. GuruFocus rates XKLS:5006 with a GF Score™ of 4/100.

Varia Bhd's average Accounts Payable for the three months ended in Jun. 2024 was RM57.3 Mil. Varia Bhd's Cost of Goods Sold for the three months ended in Jun. 2024 was RM75.3 Mil. Hence, Varia Bhd's Days Payable for the three months ended in Jun. 2024 was 69.45.

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

XKLS:5006's Days Payable is not ranked *
in the Construction industry.
Industry Median: 76.72
* Ranked among companies with meaningful Days Payable only.

Varia Bhd's Days Payable increased from Mar. 2023 (0.00) to Jun. 2024 (69.45). It may suggest that Varia Bhd delayed paying its suppliers.

Varia Bhd Days Payable Historical Data

* Premium members only.

The historical data trend for Varia 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.

Varia Bhd Days Payable Chart

Varia Bhd Annual Data
Trend Jan12 Jan13 Jan14 Jan15 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 186.74 73.34 46.86 68.83 94.51

Varia Bhd Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Jun24
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 51.23 77.94 85.79 69.45

XKLS:5006 vs PWR, EME: Days Payable Comparison

For the Engineering & Construction subindustry, Varia 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.

Varia Bhd Days Payable vs Construction Industry

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

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


XKLS:5006
4GF Score
Varia Bhd XKLS:5006
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Varia 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.

Varia Bhd's Days Payable for the fiscal year that ended in Mar. 2022 is calculated as

Days Payable (A: Mar. 2022 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2021 ) + Accounts Payable (A: Mar. 2022 )) / count ) / Cost of Goods Sold (A: Mar. 2022 )*Days in Period
=( (10.461 + 10.707) / 2 ) / 40.875*365
=10.584 / 40.875*365
=94.51

Varia Bhd's Days Payable for the quarter that ended in Jun. 2024 is calculated as:

Days Payable (Q: Jun. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2023 ) + Accounts Payable (Q: Jun. 2024 )) / count ) / Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=( (39.483 + 75.11) / 2 ) / 75.285*365 / 4
=57.2965 / 75.285*365 / 4
=69.45

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 69.45 mean?
Varia Bhd (XKLS:5006) has a Days Payable of 69.45 as of Jun. 2024. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Varia Bhd and its competitors.
Is Varia Bhd's Days Payable too high?
Varia Bhd's current Days Payable is 69.45. The Construction industry median Days Payable is 76.72. Varia Bhd's value of 69.45 is 9.5% below this industry median. Overall, Varia Bhd has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Varia Bhd's Days Payable compare to PWR and EME?
Varia Bhd's Days Payable of 69.45 can be compared against companies in the Construction industry. The industry median Days Payable is 76.72. Varia Bhd's value of 69.45 is 9.5% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Construction company?
The median Days Payable among Construction companies is 76.72, based on 1,709 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Varia Bhd's current Days Payable of 69.45 is 9.5% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Varia Bhd and its competitors. For the Construction industry, the median Days Payable is 76.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Varia Bhd's current Days Payable is 69.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Varia Bhd stock overvalued right now?
Varia Bhd (XKLS:5006) has a current Days Payable of 69.45. The current Days Payable is 69.45 and 9.5% below the Construction industry median of 76.72. Varia Bhd's overall GF Score™ is 4/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Varia Bhd (XKLS:5006), the current Days Payable is 69.45 as of Jun. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Varia Bhd Business Description

Address Pusat Dagangan Phileo Damansara 1, No. 9, Jalan 16/11, Off Jalan Damansara, 1105, Block E, Level 11, Petaling Jaya, SGR, MYS, 46350
Varia Bhd formerly Stella Holdings Bhd is an investment holding company. The company's segment includes Investment holding; Construction; Property investment; Property development; and others. It generates maximum revenue from the Construction segment. The Construction segment includes Construction of civil and structural, mechanical and electrical works and project management.
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RM0.86
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